City Report · MN

Anoka

Pop. 17,970·51st most expensive in Minnesota·One of the most affordable rental markets in the US
Median rent (all units)
$1,422/mo
Year-over-Year
Stable
Month-over-Month
-0.1%
vs US Median
-$510
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Anoka · $1,422
More affordable than 81% of US cities · National median $1,932/mo
Affordability
22% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,422/mo, rent takes about 22% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$57,000/yr
Local median income
$75,948/yr
Based on the 30%-of-income rule using Anoka's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,050
1 BR
$975
2 BR
$1,401
3 BR
$1,666
Fair Market Rent (HUD)
$1,401/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,422 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Recent direction

Rent has fallen 2 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($75,948) is $1,899 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,666).

From Zillow's monthly rent index (ZORI) for Anoka. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$17,064/yr
At $1,422/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.0% YoY, -0.1% MoM), not inventory.
Rent check

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Demographics

Who lives here

Anoka, MN is majority owner-occupied, 26.6% of residents hold a bachelor's degree or higher.

Population
17,970
Median income
$75,948
Median age
40.6
Renters
43.1%
Age distribution
21%
19.9%
25.7%
14.5%
18.9%
Under 1821%
18–3419.9%
35–5425.7%
55–6414.5%
65+18.9%
Gender
49.7%
50.3%
Male49.7%
Female50.3%
Race & ethnicity
76.3%
White76.3%
Black7.9%
Hispanic7.9%
Asian3.8%
Other4.1%
Education (25+)
29.9%
36.9%
26.6%
No HS diploma6.5%
HS diploma29.9%
Some college36.9%
Bachelor's+26.6%
Housing tenure
56.9%
43.1%
Owner56.9%
Renter43.1%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Anoka, MN has changed in 5 years

Income
$66,160 → $75,948
up 14.8%
Population
17,749 → 17,970
up 1.2%
Renter share
43.9% → 43.1%
-0.8 pts
Bachelor's+
28.2% → 26.6%
-1.6 pts
Median age
37.5 → 40.6
+3.1 yrs

Census figures show median household income at $75,948 today, compared with $66,160 five years earlier. The population has grown by 1.2% since 2021, moving from about 17,749 residents to roughly 17,970.

Community

Discussions about Anoka

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View Anoka rent history (2015–2026) →
Salary vs rent

Can you afford rent in Anoka on your salary?

At $1,422/mo, how Anoka rent compares to typical pay (30% rule).

By apartment size

Anoka rent by bedroom count

Median rent for each apartment size in Anoka. Click any size for full breakdown.

Local insights

Tips for renters in Anoka

About renting in Anoka, MN

Last updated: October 17, 2026

The median rent in Anoka is $1,422/mo as of October 2026. A studio apartment averages $1,050/mo while a 2-bedroom runs $1,401/mo. One-bedroom apartments average $975/mo and 3-bedroom units go for $1,666/mo.

At 22% of local median household income ($75,948/yr), Anoka ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Anoka?

To keep rent at or below 30% of gross income, you would need to earn at least $57,000/year (about $27/hour full-time) to afford the median rent of $1,422/mo in Anoka. The local median household income is $75,948/yr, so the typical household meets that bar.

Is rent going up or down in Anoka?

Rent in Anoka has been roughly flat over the past year, a 0.0% change.

How does Anoka rent compare to other cities in Minnesota?

Anoka is one of the more affordable among Minnesota cities for rent, ranking #51 of 68 tracked cities at $1,422/mo.
Income Affordability
22%
VERY AFFORDABLE

At $1,422/mo, rent takes ~22% of Anoka's median household income ($75,948/yr). The standard benchmark is 30%.

Anoka 22%Benchmark 30%
State income tax5.35–9.85%
Run the Anoka affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Anoka, MN

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