Cook County, Minnesota Housing Market
In Cook County, Minnesota, the median home value is $336,200, with a median monthly rent of $886. This places Cook County at #469 nationally out of 3134 counties by median home value, and #10 within Minnesota.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $823
- Establishments: 294
- BLS QCEW, 2025
Housing Supply
- Single-family: 64
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 2,804 (avg $74,917)
- Outflow: 2,513 (avg $74,032)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Cook County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 55604 | 254.7 | -9.75% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Cook County Compares
| Metric | Cook County | Minnesota Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $336,200 | $238,335 | $227,706 |
| Median Gross Rent | $886 | $938 | $968 |
| Owner Occupancy Rate | 77.7% | 77.9% | 73.3% |
| Price/Rent Ratio | 31.6 | 21.1 | 18.7 |
Market Analysis
The median home value in Cook County is 41.1% above the Minnesota state average and 47.6% above the U.S. national average. The median rent of $886/month is 5.5% below the state average.
With a price-to-rent ratio of 31.6, Cook County is a strongly rent-favored market. Home prices are high relative to rents, meaning renting is typically far cheaper than owning in the near term.
Cook County has an owner-occupancy rate of 77.7%, compared to 77.9% in Minnesota and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Northwest Hills Planning Region | Connecticut | $335,600 | $1,193 |
| Camden County | North Carolina | $337,100 | $1,232 |
| Robertson County | Tennessee | $335,000 | $1,199 |
| Trousdale County | Tennessee | $337,600 | $853 |
| Pacific County | Washington | $334,800 | $1,005 |
Other Counties in Minnesota
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Olmsted County | $331,700 | $1,370 | 70.6% |
| Ramsey County | $326,600 | $1,329 | 60.6% |
| Anoka County | $346,500 | $1,464 | 80.2% |
| Douglas County | $321,400 | $927 | 76.5% |
| Chisago County | $351,900 | $1,186 | 85.9% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).