Farmington vs Minneapolis: Housing
| Farmington | Minneapolis | |
|---|---|---|
| Median Home Value | $366,200 | $362,200 |
| Median Gross Rent | $1,241/mo | $1,371/mo |
| Homeownership Rate | 86.5% | 47.7% |
| Rent as Share of Income | 12.0% | 20.3% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.