Chaska, MN housing market

Carver CountyMinneapolis, MN metroData through Sep 2026
Typical home value
$482K
▲ 2.7% 1 yr
Typical rent
$1,828/mo
▲ 2.2% 1 yr
Gross rent yield
4.6%
U.S. 6.3%
5-year home value change
+13%
U.S. +20%

Key takeaways

  • 1The typical home in Chaska is worth $481,730, up 2.7% over the past year and up 13% over five years.
  • 2Typical rent is $1,828 a month (+2.2% YoY), a gross rent yield of 4.6% (below the Minneapolis, MN metro's 5.4%).
  • 3With 20% down at 7.32%, principal and interest on the typical home is about $2,647/mo, $819 more than typical rent.
  • 4Zillow forecasts the Minneapolis, MN metro's home values to change +1.6% over the next 12 months.
Market temperature (Minneapolis, MN metro)
Buyer's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 32/100, #406 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value, Chaska
Latest $482K
$323K$373K$422K$471K2016201920222025
Typical monthly rent, Chaska
Latest $1,828
$1,540$1,633$1,725$1,818202120232025

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Chaska compares

MeasureChaskaMinneapolis, MN metroUnited States
Typical home value$481,730$387,807$366,157
Home value, 1-yr change+2.7%+1.7%+1.2%
Typical rent$1,828$1,736$1,932
Rent, 1-yr change+2.2%+3.5%+2.7%
Gross rent yield4.6%5.4%6.3%
Price-to-rent ratio22.018.615.8
Mortgage P&I, typical home$2,647$2,131$2,012

Run the numbers

Other cities in the Minneapolis, MN metro

Minneapolis, MN metro report →Minnesota housing market →

City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.