Photo: Widgetkid · CC BY-SA 4.0Even on the area’s higher pay, Champlin costs more to live in than 66% of U.S. towns
It ranks #198 of 273 in Minnesota for affordability. Up 1.2% in a year, 7% above the Minnesota typical home.
Census 2020–24 home values, rents, tax bills and cost burden, measured against the median household income of the Minneapolis-St. Paul-Bloomington, MN-WI metro area ($100K). How TownRatings grades cost of living
The grade measures what housing costs against what households in the area earn. Champlin’s area earns well above the typical U.S. town ($100K against $74K), but homes, rent and taxes here run higher still. Owners keep up better than renters: 22% of owners pay 30% or more of income for housing (typical U.S. town: 20%), against 57% of renters.
In dollars
- $373Ktypical home, 7% above the Minnesota typical homeZillow, September 2026
- $1,910a month for a two-bedroom, utilities includedHUD Fair Market Rent, 2026
- 105prices across the Minneapolis metro, where the U.S. is 100 (housing 112)BEA Regional Price Parities, 2024
In paychecks the grade
- 3.6 yrsof area income buys the typical home; the typical U.S. town: 3.3$100K, Minneapolis-area income
- 20%of area income goes to the median rent; the typical U.S. town: 18%Census 2020–24
- 57%of renters pay 30%+ of income for housing; across Minnesota: 48%Census 2020–24
- 22%of owners do; the typical U.S. town: 20%Census 2020–24
What stands out about housing in Champlin
What’s behind Champlin’s grade
Measured against what households in the area earn, Champlin is more affordable than 34% of U.S. towns, #198 of 273 in Minnesota. The four inputs sit close together, so no single cost explains the grade.
Prices here have kept pace with Minnesota: up 10.4% in five years, against 14.1% statewide (Zillow).
Up 10.4% in five years
Slower than Minnesota (14.1%).
Show as a table
| January | Champlin | Minnesota |
|---|---|---|
| 2017 | $238,000 | $216,000 |
| 2018 | $254,000 | $231,000 |
| 2019 | $271,000 | $245,000 |
| 2020 | $286,000 | $257,000 |
| 2021 | $305,000 | $280,000 |
| 2022 | $344,000 | $311,000 |
| 2023 | $354,000 | $322,000 |
| 2024 | $356,000 | $329,000 |
| 2025 | $363,000 | $338,000 |
| 2026 | $373,000 | $346,000 |
| September 2026 | $373,000 | $349,000 |
A typical Champlin home worth $233K in October 2016 is worth about $373K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through September 2026.
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Under ~4 months of supply favors sellers; over ~6 favors buyers.
Redfin Data Center, all residential sales, September 2026.
A year’s rent takes 20% of area income
The calculator starts from the area income the grade uses. Switch to Champlin’s own median, or type yours.
That covers a typical Champlin home, with $9K to spare.
A two-bedroom rents for about $1,910 a month here, $370 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Champlin’s typical property tax (1.04% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,910
Renters already here pay a median of $1,689, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
2 new homes permitted in 2025
Builders were permitted 2 new homes in Champlin in 2025, all single-family houses. That's 0.1 per 1,000 residents, slower than across Minnesota (3.8). Over the past 10 years, Champlin has permitted 689 homes in all.
Between the 2010 and 2020 censuses, Champlin gained 830 residents while 649 new homes were permitted: about 1.3 new residents per new home. Building outpaced population growth, which usually means smaller households or homes used part of the year. Across Minnesota: 2.2 new residents per new home.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 2 | 2 | 0 | $770,000 |
| 2024 | 15 | 15 | 0 | $6.3 million |
| 2023 | 55 | 15 | 40 | $15.5 million |
| 2022 | 46 | 46 | 0 | $17.5 million |
| 2021 | 60 | 60 | 0 | $21.1 million |
| 2020 | 47 | 47 | 0 | $12.2 million |
| 2019 | 43 | 43 | 0 | $11.9 million |
| 2018 | 38 | 38 | 0 | $10.9 million |
| 2017 | 149 | 56 | 93 | $42.4 million |
| 2016 | 234 | 44 | 190 | $44.2 million |
| 2015 | 96 | 26 | 70 | $22.2 million |
| 2014 | 10 | 10 | 0 | $2.3 million |
| 2013 | 10 | 10 | 0 | $2.1 million |
| 2012 | 11 | 11 | 0 | $2.3 million |
| 2011 | 9 | 9 | 0 | $1.9 million |
| 2010 | 49 | 49 | 0 | $7.7 million |
| 2009 | 33 | 33 | 0 | $5.6 million |
| 2008 | 21 | 21 | 0 | $3.5 million |
| 2007 | 60 | 60 | 0 | $10.8 million |
| 2006 | 73 | 70 | 3 | $10.4 million |
| 2005 | 55 | 55 | 0 | $9.5 million |
| 2004 | 100 | 100 | 0 | $16.9 million |
| 2003 | 225 | 223 | 2 | $26.4 million |
| 2002 | 147 | 135 | 12 | $19.6 million |
| 2001 | 148 | 120 | 28 | $20.9 million |
| 2000 | 181 | 147 | 34 | $28.8 million |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Property tax runs above the Minnesota norm
The median bill is $3,739 (Minnesota: $3,357), 1.04% of a home’s value a year, against 1.02% statewide.
