WhereCanIAfford › Minneapolis, MN › On $75,000

Is Minneapolis, MN affordable on a $75,000 salary?

NO On $75,000/yr, the typical $387,807 home in Minneapolis, MN needs $121,415/yr ($2,833/mo). Your gap: $-46,415 — housing would be 45.3% of your gross income.

The math

387,807 price − 10% down (38,781) = 349,026 loan
30-yr fixed at 7.18% on 349,026 = 2,364/mo principal+interest
+ 469/mo est. taxes+insurance (1.45%/yr of value — national placeholder)
2,833/mo PITI ÷ 0.28 = 10,118/mo → 121,415/yr required

against Zillow ZHVI 2026-09 and the 7.18% FRED 30-yr rate (2026-11-05).

What salary WOULD clear Minneapolis, MN?

You need about $121,415/yr for the typical home. That's $46,415 more than $75,000.

On $50,000? On $100,000? On $125,000?

See the full Minneapolis, MN affordability breakdown → or every metro you can afford on $75,000 →