Thinking About Moving to Minneapolis, MN? | City & Cost of Living Guide | RealHomeIntel

City Intelligence

Thinking About The Minneapolis, MN Area?

What it costs, how it lives, and what to check before you buy in Minneapolis. Sourced from U.S. Census, HUD, NCES, FEMA, and FCC — aggregated across the whole city, not just one neighborhood.

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Livability Score

79/ 100

Solid overall with category-specific trade-offs.

Cost of LivingB

Housing MarketB+

EnvironmentA+

WeatherA+

Population

1,309,893

Median Home

$340K

Median Income

$90K

Zip Codes Covered

With a population of 1,309,893, Minneapolis is a major MN city. Median household income is $90K with homes valued around $340K. The city scores highest in environment (A+).

Tends to fit: buyers exploring a well-rounded market.

Market Snapshot

Key housing and market metrics for Minneapolis, MN. Use these numbers as a starting point, then dig into specific neighborhoods.

Median Home Value

$340K

Vacancy Rate

5.0%

Owner-Occupied

60%

ZIP Code Breakdown

Area stats for the largest 12 of 69 ZIP codes in Minneapolis, sorted by population. Run a Real Report Card on a specific address for property-level detail.

55407

Area Stats

Pop: 36,997

Home Value: $292K

55423

Area Stats

Pop: 36,859

Home Value: $294K

55406

Area Stats

Pop: 35,726

Home Value: $313K

55416

Area Stats

Pop: 34,715

Home Value: $435K

55433

Area Stats

Minneapolis Area Map

Get oriented — see where Minneapolis sits and explore neighborhoods before you narrow in.

Nearby Areas

Explore the areas around Minneapolis — pick one to dig into its market, schools, and neighborhoods.

Saint Paul Area

Home: $375K9 mi away

Osseo Area

Home: $336K16 mi away

Rochester Area

Home: $270K70 mi away

Livability Grades

How Minneapolis stacks up across six key categories.

Cost of LivingB

Housing MarketB+

EnvironmentA+

WeatherA+

AmenitiesA+

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The Minnesota Real Estate Team

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Data sources: U.S. Census Bureau ACS, FEMA, EPA, NCES, NREL, HUD, FCC, NOAA, EIA, OpenStreetMap. Data represents the 69 most populated zip codes for Minneapolis and may not reflect all neighborhoods. Market conditions change frequently; this page is for informational purposes only and does not constitute real estate advice. Last updated on a rolling basis.