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Ramsey County Housing Market

Minnesota · 87 counties · Ranked #2667 in home value

Above National Avg

Housing at a Glance

Median Home Value

$304,900

vs national+$304,900 vs $281,900 national

Median Gross Rent

$1,298/mo

vs national+$1,298 vs $1,163 national

Effective Tax Rate

1.24%

vs national+1.24% vs 1.02% national

Median Household Income

$81,004

vs national+$81,004 vs $74,755 national

Affordability Ratio

3.8x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

30.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$3,767

Tax as % of Home Value

1.24%

Monthly Owner Cost

$1,536

Renter Income

$50,500

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Frequently Asked Questions

What is the median home value in Ramsey County?

The median home value in Ramsey County is $304,900. This is above the national median of $281,900.

How much is rent in Ramsey County?

The median gross rent in Ramsey County is $1,298 per month.

What is the property tax rate in Ramsey County?

The effective property tax rate in Ramsey County is 1.24%. The median annual property tax bill is $3,767.

Is Ramsey County affordable?

With a home-value-to-income ratio of 3.8x, Ramsey County is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.