Affordable
Expensive
Expensive
Colorblind friendly
off
These days, finding an affordable place to live in the Elliot Park area can be challenging. Home prices in Elliot Park are now at a median cost of $396,609, lower than the Minneapolis average of $397,223.
The average cost of rent is $1,079/mo in Elliot Park, primarily driven by the current value of real estate in the Elliot Park area. In Elliot Park, 78.48% of households rent, and 19.96% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Elliot Park is $5,884 per month. Households that rent pay about 18.34% of their income on rent here. Elliot Park’s most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Ventura Village, Minneapolis, MN: less expensive homes
- Downtown East, Minneapolis, MN: higher priced homes
- Downtown West, Minneapolis, MN: less expensive homes
- Stevens Square, Minneapolis, MN: less expensive homes
- Loring Park, Minneapolis, MN: less expensive homes
- Cedar-Riverside, Minneapolis, MN: less expensive homes
- Phillips West, Minneapolis, MN: less expensive homes
- Midtown Phillips, Minneapolis, MN: less expensive homes
- East Phillips, Minneapolis, MN: less expensive homes
- Whittier, Minneapolis, MN: less expensive homes
Neighborhoods with Similar Populations
- Crieve Hall, Nashville, TN: higher priced homes
- Walnut Orange Walsh, Waterbury, CT: less expensive homes
- Wooded Area, San Diego, CA: higher priced homes
- Blackstone, Providence, RI: higher priced homes
- Periwinkle, Albany, OR: less expensive homes
- Prattville, Chelsea, MA: higher priced homes
- Morrell Park, Baltimore, MD: less expensive homes
- Meadowdale, Lynnwood, WA: higher priced homes
- Mayfield, Ceres, CA: higher priced homes
- Saint Louis Hills, St. Louis, MO: less expensive homes
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