$2,750 Per Month
- 3 Beds
- 2.5 Baths
- 2,144 Sq Ft
- Townhouse for Rent
7601 Elm Grove Cir, New Hope, MN 55428
7601 Elm Grove Cir, New Hope, MN 55428
Frequently Asked Questions
How much does it cost to rent a townhouse in Crystal, MN?
The median rent for a townhouse in Crystal, MN is $970 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in Crystal, MN?
To comfortably afford the median rent in Crystal, MN, a household needs to earn roughly $38,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $970 per month in Crystal, MN, renters typically need to show $2,910 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Crystal, MN?
In Crystal, MN, the price-to-rent ratio is 33.9, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
