Buying a Home in the Minneapolis-St. Paul Area: the Cities, the Suburbs Where New Homes Are Going Up, and the Seven-County Line
On Saturday mornings the Mill City Farmers Market sets up beside the ruins of the Washburn A Mill, which was once the largest flour mill in the world. The museum built inside those ruins is the Mill City Museum, and when the cold months come the market moves indoors on the first and third Saturdays (Mill City Farmers Market). A few miles downstream the Mississippi drops into the only true gorge on its entire length, with the Winchell Trail and the river parkways running along both bluffs (Minneapolis Park and Recreation Board). People here call the two cities on either side of that river "the Cities," and there is no other place in Minnesota the phrase could mean.
I'm Jeff Moran, NMLS #483943, a mortgage broker licensed to originate in Minnesota through C2 Financial Corporation, and I have been in the mortgage business since 1996. I work out of Bluffton, South Carolina, and I wrote this page for anyone thinking about buying a home somewhere in the Twin Cities. The Twin Cities area is Minneapolis, St. Paul and their suburbs across thirteen Minnesota counties, and the places adding the most new homes are at the edges: Lakeville, Woodbury, Maple Grove, Rosemount, Blaine and Wright County. I go through the Cities first, then the suburbs where the building is happening, the trains and highways, the hospitals and employers, and after that the things worth looking up on any address before you compare it with another. What I've written here comes from public sources, cited beside the facts that matter most, and it was checked on September 30, 2026.
What should you know about Minneapolis and St. Paul?
Minneapolis
Minneapolis was the first city in the country to end single-family-only zoning, through the 2040 Comprehensive Plan the city adopted in 2019 (Bipartisan Policy Center). A county judge put the plan on hold in 2022 under the state's environmental rights law, and the Minnesota Court of Appeals lifted that hold in May 2024 (MPR News). If you are buying in the city, it is worth reading the current zoning on the lot you are considering and on the lots around it, because the plan changed what can be built on them.
Northeast Minneapolis goes by "Nordeast," and it hosts Art-A-Whirl, described as the largest open artist-studio tour in the country, on the third weekend of May (NEMAA). Dinkytown is the student neighborhood directly north of the University of Minnesota's East Bank campus. The North Loop is small enough to walk end to end in under half an hour, and new storefronts keep turning over on Third Avenue (North Loop Neighborhood Association). Downtown, a six-story Yamasaki-designed office building at 20 Washington Avenue South is slated to become a 165-room hotel (Hoodline, April 2026).
If you are looking in the city, there is a school proposal to read. Minneapolis Public Schools has proposed closing or merging as many as 16 schools, going from 59 buildings to as few as 44, with changes starting in the 2027-28 school year if a plan is approved. The named buildings include Bethune, Pratt, Lake Harriet Lower Campus, Lake Nokomis Wenonah, Loring, Kenny, Hmong International Academy and Anwatin Middle (Minnesota Reformer, September 16, 2026). It is a proposal and not a decision, so please check the district's own website for the current plan and the attendance map for any address you are considering.
Abbott Northwestern Hospital, on the south side of the city, opened its Richard M. Schulze Surgical and Critical Care Center and welcomed its first patients there on August 29, 2026 (Allina Health).
St. Paul
St. Paul has rent control and Minneapolis does not, so if you are thinking about a duplex or a small rental property, the side of the river the home is on decides whether a cap on rent increases applies to it. Voters approved a 3% cap in 2021. The council then exempted new construction for 20 years. In May 2025 it voted 4-3 to permanently exempt any unit that first got its certificate of occupancy after December 31, 2004 (Minnesota Reformer). A certificate of occupancy is the city's sign-off that a new building is finished and ready to be lived in, so the date on that certificate is what puts a newer St. Paul unit outside the cap.
