
Home Price Key
These days, finding an affordable place to live in the Near North area can be challenging. Home prices in Near North are now at a median cost of $217,124, lower than the Minneapolis average of $316,867.
The average cost of rent is $920/mo in Near North, primarily driven by the current value of real estate in the Near North area. While nearly 13.83% of residents own their homes outright in Near North, 70.46% rent.
Housing affordability isn’t just about home prices, though. The average household income in Near North is $3,157 per month. Households that rent pay about 29.14% of their income on rent here. Near North's most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Nearby Neighborhoods
- Willard-Hay, Minneapolis, MN: equally priced homes
- Harrison, Minneapolis, MN: equally priced homes
- North Loop, Minneapolis, MN: higher priced homes
- Hawthorne, Minneapolis, MN: less expensive homes
- Jordan, Minneapolis, MN: less expensive homes
- Downtown West, Minneapolis, MN: higher priced homes
- Loring Park, Minneapolis, MN: equally priced homes
- Lowry Hill, Minneapolis, MN: higher priced homes
- Folwell, Minneapolis, MN: less expensive homes
- Stevens Square, Minneapolis, MN: equally priced homes
Neighborhoods with Similar Populations
- Southwest Hills, Portland, OR: higher priced homes
- Eagledale, Indianapolis, IN: less expensive homes
- Elmwood Area, Abilene, TX: less expensive homes
- Fairpark, Salt Lake City, UT: equally priced homes
- Farm Pond, Charlotte, NC: less expensive homes
- Fox Hills, Culver City, CA: higher priced homes
- Foxcroft, Charlotte, NC: higher priced homes
- Gardenside-Colony, Lexington, KY: less expensive homes
- Greenville, Scarsdale, NY: higher priced homes
- Matthews Beach, Seattle, WA: higher priced homes
All Local Stats
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