Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Folwell area can be challenging. Home prices in Folwell are now at a median cost of $159,830, lower than the Minneapolis average of $316,867.
The average cost of rent is $1,309/mo in Folwell, primarily driven by the current value of real estate in the Folwell area. While nearly 15.94% of residents own their homes outright in Folwell, 33.75% rent.
Housing affordability isn’t just about home prices, though. The average household income in Folwell is $4,733 per month. Households that rent pay about 27.65% of their income on rent here. Folwell's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Nearby Neighborhoods
- Jordan, Minneapolis, MN: equally priced homes
- Hawthorne, Minneapolis, MN: equally priced homes
- Webber-Camden, Minneapolis, MN: higher priced homes
- Victory, Minneapolis, MN: higher priced homes
- Willard-Hay, Minneapolis, MN: higher priced homes
- Lind-Bohanon, Minneapolis, MN: equally priced homes
- Near North, Minneapolis, MN: higher priced homes
- Shingle Creek, Minneapolis, MN: higher priced homes
- Holland, Minneapolis, MN: higher priced homes
- North Loop, Minneapolis, MN: higher priced homes
Neighborhoods with Similar Populations
- Friendly Hills, Dakota Ridge, CO: higher priced homes
- Silver Valley Addition, Sioux Falls, SD: higher priced homes
- Shelby Center Historic District, Shelby, OH: less expensive homes
- Northeast Village, West Sacramento, CA: higher priced homes
- Jordan Meadows, Salt Lake City, UT: equally priced homes
- Houghton, Kirkland, WA: higher priced homes
- Highland, Billings, MT: higher priced homes
- Herlong, Jacksonville, FL: higher priced homes
- Gold Coast, Richland, WA: higher priced homes
- Skinker-Debaliviere, St. Louis, MO: higher priced homes
All Local Stats
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