The Most Affordable Neighborhoods in Lowry Hill East, Minneapolis, MN by Home Value

 

Lowry Hill East, Minneapolis, MN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Lowry Hill East area can be challenging. Home prices in Lowry Hill East are now at a median cost of $389,729, higher than the Minneapolis average of $316,867.

The average cost of rent is $1,459/mo in Lowry Hill East, primarily driven by the current value of real estate in the Lowry Hill East area. While nearly 16.52% of residents own their homes outright in Lowry Hill East, 88.62% rent.

Housing affordability isn’t just about home prices, though. The average household income in Lowry Hill East is $5,684 per month. Households that rent pay about 25.67% of their income on rent here. Lowry Hill East's most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the neighborhood.


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