Affordable
Expensive
Expensive
Colorblind friendly
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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 $262,024, lower than the Minneapolis average of $397,223.
The average cost of rent is $1,520/mo in Midtown Phillips, primarily driven by the current value of real estate in the Midtown Phillips area. In Midtown Phillips, 60.94% of households rent, and 32.55% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Midtown Phillips is $5,297 per month. Households that rent pay about 28.70% of their income on rent here. Midtown Phillips’s most expensive areas are in the northeastern 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.
Nearby Neighborhoods
- East Phillips, Minneapolis, MN: higher priced homes
- Phillips West, Minneapolis, MN: equally priced homes
- Ventura Village, Minneapolis, MN: less expensive 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: equally priced homes
- Cedar-Riverside, Minneapolis, MN: equally priced homes
Neighborhoods with Similar Populations
- Americana, Oak Ridge, FL: equally priced homes
- Casa Loma, Bakersfield, CA: less expensive 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
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