Like any large city, home prices in Minneapolis have continued to increase over the years. Fortunately, there are still some neighborhoods in Minneapolis that offer some affordable housing options. These are the cheapest neighborhoods in Minneapolis for 2026. The neighborhoods are ranked by the lowest median home prices when compared to the average median home price in Minneapolis.

Population 2,971
-56%
Median Home Value $217,728
56% less expensive than Minneapolis
Population 3,751
-52%
Median Home Value $235,756
52% less expensive than Minneapolis
Population 5,058
-48%
Median Home Value $255,904
48% less expensive than Minneapolis
Population 9,080
-47%
Median Home Value $264,516
47% less expensive than Minneapolis
Population 3,181
-45%
Median Home Value $274,063
45% less expensive than Minneapolis
Population 6,612
-45%
Median Home Value $274,297
45% less expensive than Minneapolis
Population 5,210
-44%
Median Home Value $277,022
44% less expensive than Minneapolis
Population 9,931
-41%
Median Home Value $291,728
41% less expensive than Minneapolis
Population 5,670
-40%
Median Home Value $295,666
40% less expensive than Minneapolis
Population 9,076
-39%
Median Home Value $304,580
39% less expensive than Minneapolis
Is This the Right Place for You? Local Insights Report
  • Uncover the key details before you move
  • Use local data to guide a smarter investment
  • Compare neighborhoods side by side
Local Insights Report