What are the hidden costs of living in Minneapolis?

Parking permits and on‑street parking fees Higher property taxes in Minneapolis Elevated utility and maintenance costs for older condos

What is the median home price in Minneapolis?

The median home price in Minneapolis is approximately $396,500.

Is Minneapolis walkable?

Minneapolis has a Walk Score of 95 out of 100. It is considered very walkable.

What are the downsides of living in Minneapolis?

High cost of living and tight housing market Nighttime noise from bars and traffic Moderate violent crime in some blocks Limited parking in the core

How are the schools in Minneapolis?

Minneapolis has a school rating of 9/10. Schools are highly rated.

What is the commute like from Minneapolis?

The average commute from Minneapolis to Minneapolis, MN is approximately 2 minutes.

Minneapolis, MN

Minneapolis · Hennepin County · MN 55401

Updated August 3, 2026 · Would You Live There?

Settle here

Verdict

$397K

Median Price

95/100

Walk Score

9/10

Schools

2 min

to Minneapolis, MN

Score Breakdown

BAffordability

78/100

D+Safety

55/100

ASchools

90/100

DQuietness

40/100

ACommute

100/100

AWalkability

95/100

WYLT Score76/100

Our Take

This neighborhood is a solid pick for people who want a walkable, transit‑friendly downtown experience with good schools and low flood risk. It’s a bit pricey and has some noise and crime concerns, but the amenities outweigh the negatives.

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The Good

✓Excellent walkability (Walk Score 93)
✓Top‑notch public transit (Transit Score 93)
✓High‑rated local schools (avg 5.7)
✓Low flood risk (Zone X)

Real Talk

!High cost of living and tight housing market
!Nighttime noise from bars and traffic
!Moderate violent crime in some blocks
!Limited parking in the core
$Parking permits and on‑street parking fees
$Higher property taxes in Minneapolis
$Elevated utility and maintenance costs for older condos

Best For

young professionalscommuters to downtownstudentsfoodiesfamilies with kids

Risk Snapshot

Flood riskLow

Violent crimeModerate

Property crimeModerate

Air qualityModerate

Price volatilityModerate

Crime & Safety

Minneapolis, MN

D+

Safety grade

Safety score55 / 100

High riskVery safe

⚠️Violent Crime

Moderate

3.9incidents / 1,000 residents / yr

0Natl avg (3.7)11+

5% higher than the national average

🔒Property Crime

Moderate

19.8incidents / 1,000 residents / yr

0Natl avg (19.5)59+

2% higher than the national average

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Minneapolis, MN

Minneapolis, MN

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