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Greenfield, MN
Full City Profile · Minnesota · Hennepin County County
3.9
/5.0
B+
Good
2,897
Population
142/sq mi density
$147,184
Median Income
$60,407 per capita
$524,300
Home Value
$573,479 Zillow
$1,083
Median Rent
17.5% income on rent
45°F
Avg Temperature
258 sunny days/yr
36
Violent Crime/100K
1,136 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$147,184 median income, 0.2% unemployment
A+
Affordability
4.7 / 5.0
$524,300 home value, $1,083/mo rent
F
Safety
1.0 / 5.0
36 violent crimes/100K
A+
Education
5.0 / 5.0
49.8% bachelor's degree or higher
Housing Overview
Median Home Value
$524,300
86% above
US avg: $281,900
Median Rent
$1,083/mo
7% below
US avg: $1,163/mo
Homeownership Rate
97.9%
50% above US avg (65.4%)
Total Housing Units
1,006
Median year built: 1992
Home Value by Source
Census Median
$524,300
Zillow (ZHVI)
$573,479
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
97.9%
Owner-Occupied
2.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent:
$1,083/mo
Affordability & Housing Stock
Rent Burden
17.5%
of renters spending 30%+ of income on housing
44% below US avg (31.0%)
Median Year Built
1992
Average age of housing stock: 34 years
Homeownership Rate
97.9%
Complete Housing Data
Home Values
| Census Median Value | $524,300 |
| Zillow Home Value (ZHVI) | $573,479 |
Rent
| Census Median Rent | $1,083 |
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
Ownership & Stock
| Owner-Occupied | 97.9% |
| Renter-Occupied | 2.1% |
| Homeownership Rate | 97.9% |
| Total Housing Units | 1,006 |
| Median Year Built | 1992 |
| Rent Burden | 17.5% |