Highland Bridge is the 122-acre redevelopment of the old Ford assembly plant in Highland Park, and about 35 acres of it are still to be built. Pulte is finishing 167 row homes there in late 2026 or early 2027, and Ryan Companies broke ground on the Gateway apartments in June 2026 (Twin Cities Business). Downtown, offices are turning into apartments: the Landmark Tower conversion delivered 175 units, The Stella in the former Ecolab headquarters adds 178 more, and a Downtown Alliance study found 10 buildings that could yield nearly 4,000 homes (same source).
Grand Old Day runs the length of Grand Avenue each June, with a parade and more than 150 food vendors, and the 2026 date was June 7 (Mpls.St.Paul Magazine). Regions Hospital added about 3,200 square feet to its emergency department this year, with two procedure rooms and five new intake rooms (Hoodline, May 2026). The Como Park Zoo and Conservatory, run by the city, charges no admission and asks for a donation at the door (Como Park Zoo and Conservatory).
Where are the new homes going up?
From 2020 to 2025 the six cities that added the most housing units were Lakeville with 4,861, Woodbury with 4,271, Maple Grove with 3,599, Rosemount with 3,186, Blaine with 2,677 and Cottage Grove with 2,279 (Star Tribune). Across the whole region, though, production has been falling: 15,596 units in 2023, 12,339 in 2024 and 12,161 in 2025, against a regional goal of 18,000 a year (Federal Reserve Bank of Minneapolis, May 2026).
Lakeville
Lakeville led the entire metro in residential building permits in 2025, and its population went from 70,026 in 2020 to 79,270 in 2025 (Star Tribune). On April 20, 2026 the City Council approved a one-year pause on accepting certain new subdivision, plat, rezoning and comprehensive-plan applications, so the city can study how the regional Imagine 2050 plan affects its own plan. A plat is the recorded map that divides a piece of land into lots and streets, so a plat application is how a new neighborhood gets started. The pause does not touch what was already approved: 675 single-family lots and 644 townhome units had plat approval and are going ahead (City of Lakeville). So if you want a new home in Lakeville this year, you are choosing from lots that were already platted. The Casperson Park launch on Lake Marion, the largest lake in the city, is the public way onto the water (City of Lakeville).
Woodbury
Woodbury is the eastern end of the METRO Gold Line, the bus rapid transit line that opened in 2025 (Metro Transit). PFAS chemicals made and disposed of by 3M reached the east metro's groundwater, and Woodbury is building a permanent treatment plant for its drinking water that is scheduled to operate in 2028, at a cost of about $300 million. Roughly 93% of that is expected to come from the 2018 settlement between 3M and the State of Minnesota (City of Woodbury). The city also paused building applications in some of its southern growth areas, including around Dale Road and Cottage Grove Drive, while treatment capacity caught up, and it described the pause as running until about 2026 (KSTP). It may have lifted by now, so if you are looking at land or a new build south of town, please ask the city where that stands today. Moe's Southwest Grill opened its first Twin Cities store at 6671 Valley Creek Road on September 4, 2026 (Hoodline).
Maple Grove
Boston Scientific opened a new campus along I-694 in Maple Grove in fall 2025, a project the city won over sites in Massachusetts and Georgia. More than 7,000 of the company's employees work in the city, more than any other employer there (CCX Media). Highway 610 has reached full completion, and the True Stone Financial Rink opened as the first phase of the Community Center renovation (same source). Elm Creek Park Reserve, the largest park in the Three Rivers system, is here, and its swimming pond is chlorinated rather than open lake water (Three Rivers Park District).
Rosemount
Meta is building a 715,000-square-foot data center on 280 acres inside UMore Park in Rosemount, with about 1,000 construction jobs and about 100 long-term jobs (MPR News). The city has paused the next one: on April 21, 2026 the city adopted a one-year moratorium on new data centers, Ordinance 2026-03 (City of Rosemount). Amber Fields, on 435 acres of former University of Minnesota land south of County Road 42, is planned for upwards of 2,000 homes and apartments, with a 20-acre school site (Star Tribune). District 196 opened Emerald Trail Elementary at 13600 Ardroe Avenue in fall 2025 and moved elementary attendance lines the same fall, and a new Rosemount Middle School is under construction for fall 2027 (District 196). If you are buying in that part of Rosemount, the district's boundary lookup will tell you which school an address feeds today.
