CostBy County

Cost of Living in Anoka County, Minnesota

$1,464/mo
Median Monthly Rent
$346,500
Median Home Value

At a Glance

Median Monthly Rent
$1,464/mo
56% above state average
Median Home Value
$346,500
4% above national
Census GRAPI
30.6%
Median gross rent as % of renter income

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Stretched
Median gross rent is 30–50% of renter household income

These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.

How Anoka County Compares

Median monthly rent comparison

Anoka County$1,464/mo
Minnesota Average$938/mo
National Median$1,413/mo

Detailed Housing Stats

$1,464/mo
Median Gross Rent
$346,500
Median Home Value
$1,604/mo
Monthly Owner Cost
30.6%
Census GRAPI

National Ranking

Affordability Rank

Anoka County ranks #2,902 of 3,142 counties for affordability (bottom 8%)

Most AffordableLeast Affordable

Sourced county brief

Median Gross Rent in Anoka County Reaches $1,464 Per Month

Anoka County’s median gross rent was estimated at $1,464 per month, a figure that is $526 higher than the Minnesota unweighted county mean of $938. The official rentBurdenGrapiPct, which is the median gross rent as a percentage of household income for renters according to ACS B25071, was 30.6%. This is 3.3 percentage points higher than the state unweighted county mean of 27.3%. Median renter-household income in the county was $55,974. Homeownership costs also differ from state unweighted means; the median home value was $346,500, which is $108,164 above the state unweighted county mean of $238,336. Median selected monthly owner costs for all owner-occupied units were $1,604, exceeding the state unweighted county mean of $1,116. These data represent snapshot estimates from the 2020-2024 American Community Survey and do not imply future market changes or investment outcomes. See ACS table B25064 for the underlying estimate.

Cost of Living Advisory: Anoka County

Affordability Verdict

ACS B25071 estimates median gross rent at 30.6% of renter household income in Anoka County, which is between the 30% and 50% rent-burden benchmarks. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $1,464 per month; median selected monthly owner costs are $1,604. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $58,560 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.

Regional Context

The Minnesota unweighted mean of county median rents is $938 per month. Anoka County's $1,464 median is 56.1% above that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Anoka County

$

Rent Burden

17.2%

of gross income

Max Housing (28% Rule)

$2,377

per month

Owner Cost Burden

18.9%

of gross income

The median home in Anoka County may be a stretch

Median home value is $346,500. Estimated monthly cost: $2,766 vs. your max of $2,377.

Rent Affordability Guide

Your entered rent as a share of entered income17.2%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $101,869Needed: $58,560
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $101,869Needed: $68,743
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $101,869Needed: $80,640

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Anoka County, Minnesota?
Anoka County, Minnesota has a median monthly rent of $1,464/mo and a median home value of $346,500. The affordability rating is Stretched, with median gross rent equal to approximately 30.6% of renter household income.
What is the median rent in Anoka County?
The median gross rent in Anoka County is $1,464/mo. This is 56% above state average for Minnesota.
Is Anoka County affordable?
Anoka County is rated Stretched using the Census median gross-rent-as-a-percentage-of-income measure of 30.6%. Median gross rent is 30–50% of renter household income.
How does Anoka County's rent compare to the state average?
Anoka County's median rent of $1,464/mo is 56% above state average of $938/mo for Minnesota.
What is the median home value in Anoka County?
The median home value in Anoka County, Minnesota is $346,500. This is 4% above the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

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