Hunting for hidden gems in Minnesota’s real estate market? This exclusive analysis draws from the Zillow Home Value Index to reveal the 25 most budget-friendly neighborhoods across the North Star State as of February 2025. You’ll discover a surprising pattern emerging from the data – these affordable havens are primarily clustered in just a handful of cities, with Duluth, Minneapolis, Edina, and Saint Cloud claiming the majority of spots on our list.
You might be surprised to find several Edina neighborhoods among the most affordable in Minnesota, as the city is typically known for luxury real estate. This contradiction highlights the importance of examining neighborhood-level data rather than city-wide averages. The presence of neighborhoods like Parklawn and Edinborough suggests pockets of affordability even within traditionally high-value cities.
When you examine the growth trends, you’ll observe that many of these affordable neighborhoods have experienced substantial appreciation since 2010, with some neighborhoods seeing values more than double over this 15-year period. Yet interestingly, a few Minneapolis neighborhoods (Stevens Square, Loring Park, and Whittier) actually decreased in value between 2020 and 2025, possibly reflecting changing urban preferences in the post-pandemic landscape.
25. McKinley & Railroad Parks (Saint Cloud)
- 2025 Value: $193,861.05
- 2020 Value: $134,202.32
- 2015 Value: $98,080.07
- 2010 Value: Not Available
- % Change 2010-2025: Not Available
- % Change 2015-2025: 97.66%
- % Change 2020-2025: 44.45%
Topping our list, McKinley & Railroad Parks in Saint Cloud commands the highest price point among our affordable Minnesota neighborhood rankings. You’ll discover substantial growth in this neighborhood, with property values nearly doubling over the past decade, increasing 97.66% from $98,080 in 2015 to $193,861 in 2025. Recent appreciation has been particularly strong with a 44.45% increase just since 2020, suggesting rapidly growing demand.
24. Downtown (Rochester)
- 2025 Value: $192,358.55
- 2020 Value: $163,073.09
- 2015 Value: $93,796.03
- 2010 Value: $93,234.80
- % Change 2010-2025: 106.32%
- % Change 2015-2025: 105.08%
- % Change 2020-2025: 17.96%
At the heart of Minnesota’s third-largest city, Downtown Rochester offers surprising affordability near the world-famous Mayo Clinic. You can observe that property values remained nearly flat between 2010-2015 before surging dramatically in the following years. The overall growth of 106.32% since 2010 has seen values more than double from $93,234 to $192,358.
23. Denfeld (Duluth)
- 2025 Value: $192,171.09
- 2020 Value: $131,447.05
- 2015 Value: $92,432.20
- 2010 Value: $99,905.70
- % Change 2010-2025: 92.35%
- % Change 2015-2025: 107.90%
- % Change 2020-2025: 46.20%
Named after the high school serving western Duluth, Denfeld shows remarkable recovery and growth. You’ll notice an interesting pattern where property values actually declined between 2010-2015, dropping from $99,905 to $92,432, before rebounding dramatically. Recent growth has been particularly strong with a 46.20% increase just since 2020, resulting in current values of $192,171. The overall fifteen-year growth of 92.35% demonstrates this neighborhood’s resilience and growing appeal despite earlier challenges.
22. Southside-University (Saint Cloud)
- 2025 Value: $191,809.71
- 2020 Value: $140,224.12
- 2015 Value: $118,620.58
- 2010 Value: $105,578.81
- % Change 2010-2025: 81.67%
- % Change 2015-2025: 61.70%
- % Change 2020-2025: 36.79%
Adjacent to St. Cloud State University, this neighborhood offers both affordability and appreciation potential. You’ll find property values have increased by 81.67% since 2010, growing from $105,578 to $191,809 in 2025. Growth has accelerated in recent years with a substantial 36.79% increase just since 2020. This neighborhood benefits from its proximity to the university while maintaining relatively affordable prices.
21. Fond du Lac (Duluth)
- 2025 Value: $188,554.36
- 2020 Value: $145,685.51
- 2015 Value: $116,960.51
- 2010 Value: Not Available
- % Change 2010-2025: Not Available
- % Change 2015-2025: 61.21%
- % Change 2020-2025: 29.43%
Located at the far western edge of Duluth, historic Fond du Lac offers significant recent appreciation. You can witness substantial growth in this riverside neighborhood, with values increasing 61.21% over the past decade, rising from $116,960 in 2015 to $188,554 in 2025. Recent growth remains strong at a healthy 29.43% increase since 2020.
