States › Minnesota › Chaska

Is Chaska, MN expensive to live in?

OKRent takes 22 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,14722% higher than U.S. average
💵 Families earn per year (2026)$119,666about $9,972/month · 37% higher than U.S. average
🔑 House price$404,70022% higher than U.S. average

Rent is higher than in 75% of U.S. cities. A typical house costs about 3.4 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $85,880 a year. That is $41 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 127 of 150 cities from cheapest to most expensive.

Chaska
$2,147
Oakdale
$1,849
Ramsey
$1,587
Prior Lake
$1,789
Rosemount
$1,991
Fridley
$1,259
Elk River
$1,419

How much do households earn in Chaska?

Under $25k
6.0%
$25k–50k
14.5%
$50k–100k
32.8%
$100k–150k
23.6%
$150k+
21.3%

Share of households by yearly income. 44.9% of households earn $100,000 or more.

Rent by apartment size in Chaska

SizeChaskaU.S. average
Studio$1,471$1,338
1 bedroom$1,345$1,324
2 bedrooms$1,805$1,509
3 bedrooms$2,012$1,698
4 bedrooms$1,839$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Chaska overall?

Everyday prices in Minnesota overall are 1% below the U.S. average (index 98.6, U.S. = 100).

Housing
91
Goods (food, clothes…)
101
Utilities
91
Other services
100
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Chaska, so the Minnesota figure is shown.

Taxes and bills in Chaska

🏛️ Property tax$4,194a year · 1.04% of home value · U.S. $3,119
⚡ Electric bill$146a month (typical) · U.S. $156

Life in Chaska

Commute to work23 minU.S.: 26.4 min
College degree46.6%U.S.: 35.7%
Own their home67.6%U.S.: 65.2%
Below poverty line5.8%U.S.: 12.5%
Unemployment3.2%U.S.: 5.2%

Is it cheaper to rent or buy in Chaska?

Renting is cheaper right now: about $661 a month less.

Renting
$2,147
Owning
$2,808

Owning assumes a typical $404,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $40,470 for the down payment.

Frequently asked questions

What is the average rent in Chaska, MN?

Renting in Chaska costs a median of about $2,147 a month in 2026, including utilities. The Minnesota median is $1,525.

How much do I need to make to live in Chaska?

To keep rent under 30% of income, you need about $85,880 a year, or $41 an hour at a full-time job.

Is Chaska cheap or expensive?

Chaska is rated OK: rent takes 21.5% of the typical household income of $119,666. It ranks 127th cheapest of 150 Minnesota cities we track.

How much are property taxes in Chaska?

The median homeowner in Chaska pays $4,194 a year in property taxes, about 1.04% of the median home value.

Is Chaska 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 Chaska?

The median home value in Chaska is $404,700, about 3.4 times the typical yearly household income.

28,706 people live in Chaska. Numbers are typical (middle) values.