A+
45%
Med. Home Val. NAT. AVG.
14%
Rent NAT. AVG.
25%
Owner Occ. NAT. AVG.
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Minneapolis Housing Information

IndexMinneapolisMinnesotaNational
Median home price$268,100$191,500$184,700
Median rent asked$1,078$873$949
Avg. people per household2.32.42.6
Owner occupied households47.4%71.4%63.6%
Renter occupied households52.6%28.6%36.4%
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Housing Quick Facts

  • The median home price in Minneapolis is 45% higher than the national average.
  • The median rent asked in Minneapolis is 14% higher than the national average.
  • The average number of people per household in Minneapolis is 13% lower than the national average.
  • The number of owner occupied households in Minneapolis is 25% lower than the national average.
  • The number of renter occupied households in Minneapolis is 45% higher than the national average.

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Landfall, MN796$12,70093%
      Hilltop, MN1,007$19,50089%
      South End, MN65$43,80076%
      St. Anthony city (Stearns County), MN106$80,00057%
      Brooklyn Center, MN30,755$187,4001%
      Minneapolis, MN424,536$268,10045%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Oakland, CA422,575$730,000295%
      Tulsa, OK402,441$143,40022%
      Virginia Beach, VA450,882$287,40056%
      Arlington, TX397,269$188,1002%
      Tampa, FL395,912$254,60038%
      Minneapolis, MN424,536$268,10045%
      Source: The Minneapolis, MN housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).