Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Powderhorn Park area can be challenging. Home prices in Powderhorn Park are now at a median cost of $325,805, lower than the Minneapolis average of $397,223.
The average cost of rent is $1,377/mo in Powderhorn Park, primarily driven by the current value of real estate in the Powderhorn Park area. In Powderhorn Park, 46.11% of households rent, and 27.31% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Powderhorn Park is $5,917 per month. Households that rent pay about 23.27% of their income on rent here. Powderhorn Park’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Central, Minneapolis, MN: equally priced homes
- Corcoran, Minneapolis, MN: equally priced homes
- Bancroft, Minneapolis, MN: equally priced homes
- Midtown Phillips, Minneapolis, MN: less expensive homes
- East Phillips, Minneapolis, MN: equally priced homes
- Standish, Minneapolis, MN: equally priced homes
- Phillips West, Minneapolis, MN: less expensive homes
- Lyndale, Minneapolis, MN: higher priced homes
- Northrup, Minneapolis, MN: higher priced homes
- Ventura Village, Minneapolis, MN: less expensive homes
Neighborhoods with Similar Populations
- Behind The Rocks, Hartford, CT: less expensive homes
- Ysleta Mission Valley, El Paso, TX: less expensive homes
- Wedgewood, Charlotte, NC: equally priced homes
- University City North, Charlotte, NC: equally priced homes
- Southwest Detroit, Detroit, MI: less expensive homes
- Old San Leandro, San Leandro, CA: higher priced homes
- Mid Central, Pasadena, CA: higher priced homes
- Georgian Acres, Austin, TX: equally priced homes
- Gentilly Terrace, New Orleans, LA: less expensive homes
- Gateway West, Sacramento, CA: higher priced homes
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