salaryRent is higher than in 88% of U.S. cities. A typical house costs about 4.1 years of household income. Most homes (76.4%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $104,200 a year. That is $50 an hour at a full-time job.
Is rent cheaper than other Washington cities?
No. Rent here is more expensive than in most of Washington. It is number 164 of 192 cities from cheapest to most expensive.
How much do households earn in Minnehaha?
Share of households by yearly income. 40.6% of households earn $100,000 or more.
Rent by apartment size in Minnehaha
| Size | Minnehaha | U.S. average |
|---|---|---|
| 1 bedroom | $1,276 | $1,324 |
| 2 bedrooms | $1,492 | $1,509 |
| 3 bedrooms | $2,061 | $1,698 |
| 4 bedrooms | $2,889 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Minnehaha overall?
Everyday prices in Washington overall are 7% above the U.S. average (index 107.0, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Minnehaha, so the Washington figure is shown.
Taxes and bills in Minnehaha
Life in Minnehaha
Is it cheaper to rent or buy in Minnehaha?
Renting is cheaper right now: about $503 a month less.
Owning assumes a typical $447,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $44,790 for the down payment.
Frequently asked questions
What is the average rent in Minnehaha, WA?
Renting in Minnehaha costs a median of about $2,605 a month in 2026, including utilities. The Washington median is $2,025.
How much do I need to make to live in Minnehaha?
To keep rent under 30% of income, you need about $104,200 a year, or $50 an hour at a full-time job.
Is Minnehaha cheap or expensive?
Minnehaha is rated OK: rent takes 28.8% of the typical household income of $108,570. It ranks 164th cheapest of 192 Washington cities we track.
How much are property taxes in Minnehaha?
The median homeowner in Minnehaha pays $3,647 a year in property taxes, about 0.81% of the median home value.
Is Minnehaha more expensive than the national average?
Overall prices in Washington are 7% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Minnehaha?
The median home value in Minnehaha is $447,900, about 4.1 times the typical yearly household income.
11,482 people live in Minnehaha. Numbers are typical (middle) values.