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The median home value in Minneapolis, Minnesota, is $218,900. Home appreciation is -6.62% over the last 10 years. The median age of Minneapolis, Minnesota, real estate is 69 years.

Minneapolis, Minnesota Apartments and Rentals

Renters make up 47.42% of the Minneapolis, Minnesota, population. 7.70% of houses and apartments in Minneapolis, Minnesota, are unoccupied (vacancy rate).

  HOUSINGMinneapolis, MinnesotaUnited States
  Median Home Age  6937
  Median Home Cost  $218,900$185,800
  Home Appr. Last 12 months  4.63%3.74%
  Home Appr. Last 5 yrs.  13.88%16.02%
  Home Appr. Last 10 yrs.  -6.62%-0.68%
  Property Tax Rate  $13.08$11.80
  Homes Owned  44.88%56.34%
  Housing Vacant  7.70%12.45%
  Homes Rented  47.42%31.21%
  Studio Apartment  $654$712
  1 Bedroom Home or Apartment  $810$825
  2 Bedroom Home or Apartment  $1,016$1,027
  3 Bedroom Home or Apartment  $1,440$1,379
  4 Bedroom Home or Apartment  $1,678$1,601
  Vacant For Rent  2.09%2.34%
  Vacant Rented  0.81%0.46%
  Vacant For Sale  1.15%1.20%
  Vacant Sold  0.60%0.46%
  Vacant Vacation  0.58%3.97%
  Vacant Other  2.48%4.02%
  Less Than $20,000  2.55%4.57%
  $20,000 to $39,999  0.67%3.37%
  $40,000 to $59,999  0.85%4.19%
  $60,000 to $79,999  3.22%5.74%
  $80,000 to $99,999  3.78%6.79%
  $100,000 to $149,999  13.51%15.19%
  $150,000 to $199,999  23.74%14.69%
  $200,000 to $299,999  29.20%18.15%
  $300,000 to $399,999  10.43%10.43%
  $400,000 to $499,999  4.66%5.70%
  $500,000 to $749,999  4.77%6.39%
  $750,000 to $999,999  1.46%2.41%
  $1,000,000 or more  1.17%2.39%

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Reviews for Minneapolis

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VERY, VERY, VERY underrated - 6/6/2018
I absolutely LOVE this city! And would put this in my Top 10 cities in the country easily... No order: -New York - Los Angelos - Washington DC - Chicago -... (Read More)

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It’s probably you not them - 5/2/2018
Having read the negative reviews of Minneapolis residents, I can say the poster’s should take a good long look at themselves.... I lived in the twin cities area for... (Read More)

People are friendly and polite, lots of activities - 4/24/2018
I love Minneapolis. People are usually quite polite and friendly (different neighborhoods can have quite different vibes). A lot of businesses have their base here:... (Read More)

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