Minneapolis, MN Real Estate Prices per Square Foot
Buy prices, rent prices, historical development and submitted values for Minneapolis, MN.
Average buy price
$245.00 / sqft
Typical residential purchase price per square foot.
Average rent
$2.20 / sqft / month
Monthly rent per square foot.
Median home price
$380,000
Estimated median residential sale price.
Median monthly rent
$1,525
Estimated median rent for the city.
Interactive estimate
Property price calculator
1. Property basics
2. Property details
3. Estimated value
Estimated purchase price
$0
This estimate uses the current city-level price per square foot. Property details are collected for future model improvements.
Historical price development
Buy price development
Buy prices have increased by about 33.5% over the last 5 years.
Rent price development
Rent prices have increased by about 8.8% over the last 5 years.
Submitted values in Minneapolis
This table includes recent submitted values and individual historical comparable values, so the local price development is easier to compare.
| Date | Type | Property | Price / sqft | Size | Total | Area |
|---|---|---|---|---|---|---|
| 2026-07-04 | Rent | townhouse | $1.94 / sqft | 1,640 sqft | $3,182 | Audubon Park 55418 |
| 2026-07-02 | Buy | single-family home | $193.00 / sqft | 1,420 sqft | $274,060 | Hawthorne 55411 |
| 2026-07-01 | Buy | duplex | $202.00 / sqft | 2,385 sqft | $481,770 | Midtown Phillips 55404 |
| 2026-06-27 | Rent | townhouse | $1.85 / sqft | 1,510 sqft | $2,794 | Longfellow 55406 |
| 2026-06-25 | Buy | single-family home | $238.00 / sqft | 1,740 sqft | $414,120 | Hale 55417 |
| 2026-06-21 | Rent | single-family home | $1.58 / sqft | 2,050 sqft | $3,239 | Page 55419 |
| 2026-06-20 | Rent | apartment | $1.74 / sqft | 575 sqft | $1,001 | Near North 55411 |
| 2026-06-17 | Rent | duplex | $1.52 / sqft | 1,360 sqft | $2,067 | Bancroft 55407 |
| 2026-06-16 | Rent | condo | $2.73 / sqft | 1,110 sqft | $3,030 | North Loop 55401 |
| 2026-06-16 | Buy | condo | $241.00 / sqft | 805 sqft | $194,005 | Loring Park 55403 |
| 2026-06-12 | Rent | luxury apartment | $3.08 / sqft | 760 sqft | $2,341 | North Loop 55401 |
| 2026-06-09 | Rent | loft | $2.52 / sqft | 940 sqft | $2,369 | Downtown East 55415 |
| 2026-06-09 | Buy | condo | $322.00 / sqft | 875 sqft | $281,750 | North Loop 55401 |
| 2026-06-05 | Rent | apartment | $1.96 / sqft | 685 sqft | $1,343 | Ventura Village 55404 |
| 2026-06-05 | Buy | duplex | $216.00 / sqft | 2,580 sqft | $557,280 | Whittier 55408 |
| 2026-06-04 | Buy | townhouse | $267.00 / sqft | 1,375 sqft | $367,125 | Nicollet Island-East Bank 55401 |
| 2026-06-04 | Buy | single-family home | $306.00 / sqft | 2,175 sqft | $665,550 | Fulton 55410 |
| 2026-06-03 | Rent | apartment | $2.55 / sqft | 620 sqft | $1,581 | Warehouse District 55401 |
| 2026-05-28 | Rent | apartment | $2.18 / sqft | 540 sqft | $1,177 | CARAG 55408 |
| 2026-05-24 | Rent | apartment | $2.09 / sqft | 705 sqft | $1,473 | Corcoran 55407 |
| 2026-05-23 | Rent | duplex | $1.70 / sqft | 1,245 sqft | $2,117 | Hiawatha 55406 |
| 2026-05-23 | Rent | apartment | $2.34 / sqft | 845 sqft | $1,977 | Elliot Park 55415 |
| 2026-05-23 | Rent | luxury apartment | $2.87 / sqft | 1,015 sqft | $2,913 | Lowry Hill 55403 |
| 2026-05-22 | Buy | condo | $279.00 / sqft | 980 sqft | $273,420 | Lowry Hill East 55408 |
| 2026-05-22 | Rent | condo | $2.46 / sqft | 930 sqft | $2,288 | Downtown East 55415 |
