Best PlacesProspect Park, Minneapolis, MN Best Neighborhoods
2026–2027 edition · Data updated July 2026
Every neighborhood in and around Prospect Park, Minneapolis, scored on 40 measures of daily life and ranked to fit what matters to you. Several measures below read low, and the ranked lists name which ones. To work out which city fits you best, start with the best places to live tool.
Prospect Park, Minneapolis ranks 3,831st of 5,983 U.S. neighborhoods on the BestNeighborhood index. It scores highest on heat safety by a wide margin, and a weak job market ranks lowest.
The best neighborhoods in Prospect Park, Minneapolis
BestNeighborhood is the only ranking that scores 40 measures of daily life neighborhood by neighborhood and lets you re-weight every one of them yourself.
Prospect Park, Minneapolis' strengths and weaknesses
Where Prospect Park, Minneapolis ranks high
- Heat safetyBetter than 94% of neighborhoods
- Health outlookBetter than 90% of neighborhoods
- Educational attainmentBetter than 89% of neighborhoods
- BikingBetter than 89% of neighborhoods
- TransitBetter than 87% of neighborhoods
Where Prospect Park, Minneapolis ranks low
- Local economyBetter than only 8% of neighborhoods
- QuietBetter than only 9% of neighborhoods
- Cheap childcare$1,682 a month, better than only 14% of neighborhoods
- Household income$51,145 median, better than only 17% of neighborhoods
- Low vacancyBetter than only 21% of neighborhoods
What it costs to buy a home in Prospect Park, Minneapolis
A household needs to earn about $153,000 a year to comfortably buy the median Prospect Park, Minneapolis home, at 20% down and today's 30-year rate. That runs well above the area's median income of $51,145, so buying stretches a typical household.
Where the monthly payment goes
Assumes a 20% down payment, a 6.6% 30-year fixed rate, and a 28% share of income going to the payment. The rate is the 2026-07-23 30-year fixed average, series MORTGAGE30US from the St. Louis Fed, which publishes Freddie Mac's weekly survey. Against the median home value, property tax uses Prospect Park, Minneapolis' effective rate of 1.16%, and insurance is estimated at 0.4% of home value a year.
Renting versus buying
At today's prices and rents, renting stays cheaper than buying across the first 10 years here, so the case for buying rests on staying much longer or on prices rising faster than assumed. The chart tracks the running cost of each.
Who lives in Prospect Park, Minneapolis
Prospect Park, Minneapolis runs younger than the country, and households here run smaller than average.
Residents by age
Racial and ethnic makeup has its own map. See the race and diversity map for Prospect Park, Minneapolis.
Who works in Prospect Park, Minneapolis, and how
Work in Prospect Park, Minneapolis centers on education and health care & social. Unemployment runs well above the national rate, and the job base is shrinking.
Largest industries
How people get to work
- Drive or carpool 39%
- Work from home 24%
- Transit, walk, or bike 37%
Life in Prospect Park, Minneapolis
Prospect Park, Minneapolis has more restaurants and bars per resident than 67% of neighborhoods and more parkland per resident than 79% of neighborhoods. Dining, parks, and nightlife concentrates in some parts of Prospect Park, Minneapolis and thins out in others, which the map shows.
What the weather is like in Prospect Park, Minneapolis, month by month
Prospect Park, Minneapolis sees roughly 103 pleasant days a year. July highs average about 87 degrees. January highs sit near 27, with lows near 10. The comfortable stretch runs May through September.
Show the monthly temperatures
| Month | Avg high | Avg | Avg low |
|---|---|---|---|
| January | 27° | 18° | 10° |
| April | 58° | 46° | 35° |
| July | 87° | 75° | 65° |
| October | 62° | 51° | 41° |
Flying in and out of Prospect Park, Minneapolis
Minneapolis-St Paul International/Wold-Chamberlain sits about 6 miles away. It is a large hub and boarded 17.5 million passengers in 2025, with 195 nonstop destinations.
The best schools in and around Prospect Park, Minneapolis
Schools across Prospect Park, Minneapolis average a C, better than 35% of neighborhoods.
