Minneapolis - MN vs Kansas City - MO: 2026 Housing Comparison

What this means for buyers

Minneapolis - MN is roughly 19% more expensive than Kansas City - MO in typical home value. Homes sit on market longer in Minneapolis - MN (26 days vs 11), suggesting more buyer leverage there.

Minneapolis vs Kansas City: what the numbers say

At today's 7.32% average 30-year rate with 20% down, the typical home would cost about $2,131 a month in principal and interest in Minneapolis and $1,785 in Kansas City, a gap of $346 a month.

Typical rent runs $1,736 in Minneapolis and $1,534 in Kansas City, so the mortgage payment alone is 1.2 times rent in Minneapolis and 1.2 times rent in Kansas City, before taxes and insurance.

Home prices are 18.6 years of rent in Minneapolis and 17.6 in Kansas City; the lower ratio in Kansas City means buying there is cheaper relative to renting.

Over the last 23 months typical values moved +3.5% in Minneapolis and +6.0% in Kansas City; over just the last three months the change was +0.4% in Minneapolis and +1.1% in Kansas City.

Homes sell for 100.3% of list price in Minneapolis and 100.1% in Kansas City, after 26 and 11 days on the market, with price cuts on 30% and 32% of listings. The signs are mixed: Minneapolis has longer time on the market, while Kansas City has more price cuts and sales further below list.

The number of homes for sale is up 19% on a year ago in Minneapolis and up 1% on a year ago in Kansas City.

Payments assume a 30-year fixed loan at the Freddie Mac weekly average rate (2026-10-22), 20% down, principal and interest only. Home values, rents and market figures are Zillow Research metro data.