| 2026-05-18 | Buy | loft | $348.00 / sqft | 1,120 sqft | $389,760 | Mill District 55415 |
| 2026-05-17 | Rent | luxury apartment | $3.18 / sqft | 1,210 sqft | $3,848 | Downtown West 55401 |
| 2026-05-17 | Buy | duplex | $226.00 / sqft | 2,760 sqft | $623,760 | King Field 55409 |
| 2026-05-15 | Buy | single-family home | $222.00 / sqft | 1,665 sqft | $369,630 | Standish 55407 |
| 2026-05-13 | Buy | single-family home | $248.00 / sqft | 1,810 sqft | $448,880 | Cooper 55406 |
| 2026-05-12 | Rent | loft | $2.68 / sqft | 880 sqft | $2,358 | Mill District 55401 |
| 2026-05-11 | Buy | single-family home | $264.00 / sqft | 1,885 sqft | $497,640 | Tangletown 55419 |
| 2026-05-07 | Buy | single-family home | $205.00 / sqft | 1,515 sqft | $310,575 | Victory 55412 |
| 2026-05-05 | Buy | single-family home | $217.00 / sqft | 1,580 sqft | $342,860 | Northeast Park 55418 |
| 2026-05-05 | Rent | apartment | $2.41 / sqft | 610 sqft | $1,470 | Uptown 55408 |
| 2026-05-03 | Buy | condo | $297.00 / sqft | 1,065 sqft | $316,305 | Dinkytown 55414 |
| 2026-05-03 | Buy | multi-family home | $182.00 / sqft | 4,250 sqft | $773,500 | Powderhorn Park 55407 |
| 2026-05-03 | Buy | multi-family home | $174.00 / sqft | 3,650 sqft | $635,100 | Jordan 55411 |
| 2026-05-02 | Buy | single-family home | $198.00 / sqft | 1,345 sqft | $266,310 | Webber-Camden 55412 |
| 2026-05-01 | Rent | apartment | $1.82 / sqft | 790 sqft | $1,438 | Cleveland 55412 |
| 2026-04-27 | Buy | condo | $211.00 / sqft | 720 sqft | $151,920 | Phillips West 55404 |
| 2026-04-27 | Rent | apartment | $2.02 / sqft | 725 sqft | $1,465 | Marcy-Holmes 55414 |
| 2026-04-25 | Buy | townhouse | $254.00 / sqft | 1,585 sqft | $402,590 | Prospect Park 55414 |
| 2026-04-24 | Buy | single-family home | $332.00 / sqft | 2,420 sqft | $803,440 | Lynnhurst 55419 |
| 2026-04-18 | Rent | condo | $2.28 / sqft | 990 sqft | $2,257 | Stevens Square 55403 |
| 2026-04-16 | Rent | single-family home | $1.67 / sqft | 1,780 sqft | $2,973 | Northrop 55417 |
| 2026-04-16 | Rent | duplex | $1.78 / sqft | 1,180 sqft | $2,100 | Lyndale 55409 |
| 2026-04-15 | Buy | townhouse | $232.00 / sqft | 1,690 sqft | $392,080 | Seward 55406 |
| 2026-04-15 | Buy | single-family home | $286.00 / sqft | 1,960 sqft | $560,560 | Linden Hills 55410 |
| 2026-04-09 | Rent | townhouse | $2.06 / sqft | 1,425 sqft | $2,936 | Bryant 55409 |
| 2026-03-19 | Rent | apartment | $2.22 / sqft / month | 690 sqft | $1,532 | Uptown 55408 |
| 2026-02-12 | Buy | condo | $315.00 / sqft | 1,040 sqft | $327,600 | North Loop 55401 |
| 2025-07-31 | Rent | townhouse | $1.96 / sqft / month | 1,450 sqft | $2,842 | Seward 55406 |
| 2025-04-22 | Buy | single-family home | $285.00 / sqft | 2,050 sqft | $584,250 | Fulton 55410 |
| 2024-10-16 | Rent | condo | $2.32 / sqft / month | 930 sqft | $2,158 | Downtown East 55415 |
| 2024-06-27 | Buy | single-family home | $252.00 / sqft | 1,725 sqft | $434,700 | King Field 55409 |
| 2023-11-09 | Rent | apartment | $2.08 / sqft / month | 775 sqft | $1,612 | Loring Park 55403 |
| 2023-05-03 | Buy | duplex | $214.00 / sqft | 2,500 sqft | $535,000 | Whittier 55408 |
| 2022-08-18 | Rent | luxury apartment | $2.82 / sqft / month | 805 sqft | $2,270 | North Loop 55401 |
| 2022-04-14 | Buy | townhouse | $271.00 / sqft | 1,560 sqft | $422,760 | North Loop 55401 |
| 2021-09-02 | Rent | apartment | $2.04 / sqft / month | 705 sqft | $1,438 | Dinkytown 55414 |
| 2021-06-10 | Buy | single-family home | $236.00 / sqft | 1,840 sqft | $434,240 | Cooper 55406 |
