salaryRent is higher than in 58% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (88.1%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $72,360 a year. That is $35 an hour at a full-time job.
Is rent cheaper than other Minnesota cities?
No. Rent here is more expensive than in most of Minnesota. It is number 106 of 150 cities from cheapest to most expensive.
How much do households earn in Champlin?
Share of households by yearly income. 44.9% of households earn $100,000 or more.
Rent by apartment size in Champlin
| Size | Champlin | U.S. average |
|---|---|---|
| 1 bedroom | $1,440 | $1,324 |
| 2 bedrooms | $1,940 | $1,509 |
| 3 bedrooms | $2,118 | $1,698 |
| 4 bedrooms | $2,412 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Champlin overall?
Everyday prices in Minnesota overall are 1% below the U.S. average (index 98.6, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Champlin, so the Minnesota figure is shown.
Taxes and bills in Champlin
Life in Champlin
Is it cheaper to rent or buy in Champlin?
Renting is cheaper right now: about $680 a month less.
Owning assumes a typical $358,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $35,870 for the down payment.
Frequently asked questions
What is the average rent in Champlin, MN?
Renting in Champlin costs a median of about $1,809 a month in 2026, including utilities. The Minnesota median is $1,525.
How much do I need to make to live in Champlin?
To keep rent under 30% of income, you need about $72,360 a year, or $35 an hour at a full-time job.
Is Champlin cheap or expensive?
Champlin is rated Cheap: rent takes 17.3% of the typical household income of $125,216. It ranks 106th cheapest of 150 Minnesota cities we track.
How much are property taxes in Champlin?
The median homeowner in Champlin pays $3,739 a year in property taxes, about 1.04% of the median home value.
Is Champlin more expensive than the national average?
Overall prices in Minnesota are 1% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Champlin?
The median home value in Champlin is $358,700, about 2.9 times the typical yearly household income.
23,294 people live in Champlin. Numbers are typical (middle) values.