States › Minnesota › Fridley

Is Fridley, MN expensive to live in?

CheapRent takes 18 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,25928% lower than U.S. average
💵 Families earn per year (2026)$83,778about $6,982/month · 4% lower than U.S. average
🔑 House price$302,9009% lower than U.S. average

Rent is lower than in 72% of U.S. cities. A typical house costs about 3.6 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $50,360 a year. That is $24 an hour at a full-time job.

Is rent cheaper than other Minnesota cities?

Yes. Rent here is cheaper than in most of Minnesota. It is number 37 of 150 cities from cheapest to most expensive.

Fridley
$1,259
Chaska
$2,147
Oakdale
$1,849
Ramsey
$1,587
Brooklyn Center
$1,511
Prior Lake
$1,789
Savage
$2,041

How much do households earn in Fridley?

Under $25k
10.6%
$25k–50k
21.9%
$50k–100k
41.6%
$100k–150k
14.8%
$150k+
8.6%

Share of households by yearly income. 23.4% of households earn $100,000 or more.

Rent by apartment size in Fridley

SizeFridleyU.S. average
Studio$1,280$1,338
1 bedroom$1,260$1,324
2 bedrooms$1,556$1,509
3 bedrooms$1,860$1,698
4 bedrooms$1,928$2,098

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

How expensive is Fridley 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 Fridley, so the Minnesota figure is shown.

Taxes and bills in Fridley

🏛️ Property tax$3,320a year · 1.10% of home value · U.S. $3,119
⚡ Electric bill$101a month (typical) · U.S. $156

Life in Fridley

Commute to work22.6 minU.S.: 26.4 min
College degree30%U.S.: 35.7%
Own their home63%U.S.: 65.2%
Below poverty line11.9%U.S.: 12.5%
Unemployment6.5%U.S.: 5.2%

Is it cheaper to rent or buy in Fridley?

Renting is cheaper right now: about $843 a month less.

Renting
$1,259
Owning
$2,102

Owning assumes a typical $302,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $30,290 for the down payment.

Frequently asked questions

What is the average rent in Fridley, MN?

Renting in Fridley costs a median of about $1,259 a month in 2026, including utilities. The Minnesota median is $1,525.

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

To keep rent under 30% of income, you need about $50,360 a year, or $24 an hour at a full-time job.

Is Fridley cheap or expensive?

Fridley is rated Cheap: rent takes 18.0% of the typical household income of $83,778. It ranks 37th cheapest of 150 Minnesota cities we track.

How much are property taxes in Fridley?

The median homeowner in Fridley pays $3,320 a year in property taxes, about 1.10% of the median home value.

Is Fridley 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 Fridley?

The median home value in Fridley is $302,900, about 3.6 times the typical yearly household income.

30,241 people live in Fridley. Numbers are typical (middle) values.