Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the East Phillips area can be challenging. Home prices in East Phillips are now at a median cost of $232,968, lower than the Minneapolis average of $316,867.
The average cost of rent is $814/mo in East Phillips, primarily driven by the current value of real estate in the East Phillips area. While nearly 28.88% of residents own their homes outright in East Phillips, 64.75% rent.
Housing affordability isn’t just about home prices, though. The average household income in East Phillips is $3,526 per month. Households that rent pay about 23.09% of their income on rent here. East Phillips's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Nearby Neighborhoods
- Midtown Phillips, Minneapolis, MN: less expensive homes
- Ventura Village, Minneapolis, MN: equally priced homes
- Phillips West, Minneapolis, MN: equally priced homes
- Seward, Minneapolis, MN: equally priced homes
- Corcoran, Minneapolis, MN: equally priced homes
- Powderhorn Park, Minneapolis, MN: equally priced homes
- Cedar-Riverside, Minneapolis, MN: less expensive homes
- Elliot Park, Minneapolis, MN: higher priced homes
- Central, Minneapolis, MN: equally priced homes
- Stevens Square, Minneapolis, MN: equally priced homes
Neighborhoods with Similar Populations
- Northwest Arvada, Arvada, CO: higher priced homes
- Lind-Bohanon, Minneapolis, MN: less expensive homes
- Madison Park, Charlotte, NC: higher priced homes
- Mcbean, Hephzibah, GA: less expensive homes
- Memorial Square, Springfield, MA: less expensive homes
- Mt Vernon Park, Lawrence, MA: higher priced homes
- North Elevation, Billings, MT: higher priced homes
- North Hill, Des Moines, WA: higher priced homes
- North Park, Provo, UT: higher priced homes
- Lemonwood Eastmont, Oxnard, CA: higher priced homes
All Local Stats
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