Minneapolis, United States
Property prices · 2026 · Americas · Price +3.1% vs 2025
Property price trend in Minneapolis (2024–2026)
Property comparison — cities in United States (2026)
| City | Centre /sqm | Outside /sqm | 1-Bed Rent | vs Minneapolis |
|---|---|---|---|---|
| Minneapolis | USD 4,815 | USD 2,996 | USD 1,498 | — |
| New York | USD 19,795 | USD 11,235 | USD 3,745 | +311.1% |
| San Francisco | USD 17,976 | USD 10,486 | USD 3,424 | +273.3% |
| Seattle | USD 12,305 | USD 7,704 | USD 2,996 | +155.6% |
| Los Angeles | USD 12,305 | USD 8,025 | USD 2,996 | +155.6% |
| Boston | USD 10,914 | USD 6,848 | USD 2,782 | +126.7% |
| Washington DC | USD 10,165 | USD 6,313 | USD 2,568 | +111.1% |
| Miami | USD 9,095 | USD 5,885 | USD 2,675 | +88.9% |
| Austin | USD 7,704 | USD 4,815 | USD 2,033 | +60% |
Other Americas cities (2026)
Frequently asked questions
How much does property cost in Minneapolis in 2026?
In Minneapolis, the average price per sqm in the city centre is USD 4,815, and USD 2,996 outside the centre (2026 data). Prices have risen 7% since 2024.
How much is rent in Minneapolis in 2026?
A 1-bedroom apartment in Minneapolis rents for approximately USD 1,498 per month in 2026. A 3-bedroom apartment costs around USD 2,461/month.
Is it better to buy or rent in Minneapolis?
Buying and renting are roughly comparable in Minneapolis. The price-to-rent ratio is 16.0x — it would take approximately 16.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 7.00%.
What are mortgage rates in United States in 2026?
The average mortgage rate in United States is approximately 7.00% as of 2026. With a price-to-rent ratio of 16.0x, buyers should carefully weigh mortgage costs against rental savings.
How have property prices in Minneapolis changed?
Property prices in Minneapolis have changed +3.1% vs 2025. Since 2024, prices have increased by 7%. Use the year tabs above to compare prices across years.
What is the price per sqm in Minneapolis?
The average property price per square metre in Minneapolis city centre is USD 4,815 in 2026. Outside the centre, expect to pay around USD 2,996/sqm.