Promenade, Minneapolis, MN
Promenade — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Promenade, Minneapolis, Minnesota. Explore the cited sources and local facts below while agent underwriting continues.
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Promenade Neighborhood Overview
Promenade is a residential neighborhood located in the southwestern corner of Minneapolis, Minnesota. Characterized by its quiet, suburban-style streets, the area offers a peaceful retreat while remaining part of the vibrant city. It provides residents with a strong sense of community and convenient access to urban amenities.
Lifestyle & Amenities
The neighborhood features several local parks and green spaces ideal for recreation and relaxation. Residents enjoy proximity to major retail corridors, offering a variety of shopping and dining options. Its location provides easy access to the broader cultural and entertainment attractions of the Minneapolis metro area.
Real Estate Market
The housing market in Promenade consists primarily of single-family homes, many with spacious yards. According to U.S. Census data, the median home value in the area is $316,800. This positions the neighborhood as an attractive option for families and professionals seeking homeownership in Minneapolis.
Schools & Education
Promenade is served by the Minneapolis Public Schools district, which provides a range of educational options for families. The area is in close proximity to several higher education institutions in the Twin Cities. Families are encouraged to consult the district for specific school assignments and program offerings.
Transportation & Connectivity
The neighborhood is well-connected by major roadways, including Interstate 494 and Highway 62, facilitating easy commutes. Public transit options are available through Metro Transit bus services connecting residents to downtown Minneapolis and other key areas. Its southwestern location offers straightforward access to the Minneapolis-Saint Paul International Airport.
Why Choose Promenade
Promenade appeals to those seeking a quiet, family-friendly neighborhood with the benefits of city living. With a median household income of $71,664, the community represents a stable and comfortable economic environment. Its blend of residential charm, accessibility, and community feel makes it a compelling choice in Southwest Minneapolis.
Promenade Market Data
| Metric | Value |
|---|---|
| Median Home Price | $317K |
| Median Gross Rent | $2K/mo |
| Median Household Income | $72K |
| Homeownership Rate | 44.8% |
| Renter-Occupied | 55.2% |
| Rental Vacancy Rate | 7.8% |
| Market Type | Buyer's |
| Market Tier | Mid-Range |
| Primary ZIP Code | 55435 |
| 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 Promenade, Minneapolis
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Promenade, 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