20. Morgan Park (Duluth)
- 2025 Value: $188,228.30
- 2020 Value: $114,396.75
- 2015 Value: $81,126.94
- 2010 Value: $70,736.79
- % Change 2010-2025: 166.10%
- % Change 2015-2025: 132.02%
- % Change 2020-2025: 64.54%
Originally built as a company town for U.S. Steel, Morgan Park in Duluth showcases extraordinary value growth. You’ll be amazed that property values have increased a dramatic 166.10% since 2010, climbing from $70,736 to $188,228 in 2025. Even more impressive is the recent acceleration, with a remarkable 64.54% increase just in the past five years – the highest recent growth rate on our list.
19. Whittier (Minneapolis)
- 2025 Value: $186,917.19
- 2020 Value: $196,263.36
- 2015 Value: $140,761.14
- 2010 Value: $118,396.02
- % Change 2010-2025: 57.87%
- % Change 2015-2025: 32.79%
- % Change 2020-2025: -4.76%
Situated just south of downtown Minneapolis, the historic Whittier neighborhood shows an interesting recent reversal. You can see property values increased steadily from 2010 to 2020, before experiencing a 4.76% decline over the past five years, dropping from $196,263 to $186,917. This recent correction mirrors trends in other central Minneapolis neighborhoods and may reflect shifting urban preferences post-pandemic. Despite this recent decrease, Whittier still shows strong long-term appreciation of 57.87% since 2010.
18. Fairmount (Duluth)
- 2025 Value: $186,342.21
- 2020 Value: $128,416.76
- 2015 Value: $97,297.31
- 2010 Value: $102,457.53
- % Change 2010-2025: 81.87%
- % Change 2015-2025: 91.52%
- % Change 2020-2025: 45.11%
Another Duluth neighborhood making our list, Fairmount exhibits fascinating market dynamics. You’ll discover that property values actually decreased between 2010-2015, dropping from $102,457 to $97,297, before reversing course dramatically. Recent appreciation has been particularly impressive with a 45.11% increase just since 2020, one of the strongest five-year growth rates on our list. This rebound has resulted in substantial long-term growth of 81.87% since 2010, suggesting growing recognition of value in this Duluth neighborhood.
17. Shelard Park (Saint Louis Park)
- 2025 Value: $185,463.68
- 2020 Value: $163,560.15
- 2015 Value: $117,844.66
- 2010 Value: $118,285.21
- % Change 2010-2025: 56.79%
- % Change 2015-2025: 57.38%
- % Change 2020-2025: 13.39%
Positioned in the westernmost corner of Saint Louis Park, Shelard Park presents an unusual price pattern. You can observe that property values remained essentially flat between 2010-2015, before accelerating significantly between 2015-2020. The fifteen-year growth stands at 56.79%, rising from $118,285 to $185,463, with more modest recent growth of 13.39% since 2020.
16. Gary (Duluth)
- 2025 Value: $183,352.12
- 2020 Value: $147,122.64
- 2015 Value: $114,797.30
- 2010 Value: $108,475.89
- % Change 2010-2025: 69.03%
- % Change 2015-2025: 59.72%
- % Change 2020-2025: 24.63%
Located in Duluth’s northern reaches, Gary offers growing value in this Lake Superior city. You’ll note a steady appreciation pattern with property values increasing 69.03% since 2010, rising from $108,475 to $183,352 in 2025. Growth has been relatively consistent across the fifteen-year period, with a healthy 24.63% increase just in the past five years.
15. Irving (Duluth)
- 2025 Value: $182,768.36
- 2020 Value: $140,277.93
- 2015 Value: $121,328.91
- 2010 Value: $127,202.11
- % Change 2010-2025: 43.68%
- % Change 2015-2025: 50.64%
- % Change 2020-2025: 30.29%
Overlooking Duluth’s western neighborhoods, Irving showcases an interesting price pattern. You can see that property values actually decreased between 2010-2015, dropping from $127,202 to $121,328, before rebounding strongly. Recent growth has been particularly robust with a 30.29% increase since 2020, suggesting accelerating interest in this affordable Duluth neighborhood. Despite starting at a higher base value in 2010 than many neighborhoods on our list, Irving’s moderate long-term growth of 43.68% has kept it relatively affordable at $182,768 in 2025.
14. Northeast-Wilson Park (Saint Cloud)
- 2025 Value: $181,033.82
- 2020 Value: $132,298.68
- 2015 Value: $99,743.03
- 2010 Value: $86,796.89
- % Change 2010-2025: 108.57%
- % Change 2015-2025: 81.50%
- % Change 2020-2025: 36.84%
A gem in northeastern Saint Cloud, Wilson Park neighborhood boasts impressive long-term appreciation. You’ll find property values have more than doubled with a 108.57% increase since 2010, rising from $86,796 to $181,033 in 2025. The growth has been consistently strong, including a substantial 36.84% increase in just the last five years.
