Rent to Own Homes in Minneapolis, MN

Minneapolis, Minnesota, also known as the City of Lakes, is Minnesotas largest metropolis. Its nickname is well earned; Minneapolis features a stunning abundance of lakes, wetlands, and other waterways--from the Mississippi River to the waterfalls and creeks throughout the Chain of Lakes. Minneapolis is not just known for its outdoor offerings. It is also a mecca for business and culture, thanks to the many Fortune 500 companies that call the Twin City home, as well as its thriving arts and culture scene.

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D0c30d6bf0c42dcc13c2a16a5e7a2747
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Rent-To-Own
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4 Beds, 2 Baths

Minneapolis, MN 55407

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School: Folwell Performing Arts
Grocery: Everett's Foods & Meats
Restaurant: Colossal Cafe
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14e150b0740035ce77be988ffb884826
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Rent-To-Own
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3 Beds, 2 Baths

Minneapolis, MN 55407

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School: Andersen United Community School
Grocery: Kora Inc El
Restaurant: Midtown Global Market
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B57e1c3aa84375fd302ae811fa909bf0
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Rent-To-Own
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3 Beds, 2 Baths

Minneapolis, MN 55409

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School: Barton Open Elementary
Grocery: Sociale Inc
Restaurant: Piccolo
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23f1f9244ebee677194184f0c99f37db
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Rent-To-Own
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3 Beds, 1 Bath

Minneapolis, MN 55417

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School: Hale Elementary School
Grocery: Cedar Quick Stop
Restaurant: Hot Plate
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984ad53967b2349d6be58169aa4b72d7
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Rent-To-Own
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3 Beds, 1 Bath

Minneapolis, MN 55412

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School: Sojourner Truth Academy
Grocery: Superusa
Restaurant: Sanctuary
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9d4c1c8e6b259744f508b8922680d1cd
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Rent-To-Own
Description

3 Beds, 1 Bath

Minneapolis, MN 55430

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School: Jenny Lind Elementary
Grocery: Pantry Food Market
Restaurant: El Burrito Cubano
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Fcbc9d5b0b1a2f38eb625f999378290e
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REO Foreclosure
Description

3 Beds, 1 Bath

Minneapolis, MN 55412

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School: Jenny Lind Elementary
Grocery: Winner Gas On Lyndale
Restaurant: Project For Pride In Living
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B2788adf349345f493323f0eaf7206d1
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Fannie Mae/Freddie Mac
Description

3 Beds, 1 Bath

Minneapolis, MN 55417

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School: Hiawatha Leadership Academy
Grocery: Nokomis Market
Restaurant: Berry Sweet Kitchen
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6f482269a2029cfd72437b9b90a24613
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REO Foreclosure
Description

2 Beds, 1 Bath

Minneapolis, MN 55413

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School: Yinghua Academy
Grocery: B-Line Market
Restaurant: Nath Minnesota Franchise Group
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Housing

The median value of homes in Minneapolis is $228,700, with an average listing price of $375,875 and a median sales price of $204,952. There are currently 1,383 homes for sale, with 2,061 recently sold and 3,433 properties in some stage of foreclosure. The average rent in Minneapolis is $1,068, with the highest rates in the neighborhoods of Midway, Kentwood, and Saint Anthony. Just over 56 percent of homes in Minneapolis are owner-occupied, while nearly 44 percent are rentals. The vacancy rate is below the national average at just 3 percent, indicating that demand is high in this prosperous city. One option for aspiring homeowners in a tight economy may be a rent to own home.

Tourist Attractions

Minneapolis is a thriving Midwestern city. History buffs will enjoy visiting a number of historic homes, including the Alexander Ramsey House and the James J. Hill House, as well as Historic Fort Snelling, which dates back to the 1820s and the days of the fur trade. The Minnesota Historical Society, meanwhile, is comprised of a whopping 27 award-winning museums and trails. Boat, kayak, and even Segway tours are all unique ways to tour the Minneapolis waterfront. Thrill seekers wont want to miss Minneapolis theme parks, including Nickelodeon Universe, Valleyfair Family Amusement Park, and the Wild Woods Water Park. Meanwhile, animal lovers will love the Como Park Zoo and Conservatory, the Minnesota Zoo, and the Sea Life Minnesota Museum. Nature lovers wont want to miss a stop at the Minnesota Landscape Arboretum, the states largest public gardens. And dont forget to take in a show at the Tony Award-winning Guthrie Theater.

Nightlife

Minneapolis has some great nightlife. Hip clubs, chic bars, live music venues, and sociable pubs all make up a thriving after-dark environment. Most of the action happens Uptown, where popular bars include Muddy Waters, known for its addictive yucca fries; Liquor Lyle's, a classic dive bar with old school red glitter booths; and Lucia's Wine Bar, offering a rotating menu with seasonal fare. The Warehouse District is coming on strong thanks to several new clubs, as well as its convenient location adjacent to the University of Minnesota. A great destination for al fresco dining and Happy Hour deals, hot spots in this revitalized area of the city include "it bar" Bar Fly, Blues Alley and Chez Bananas, as well as the uber-romantic Bev's Wine Bard and up and coming gay bar, Brass Rail. Northeast also has a rousing bar scene, but with a grittier sensibility. Favorites include former Esquire"Best Bar in America" Nye's Polonaise Room and polka party central, Gasthof Zur Gemutlichkeit. Northeast is also a great neighborhood to catch live music at hipster haunt the 331 Club or pop into party bus must-stop Tony Jaros' River Garden. And where else can you find a "zombie bar," except at Donny Dirk's, which also has leopard skin carpeting.

Neighborhoods

The countrys 16th biggest city, Minneapolis has a dynamic population of 3.5 million people. The many communities of Minneapolis offer different flavors of neighborhood living. Popular Minneapolis neighborhoods include the following:

Camden:While Camden contains two industrial areas, it is a vibrant residential community with access to eclectic boutiques and restaurants. This neighborhood is located along the Mississippis east bank and is lauded for its terrific schools.

Downtown:Home of the Minnesota Vikings,Downtown has recently undergone a transition from industrial to residential, with many old buildings and warehouses converted into contemporary apartments, condos, and lofts along the desirable waterfront.

Powderhorn:The Powderhorn neighborhood has a great downtown location and is student friendly thanks to an abundance of coffee shops and affordable restaurants. Throw in lakes, parks, and the Minneapolis Institute of Arts, and you have a hip, residential neighborhood with a distinctly down-to-earth vibe. The Powderhorn is host to the citys annual May Day festival.

Calhoun-Isles: Comprising the Uptown section of the Downtown district, Calhoun-Isles is the most affluent neighborhood in Minneapolis as well as home to the bulk of the citys nightlife, premiere shopping, and fine dining. The high prices can be attributed to the area's lake access. Calhoun-Isles contains the poshest area of Minneapolis, Lowry Hill, which features classic Victorian architecture and sky-high prices.

Northeast Park:The up-and-coming neighborhood of Northeast Park has a rich history of housing the areas early Scandinavian immigrants, many of whose descendants remain in the area. A new generation is just discovering this gem of a neighborhood, which combines historic architecture with newly established retail venues.

University:The University neighborhood is home to the University of Minnesotas Minneapolis campus, as well as the Weismann Art Museum. A mix of housing, from houses for rent to apartment rentals, makes for an affordable and appealing housing market. House hunters looking for a happening place to live need look no further, thanks to the multitude of restaurants, bookstores, shops, and bars in the area.