Blaine and the Highway 65 corridor
Highway 65 in Blaine is in the first year of a four-year rebuild. Construction started in April 2026 and runs to fall 2029, with more than $200 million in state and federal funding. It turns the intersections at 99th, 105th, 109th and 117th Avenue into interchanges with the highway running above, and two lanes each way are expected to stay open through most of the work (MnDOT). A new pedestrian and bicycle bridge over the highway began construction in August 2026 (MnDOT). If you would commute on 65 from Blaine or Ham Lake, you'll be driving through that work for the next three years. The National Sports Center, a 600-acre amateur sports campus with an eight-sheet ice arena, is on 105th Avenue (National Sports Center).
Corcoran, Dayton and northwest Hennepin
Of all the single-family and townhouse permits Dayton and Corcoran have issued since 1970, more than 30% have come since 2020 (Star Tribune). Bellwether in Corcoran is 398 homes on 225.9 acres and is described as the first Del Webb age-restricted community in Minnesota; Tavera and Hope Meadows are the city's other named communities (City of Corcoran). In Dayton, the DCM Farms project would turn 91 acres of farmland south of 117th Avenue into homes and commercial space (Hometown Source).
Wright County: Otsego, St. Michael, Albertville, Hanover and Monticello
Wright County has been the fastest-growing county in Minnesota since 2020, going from 141,337 people to 154,594 in 2024 (Wright County). Otsego went from 20,174 people in 2020 to 24,525 in 2025, and Hanover grew 32.4% in five years (Star Tribune). All of Wright County is inside the federal metro area and outside the seven-county region the Metropolitan Council governs, and the next section explains what changes at that line. Lake Maria State Park, west of Monticello, holds one of the last stands of the Big Woods, the maple, oak and basswood forest that once covered this part of the state (Minnesota DNR).
Carver and Scott counties
Carver County projects its population will approach 200,000 by 2030, about three times its 1990 count (Carver County). Highway 212 is the four-lane link from Carver into Minneapolis, and its expansion from Cologne to Norwood Young America has finished year two of three. Planning starts in 2026-27 for widening Highway 5 north past the Minnesota Landscape Arboretum (Carver County). The Arboretum itself is 1,200 acres of University of Minnesota gardens in Chaska (Minnesota Landscape Arboretum). In Scott County, the Shakopee Mdewakanton Sioux Community's reservation lies inside Prior Lake and Shakopee, and Mystic Lake is the county's largest employer (Scott County CDA). Canterbury Park has a reported $400 million plan to redevelop the land west of the racetrack into homes and shops (Canterbury Park).
What is the seven-county metro, and why does the line matter?
"The seven-county metro" is a specific boundary, the area the Metropolitan Council governs, and it is smaller than the federal metro area. The Metropolitan Council, the regional planning and wastewater agency, governs seven counties: Anoka, Carver, Dakota, Hennepin, Ramsey, Scott and Washington (Metropolitan Council). The federal metro area adds six more Minnesota counties: Wright, Sherburne, Chisago, Isanti, Le Sueur and Mille Lacs. So a home in Otsego, St. Michael, Elk River or North Branch is in the metro by the Census definition and outside the Council's jurisdiction.
Three things change at that line. The first is the Sewer Availability Charge, called SAC, which the Council charges when a new home connects to the regional sewer system. It is $2,485 per single-family unit in 2026, a rate frozen for the eleventh year in a row (Metropolitan Council). A new build in Wright County does not pay it. If you are buying new inside the seven counties, please ask the builder whether SAC is in the price or on your closing statement. The second is the planning clock. The Council adopted Imagine 2050 in February 2025, and all 181 cities and townships in the seven counties must submit new comprehensive plans by December 31, 2028 (Metropolitan Council). Lakeville's pause is the first result of that clock, and other cities may do the same before the deadline. The third is sewer itself: outside the regional system, and in unsewered townships inside it, a home is on a septic system, and the disclosure section below covers what a seller has to tell you about it.
