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Property prices in the Minnesota

Hello everyone,

Finding affordable housing in the Minnesota is number one priority for newcomers. Tell us more about the estate market in your district/city/region.

What are the most desired places to live? What are the most affordable ones? What is the average cost of a rented flat? And what is the average sale price for an appartment or a house? Could you tell us more about local real estate policies/procedures? What about property tax or residency tax in the Minnesota?

What about you? Where do you live now? Is it a place you would recommend?

Thank you in advance for your clarifications.

Priscilla

Well, Minneapolis is like most cities. There is a wide variation in prices. Mpls. is pretty high in the rental/ buy market. For Mpls., the most desirable area are S. Mpls. and SW Mpls. Smaller homes typically go for 250 K, and the larger ones up to, and over a million.  Hard to find a 2 bedroom apartment for less than $1,500 a month.
Of course, Mpls. is known as The City of Lakes. In my location, I am surrounded by 2 lakes and a golf course. Beautiful city, albeit a tad speedy. Taxes are high !

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