Washington County, Minnesota Housing Market Prices
Washington County 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 12% below the Minnesota median$209,293
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Median rent 34% above the Minnesota median Most expensive county in Minnesota$1,710
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Washington County | Minnesota Avg | US Average |
|---|---|---|---|
| Median Home Price | $209,293 | $236,718 | $248,835 |
| Price Trend (Annual %) | 0.1% | 6.6% | 7.5% |
| Median Gross Rent | $1,710 | $1,280 | $1,407 |
| Rent Trend (Annual %) | 4.7% | 4.9% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Washington County is about 12% lower than in Minnesota. Rent is about 34% higher than the Minnesota average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Washington County, up about 0.1% and 4.7% a year respectively. Rent is changing faster.
Median rent in Washington County rose about 49.6% between 2015 and 2024, from $1,143 to $1,710. Over the same span, rent in Minnesota rose about 51.1%.
Affordability
On average, housing unit costs 1.8 yearly household incomes in Washington County.
Buying the median-priced home in Washington County costs roughly 10.2 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 Washington County. The price-to-rent ratio in Minnesota is about 15.4.
| Metric | Washington County | Minnesota Avg | US Average |
|---|---|---|---|
| Median Home Price | $209,293 | $236,718 | $248,835 |
| Median Household Income | $115,522 | $89,852 | $80,455 |
| Price-to-Income Ratio | 1.8 | 2.6 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Washington County rose about 26.1%, while median household income rose about 42.6% 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 | Washington County | Minnesota Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 78.5% | 65.5% | 58.5% |
| Rental Rate | 18.1% | 25.2% | 31.2% |
| Vacancy Rate | 3.4% | 9.3% | 10.2% |
| Median Tenure (years) | 16.0 | 15.0 | 15.0 |
| Median Year Moved In | 2010 | 2011 | 2011 |
Washington County has a homeownership rate of 78.5%, higher than the Minnesota average of 65.5%. Its housing vacancy rate is 3.4%, compared with 9.3% in Minnesota.
Housing Stock
| Metric | Washington County | Minnesota Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.58 people | 2.43 people | 2.53 people |
| Median Structure Built Year | 1982 | 1976 | 1978 |
| Median Number of Rooms | 6.9 | 6.1 | 5.5 |
The typical housing unit in Washington County was built around 1982. On average, 2.6 people live in a home with about 6.9 rooms, staying for about 16.0 years on average.
Washington County, MN Housing Compared With Nearby Counties
Washington County, MN is the 4th largest of the 6 counties compared here, 276,224 residents against a local median of 370,272. The measure that sets Washington County, MN apart most is median home price: $209,293, 35% below the local median of $320,984.
Median rent tells the same story from another angle: $1,710 against a local median of $1,329, 29% above it. The counties themselves spread $177,847 on median home price, so Washington County, MN sits at one end of an already wide local range rather than apart from it. Washington County, MN has the 6th highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Washington County, MN | 276,224 | $209,293 #6/6 | $1,710 #1/6 | 81.3% #2/6 |
| Ramsey County, MN | 542,690 | $320,984 | $1,329 | 60.6% |
| Dakota County, MN | 445,396 | $412,524 | $1,548 | 74.9% |
| St. Croix County, WI | 96,041 | $234,911 | $1,271 | 78.3% |
| Anoka County, MN | 370,272 | $324,200 | $1,463 | 80.2% |
| Chisago County, MN | 57,989 | $234,677 | $1,185 | 85.9% |
Frequently Asked Questions
Common questions about the housing market in Washington County, Minnesota.
What is the median home price in Washington County, Minnesota?
The median home price in Washington County, Minnesota is $209,293, lower than the Minnesota average of $236,718.
What is the average home price in Washington County, Minnesota?
The typical home price in Washington County, Minnesota, reported as the median sale price, is $209,293. 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 Washington County, Minnesota?
The median gross rent in Washington County, Minnesota is $1,710 per month, higher than the Minnesota average of $1,280.
What was the median gross rent in Washington County in 2020?
In 2020, the median gross rent in Washington County, Minnesota was $1,329 per month.
What is the price-to-rent ratio in Washington County, Minnesota?
The price-to-rent ratio in Washington County, Minnesota is about 10.2, meaning it would take roughly 10.2 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 Washington County.
Are home prices or rent rising faster in Washington County, Minnesota?
Both home prices and rent are rising in Washington County, up about 0.1% and 4.7% a year respectively. Rent is changing faster.
What is the homeownership rate in Washington County, Minnesota?
78.5% of households in Washington County, Minnesota own their home, higher than the Minnesota average of 65.5%.
What is the vacancy rate in Washington County, Minnesota?
The housing vacancy rate in Washington County, Minnesota is 3.4%, lower than the Minnesota average of 9.3%.
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