13. Seberger-Roosevelt (Saint Cloud)
- 2025 Value: $179,342.84
- 2020 Value: $121,508.81
- 2015 Value: $84,213.53
- 2010 Value: $86,447.52
- % Change 2010-2025: 107.46%
- % Change 2015-2025: 112.96%
- % Change 2020-2025: 47.60%
Centrally located in Saint Cloud, Seberger-Roosevelt demonstrates exceptional value growth. You can observe that property values have more than doubled since 2010, increasing 107.46% from $86,447 to $179,342 in 2025. Interestingly, values decreased slightly between 2010-2015 before surging upward, with particularly strong recent growth of 47.60% just since 2020.
12. Londonberry (Edina)
- 2025 Value: $179,061.85
- 2020 Value: $172,818.17
- 2015 Value: $96,710.35
- 2010 Value: $98,952.98
- % Change 2010-2025: 80.96%
- % Change 2015-2025: 85.15%
- % Change 2020-2025: 3.61%
The third Edina neighborhood to make our list, Londonberry presents an interesting price history. You’ll notice property values actually decreased slightly between 2010-2015, but then surged dramatically between 2015-2020 with most of the 80.96% fifteen-year growth occurring in that five-year window. Growth has now slowed considerably to just 3.61% since 2020, suggesting the neighborhood may have reached a plateau after its period of rapid appreciation. At $179,061, Londonberry offers entry to the Edina market at a fraction of typical prices for this desirable suburb.
11. Lincoln Park (Duluth)
- 2025 Value: $176,572.76
- 2020 Value: $117,117.28
- 2015 Value: $85,411.36
- 2010 Value: $90,776.72
- % Change 2010-2025: 94.51%
- % Change 2015-2025: 106.73%
- % Change 2020-2025: 50.77%
Experiencing a renaissance in Duluth’s western neighborhoods, Lincoln Park offers you tremendous growth potential. You’ll be fascinated to learn that property values actually declined between 2010-2015, but have since rebounded dramatically with a 106.73% increase from 2015 to 2025. The neighborhood shows one of the strongest recent growth rates on our list at 50.77% just since 2020. This neighborhood, now home to a growing craft district with breweries and artisans, appears to be in the midst of significant revitalization.
10. Saint John Cantius (Saint Cloud)
- 2025 Value: $175,636.10
- 2020 Value: $117,064.36
- 2015 Value: $82,220.73
- 2010 Value: $70,689.71
- % Change 2010-2025: 148.46%
- % Change 2015-2025: 113.62%
- % Change 2020-2025: 50.03%
Steeped in history and named after the local Catholic parish, Saint John Cantius in Saint Cloud has experienced phenomenal growth. You can see property values have skyrocketed by 148.46% since 2010, climbing from $70,689 to $175,636 in 2025. The neighborhood shows accelerating appreciation with a dramatic 50.03% increase just in the last five years – one of the strongest recent growth rates on our list.
9. Lake George (Saint Cloud)
- 2025 Value: $174,910.33
- 2020 Value: $120,629.96
- 2015 Value: $87,779.62
- 2010 Value: $86,808.89
- % Change 2010-2025: 101.49%
- % Change 2015-2025: 99.26%
- % Change 2020-2025: 45.00%
Surrounding the popular Lake George park in Saint Cloud, this neighborhood demonstrates remarkable value growth. You’ll notice property values have more than doubled over fifteen years, increasing 101.49% from $86,808 in 2010 to $174,910 in 2025. What’s particularly impressive is the recent acceleration, with a substantial 45.00% increase just since 2020.
8. Downtown (Saint Paul)
- 2025 Value: $174,352.41
- 2020 Value: $165,727.46
- 2015 Value: $116,912.74
- 2010 Value: $98,223.22
- % Change 2010-2025: 77.51%
- % Change 2015-2025: 49.13%
- % Change 2020-2025: 5.20%
The capital city’s downtown area offers you surprisingly affordable housing options in an urban core location. You can observe strong long-term growth in Downtown Saint Paul, with values increasing 77.51% since 2010, rising from $98,223 to $174,352 in 2025. Growth has slowed considerably in recent years to just 5.20% since 2020, suggesting the market may be reaching equilibrium after stronger appreciation in previous years.
7. Loring Park (Minneapolis)
- 2025 Value: $171,293.06
- 2020 Value: $204,190.38
- 2015 Value: $158,233.27
- 2010 Value: $141,553.95
- % Change 2010-2025: 21.01%
- % Change 2015-2025: 8.25%
- % Change 2020-2025: -16.11%
Adjacent to downtown Minneapolis, Loring Park presents a unique value proposition with its urban location and recent price correction. You might be intrigued by the significant 16.11% decrease in values since 2020, falling from $204,190 to $171,293 in 2025. This marks the steepest decline among neighborhoods on our list, potentially reflecting changing preferences in urban living post-pandemic. Despite this recent decrease, the neighborhood still shows positive long-term growth of 21.01% since 2010.
