All 30 neighborhoods in Minneapolis ranked by cost of living index. Updated 2026.
| # | Neighborhood | 1BR Rent | Index | vs Avg |
|---|---|---|---|---|
| 1 | Brooklyn Park | $1,116/mo | 0.72x | -28% |
| 2 | Phillips | $1,162/mo | 0.75x | -25% |
| 3 | Powderhorn | $1,271/mo | 0.82x | -18% |
| 4 | Eagan | $1,271/mo | 0.82x | -18% |
| 5 | Dinkytown | $1,318/mo | 0.85x | -15% |
| 6 | Maple Grove | $1,318/mo | 0.85x | -15% |
| 7 | Seward | $1,364/mo | 0.88x | -12% |
| 8 | Bloomington | $1,364/mo | 0.88x | -12% |
| 9 | St. Paul (Downtown) | $1,395/mo | 0.90x | -10% |
| 10 | Nokomis | $1,395/mo | 0.90x | -10% |
| 11 | Prospect Park | $1,426/mo | 0.92x | -8% |
| 12 | Longfellow | $1,426/mo | 0.92x | -8% |
| 13 | Plymouth | $1,426/mo | 0.92x | -8% |
| 14 | Eden Prairie | $1,426/mo | 0.92x | -8% |
| 15 | Whittier | $1,472/mo | 0.95x | -5% |
| 16 | Minnetonka | $1,472/mo | 0.95x | -5% |
| 17 | St. Paul (Mac-Groveland) | $1,472/mo | 0.95x | -5% |
| 18 | St. Paul (Cathedral Hill) | $1,550/mo | 1.00x | Avg |
| 19 | St. Paul (Highland Park) | $1,581/mo | 1.02x | +2% |
| 20 | Southwest Minneapolis | $1,628/mo | 1.05x | +5% |
| 21 | Northeast (NE) | $1,674/mo | 1.08x | +8% |
| 22 | St. Paul (Summit Hill) | $1,674/mo | 1.08x | +8% |
| 23 | Uptown | $1,736/mo | 1.12x | +12% |
| 24 | Downtown Minneapolis | $1,829/mo | 1.18x | +18% |
| 25 | Lake Harriet | $1,829/mo | 1.18x | +18% |
| 26 | Lowry Hill | $1,860/mo | 1.20x | +20% |
| 27 | Linden Hills | $1,891/mo | 1.22x | +22% |
| 28 | North Loop | $1,938/mo | 1.25x | +25% |
| 29 | Edina | $1,984/mo | 1.28x | +28% |
| 30 | Kenwood | $2,015/mo | 1.30x | +30% |
Rent estimates based on city average of $1,550/mo adjusted by neighborhood cost index. Index 1.00 = city average.
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Open a Wise Account →The cheapest neighborhood in Minneapolis is Brooklyn Park, with an estimated 1-bedroom rent of $1,116/month — 28% below the city average.
The average 1-bedroom rent in Minneapolis is approximately $1,550/month. Rents range from $1,116/mo (Brooklyn Park) to $2,015/mo (Kenwood).
Our database covers 30 neighborhoods in Minneapolis, each with detailed cost-of-living and salary data.