Everything else equal, we can all agree that living in a cheaper place is better than living in a more expensive place.
I’d much rather pay $500/mo in rent than $1,000. And I’d rather pay $2 for coffee than $5.
And while every neighborhood in Minneapolis might be more expensive than living in rural Minnesota, there are certain neighborhoods that are definitely cheaper.
What exactly are those Minneapolis neighborhoods where your dollar goes a little further — you can get that one bedroom instead of the studio?
Instead of relying on public opinion and speculation, we wanted to get the facts straight and determine which neighborhoods in Minneapolis are the cheapest using Saturday Night Science.
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The receipts
Compare the top ten
Pick a metric. The bars rescale. The red line is Minnesota’s statewide median.
Saturday Night Science
Methodology: How we determined the cheapest Minneapolis hoods in 2026
To rank the cheapest places to live in Minneapolis, we had to determine what criteria define “cheap” and then apply Saturday Night Science.
Using Census and extrapolated BLS data, we arrived at the following set of criteria:
- Overall Cost Of Living
- Rent To Income Ratio
- Median Home Value To Income Ratio
We then ranked each neighborhood with scores from 1 to 82 in each category, where 1 was the cheapest.
Next, we averaged the rankings for each neighborhood to create a cheap neighborhood index.
And finally, we crowned the neighborhood with the lowest cheapest neighborhood index, the “Cheapest City Neighborhood In Minneapolis.” We’re lookin’ at you, Northrup.
We updated this article for 2026. Skip to the end to see the list of all the neighborhoods in the city, from cheapest to most expensive.
The full plate
Detailed list of the cheapest neighborhoods to live in Minneapolis for 2026
Click any column to sort. Search by neighborhood name.
| Rank | Neighborhood | Cost Of Living Index |
|---|---|---|
| 1 | Northrup | 105 |
| 2 | Morris Park | 103 |
| 3 | Bryant | 104 |
| 4 | Howe | 104 |
| 4 | Keewaydin | 107 |
| 4 | Wenonah | 103 |
| 7 | Shingle Creek | 97 |
| 8 | Victory | 102 |
| 9 | Bancroft | 104 |
| 10 | Standish | 104 |
| 11 | Diamond Lake | 110 |
| 12 | Sumner-Glenwood | 102 |
| 13 | Hale | 120 |
| 14 | St Anthony East | 108 |
| 15 | Waite Park | 106 |
| 16 | McKinley | 94 |
| 17 | Corcoran | 106 |
| 18 | Minnehaha | 105 |
| 19 | Hawthorne | 94 |
| 20 | Field | 110 |
| 21 | Jordan | 96 |
| 22 | Audubon Park | 107 |
| 22 | Windom Park | 108 |
| 24 | Cooper | 109 |
| 25 | Longfellow | 104 |
| 26 | Beltrami | 102 |
| 27 | Folwell | 97 |
| 27 | Regina | 109 |
| 29 | Lowry Hill | 126 |
| 30 | Cleveland | 102 |
| 31 | Armatage | 119 |
| 32 | Willard Hay | 97 |
| 33 | Lynnhurst | 145 |
| 34 | Fulton | 139 |
| 35 | Kingfield | 113 |
| 36 | Page | 129 |
| 36 | Harrison | 100 |
| 38 | Seward | 104 |
| 38 | Downtown West | 107 |
| 40 | Ericsson | 113 |
| 41 | Fuller Tangletown | 133 |
| 41 | Linden Hills | 133 |
| 43 | Central | 106 |
| 44 | Midtown Phillips | 100 |
| 45 | Lind-Bohanon | 97 |
| 46 | Bryn Mawr | 121 |
| 46 | Stevens Square | 89 |
| 48 | Northeast Park | 105 |
| 49 | Windom | 111 |
| 50 | Powderhorn Park | 104 |
| 51 | Sheridan | 107 |
| 52 | Hiawatha | 111 |
| 52 | St Anthony West | 115 |
| 54 | East Bank-Nicollet Island | 136 |
| 54 | Holland | 103 |
| 56 | East Phillips | 100 |
| 56 | Southeast Como | 105 |
| 58 | Kenwood | 174 |
| 59 | East Harriet | 129 |
| 60 | Loring Park | 106 |
| 61 | Phillips West | 100 |
| 62 | Webber-Camden | 98 |
| 63 | Lyndale | 108 |
| 64 | Marshall Terrace | 101 |
| 65 | Near North | 100 |
| 66 | Bottineau | 107 |
| 66 | Cedar-Riverside | 95 |
| 68 | Cedar-Isles-Dean | 156 |
| 69 | Ventura Village | 100 |
| 70 | North Loop | 123 |
| 71 | Columbia Park | 110 |
| 72 | Calhoun | 112 |
| 72 | Whittier | 107 |
| 74 | East Calhoun | 151 |
| 75 | Logan Park | 111 |
| 76 | East Isles | 137 |
| 77 | West Calhoun | 135 |
| 78 | Lowry Hill East | 114 |
| 79 | Downtown East | 148 |
| 80 | Elliot Park | 107 |
| 81 | Marcy Holmes | 117 |
| 82 | Prospect Park | 131 |
Source: U.S. Census ACS 2020-2024. All 82 Minneapolis neighborhoods.
Summary
Summary: Lowest cost places to live in Minneapolis
If you’re measuring the neighborhoods in Minneapolis where prices are low, and it’s cheap to live, this is an accurate list.
The most affordable neighborhoods in Minneapolis are Northrup, Morris Park, Bryant, Howe, Keewaydin, Wenonah, Shingle Creek, Victory, Bancroft, and Standish.
As mentioned earlier, the neighborhoods in Minneapolis aren’t all cheap. Prospect Park takes the title of the most expensive neighborhood to live in Minneapolis.
We ranked the neighborhoods from cheapest to most expensive in the chart below. Not sold on Minnesota? Take the two-minute Find Your Place quiz and see which state actually fits you.
Questions and answers
Cheapest Neighborhoods In Minneapolis FAQs
What is the cheapest neighborhood in Minneapolis?
Northrup is the cheapest neighborhood in Minneapolis for 2026. It posts the best combination of overall cost of living, rent against income, and home prices against income. Morris Park and Bryant are next.
What are the cheapest neighborhoods in Minneapolis?
The cheapest neighborhoods in Minneapolis are Northrup, Morris Park, Bryant, Howe, Keewaydin, Wenonah, Shingle Creek, Victory, Bancroft, and Standish. We ranked all 82 neighborhoods in the city.
How do you decide which neighborhoods are cheapest?
Three measures: an overall cost of living index, rent-to-income, and home-value-to-income, all from Census tract data. Scoring costs against local incomes keeps one luxury tower from skewing the math.
Is a cheap neighborhood a bad neighborhood?
Not necessarily — this ranking measures what things cost relative to income, nothing else. Check our safest neighborhoods in Minneapolis ranking before you sign a lease, because cheap and safe are separate questions.
What is the most expensive neighborhood in Minneapolis?
Prospect Park lands at the expensive end of the 82 neighborhoods we scored. If your budget disagrees with it, the rest of the list runs cheaper.