Which trains and highways change a commute?
The Green Line Extension. The 14.5-mile light rail extension runs from Minneapolis through St. Louis Park, Hopkins and Minnetonka to Eden Prairie, with 16 new stations. Construction is 94% complete, testing began in October 2025, and service is planned for 2027 (Metropolitan Council). The line costs $2.86 billion and is nine years past its original 2018 opening date (Star Tribune). Near the City West station in Eden Prairie, Roers has proposed 195 apartments at 6436 City West Parkway, with completion anticipated in 2027 (Hoodline).
The Blue Line Extension. This one runs from Target Field through north Minneapolis, Robbinsdale and Crystal to Brooklyn Park. It reached 90% design in May 2026, its official budget is $3.58 billion, and major construction is anticipated in 2027 (Metropolitan Council). Brooklyn Park has adopted a 700-acre Northwest Growth Area plan for biotech, housing and development around the future stations (Streets.mn). There is no service date for the Blue Line Extension yet. What the Council has published is a start of major construction anticipated in 2027, and that date can move. So if you are buying near a planned station, please value the home on the neighborhood as it is today, and treat the train as something that may arrive years from now.
Bus rapid transit. The Gold Line to Woodbury, the B Line and the E Line all opened in 2025, and the Gold Line's extension into Minneapolis is under way with an opening planned for early 2027 (Metro Transit).
Highways. Multi-year projects on I-94 in St. Paul, I-35W in Burnsville and I-394 in Minneapolis are wrapping up in 2026. Highway 12 is being rebuilt in Wayzata and Minnetonka, the I-35E bridge over Shepard Road in St. Paul was replaced, and Highway 97 in Forest Lake is still under reconstruction (MnDOT, March 31, 2026). Highway 252 in Brooklyn Center and Brooklyn Park is still at the environmental study stage, with no construction date (same source). At the airport, a $242 million modernization finished in December 2025, and a $305 million expansion of Concourse G is due in 2028 (Metropolitan Airports Commission).
Who are the big employers, and what changed this year?
The Twin Cities is a headquarters town. By revenue, the largest public companies are UnitedHealth Group in Minnetonka, Target in Minneapolis, Best Buy in Richfield, Medtronic and U.S. Bancorp (Star Tribune), and Greater MSP's list adds 3M, CHS, General Mills and Cargill (Greater MSP). Target announced it was eliminating about 1,800 corporate positions. The layoff notice it filed with the state, called a WARN notice, covered 528 people at the downtown Minneapolis headquarters and 287 at the Brooklyn Park campus, with layoffs starting January 3, 2026 (MN DEED WARN notice).
The growth this year has been in medical technology and manufacturing rather than downtown offices. Boston Scientific's Maple Grove campus is covered above. In May 2026 the state's Minnesota Forward Fund put $40 million into four businesses expected to create more than 260 jobs. One of them is LP, which is spending nearly $145 million on a 200,000-square-foot engineered-wood siding plant in North Branch, in Chisago County, with 100 jobs planned within five years (MN DEED).
On the hospital side, Sanford Health and North Memorial Health signed an agreement in May 2026 to combine into one nonprofit system; North Memorial runs the hospitals in Robbinsdale and Maple Grove (Sanford Health). The University of Minnesota is building a new Community-University Health Care Center about twice the size of its current clinic, with completion expected in July 2027 (University of Minnesota).
Which county is the home in?
