Cleveland, Minneapolis, MN
Cleveland — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Cleveland, Minneapolis, Minnesota. Explore the cited sources and local facts below while agent underwriting continues.
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Cleveland Neighborhood Overview
Cleveland is a residential neighborhood in Northeast Minneapolis, part of the city's 55412 ZIP code. It offers a quiet, community-focused atmosphere with convenient access to urban amenities. The neighborhood is characterized by its mix of single-family homes and multi-unit buildings.
Lifestyle & Amenities
Residents enjoy proximity to local parks and recreational spaces within the broader Northeast Minneapolis area. The neighborhood provides a primarily residential setting, with shopping and dining options available a short drive away on Central Avenue or in nearby commercial districts. Its location offers a balance of suburban calm and city accessibility.
Real Estate Market
The real estate market in Cleveland features relatively affordable homeownership opportunities within the Minneapolis city limits. According to U.S. Census data, the median home value in the area is $218,300. This represents a accessible price point for first-time homebuyers and investors looking at the North Minneapolis market.
Schools & Education
Cleveland is served by the Minneapolis Public Schools district. Families in the neighborhood have access to a variety of public school options, though specific school assignments are determined by the district. The area's educational landscape includes both neighborhood schools and citywide magnet programs.
Transportation & Connectivity
The neighborhood is well-connected by major roadways, including Broadway Street NE and Central Avenue, facilitating easy car travel into downtown Minneapolis and across the northern metro. Public transit service is provided by Metro Transit, with several bus lines running through the area connecting residents to broader transit networks.
Why Choose Cleveland
Cleveland appeals to those seeking an affordable, established neighborhood with a strong sense of community. With a median household income of $65,856, it offers a stable economic environment for residents. Its location provides the practicality of city living with the quieter pace of a residential enclave.
Cleveland Market Data
| Metric | Value |
|---|---|
| Median Home Price | $218K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $66K |
| Homeownership Rate | 71.7% |
| Renter-Occupied | 28.3% |
| Rental Vacancy Rate | 4.0% |
| Market Type | Seller's |
| Market Tier | Mid-Range |
| Primary ZIP Code | 55412 |
| 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 Cleveland, Minneapolis
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Cleveland, 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