The 2000 Census indicates that Minnesota has a total of 1,895,127 occupied homes. 1,117,489 of these homes are occupied by the owner. 2,102 have a property value of $1,000,000 or more, or 0.2 percent. 10,898 homes are valued at $500,000 to $999,999, or 1.0 percent 44,497 are priced from $300,000 to $499,999, or 4.0 percent. 115,472 have a real estate value of $200,000 to $299,999, or 10.3 percent. The are 185,489 residences in the $150,000 to $199,000 price range, or 16.6 percent. 366,474 home owners in Minnesota have homes valued from $100,000 to $149,999 (32.8 percent). The number of homes in the $50,000 to $99,999 price range is 306,642, or 27.4 percent. There are 85,915 properties priced at less than $50,000, or 7.7 percent.
In Minnesota, 829,081 or 74.2 percent of home owners have a mortgage. The median monthly mortgage payment is $1,044. 288,408, or 25.8 percent of home owners have no mortgage.
Minnesota has a total of 471,466 occupied rental units. The median rent per month is $566.
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