The Minnesota side of the metro is thirteen counties. Hennepin, with 1,273,334 people in 2024, holds Minneapolis and most of the western suburbs; Ramsey, with 542,015, holds St. Paul. Dakota, Anoka and Washington follow at 453,156, 376,840 and 283,960, then Scott, Wright and Carver, and then Sherburne, Chisago, Isanti, Le Sueur and Mille Lacs (U.S. Census Bureau, Vintage 2024). The 2026 conforming and FHA loan limits are the same in all thirteen. The conforming limit is the largest loan Fannie Mae and Freddie Mac will buy in a county. FHA sets one base limit for most of the country and a higher limit for areas where homes cost more, and all thirteen counties here get the higher one. So a buyer in Le Sueur or Mille Lacs County works with the same limits as one in Hennepin, and the figures are in the box below this article.
The county matters for three specific reasons here: it sends the property tax bill, it decides whether the Environmental Response Fund tax applies at closing, and it runs the homestead filing. The county's property records will tell you which one any address is in, and each is covered below.
How does property tax work on a Twin Cities home?
Minnesota's main relief for a home you live in is the homestead market value exclusion, which takes part of the home's value out of the taxable base rather than giving you a credit on the bill. For a homestead valued at $95,000 or less the exclusion is 40% of value, up to $38,000, and it shrinks as value rises until it phases out entirely at $517,200 (League of Minnesota Cities). With the metro's median sale price at $405,000 in August 2026, many homes land inside the exclusion and many others do not. It is worth checking where the home you are considering falls. You establish homestead through the county, and the filing deadline is December 31, so a home bought in the fall needs that filing done before the year ends.
The bill itself moves on a set calendar. Counties mail a Proposed Property Tax Notice, called the Truth in Taxation notice, in mid-November, showing last year's tax and next year's proposed tax. Cities, counties and school districts hold their hearings between November 25 and December 29 and adopt their levies in December, and the final statement goes out by March 31 (League of Minnesota Cities). A levy is the total dollar amount a city or county collects in property tax for the year. For 2026, Minneapolis's mayor proposed an 11.3% levy increase (MPR News) and St. Paul's proposed 5.3%, which the city put at about $107 a year on a median-value home (Bring Me The News). Both were proposals when I checked, and the November notice on any address shows you the number that actually applies to it.
Street work adds its own line. Minneapolis levies an annual street maintenance assessment at $0.01957 per square foot of lot, and November 16, 2026 is the last day to prepay a special assessment before it is added to the tax bill (City of Minneapolis). St. Paul assesses about 25% of a street reconstruction project's cost to the properties along it, divided by frontage, so each property's share depends on how many feet of it run along the street. Its assessments are searchable online (City of Saint Paul). Suburbs assess for street reconstruction too. Plymouth's council approved 2026 projects on Holly Lane, Zachary Lane and in the Amherst and Birchbriar neighborhoods. If you are buying on one of those streets, it is worth asking the city what is assessed to the property (Citizen Portal).
What are the two recording taxes, and what is the extra one in Hennepin and Ramsey?
Minnesota charges a mortgage registry tax of 0.23% of the amount the mortgage secures, customarily paid by the buyer at closing, and a state deed tax of 0.33% of the sale price, customarily paid by the seller (Minnesota House Research). Customary means it is how contracts here are usually written, and either one can be negotiated in the purchase agreement.
In Hennepin and Ramsey counties only, an Environmental Response Fund tax adds 0.01% on top of both. The money pays for each county's program to clean up and redevelop brownfields, which are former industrial or commercial sites where past use left contamination in the ground (Minn. Stat. 383A.80; Hennepin County). The authority for it runs through January 1, 2028 under the current statute. Numbers below are made up to show the arithmetic on the buyer's side:
Mortgage amount (invented) $350,000
Mortgage registry tax x 0.0023
----------
Registry tax, any MN county $805
ERF add-on, Hennepin or Ramsey x 0.0001
----------
Extra line on the closing statement $35
Hennepin County publishes a calculator for both taxes (Hennepin County), and the Minnesota page explains how the registry tax lands on a refinance as well as a purchase.
