Southwest Minneapolis, Minneapolis, MN
Southwest Minneapolis — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Southwest Minneapolis, Minneapolis, Minnesota. Explore the cited sources and local facts below while agent underwriting continues.
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Southwest Minneapolis Neighborhood Overview
Southwest Minneapolis is a diverse and established residential community within the city of Minneapolis, Minnesota. Centered around ZIP code 55421, it offers residents a balanced urban-suburban feel with convenient access to the wider metro area. The neighborhood is characterized by its mix of housing styles, local businesses, and community-focused atmosphere.
Lifestyle & Amenities
Residents enjoy a lifestyle supported by local commercial corridors featuring independent shops, restaurants, and essential services. The area provides access to community parks and recreational facilities for outdoor activities. Its location offers proximity to larger retail centers and the cultural attractions of downtown Minneapolis.
Real Estate Market
The real estate market in Southwest Minneapolis features a median home value of $241,500, with a price per square foot around $291.24. Homes spend an average of 41 days on the market, and the homeownership rate is a solid 60%. The median monthly rent in the area is $1,210.
Schools & Education
Southwest Minneapolis is served by the Minneapolis Public Schools district, which includes a variety of public elementary, middle, and high schools. Families in the area have access to different educational programs and school choices within the city. The neighborhood's median household income of $71,001 reflects a community that supports its local schools.
Transportation & Connectivity
The neighborhood is well-connected by major roadways, providing straightforward commutes to downtown Minneapolis and other employment centers. Public transportation options, including bus routes, serve the area for connectivity without a car. Its layout is generally bike-friendly and walkable for local errands.
Why Choose Southwest Minneapolis
Southwest Minneapolis appeals to those seeking an affordable, stable community within the city limits, evidenced by its 60% homeownership rate. It offers a practical blend of residential comfort and urban accessibility at a median home value below the city's broader average. The neighborhood represents a value-conscious choice for homebuyers and renters looking to live in Minneapolis.
Southwest 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 Southwest Minneapolis, Minneapolis
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Southwest 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