Cedar-Riverside, Minneapolis, MN
Cedar-Riverside — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Cedar-Riverside, Minneapolis, Minnesota. Explore the cited sources and local facts below while agent underwriting continues.
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Cedar-Riverside Neighborhood Overview
Cedar-Riverside is a historic and culturally rich neighborhood in Minneapolis, Minnesota, located directly west of the Mississippi River. It is famously known as the heart of the city's Somali community and is adjacent to the University of Minnesota's East Bank campus. This creates a dynamic environment where academic energy, immigrant heritage, and historic architecture intersect.
Lifestyle & Amenities
The neighborhood offers a vibrant lifestyle centered around cultural institutions, diverse dining, and green spaces. Residents enjoy proximity to the West Bank Theater District, the Cedar Cultural Centre, and a wide array of authentic East African restaurants and cafes. The nearby Mississippi River and Riverside Park provide scenic outdoor recreation just steps from the urban core.
Real Estate Market
The real estate market in Cedar-Riverside is characterized by its affordability relative to much of Minneapolis. According to U.S. Census data, the median home value in the area is $150,700. The housing stock includes a mix of historic apartment buildings, newer affordable housing developments, and some single-family homes.
Schools & Education
Cedar-Riverside is served by the Minneapolis Public School District. Its immediate adjacency to the University of Minnesota's East Bank campus provides a strong academic atmosphere and access to university libraries and events. Several community organizations in the neighborhood also offer educational and cultural programs.
Transportation & Connectivity
The neighborhood is a major transit hub, offering exceptional connectivity via Metro Transit light rail and bus lines. The Cedar-Riverside Station on the Blue and Green Lines provides direct access to downtown Minneapolis, the airport, and Mall of America. Its walkable, grid-like streets and proximity to downtown and the university make commuting easy without a car.
Why Choose Cedar-Riverside
Choose Cedar-Riverside for its unparalleled cultural vibrancy, historic character, and exceptional access to transit and major employment centers. It is ideal for students, artists, and those seeking an affordable, connected urban lifestyle immersed in a globally influenced community. The neighborhood offers a truly unique and authentic piece of Minneapolis.
Cedar-Riverside Market Data
| Metric | Value |
|---|---|
| Median Home Price | $151K |
| Median Gross Rent | $768/mo |
| Median Household Income | $25K |
| Homeownership Rate | 9.8% |
| Renter-Occupied | 90.2% |
| Rental Vacancy Rate | 3.0% |
| Market Type | Seller's |
| Market Tier | Affordable |
| Primary ZIP Code | 55454 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 148,162 |
| VA Loan Originations | 5,773 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $316K |
| Conventional Loan Originations | 131,728 |
| FHA Loan Originations | 10,661 |
Top Real Estate Agents in Cedar-Riverside, Minneapolis
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Cedar-Riverside, Minneapolis, MN. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Minnesota Department of Commerce — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12