| 2020-12-04 | Rent | single-family home | $1.34 / sqft / month | 1,700 sqft | $2,278 | Page 55417 |
| 2020-07-20 | Buy | condo | $245.00 / sqft | 920 sqft | $225,400 | Elliot Park 55415 |
| 2019-09-24 | Rent | loft | $2.12 / sqft / month | 860 sqft | $1,823 | Mill District 55401 |
| 2019-05-30 | Buy | single-family home | $218.00 / sqft | 1,950 sqft | $425,100 | Tangletown 55419 |
| 2018-10-13 | Rent | duplex | $1.36 / sqft / month | 1,200 sqft | $1,632 | Corcoran 55407 |
| 2018-04-17 | Buy | multi-family home | $169.00 / sqft | 3,200 sqft | $540,800 | Jordan 55411 |
| 2017-08-29 | Rent | apartment | $1.75 / sqft / month | 640 sqft | $1,120 | CARAG 55408 |
| 2017-06-19 | Buy | single-family home | $192.00 / sqft | 1,780 sqft | $341,760 | Hale 55417 |
| 2016-11-07 | Rent | townhouse | $1.44 / sqft / month | 1,420 sqft | $2,045 | Longfellow 55406 |
| 2016-05-02 | Buy | condo | $223.00 / sqft | 1,010 sqft | $225,230 | Lowry Hill 55403 |
| 2015-09-18 | Rent | luxury apartment | $2.05 / sqft / month | 790 sqft | $1,620 | North Loop 55401 |
| 2015-04-24 | Buy | single-family home | $201.00 / sqft | 2,100 sqft | $422,100 | Linden Hills 55410 |
| 2014-12-11 | Rent | apartment | $1.48 / sqft / month | 720 sqft | $1,066 | Powderhorn Park 55407 |
| 2014-06-06 | Buy | duplex | $151.00 / sqft | 2,460 sqft | $371,460 | Whittier 55408 |
| 2013-10-28 | Rent | condo | $1.55 / sqft / month | 910 sqft | $1,411 | Downtown East 55415 |
| 2013-05-09 | Buy | single-family home | $174.00 / sqft | 1,685 sqft | $293,190 | King Field 55419 |
| 2012-08-03 | Rent | apartment | $1.40 / sqft / month | 675 sqft | $945 | Loring Park 55403 |
| 2012-03-16 | Buy | townhouse | $158.00 / sqft | 1,510 sqft | $238,580 | Como 55414 |
| 2011-11-22 | Rent | duplex | $1.12 / sqft / month | 1,150 sqft | $1,288 | Lyndale 55409 |
| 2011-07-01 | Buy | single-family home | $132.00 / sqft | 1,870 sqft | $246,840 | Hiawatha 55406 |
| 2010-09-13 | Rent | loft | $1.62 / sqft / month | 840 sqft | $1,361 | Warehouse District 55401 |
| 2010-04-21 | Buy | condo | $137.00 / sqft | 890 sqft | $121,930 | Uptown 55408 |
| 2009-10-05 | Rent | single-family home | $0.98 / sqft / month | 1,550 sqft | $1,519 | Keewaydin 55417 |
| 2009-05-12 | Buy | single-family home | $124.00 / sqft | 1,600 sqft | $198,400 | Victory 55412 |
| 2008-12-17 | Rent | apartment | $1.18 / sqft / month | 730 sqft | $861 | Phillips West 55404 |
| 2008-09-30 | Buy | duplex | $116.00 / sqft | 2,380 sqft | $276,080 | Hawthorne 55411 |
| 2007-11-08 | Rent | apartment | $1.24 / sqft / month | 640 sqft | $794 | Prospect Park 55414 |
| 2007-06-15 | Buy | single-family home | $151.00 / sqft | 1,760 sqft | $265,760 | Bryant 55409 |
| 2006-08-25 | Rent | townhouse | $1.10 / sqft / month | 1,320 sqft | $1,452 | Audubon Park 55418 |
| 2006-04-03 | Buy | condo | $181.00 / sqft | 980 sqft | $177,380 | Lowry Hill 55403 |
| 2005-09-14 | Rent | luxury apartment | $1.55 / sqft / month | 760 sqft | $1,178 | North Loop 55401 |
| 2005-05-26 | Buy | single-family home | $168.00 / sqft | 2,040 sqft | $342,720 | Fulton 55410 |
| 2004-10-19 | Rent | duplex | $1.00 / sqft / month | 1,100 sqft | $1,100 | Bancroft 55407 |
| 2004-06-07 | Buy | townhouse | $154.00 / sqft | 1,450 sqft | $223,300 | Nicollet Island-East Bank 55401 |
| 2003-12-12 | Rent | apartment | $1.22 / sqft / month | 690 sqft | $842 | CARAG 55408 |
| 2003-04-29 | Buy | single-family home | $136.00 / sqft | 1,710 sqft | $232,560 | Cooper 55406 |
