See what you qualify for

Down payment assistance

Buying a home in Farmington, MN

8 statewide.

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What’s local to Farmington

No program run for Farmington or for Dakota County alone is listed. A home in Farmington can use the Minnesota statewide and federal programs below.

The closest city that runs its own program is Burnsville, about 11 miles away. City programs usually require the home to be inside that city’s limits.

Neighboring cities

1 program for homes in nearby cities

1 more program is for homes in Burnsville. See them
  • Burnsville — Burnsville Down Payment Assistance Deferred Loan

The Farmington market

Kinds of homes here

  • 72.4% single-family
  • 16.4% townhouse
  • 2.1% 2–4 units
  • 8.3% 5+ units
  • 0.7% mobile & other

U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25024.

21.2%

of Farmington homes were built before 1980. Pre-1978 homes come with a federal lead-paint disclosure.

U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25034.

$131,500
County area median income, 4 people (HUD)
$123,673
Farmington median household income

See the published limits for Dakota County

Free help nearby

1 HUD-approved counseling agency within 15 miles

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Across Minnesota and nationwide

70 statewide & federal programs

Farmington questions

Does Farmington have its own down payment program?

No program run for Farmington alone is listed. A home in Farmington can use the 8 statewide programs. Each program’s own site has the current terms.

Can I use assistance on a condo in Farmington?

Each program sets which kinds of homes it accepts. Where the agency publishes them, the program’s page lists them; the agency confirms it for the home you choose.

What is the income limit in Dakota County?

Each program sets its own. 13 of the programs here set theirs as a share of HUD’s area median income for Dakota County, adjusted for household size. HUD publishes the median each year; the 2026 figure is shown above and on the published limits page.

Where can I take a homebuyer class near Farmington?

HUD-approved housing counseling agencies teach homebuyer classes, and 1 agency is within 15 miles of Farmington. Create a free account and take the 90-second match to see the ones near you.

ZIP codes

55024

Sources: agency sites (June–August 2026), Census ACS 2024 5-year, HUD FY2026, HUD counseling list. Hey Prescott is not a lender.