Minneapolis, Minnesota 

145 Reviews | Review This Place | Photos and Maps

Housing in Minneapolis, Minnesota

The median home cost in Minneapolis is $257,100. Home appreciation the last 10 years has been 26.0%. It's a good time to buy in Minneapolis. Home Appreciation is up 9.5%. Browse Minneapolis Real Estate

Average Age of Homes
- The median age of Minneapolis real estate is 69 years old
The Rental Market in Minneapolis
- Renters make up 47.4% of the Minneapolis population
- 7.7% of houses and apartments in Minneapolis, are unoccupied (vacancy rate)
- See the available apartments and rentals in Minneapolis
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

HOUSING BY YEAR BUILT

Download .xls

  HOUSINGMinneapolis, MinnesotaUnited States
  Median Home Age6937
  Median Home Cost$257,100$216,200
  Home Appr. Last 12 months9.47%6.77%
  Home Appr. Last 5 yrs.50.93%31.12%
  Home Appr. Last 10 yrs.25.99%11.41%
  Property Tax Rate$13.98$11.89
  Homes Owned44.88%56.34%
  Housing Vacant7.70%12.45%
  Homes Rented47.42%31.21%
  AVERAGE RENT FOR HOME OR APARTMENT
  Studio Apartment$750$890
  1 Bedroom Home or Apartment$1,010$990
  2 Bedroom Home or Apartment$1,390$1,240
  3 Bedroom Home or Apartment$2,050$1,660
  4 Bedroom Home or Apartment$2,500$1,910
  VACANT HOUSING
  Vacant For Rent2.09%2.34%
  Vacant Rented0.81%0.46%
  Vacant For Sale1.15%1.20%
  Vacant Sold0.60%0.46%
  Vacant Vacation0.58%3.97%
  Vacant Other2.48%4.02%
  VALUE OF OWNER-OCCUPIED HOUSING
  Less Than $20,0002.55%4.57%
  $20,000 to $39,9990.67%3.37%
  $40,000 to $59,9990.85%4.19%
  $60,000 to $79,9993.22%5.74%
  $80,000 to $99,9993.78%6.79%
  $100,000 to $149,99913.51%15.19%
  $150,000 to $199,99923.74%14.69%
  $200,000 to $299,99929.20%18.15%
  $300,000 to $399,99910.43%10.43%
  $400,000 to $499,9994.66%5.70%
  $500,000 to $749,9994.77%6.39%
  $750,000 to $999,9991.46%2.41%
  $1,000,000 or more1.17%2.39%
HOUSING MAP
  • Average Rent (3br)
Select Map Options
  • Rent (3br)
  • Home Appreciation
  • Property Tax
  • Median Home Cost
  • Reset Map

  • View More Data >
    Reviews for Minneapolis    145 Reviews
    Challenging place, but possibly worth it. - 6/27/2018
    Disclaimer - yes I am a transplant, from another smaller midwestern city. Minnesota is not a place you just casually move to, you must think hard about here. Let's get... Read More

    Start Your Review of Minneapolis


    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

    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


    View More Data >

    COMPARE CITY TO CITY
    Compare Minneapolis, Minnesota to any other place in the USA.

    MAPS OF MINNEAPOLIS, MINNESOTA
    Check out the latest Maps in a variety of categories including cost of living, population, and commute time.Minneapolis,Minnesota Map
    ZIP CODES IN MINNEAPOLIS, MINNESOTA
    Join BestPlaces