Minneapolis, MN vs Phoenix, AZ: Housing Market Comparison (2026)

Side-by-side Alpha Scores, affordability, momentum, supply, jobs, and rental yield · as of July 2026

Minneapolis, MN vs Phoenix, AZ side by side

Metric Minneapolis, MN Phoenix, AZ
Alpha Score4532
Price Momentum5341
Inventory Health2734
Affordability5821
Economic Strength4423
Rental Yield5146
Median Sale Price$400K$469K
Price-to-Income4.15.5
Payment-to-Income24.2%32.9%
Months of Supply24
Gross Rental Yield4.2%4.0%
Overvaluation Index4080

Highlighted = the stronger read for that metric (supply, valuation, and payment burden are better when lower). Income/rent inputs lag annually.

How Minneapolis, MN and Phoenix, AZ compare, dimension by dimension

  • Affordability: Minneapolis, MN leads — Minneapolis, MN 58/100 vs Phoenix, AZ 21/100.
  • Price Momentum: Minneapolis, MN leads — Minneapolis, MN 53/100 vs Phoenix, AZ 41/100.
  • Inventory Health: Phoenix, AZ leads — Minneapolis, MN 27/100 vs Phoenix, AZ 34/100.
  • Economic Strength: Minneapolis, MN leads — Minneapolis, MN 44/100 vs Phoenix, AZ 23/100.
  • Rental Yield: Minneapolis, MN leads — Minneapolis, MN 51/100 vs Phoenix, AZ 46/100.

Frequently asked questions

Which has a higher Alpha Score, Minneapolis, MN or Phoenix, AZ?

Minneapolis, MN scores higher — 45 vs 32 out of 100. The Alpha Score is a 0-100 composite of price momentum, inventory health, affordability, economic strength, and rental yield.

Is Minneapolis, MN or Phoenix, AZ more affordable?

Minneapolis, MN is more affordable on our affordability dimension. Price-to-income is 4.1 in Minneapolis, MN and 5.5 in Phoenix, AZ.

Which housing market has stronger momentum, Minneapolis, MN or Phoenix, AZ?

Minneapolis, MN has stronger price momentum — 53/100 vs 41/100.

What is the median home price in Minneapolis, MN vs Phoenix, AZ?

The median sale price is $400K in Minneapolis, MN and $469K in Phoenix, AZ.

Want to swap in other cities, change the metrics, or chart the trend over time? Customize this comparison → in the interactive Compare tool. Or read the Minneapolis, MN market brief and the Phoenix, AZ brief.