The Most Affordable Neighborhoods in Hawthorne, Minneapolis, MN by Home Value

 

Hawthorne, Minneapolis, MN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Hawthorne area can be challenging. Home prices in Hawthorne are now at a median cost of $220,844, lower than the Minneapolis average of $397,223.

The average cost of rent is $1,313/mo in Hawthorne, primarily driven by the current value of real estate in the Hawthorne area. In Hawthorne, 57.27% of households rent, and 19.04% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Hawthorne is $4,614 per month. Households that rent pay about 28.45% of their income on rent here. Hawthorne’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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