Census American Community Survey 2020–24: the median real-estate tax bill homeowners report, and that bill ÷ the median home value. Bills include town, school and county taxes. The Census reports bills over $10,000 only as “$10,000+”.
The rest of a budget near Champlin
Only figures published free for the whole country, each labeled with the area it covers: the Minneapolis-St. Paul-Bloomington, MN-WI metro area, or Minnesota. Groceries follow the goods price level; nobody publishes them town by town.
| Cost | Here | Compared with | Area | Source |
|---|---|---|---|---|
| Prices overall U.S. = 100 | 105 | MN 99 | metro | BEA, 2024 |
| Goods (groceries, clothing, cars…) U.S. = 100 | 103 | MN 101 | metro | BEA, 2024 |
| Utilities U.S. = 100 | 93 | MN 91 | metro | BEA, 2024 |
| Other services U.S. = 100 | 104 | MN 100 | metro | BEA, 2024 |
Price levels: U.S. Bureau of Economic Analysis, Regional Price Parities 2024 (metro area and state). Electricity: U.S. Energy Information Administration, Electric Power Monthly, table 5.6.A.
Champlin vs. its neighbors
Of the 5 towns here with a Zillow value, Champlin has the 4th-lowest.
Cost next door · one source per column
| Town | Cost | Typical home Zillow, September 2026 | Median value Census 2020–24 | Tax rate bill ÷ value | 2-bed rent HUD 2026 |
|---|---|---|---|---|---|
| Champlin | C | $373K | $359K | 1.04% | $1,910 |
| Coon Rapids | B− | $330K | $306K | 0.91% | $1,840 |
| Dayton | C | $516K | $511K | 1.04% | $1,730 |
| Brooklyn Park | C+ | $345K | $336K | 1.11% | $1,880 |
| Anoka | B | $334K | $309K | 0.89% | $1,650 |
Questions about the cost of living in Champlin
Is Champlin expensive to live in?
Measured against what households in the area earn, Champlin costs more than 66% of U.S. towns: a C for cost of living, #198 of 273 in Minnesota. The typical home costs 3.6 years of the median household income of the Minneapolis-St. Paul-Bloomington, MN-WI metro area ($100K).
How much does a house cost in Champlin?
About $373K, Zillow’s typical value for September 2026, up 1.2% in a year. The Minnesota typical home is $349K.
What salary do you need to live in Champlin?
To buy the typical home with 20% down at 6.3%, about $98,000 a year, keeping the payment (about $2,280 a month with tax and insurance) at 28% of income. To rent a two-bedroom at 30% of income, about $76,000.
How much is rent in Champlin?
HUD puts a two-bedroom at about $1,910 a month with utilities, the going rate for someone moving in. Renters already here pay a median of $1,689 (Census 2020–24).
What are property taxes in Champlin?
The median bill is $3,739 a year, 1.04% of the median home value (Minnesota: $3,357, 1.02%), from the Census 2020–24.
Are home prices in Champlin going up?
Yes: up 1.2% in the past year and 10.4% in five years, against 14.1% across Minnesota (Zillow).
Neighbors talk housing
What Champlin buyers, sellers and renters are saying.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, September 2026. Sales, days on market and supply: Redfin Data Center, September 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. The calculator is an estimate, not a loan offer. Regional price levels: BEA; electricity: EIA. How TownRatings grades cost of living.