Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the North Loop area can be challenging. Home prices in North Loop are now at a median cost of $446,193, higher than the Minneapolis average of $316,867.
The average cost of rent is $1,785/mo in North Loop, primarily driven by the current value of real estate in the North Loop area. While nearly 28.56% of residents own their homes outright in North Loop, 68.13% rent.
Housing affordability isn’t just about home prices, though. The average household income in North Loop is $9,154 per month. Households that rent pay about 19.49% of their income on rent here. North Loop's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Nearby Neighborhoods
- Downtown West, Minneapolis, MN: less expensive homes
- Near North, Minneapolis, MN: less expensive homes
- Loring Park, Minneapolis, MN: less expensive homes
- Downtown East, Minneapolis, MN: higher priced homes
- Elliot Park, Minneapolis, MN: less expensive homes
- Harrison, Minneapolis, MN: less expensive homes
- Stevens Square, Minneapolis, MN: less expensive homes
- Hawthorne, Minneapolis, MN: less expensive homes
- Marcy Holmes, Minneapolis, MN: less expensive homes
- Lowry Hill, Minneapolis, MN: higher priced homes
Neighborhoods with Similar Populations
- The Vistas, Las Vegas, NV: equally priced homes
- Fairview, Anchorage, AK: less expensive homes
- Floresta Gardens-Bradrick, San Leandro, CA: higher priced homes
- Franklin Randolph, Boise, ID: less expensive homes
- Irvine Health and Science Complex, Irvine, CA: higher priced homes
- Kensington, Kansas City, KS: less expensive homes
- Alta Vista, San Diego, CA: equally priced homes
- Mt. Park, Lake Oswego, OR: higher priced homes
- Old Mountain View, Mountain View, CA: higher priced homes
- Park Avenue, Rochester, NY: less expensive homes
All Local Stats
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