Minneapolis Housing Information - Census

IndexMinneapolisMinnesotaNational
Median home price$205,200$185,200$175,700
Median rent asked$854$835$920
Avg. people per household2.32.42.6
Owner occupied households48.6%72.1%64.4%
Renter occupied households51.4%27.9%35.6%

Minneapolis Housing Information - Zillow

IndexMinneapolisMinnesotaNational
Zillow home value index$221,100$194,800$188,100
Year over year appreciation rate7.80%7.39%5.14%
5 year average appreciation rate5.77%4.96%4.12%
10 year average appreciation rate0.15%-0.72%-0.33%

Did you know?

  • The median home price in Minneapolis is 17% higher than the national average.
  • The median rent asked in Minneapolis is 7% lower 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 24% lower than the national average.
  • The number of renter occupied households in Minneapolis is 44% higher than the national average.

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Compare Minneapolis, MN Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Hilltop, MN828$9,99994%
Landfall, MN796$10,50094%
Brooklyn Center, MN30,549$134,60023%
Lexington, MN2,019$154,20012%
Columbia Heights, MN19,605$155,20012%
Minneapolis, MN394,424$205,20017%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Tulsa, OK395,599$123,10030%
Cleveland, OH392,114$73,10058%
Oakland, CA402,339$435,000148%
Wichita, KS385,518$118,40033%
Arlington, TX375,305$129,80026%
Minneapolis, MN394,424$205,20017%
Source: The Minneapolis, MN housing data displayed above is derived from the United States Census Bureau and Zillow data.