salaryRent is higher than in 56% of U.S. cities. A typical house costs about 3.3 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $70,720 a year. That is $34 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 96 of 150 cities from cheapest to most expensive.
How much do households earn in Mounds View?
Share of households by yearly income. 33.6% of households earn $100,000 or more.
Rent by apartment size in Mounds View
| Size | Mounds View | U.S. average |
|---|---|---|
| Studio | $1,260 | $1,338 |
| 1 bedroom | $1,266 | $1,324 |
| 2 bedrooms | $1,465 | $1,509 |
| 3 bedrooms | $2,212 | $1,698 |
| 4 bedrooms | $1,597 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Mounds View overall?
Everyday prices in Minnesota overall are 1% below the U.S. average (index 98.6, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Mounds View, so the Minnesota figure is shown.
Taxes and bills in Mounds View
Life in Mounds View
Is it cheaper to rent or buy in Mounds View?
Renting is cheaper right now: about $481 a month less.
Owning assumes a typical $324,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $32,420 for the down payment.
Frequently asked questions
What is the average rent in Mounds View, MN?
Renting in Mounds View costs a median of about $1,768 a month in 2026, including utilities. The Minnesota median is $1,525.
How much do I need to make to live in Mounds View?
To keep rent under 30% of income, you need about $70,720 a year, or $34 an hour at a full-time job.
Is Mounds View cheap or expensive?
Mounds View is rated OK: rent takes 21.9% of the typical household income of $97,075. It ranks 96th cheapest of 150 Minnesota cities we track.
How much are property taxes in Mounds View?
The median homeowner in Mounds View pays $3,615 a year in property taxes, about 1.12% of the median home value.
Is Mounds View 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 Mounds View?
The median home value in Mounds View is $324,200, about 3.3 times the typical yearly household income.
12,926 people live in Mounds View. Numbers are typical (middle) values.