Brooklyn Center, Minnesota Housing Market Prices
Brooklyn Center Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 88% below the Minnesota median$28,928
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Median rent 7% above the Minnesota median$1,375
Housing Market Overview
| Metric | Brooklyn Center | Minnesota Avg | US Average |
|---|---|---|---|
| Median Home Price | $28,928 | $236,718 | $248,835 |
| Price Trend (Annual %) | -3.1% | 6.6% | 7.5% |
| Median Gross Rent | $1,375 | $1,280 | $1,407 |
| Rent Trend (Annual %) | 5.0% | 4.9% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Brooklyn Center is about 88% lower than in Minnesota. Rent is about 7% higher than the Minnesota average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Brooklyn Center: home prices fell about 3.1% a year while rent rose about 5.0% a year. That is an unusual pattern worth watching.
Median rent in Brooklyn Center rose about 51.4% between 2015 and 2024, from $908 to $1,375. Over the same span, rent in Minnesota rose about 51.1%.
Affordability
On average, housing unit costs 0.4 yearly household incomes in Brooklyn Center.
Buying the median-priced home in Brooklyn Center costs roughly 1.8 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Brooklyn Center. The price-to-rent ratio in Minnesota is about 15.4.
| Metric | Brooklyn Center | Minnesota Avg | US Average |
|---|---|---|---|
| Median Home Price | $28,928 | $236,718 | $248,835 |
| Median Household Income | $72,475 | $89,852 | $80,455 |
| Price-to-Income Ratio | 0.4 | 2.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Brooklyn Center fell about 74.8%, while median household income rose about 37.2% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Brooklyn Center | Minnesota Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 61.3% | 65.5% | 58.5% |
| Rental Rate | 35.2% | 25.2% | 31.2% |
| Vacancy Rate | 3.5% | 9.3% | 10.2% |
| Median Tenure (years) | 13.0 | 15.0 | 15.0 |
| Median Year Moved In | 2013 | 2011 | 2011 |
Brooklyn Center has a homeownership rate of 61.3%, lower than the Minnesota average of 65.5%. Its housing vacancy rate is 3.5%, compared with 9.3% in Minnesota.
Housing Stock
| Metric | Brooklyn Center | Minnesota Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.87 people | 2.43 people | 2.53 people |
| Median Structure Built Year | 1962 | 1976 | 1978 |
| Median Number of Rooms | 5.6 | 6.1 | 5.5 |
The typical housing unit in Brooklyn Center was built around 1962. On average, 2.9 people live in a home with about 5.6 rooms, staying for about 13.0 years on average.
Brooklyn Center, MN Housing Compared With Nearby Cities
How Brooklyn Center, MN compares with the 2 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Brooklyn Center, MN | 32,490 | $28,928 #3/3 | $1,375 #1/3 | 63.6% #2/3 |
| Brooklyn Park, MN | 83,850 | $409,337 | $1,325 | 70.3% |
| Fridley, MN | 30,321 | $338,304 | $1,326 | 63.0% |
Frequently Asked Questions
Common questions about the housing market in Brooklyn Center, Minnesota.
What is the median home price in Brooklyn Center, Minnesota?
The median home price in Brooklyn Center, Minnesota is $28,928, lower than the Minnesota average of $236,718.
What is the average home price in Brooklyn Center, Minnesota?
The typical home price in Brooklyn Center, Minnesota, reported as the median sale price, is $28,928. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Brooklyn Center, Minnesota?
The median gross rent in Brooklyn Center, Minnesota is $1,375 per month, higher than the Minnesota average of $1,280.
What was the median gross rent in Brooklyn Center in 2020?
In 2020, the median gross rent in Brooklyn Center, Minnesota was $1,120 per month.
What is the price-to-rent ratio in Brooklyn Center, Minnesota?
The price-to-rent ratio in Brooklyn Center, Minnesota is about 1.8, meaning it would take roughly 1.8 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Brooklyn Center.
Are home prices or rent rising faster in Brooklyn Center, Minnesota?
Home prices and rent are moving in opposite directions in Brooklyn Center: home prices fell about 3.1% a year while rent rose about 5.0% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Brooklyn Center, Minnesota?
61.3% of households in Brooklyn Center, Minnesota own their home, lower than the Minnesota average of 65.5%.
What is the vacancy rate in Brooklyn Center, Minnesota?
The housing vacancy rate in Brooklyn Center, Minnesota is 3.5%, lower than the Minnesota average of 9.3%.
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