Northeast Minneapolis, Minneapolis, MN
Northeast Minneapolis — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Northeast Minneapolis, Minneapolis, Minnesota. Explore the cited sources and local facts below while agent underwriting continues.
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Northeast Minneapolis Neighborhood Overview
Northeast Minneapolis, often called "Nordeast," is a historic and vibrant neighborhood in Minneapolis, Minnesota, centered around ZIP code 55421. Known for its strong sense of community and artistic energy, it blends old-world charm with a modern, creative spirit. The area is defined by its tree-lined streets, classic homes, and a thriving local business scene.
Lifestyle & Amenities
Northeast Minneapolis is a cultural hub, famous for its concentration of artist studios, galleries, and eclectic breweries. Residents enjoy a dynamic mix of dining options, from traditional Eastern European eateries to innovative new restaurants. The neighborhood also offers numerous parks along the Mississippi River and a bustling calendar of community events and festivals.
Real Estate Market
The real estate market in Northeast Minneapolis features a median home value of $241,500, with a price per square foot around $222.32. Homes typically sell after an average of 34 days on the market, and about 60% of residents are homeowners. Rental options are also available, with a median monthly rent of $1,210.
Schools & Education
Northeast Minneapolis is served by the Minneapolis Public Schools district, which provides a range of educational options for families. The area is home to several community-focused public schools, as well as nearby charter and private institutions. Families are encouraged to research specific schools and programs to find the best fit.
Transportation & Connectivity
The neighborhood offers good connectivity with multiple major bus routes providing access to downtown Minneapolis and other parts of the city. Its street grid layout and bike-friendly avenues make getting around by car, bicycle, or foot relatively easy. While not directly served by light rail, several key transit corridors run through or near the area.
Why Choose Northeast Minneapolis
With a median household income of $71,001, Northeast Minneapolis offers an appealing balance of affordability and urban amenities. It attracts those seeking an authentic, walkable community with a distinct artistic identity and deep-rooted history. The strong homeownership rate reflects a stable, invested community where residents take pride in their unique corner of the city.
Northeast Minneapolis 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 Northeast Minneapolis, Minneapolis
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Northeast Minneapolis, 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