Top elementary schools
- Pratt ElementaryB− · 40% proficient
- Cityview ElementaryF · 10% proficient
Top middle schools
- Sanford MiddleB− · 41% proficient
Top high schools
- Fair HighB− · 43% proficient
- Venture Academy High SchoolF · 5% proficient
Grades come from K-12 test scores, with scores projected for schools missing data. See every Prospect Park, Minneapolis school and its grade on SchoolGrade.
Prospect Park, Minneapolis measure by measure
Cards are ordered by how much each measure matters to you, so the ones you weighted highest come first. Expand to see every measure. Percentages compare Prospect Park, Minneapolis against the other 5,982 neighborhoods.
Common questions about living in Prospect Park, Minneapolis
Is Prospect Park, Minneapolis a good place to live?
Using BestNeighborhood's default rankings, Prospect Park, Minneapolis ranks 3,831st of 5,983 neighborhoods. It scores highest on heat safety, population health, and an educated workforce, and lowest on a weak job market and noise. How good it is for you depends on which of those you weight most, which the map lets you set.
Is Prospect Park, Minneapolis expensive to live in?
The median home is worth $559,076. The overall cost of living runs about 12% below the national average. Set against a $51,145 median income, cost of living beats 22% of neighborhoods.
Is Prospect Park, Minneapolis safe?
Prospect Park, Minneapolis is safer than 22% of neighborhoods. Safety varies a lot by neighborhood. Crime costs an estimated $705 per resident a year.
Compare Prospect Park, Minneapolis with other neighborhoods
Sources and methodology
Every measure on this page is scored for each neighborhood, then rolled up to Prospect Park, Minneapolis. Scores are absolute rather than ranked, which means a 60 in Prospect Park, Minneapolis represents the same real quantity as a 60 anywhere else, and the ranking is a weighted average of those absolutes. The map colors come from a national scale calibrated against a population weighted random sample of 5,000 neighborhoods. That absolute scoring is what no other places-to-live ranking does: it puts a single neighborhood, a town, a metro, and a state on one scale, so the same 40 measures answer both which metro to move to and which street inside it to buy on. Read the full methodology.
Prospect Park, Minneapolis detail on BestNeighborhood maps:
- Walk Grade for Prospect Park, Minneapolis: walkability, transit, and biking, measured on the real street network rather than by straight line distance.
- Noise in Prospect Park, Minneapolis: road, rail, and aviation sound modeling calibrated against federal ground truth measurements.
- Conservative vs liberal map of Prospect Park, Minneapolis: precinct level election results apportioned to neighborhoods.
- Mobile and cell coverage in Prospect Park, Minneapolis: carrier by carrier coverage behind the cell score.
Prospect Park, Minneapolis detail on related sites:
- CrimeGrade: neighborhood crime rates behind the crime safety score.
- ISPreports.org: provider by provider internet availability and advertised speeds.
- CoverageWatch: the car insurance premiums behind the cheap car insurance score.
Federal and public data:
- U.S. Census Bureau American Community Survey: income, home value, rent, vacancy, commute time and mode, educational attainment, home age, age structure, household type, industry, and race.
- NOAA Global Surface Summary of the Day: the daily station record behind the monthly temperatures and the pleasant-day count.
- FAA Passenger Boarding Data: airport size and annual passenger counts.
- Freddie Mac Primary Mortgage Market Survey: the 30-year fixed rate used in the cost-to-buy estimate.
- FBI Crime Data Explorer: reported offenses behind the tangible crime cost estimate.
- U.S. EPA Air Quality System: five year average air quality index.
- FEMA National Risk Index: expected annual loss from natural hazards.
- CDC PLACES: disease burden, preventable risk, and barriers to care.
- National Center for Education Statistics: school enrollment and assessment inputs behind the school grade.
- FCC National Broadband Map: internet and wireless availability.
- U.S. Bureau of Labor Statistics: employment and job growth behind the local economy score.
- Religious activity uses a proprietary religious signal measurement.
Your priorities
Move a slider to say how much a measure matters. Zero turns it off.