Home / Select Cities  /  2024 Comparing Monterey, CA vs. Minneapolis, MN

2024 Compare Cities Housing:
Monterey, CA vs Minneapolis, MN

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Highlights
- The median age of a home in Monterey is 41.2% younger than the median age of a home in Minneapolis.

Housing
 Monterey, CAMinneapolis, MNUnited States
 Median Home Age517242
 Median Home Cost$1,022,100$294,200$338,100
 Home Appr. Last 12 months14.7%7.1%16.6%
 Home Appr. Last 5 yrs.55.6%40.7%57.0%
 Home Appr. Last 10 yrs.157.7%89.0%101.1%
 Property Tax Rate$6.4$12.8$11.0
 Homes Owned32.1%45.1%57.4%
 Housing Vacant8.8%6.2%11.2%
 Homes Rented59.1%48.7%31.4%
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 Avg Rent For Home Or Apartment
 Monterey, CAMinneapolis, MNUnited States
 Average Rent$4,960$1,920$1,840
 Studio Apartment$2,800$1,030$1,080
 1 Bedroom Home or Apartment$2,910$1,170$1,180
 2 Bedroom Home or Apartment$3,550$1,440$1,430
 3 Bedroom Home or Apartment$5,030$1,950$1,860
 4 Bedroom Home or Apartment$5,500$2,250$2,160
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 Vacant Housing
 Monterey, CAMinneapolis, MNUnited States
 Vacant For Rent1.9%2.4%1.9%
 Vacant Rented0.6%0.7%0.4%
 Vacant For Sale0.0%0.4%0.7%
 Vacant Sold0.0%0.3%0.4%
 Vacant Vacation5.3%0.5%3.6%
 Vacant Other0.9%1.8%4.1%
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 Owner-Occupied Housing Value
 Monterey, CAMinneapolis, MNUnited States
 Less Than $20,0001.0%1.1%2.6%
 $20,000 to $39,9990.4%0.4%2.4%
 $40,000 to $59,9990.0%0.4%2.8%
 $60,000 to $79,9990.2%0.8%3.9%
 $80,000 to $99,9990.0%1.4%4.5%
 $100,000 to $149,9990.5%6.9%11.3%
 $150,000 to $199,9990.0%12.6%13.0%
 $200,000 to $299,9991.9%31.1%20.1%
 $300,000 to $399,9992.5%20.3%13.6%
 $400,000 to $499,9995.1%9.7%8.3%
 $500,000 to $749,99927.0%9.3%9.7%
 $750,000 to $999,99933.8%3.3%3.9%
 $1,000,000 to $1,499,99917.7%1.9%2.2%
 $1,500,000 to $1,999,9996.2%0.2%0.8%
 $2,000,000 and over3.8%0.4%1.1%
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 Housing Units By Year Built
 Monterey, CAMinneapolis, MNUnited States
 2015 and Newer0.0%0.0%0.2%
 2010 to 20143.9%6.3%13.6%
 2000 to 20093.9%6.3%13.6%
 1990 to 19997.2%4.0%13.6%
 1980 to 198913.5%6.8%13.2%
 1970 to 197921.2%8.2%14.8%
 1960 to 19697.2%4.0%13.6%
 1950 to 195919.1%9.0%10.0%
 1940 to 19495.9%6.9%4.7%
 1939 or Earlier12.2%43.9%12.2%

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Reviews for Monterey    21 Reviews

Over 7 years ago

The Monterey city area is an excellent place to live and one of the few California locales where it's relatively safe to raise a family. If I could no longer live here I  More

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I grew up on the Monterey Peninsula and had to leave to climb out of poverty. The median income is $35,000 and outside of the military, the jobs are mostly service  More

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My husband and I are just crazy about Monterey. I wonder if we take housing expenses (mortgage or rent) out of the picture, is Monterey still a very expensive city to  More

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Reviews for Minneapolis    163 Reviews

Lived here since 2007. Great city. I would’ve gave it 5 stars but the winter weather ??. Great for many, I’m burned out on it. We’re the coldest major city in the US and  More

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It’s not Minnesota nice, it’s sardonic.. we know you’re full of **** but we will play along for a while, make you uncomfortable for attempting to pull one over on us..  More

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Over 3 years ago

I lived in Minneapolis (or St. Paul or Stillwater) for 20 years. Minneapolis is a very livable city. It has quality museums, good transportation, excellent healthcare,  More

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ZIPS IN MONTEREY, CALIFORNIA
93940 93943
ZIPS IN MINNEAPOLIS, MINNESOTA
55407, 55406, 55414, 55408, 55411, 55418, 55404, 55419, 55417, 55412, 21 total

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