States › Minnesota › Coon Rapids

Is Coon Rapids, MN expensive to live in?

CheapRent takes 19 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,54112% lower than U.S. average
💵 Families earn per year (2026)$95,179about $7,932/month · 9% higher than U.S. average
🔑 House price$305,8008% lower than U.S. average

Rent is lower than in 55% of U.S. cities. A typical house costs about 3.2 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $61,640 a year. That is $30 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 78 of 150 cities from cheapest to most expensive.

Coon Rapids
$1,541
Eden Prairie
$2,061
Burnsville
$1,616
Eagan
$1,803
St. Cloud
$1,094
Maple Grove
$2,176
Apple Valley
$2,199

How much do households earn in Coon Rapids?

Under $25k
8.7%
$25k–50k
22.0%
$50k–100k
38.5%
$100k–150k
19.7%
$150k+
9.6%

Share of households by yearly income. 29.3% of households earn $100,000 or more.

Rent by apartment size in Coon Rapids

SizeCoon RapidsU.S. average
Studio$1,587$1,338
1 bedroom$1,416$1,324
2 bedrooms$1,717$1,509
3 bedrooms$2,026$1,698
4 bedrooms$2,450$2,098

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

How expensive is Coon Rapids 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 Coon Rapids, so the Minnesota figure is shown.

Taxes and bills in Coon Rapids

🏛️ Property tax$2,773a year · 0.91% of home value · U.S. $3,119
⚡ Electric bill$108a month (typical) · U.S. $156

Life in Coon Rapids

Commute to work23.2 minU.S.: 26.4 min
College degree25.7%U.S.: 35.7%
Own their home74.8%U.S.: 65.2%
Below poverty line8.2%U.S.: 12.5%
Unemployment4.5%U.S.: 5.2%

Is it cheaper to rent or buy in Coon Rapids?

Renting is cheaper right now: about $581 a month less.

Renting
$1,541
Owning
$2,122

Owning assumes a typical $305,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $30,580 for the down payment.

Frequently asked questions

What is the average rent in Coon Rapids, MN?

Renting in Coon Rapids costs a median of about $1,541 a month in 2026, including utilities. The Minnesota median is $1,525.

How much do I need to make to live in Coon Rapids?

To keep rent under 30% of income, you need about $61,640 a year, or $30 an hour at a full-time job.

Is Coon Rapids cheap or expensive?

Coon Rapids is rated Cheap: rent takes 19.4% of the typical household income of $95,179. It ranks 78th cheapest of 150 Minnesota cities we track.

How much are property taxes in Coon Rapids?

The median homeowner in Coon Rapids pays $2,773 a year in property taxes, about 0.91% of the median home value.

Is Coon Rapids 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 Coon Rapids?

The median home value in Coon Rapids is $305,800, about 3.2 times the typical yearly household income.

63,468 people live in Coon Rapids. Numbers are typical (middle) values.