If you’re looking for homes under $400k in Minneapolis, there are still some communities that have inexpensive single-family homes, townhomes, and condominiums in 2025. Buyers can get a lot of value in areas like Nokomis, Northeast Minneapolis, Longfellow, and Camden without giving up location or lifestyle.
Why should you look for cheap homes in Minneapolis?
- A low-cost way to get into a competitive real estate market
- Parks, paths, and schools make these areas great for families.
- A mix of old residences, new homes, and townhomes
- Potential for strong long-term growth
- Great for first-time buyers, families, or people who want to invest
The Best Places to Look for Homes Under $400,000 in Minneapolis
Nokomis is peaceful, beautiful, and good for families.
Nokomis is still one of the best places to find cheap homes in Minneapolis. It has attractive older homes, lakeside activities, and calm streets, making it a wonderful deal compared to Southwest Minneapolis.
Northeast Minneapolis: Stylish and Still Affordable
Many of the homes in Northeast are still under $400,000, and they range from traditional to modern. Young professionals like it because of its art scene, local stores, and easy access to downtown.
Longfellow: City living without the high cost
Longfellow has streets that are easy to walk on, local cafés, and residences with character. A lot of people looking for affordable homes in Minneapolis might find good ones here.
Camden is one of the cheapest parts of the city.
Many of Camden’s single-family homes are quite affordable, with prices significantly below $400,000. It’s perfect for purchasers who want a lot of space and a yard but don’t want to pay a lot for it.
Powderhorn: A Place with Lots of Different Things to Do That Won’t Break the Bank
Powderhorn is a neighborhood with a lot of culture, parks, and community events. A lot of postings are still under $400,000, which makes it an excellent place for first-time buyers.
What You Can Expect for This Price
- Houses from the 1920s to the 1960s that could use some work
- Bidding against each other in neighborhoods with a lot of demand
- A combination of properties that have been fixed up and those that need only a little work
- Rental investors can find cheap opportunities
- It costs less than many big U.S. cities.
Final Thoughts
If you check in communities like Nokomis, Northeast, Longfellow, Camden, and Powderhorn, you can still find homes in Minneapolis for less than $400,000 in 2025. These neighborhoods are affordable, provide community facilities, and will be worth a lot in the long run.
Get in touch with me
Are you looking for cheap homes in Minneapolis? I can help you find the ideal match before it sells.
- Call: +17788520679
- Email: support@myhavens.us
- Go to: 1603 Capitol Ave, Cheyenne, WY 82001
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