Elliot Park, Minneapolis, MN
Elliot Park — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Elliot Park, Minneapolis, Minnesota. Explore the cited sources and local facts below while agent underwriting continues.
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Elliot Park Neighborhood Overview
Elliot Park is a historic, centrally located neighborhood in Minneapolis, Minnesota, defined by its urban energy and green spaces. It sits just south of the downtown core, offering residents a convenient city lifestyle. The neighborhood is anchored by its namesake park and is adjacent to major institutions like the Hennepin County Medical Center.
Lifestyle & Amenities
Residents enjoy a walkable urban lifestyle with easy access to dining, entertainment, and essential services. The neighborhood's central park provides a green oasis for recreation and community events. Its proximity to downtown Minneapolis means world-class theaters, stadiums, and museums are just a short walk or transit ride away.
Real Estate Market
The Elliot Park housing market offers a mix of condominiums, apartments, and single-family homes, with a homeownership rate of 60%. The median home value is $241,500, with a typical price per square foot around $277. Properties spend an average of 98 days on the market, and the median monthly rent is $1,210.
Schools & Education
Elliot Park is served by the Minneapolis Public School District, providing families with various educational options. The neighborhood's central location also offers proximity to several higher education institutions. Families are encouraged to research specific school ratings and programs directly through the district.
Transportation & Connectivity
The neighborhood boasts excellent transit connectivity, with multiple bus lines and nearby light rail stations facilitating easy commutes. Its walkable street grid and bike-friendly infrastructure make getting around without a car convenient. Major freeways like I-35W and I-94 are immediately accessible for regional travel.
Why Choose Elliot Park
Elliot Park is ideal for those seeking an affordable, vibrant urban neighborhood with a strong sense of community. It offers the convenience of downtown living with a slightly more residential feel and access to park space. With a median household income of $71,001, it represents a value-conscious entry point into central Minneapolis.
Elliot Park Market Data
| Metric | Value |
|---|---|
| Median Home Price | $242K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $71K |
| Homeownership Rate | 60.4% |
| Renter-Occupied | 39.6% |
| Rental Vacancy Rate | 4.4% |
| Market Type | Balanced |
| Market Tier | Mid-Market |
| Primary ZIP Code | 55421 |
| 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 Elliot Park, Minneapolis
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Elliot Park, Minneapolis, MN. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
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