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City Report · MN

Anoka

Pop. 17,970·52nd most expensive in Minnesota·Rental market data updated monthly for Anoka, MN
Median rent (all units)
$1,439/mo
Year-over-Year
+4.7%
Month-over-Month
+0.1%
vs US Median
-$526
Stable (Monthly)
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Most AffordableMost Expensive
Anoka · $1,439
More affordable than 79% of US cities · National median $1,965/mo
Affordability
23% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,439/mo, rent takes about 23% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$58,000/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
Research median
$1,401/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$17,268/yr
At $1,439/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (4.7% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+4.7% YoY, +0.1% MoM), not inventory.
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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 $1,439/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: July 20, 2026

The median rent in Anoka is $1,439/mo as of July 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 23% of local median household income ($75,948/yr), Anoka ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.7% over the past year.

FAQ

Frequently asked questions

Is Anoka an affordable city for renters?

Anoka is considered very affordable for renters. At $1,439/mo, rent takes approximately 23% of the local median household income ($75,948/yr). The standard benchmark is 30%. Anoka falls comfortably within that range.

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 $58,000/year (~$28/hour full-time) to afford the median rent of $1,439/mo in Anoka. The local median household income is $75,948/yr, meaning the typical Anoka household meets that threshold.

Is rent going up or down in Anoka?

Rent in Anoka has increased 4.7% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Anoka rent compare to other cities in Minnesota?

Anoka is one of the more affordable cities in Minnesota for rent, ranking #52 out of 67 tracked cities at $1,439/mo.

What percentage of Anoka residents rent vs. own?

According to Census data, approximately 43.1% of Anoka households are renters, while 56.9% are owner-occupied. Anoka leans toward homeownership, which can mean a smaller rental inventory.

How does Anoka rent compare to the national average?

Anoka's median rent of $1,439/mo is $526 (27%) below the US national median of $1,965/mo. Within Minnesota, it ranks #52 out of 67 tracked cities.
Income Affordability
23%
VERY AFFORDABLE

At $1,439/mo, rent takes ~23% of Anoka's median household income ($75,948/yr). The standard benchmark is 30%.

Anoka 23%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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