6. Cedarhurst (Saint Louis Park)
- 2025 Value: $170,513.64
- 2020 Value: $156,657.64
- 2015 Value: $98,622.39
- 2010 Value: Not Available
- % Change 2010-2025: Not Available
- % Change 2015-2025: 72.90%
- % Change 2020-2025: 8.84%
Positioned in desirable Saint Louis Park, Cedarhurst gives you the opportunity to live in this sought-after suburb at a fraction of typical Twin Cities prices. You’ll find property values have increased 72.90% over the past decade, growing from $98,622 in 2015 to $170,513 in 2025. The growth has moderated significantly in recent years to just 8.84% since 2020, suggesting the market may be stabilizing after a period of more rapid appreciation.
5. Spirit Valley (Duluth)
- 2025 Value: $167,125.47
- 2020 Value: $111,718.77
- 2015 Value: Not Available
- 2010 Value: Not Available
- % Change 2010-2025: Not Available
- % Change 2015-2025: Not Available
- % Change 2020-2025: 49.59%
Tucked away in the western part of Duluth, Spirit Valley reveals impressive recent growth in property values. You can see a substantial 49.59% increase in just five years, with values climbing from $111,718 in 2020 to $167,125 in 2025. While earlier data isn’t available for comparison, this rapid appreciation rate suggests growing interest in this affordable Duluth neighborhood. Despite this strong growth, Spirit Valley remains the fifth least expensive neighborhood in Minnesota.
4. Cedar-Riverside (Minneapolis)
- 2025 Value: $164,637.82
- 2020 Value: $159,749.36
- 2015 Value: $116,193.25
- 2010 Value: $104,269.11
- % Change 2010-2025: 57.90%
- % Change 2015-2025: 41.69%
- % Change 2020-2025: 3.06%
Culturally diverse Cedar-Riverside, situated near the University of Minnesota campus, offers you affordable housing with values at $164,637 in 2025. This vibrant neighborhood has experienced steady growth over fifteen years with a 57.90% increase since 2010. The appreciation has significantly slowed in recent years, with just a modest 3.06% increase since 2020, indicating the market may be reaching a plateau after stronger growth in the 2010-2020 decade.
3. Edinborough (Edina)
- 2025 Value: $157,118.54
- 2020 Value: $128,002.65
- 2015 Value: $71,054.09
- 2010 Value: $46,189.18
- % Change 2010-2025: 240.16%
- % Change 2015-2025: 121.13%
- % Change 2020-2025: 22.75%
The transformation of Edinborough in Edina has been nothing short of remarkable. You can witness one of Minnesota’s most dramatic property value increases here, with a staggering 240.16% growth since 2010 – the highest percentage increase on our list. Values have more than tripled from just $46,189 in 2010 to $157,118 in 2025. Even in the last five years, the neighborhood has continued strong growth with a 22.75% increase.
2. Stevens Square (Minneapolis)
- 2025 Value: $152,315.47
- 2020 Value: $164,177.88
- 2015 Value: $111,295.50
- 2010 Value: $105,909.71
- % Change 2010-2025: 43.82%
- % Change 2015-2025: 36.86%
- % Change 2020-2025: -7.23%
Located in the heart of Minneapolis, Stevens Square offers urban living at a surprisingly affordable price point. You’ll notice a unique trend in this neighborhood – unlike most areas, property values have actually decreased by 7.23% since 2020, dropping from $164,177 to $152,315. Despite this recent decline, the long-term growth remains positive with a 43.82% increase since 2010. This reversal could represent an opportunity for buyers looking to enter an urban market that has become more affordable in recent years.
1. Parklawn (Edina)
- 2025 Value: $131,113.41
- 2020 Value: $120,794.46
- 2015 Value: $83,729.76
- 2010 Value: $74,483.59
- % Change 2010-2025: 76.03%
- % Change 2015-2025: 56.59%
- % Change 2020-2025: 8.54%
Nestled in the otherwise affluent city of Edina, Parklawn stands out as Minnesota’s most affordable neighborhood. You can find remarkable value here, with homes priced at just $131,113 in 2025. Since 2010, this neighborhood has seen steady appreciation with values climbing 76.03% over fifteen years, from $74,483 to the current value. The growth has moderated in recent years, with just an 8.54% increase since 2020, suggesting the neighborhood may be stabilizing after more rapid growth between 2010-2020.
