The Most Affordable Neighborhoods in Lind-Bohanon, Minneapolis, MN by Home Value

 

Lind-Bohanon, Minneapolis, MN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Lind-Bohanon area can be challenging. Home prices in Lind-Bohanon are now at a median cost of $244,990, lower than the Minneapolis average of $397,223.

The average cost of rent is $1,153/mo in Lind-Bohanon, primarily driven by the current value of real estate in the Lind-Bohanon area. In Lind-Bohanon, 24.86% of households rent, and 24.08% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Lind-Bohanon is $7,107 per month. Households that rent pay about 16.22% of their income on rent here. Lind-Bohanon’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern 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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