| 2002-09-23 | Rent | single-family home | $0.90 / sqft / month | 1,600 sqft | $1,440 | Northrop 55417 |
| 2002-06-18 | Buy | condo | $143.00 / sqft | 950 sqft | $135,850 | North Loop 55401 |
| 2001-11-02 | Rent | condo | $1.12 / sqft / month | 875 sqft | $980 | Elliot Park 55415 |
| 2001-05-04 | Buy | single-family home | $118.00 / sqft | 1,820 sqft | $214,760 | Tangletown 55419 |
| 2000-08-16 | Rent | apartment | $1.05 / sqft / month | 615 sqft | $646 | Stevens Square 55403 |
| 2000-03-08 | Buy | duplex | $89.00 / sqft | 2,300 sqft | $204,700 | Seward 55406 |
| 1999-10-21 | Rent | loft | $1.18 / sqft / month | 780 sqft | $920 | Warehouse District 55401 |
| 1999-06-11 | Buy | single-family home | $96.00 / sqft | 1,540 sqft | $147,840 | Standish 55407 |
| 1998-07-27 | Rent | townhouse | $0.82 / sqft / month | 1,250 sqft | $1,025 | Northeast Park 55418 |
| 1998-04-02 | Buy | condo | $112.00 / sqft | 910 sqft | $101,920 | Lowry Hill East 55408 |
| 1997-09-15 | Rent | apartment | $0.96 / sqft / month | 700 sqft | $672 | Downtown West 55401 |
| 1997-05-23 | Buy | single-family home | $107.00 / sqft | 1,900 sqft | $203,300 | Linden Hills 55410 |
| 1996-12-06 | Rent | duplex | $0.76 / sqft / month | 1,050 sqft | $798 | King Field 55409 |
| 1996-03-19 | Buy | townhouse | $91.00 / sqft | 1,320 sqft | $120,120 | Powderhorn Park 55407 |
| 1995-10-30 | Rent | apartment | $0.90 / sqft / month | 560 sqft | $504 | Marcy-Holmes 55414 |
| 1995-07-12 | Buy | single-family home | $83.00 / sqft | 1,680 sqft | $139,440 | Hale 55417 |
| 1994-08-09 | Rent | single-family home | $0.70 / sqft / month | 1,500 sqft | $1,050 | Longfellow 55406 |
| 1994-04-27 | Buy | condo | $74.00 / sqft | 820 sqft | $60,680 | Loring Park 55403 |
| 1993-11-18 | Rent | apartment | $0.86 / sqft / month | 720 sqft | $619 | Whittier 55408 |
| 1993-06-22 | Buy | duplex | $58.00 / sqft | 2,100 sqft | $121,800 | Near North 55411 |
| 1992-09-03 | Rent | apartment | $0.78 / sqft / month | 650 sqft | $507 | Ventura Village 55404 |
| 1992-05-14 | Buy | single-family home | $62.00 / sqft | 1,450 sqft | $89,900 | Cleveland 55412 |
Housing market overview for Minneapolis, MN
The real estate market in Minneapolis, MN can be compared more clearly by looking at price per square foot. Current estimates show an average buy price of $245.00 / sqft and an average rent of $2.20 / sqft / month.
Buyers can use the purchase price per square foot to compare homes, condos and apartments of different sizes. Renters can use monthly rent per square foot to compare different rental listings more accurately.
The reported values on this page show how prices can vary by neighborhood, property type, size and condition. Historical values help explain whether the local market has been rising, stable or cooling.
Frequently asked questions
What is the average home price per square foot in Minneapolis?
The average residential buy price in Minneapolis, MN is $245.00 / sqft based on the current values available on this page.
How much is rent per square foot in Minneapolis?
The average rental price in Minneapolis, MN is $2.20 / sqft / month. Actual rents can vary by neighborhood, property type and building quality.
Are property prices in Minneapolis increasing?
Buy prices have increased by about 33.5% over the last 5 years. Rent prices have increased by about 8.8% over the last 5 years. These 5-year trends are based on the available individual historical comparable values.