What is a Truth in Sale of Housing report?
Nine cities in the metro require a city-licensed evaluator to inspect a home for health and safety conditions before it is listed, and the seller has to display that report at every showing. The nine, as the inspection trade lists them, are Minneapolis, St. Paul, Bloomington, St. Louis Park, Robbinsdale, Maplewood, Crystal, New Hope and Richfield (Structure Tech). In St. Paul the rule applies to single-family homes, duplexes, condominiums and townhomes, and not to buildings of three or more units (City of Saint Paul). It stops at the city line: a home in Richfield has one and a home in Edina next door does not. The report is a disclosure document, so you'll still want your own home inspection on top of it.
What should you know about insurance, and about a lake lot?
A single 2023 storm left roughly $1 billion in claimed losses across the Twin Cities and central Minnesota (ProgramBusiness), and hail is what has changed homeowners policies here since. Two policy features are now common on homes here, and both are worth asking about before you compare two quotes. The first is a wind-and-hail deductible set as a percentage of the insured value, usually 1% to 5%, instead of a flat dollar amount. The second is actual cash value coverage on the roof, which pays a depreciated amount on an older roof rather than the cost to replace it (CAM). The premium goes into the monthly payment a lender qualifies you on, so please get the quote early. For a property in FEMA's high-risk flood area, the lender will require flood insurance as well.
Lake lots are everywhere in this metro, from Lake Minnetonka and White Bear Lake to the 14 lakes inside Prior Lake alone (Scott County CDA). On any of them, the buildable area comes from the state's shoreland rules. They set minimum setbacks from the ordinary high water level, which is the DNR's line for where the water normally reaches, and from the top of any bluff. The distances depend on the lake's shoreland classification and on whether the lot is sewered. Local ordinances can be stricter than the state minimums (Minnesota DNR). So the answer for a specific lot comes from the city or county zoning administrator plus the lake's DNR classification, and it is worth getting before you plan an addition, a garage or a bigger deck.
What does a seller have to disclose, and what does a townhome buyer get?
Minnesota's Radon Awareness Act requires the seller to tell you in writing, before you sign the purchase agreement, whether the home has been tested for radon, what the results were and whether anything was done about it. It does not require the seller to test (Minn. Stat. 144.496). Sellers also have to disclose any well on the property, whether it is sealed or open and whether or not it supplies the home. They have to disclose any private sewage system too, and describe how it works (Waypoint Law). That matters most in Wright, Sherburne, Chisago, Isanti, Le Sueur and Mille Lacs counties and in the unsewered townships inside the seven-county area.
If you are buying a condominium, townhome or cooperative unit, the seller has to deliver a resale disclosure certificate from the association. The association must furnish it within 10 days of the request, and once you receive it you have 10 days to cancel the purchase agreement and get your earnest money back promptly (Minn. Stat. 515B.4-107). The certificate lists the dues, any transfer fee and the association's finances, so please read it inside that window.
How do these facts reach your mortgage?
The Twin Cities median sale price was $405,000 in August 2026, up 1.3% from a year earlier, and Minnesota had more than 20,000 homes for sale that month, a seven-year high (FOX 9, reporting Minneapolis Area REALTORS data). The loan limits in the box below decide where a loan on a given home lands. A loan above the conforming limit is called a jumbo loan; conforming versus jumbo loans explains what changes when a loan crosses that limit.
Property tax, the homeowners policy with its hail deductible, flood insurance where it applies and any association dues are all inside the monthly payment a lender qualifies you on. The mortgage registry tax and, in Hennepin and Ramsey, the ERF add-on are part of your cash to close. SAC and a city's assessments reach you through a new home's price or the tax bill. Pre-approval in Minnesota covers what the letter is based on and how those costs change the cash you need. If you are a veteran, how VA loans work in Minnesota covers entitlement and the funding fee. If you own a business, self-employed mortgages in Minnesota covers how your income is read. If you already own here, refinancing in Minnesota explains why the registry tax belongs in that math too.
