
Home Price Key
These days, finding an affordable place to live in the Midtown Phillips area can be challenging. Home prices in Midtown Phillips are now at a median cost of $191,073, lower than the Minneapolis average of $316,867.
The average cost of rent is $1,155/mo in Midtown Phillips, primarily driven by the current value of real estate in the Midtown Phillips area. While nearly 38.52% of residents own their homes outright in Midtown Phillips, 56.50% rent.
Housing affordability isn’t just about home prices, though. The average household income in Midtown Phillips is $4,504 per month. Households that rent pay about 25.65% of their income on rent here. Midtown Phillips's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Nearby Neighborhoods
- East Phillips, Minneapolis, MN: higher priced homes
- Phillips West, Minneapolis, MN: higher priced homes
- Ventura Village, Minneapolis, MN: higher priced homes
- Powderhorn Park, Minneapolis, MN: higher priced homes
- Central, Minneapolis, MN: higher priced homes
- Corcoran, Minneapolis, MN: higher priced homes
- Elliot Park, Minneapolis, MN: higher priced homes
- Whittier, Minneapolis, MN: higher priced homes
- Stevens Square, Minneapolis, MN: higher priced homes
- Cedar-Riverside, Minneapolis, MN: equally priced homes
Neighborhoods with Similar Populations
- Americana, Oak Ridge, FL: less expensive homes
- Casa Loma, Bakersfield, CA: equally priced homes
- Captain John Mullan, Missoula, MT: higher priced homes
- Webster, Orono, ME: equally priced homes
- Canton, Salisbury, MD: less expensive homes
- West Gate, Columbus, OH: less expensive homes
- Camp Curtin, Harrisburg, PA: less expensive homes
- Burnt Bridge Creek, Vancouver, WA: higher priced homes
- Brookhaven, Norman, OK: higher priced homes
- Broad Ripple, Indianapolis, IN: higher priced homes
All Local Stats
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