Rent is lower than in 54% of U.S. cities. A typical house costs about 3.8 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $62,760 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 82 of 150 cities from cheapest to most expensive.
How much do households earn in New Brighton?
Share of households by yearly income. 33.1% of households earn $100,000 or more.
Rent by apartment size in New Brighton
| Size | New Brighton | U.S. average |
|---|---|---|
| Studio | $1,219 | $1,338 |
| 1 bedroom | $1,303 | $1,324 |
| 2 bedrooms | $1,585 | $1,509 |
| 3 bedrooms | $2,193 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is New Brighton 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 New Brighton, so the Minnesota figure is shown.
Taxes and bills in New Brighton
Life in New Brighton
Is it cheaper to rent or buy in New Brighton?
Renting is cheaper right now: about $962 a month less.
Owning assumes a typical $364,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $36,470 for the down payment.
Frequently asked questions
What is the average rent in New Brighton, MN?
Renting in New Brighton costs a median of about $1,569 a month in 2026, including utilities. The Minnesota median is $1,525.
How much do I need to make to live in New Brighton?
To keep rent under 30% of income, you need about $62,760 a year, or $30 an hour at a full-time job.
Is New Brighton cheap or expensive?
New Brighton is rated Cheap: rent takes 19.7% of the typical household income of $95,470. It ranks 82nd cheapest of 150 Minnesota cities we track.
How much are property taxes in New Brighton?
The median homeowner in New Brighton pays $4,235 a year in property taxes, about 1.16% of the median home value.
Is New Brighton 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 New Brighton?
The median home value in New Brighton is $364,700, about 3.8 times the typical yearly household income.
22,710 people live in New Brighton. Numbers are typical (middle) values.