Home values, rents and more in Minneapolis, MN
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07
Open Minneapolis in ProMap- Under $290k
- $290k–$340k
- $340k–$370k
- $370k–$460k
- $460k+
- No data
How Minneapolis compares
The typical home in Minneapolis, MN is worth about $328,000, according to the Zillow Home Value Index for September 2026. Home values in Minneapolis are 15% below the typical value in the Minneapolis metro area ($388,000) and 10% below the U.S. typical value ($366,000).
Over the past year, home values in Minneapolis rose 0.7%, compared with +1.7% in the Minneapolis metro area and +1.2% nationally.
Typical rent is $1,747 a month (Zillow Observed Rent Index), about the same as the Minneapolis metro area ($1,736) and 10% below the U.S. ($1,932). Rents rose 3.1% over the past year.
The median household income is $80,846, against $99,833 in the Minneapolis metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 427,246 people live in Minneapolis (American Community Survey 2020–24).
Minneapolis has the 36th-lowest typical home value of the 203 cities in the Minneapolis metro area and the 260th-highest of 675 in Minnesota with Zillow figures.
Part of: Hennepin County, MN · Minneapolis metro area · Minnesota
More for Minneapolis in ProMap Plus
These measures are on the map for subscribers. Open ProMap to see them for Minneapolis and every other place.
- 5- and 10-year price changes
- Days on market and months of supply
- Price cuts and sale-to-list ratio
- Price-to-income and monthly cost to buy
- Crime rates
- Homeowners insurance premiums
- Commute time to downtown
- Flood, wildfire and natural hazard risk
- Property-tax rate
- 2024 presidential vote
- Age, education and household make-up
- Amenities and transit nearby
Nearby cities
ZIP codes in Minneapolis, MN
- 55401 · Minneapolis $303,000
- 55403 · Minneapolis $195,000
- 55404 · Minneapolis $236,000
- 55405 · Minneapolis $463,000
- 55406 · Minneapolis $343,000
- 55407 · Minneapolis $312,000
- 55408 · Minneapolis $287,000
- 55409 · Minneapolis $373,000
- 55410 · Minneapolis $596,000
- 55411 · Minneapolis $241,000
- 55412 · Minneapolis $232,000
- 55413 · Minneapolis $324,000
- 55414 · Minneapolis $339,000
- 55415 · Minneapolis $357,000
- 55417 · Minneapolis $374,000
- 55418 · Minneapolis $349,000
- 55419 · Minneapolis $497,000
- 55454 · Minneapolis $145,000
Sources
Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.
"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.