States › Minnesota › Eden Prairie

Is Eden Prairie, MN expensive to live in?

CheapRent takes 18 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,06118% higher than U.S. average
💵 Families earn per year (2026)$140,732about $11,728/month · 62% higher than U.S. average
🔑 House price$473,90042% higher than U.S. average

Rent is higher than in 72% of U.S. cities. Household incomes are higher than in 87% of U.S. cities. A typical house costs about 3.4 years of household income. Most homes (76.1%) are owned, so rentals can be hard to find. It is a highly educated city: 64.9% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $82,440 a year. That is $40 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 125 of 150 cities from cheapest to most expensive.

Eden Prairie
$2,061
$1,803
$1,094

How much do households earn in Eden Prairie?

Under $25k
4.8%
$25k–50k
12.5%
$50k–100k
28.8%
$100k–150k
21.9%
$150k+
30.3%

Share of households by yearly income. 52.2% of households earn $100,000 or more.

Rent by apartment size in Eden Prairie

SizeEden PrairieU.S. average
Studio$1,966$1,338
1 bedroom$1,761$1,324
2 bedrooms$2,016$1,509
3 bedrooms$2,447$1,698
4 bedrooms$3,205$2,098

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

How expensive is Eden Prairie overall?

Everyday prices in the Minneapolis-St. Paul-Bloomington metro area are 5% above the U.S. average (index 104.8, U.S. = 100).

Housing
112
Goods (food, clothes…)
103
Utilities
93
Other services
104
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.

Taxes and bills in Eden Prairie

🏛️ Property tax$5,158a year · 1.09% of home value · U.S. $3,119
⚡ Electric bill$120a month (typical) · U.S. $156

Life in Eden Prairie

Commute to work21.4 minU.S.: 26.4 min
College degree64.9%U.S.: 35.7%
Own their home76.1%U.S.: 65.2%
Below poverty line4.6%U.S.: 12.5%
Unemployment3.6%U.S.: 5.2%

What jobs pay in Eden Prairie

JobMedian payRent / pay
Pharmacist$160,99015.4%
Lawyer$159,62015.5%
Physician Assistant$145,03017.1%
Nurse Practitioner$133,37018.5%
Software Developer$130,92018.9%
Dental Hygienist$112,63022.0%
Computer Systems Analyst$112,09022.1%
Civil Engineer$104,74023.6%
Operations Manager$103,57023.9%
Registered Nurse$103,04024.0%
Plumber$101,63024.3%
Market Research Analyst$97,91025.3%
Police Officer$97,19025.4%
Accountant$86,50028.6%
Electrician$81,89030.2%
Elementary School Teacher$79,73031.0%
HVAC Technician$77,49031.9%
Carpenter$74,06033.4%
Licensed Practical Nurse$65,66037.7%
Truck Driver$64,20038.5%
Medical Assistant$52,57047.0%
Customer Service Representative$49,48050.0%
Nursing Assistant$48,02051.5%
Warehouse Worker$47,32052.3%
Restaurant Cook$39,64062.4%
Firefighter$39,35062.9%
Retail Salesperson$36,67067.4%
Cashier$35,76069.2%
Server (Waiter/Waitress)$25,92095.4%

Is it cheaper to rent or buy in Eden Prairie?

Renting is cheaper right now: about $1,227 a month less.

Renting
$2,061
Owning
$3,288

Owning assumes a typical $473,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $47,390 for the down payment.

Frequently asked questions

What is the average rent in Eden Prairie, MN?

Renting in Eden Prairie costs a median of about $2,061 a month in 2026, including utilities. The Minnesota median is $1,525.

How much do I need to make to live in Eden Prairie?

To keep rent under 30% of income, you need about $82,440 a year, or $40 an hour at a full-time job.

Is Eden Prairie cheap or expensive?

Eden Prairie is rated Cheap: rent takes 17.6% of the typical household income of $140,732. It ranks 125th cheapest of 150 Minnesota cities we track.

How much are property taxes in Eden Prairie?

The median homeowner in Eden Prairie pays $5,158 a year in property taxes, about 1.09% of the median home value.

Is Eden Prairie more expensive than the national average?

Overall prices in the metro area are 5% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Eden Prairie?

The median home value in Eden Prairie is $473,900, about 3.4 times the typical yearly household income.

63,051 people live in Eden Prairie. Numbers are typical (middle) values.