When you're ready, you can run your numbers for a purchase anywhere in the thirteen counties: rates for your scenario and Minnesota closing costs, with no credit pull and no account. Choose the rate option that works best for you, and the application opens from there. You can change that selection later, so nothing about it is final when you pick it.
Nothing here is a loan approval, a denial or a commitment to lend, and it is not tax advice. The value a county uses for a specific property, and whether it qualifies as a homestead, are set by that county, so please confirm them with the county office.
Common questions
What is the difference between the seven-county metro and the Twin Cities metro?
The seven-county metro is the area the Metropolitan Council governs: Anoka, Carver, Dakota, Hennepin, Ramsey, Scott and Washington counties. The federal metro area adds Wright, Sherburne, Chisago, Isanti, Le Sueur and Mille Lacs on the Minnesota side. A home outside the seven counties does not pay the Council's sewer availability charge on a new connection and is not on the Imagine 2050 comprehensive plan deadline.
Can I still buy a new home in Lakeville during the moratorium?
Yes. The one-year pause the City Council approved on April 20, 2026 stops the city from accepting certain new subdivision, plat and rezoning applications. It does not affect the 675 single-family lots and 644 townhome units that already had plat approval, and those are going ahead.
Which Twin Cities suburbs require a Truth in Sale of Housing inspection?
The inspection trade lists nine: Minneapolis, St. Paul, Bloomington, St. Louis Park, Robbinsdale, Maplewood, Crystal, New Hope and Richfield. The seller has a city-licensed evaluator inspect the home before listing it and displays the report at showings. It is a disclosure document rather than a buyer's inspection, and it stops at the city line.
Why does my closing statement in Hennepin County show an Environmental Response Fund tax?
Hennepin and Ramsey counties add a small Environmental Response Fund tax on top of both the state mortgage registry tax and the state deed tax. It pays for each county's program to clean up and reuse brownfields, the former industrial or commercial sites where past use left contamination in the ground. No other county in the metro charges it, and the statute authorizing it currently runs through January 1, 2028.
When does the Green Line Extension open?
The Metropolitan Council says construction is 94% complete, testing began in October 2025 and service is planned for 2027. The line runs 14.5 miles from Minneapolis through St. Louis Park, Hopkins and Minnetonka to Eden Prairie with 16 new stations.
Does St. Paul or Minneapolis have rent control?
St. Paul does and Minneapolis does not. St. Paul voters approved a 3% cap in 2021, and the council has since exempted new construction for 20 years and, in May 2025, permanently exempted any unit that first received its certificate of occupancy after December 31, 2004.
What is the homestead market value exclusion?
It is Minnesota's main property tax relief for a home you live in. Instead of a credit on the bill, it removes part of the home's value from the taxable base, with the largest exclusion at lower values and none at all once the value passes a threshold set in statute. You establish homestead through the county, and the filing deadline is December 31.
2026 loan limits, one-unit home
| County | FHA | Conforming |
|---|---|---|
| Hennepin County | $552,000 | $832,750 |
| Ramsey County | $552,000 | $832,750 |
| Dakota County | $552,000 | $832,750 |
| Anoka County | $552,000 | $832,750 |
| Washington County | $552,000 | $832,750 |
| Scott County | $552,000 | $832,750 |
| Wright County | $552,000 | $832,750 |
| Carver County | $552,000 | $832,750 |
| Sherburne County | $552,000 | $832,750 |
| Chisago County | $552,000 | $832,750 |
| Isanti County | $552,000 | $832,750 |
| Le Sueur County | $552,000 | $832,750 |
| Mille Lacs County | $552,000 | $832,750 |
Source: HUD Mortgagee Letter 2025-23; FHFA, Nov 25 2025. HUD · FHFA
Local facts on this page checked September 30, 2026.
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Jeff Moran, NMLS #483943, licensed to originate in Minnesota through C2 Financial Corporation.