Most Expensive Neighborhoods in Minneapolis

All 30 neighborhoods in Minneapolis ranked by cost of living index. Updated 2026.

Highest Rent

$2,015/mo

City Avg Rent

$1,550/mo

Neighborhoods

Most Expensive Neighborhoods in Minneapolis — Full Rankings

#	Neighborhood	1BR Rent	Index	vs Avg
1	Kenwood	$2,015/mo	1.30x	+30%
2	Edina	$1,984/mo	1.28x	+28%
3	North Loop	$1,938/mo	1.25x	+25%
4	Linden Hills	$1,891/mo	1.22x	+22%
5	Lowry Hill	$1,860/mo	1.20x	+20%
6	Downtown Minneapolis	$1,829/mo	1.18x	+18%
7	Lake Harriet	$1,829/mo	1.18x	+18%
8	Uptown	$1,736/mo	1.12x	+12%
9	Northeast (NE)	$1,674/mo	1.08x	+8%
10	St. Paul (Summit Hill)	$1,674/mo	1.08x	+8%
11	Southwest Minneapolis	$1,628/mo	1.05x	+5%
12	St. Paul (Highland Park)	$1,581/mo	1.02x	+2%
13	St. Paul (Cathedral Hill)	$1,550/mo	1.00x	Avg
14	Whittier	$1,472/mo	0.95x	-5%
15	Minnetonka	$1,472/mo	0.95x	-5%
16	St. Paul (Mac-Groveland)	$1,472/mo	0.95x	-5%
17	Prospect Park	$1,426/mo	0.92x	-8%
18	Longfellow	$1,426/mo	0.92x	-8%
19	Plymouth	$1,426/mo	0.92x	-8%
20	Eden Prairie	$1,426/mo	0.92x	-8%
21	St. Paul (Downtown)	$1,395/mo	0.90x	-10%
22	Nokomis	$1,395/mo	0.90x	-10%
23	Seward	$1,364/mo	0.88x	-12%
24	Bloomington	$1,364/mo	0.88x	-12%
25	Dinkytown	$1,318/mo	0.85x	-15%
26	Maple Grove	$1,318/mo	0.85x	-15%
27	Powderhorn	$1,271/mo	0.82x	-18%
28	Eagan	$1,271/mo	0.82x	-18%
29	Phillips	$1,162/mo	0.75x	-25%
30	Brooklyn Park	$1,116/mo	0.72x	-28%

Rent estimates based on city average of $1,550/mo adjusted by neighborhood cost index. Index 1.00 = city average.

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The most expensive neighborhood in Minneapolis is Kenwood, with an estimated 1-bedroom rent of $2,015/month — 30% above the city average.

Kenwood is approximately 30% more expensive than the Minneapolis average. 1-bedroom rent is $2,015/mo vs $1,550/mo city-wide.

Our database covers 30 neighborhoods in Minneapolis, each with detailed cost-of-living and salary data.