Minneapolis, MN Rent To Own Homes

Rent to Own Homes in Minneapolis, MN: Everything You Need to Know

Minneapolis makes up one half of the Twin-Cities. When looking to settle in a rent-to-own property, Minneapolis has plenty of variety in housing. There is plenty to do when living or visiting here, be it in culture or shopping. The city flaunts an impressive golf community and a dominating WNBA team.

Minneapolis Real Estate: Housing Availability

Single-family detached homes are the most common housing unit in Minneapolis, making up 42.93% of the occupied real estate. Apartment complexes account for 39.84%. The median home value is $283,786, a 3.4% appreciation during this past year. The average rent for a Minneapolis apartment is $1,802. One-bedrooms are about $1,421 per month and two-bedrooms are roughly $2,318. 55% of households are renter-occupied. 

Things to Do in Minneapolis

There is plenty to see and explore in Minneapolis, be that natural or man-made. Minnehaha Regional Park is home to the 53-foot-tall natural treasure, Minnehaha Falls. More than 800,000 people visit this park a year. 

The Basilica of St. Mary is a breathtaking work of the 20th century, Roman Catholic architecture. Guests can attend a sermon or one of the many concerts and music festivals hosted by the leaders of the church. 

The Minnesota Children’s Museum is a favorite among more than just children. As one of the top-rated children’s museums in the country, it’s a museum that pioneered how hands-on-learning aids in the development of children.

World-Renowned Shopping 

Located in Bloomington, a Minneapolis suburb, is the iconic Mall of America. The largest shopping center in the country and one of the most visited tourist sites in the world, this mall sees over 40 million guests a year. The Mall of America has more than 520 stores and 60 restaurants, along with housing an aquarium, mini-golf course, and comedy club. 

The Local Sports Scene 

Minneapolis boasts more golfers per capita than any other city in The United States. The Meadows at Mystic Lake, Olympic Hills Golf Club, and Rush Creek are three of the top golf courses in the city. The Minnesota Lynx are a world champion WNBA team and are widely thought of as one of the most skilled of teams in the country. Their home base is the Minneapolis Target Center – this center also houses the Minnesota Timberwolves.

Minneapolis’ Local Population

Minneapolis is home to 437,069 residents, making it the 45th largest city in the country. Accounting for 63.8% of the population are white residents. The African American community makes up 19.4% of the population. 20.1% of the population is under the age of 18 and 9.5% is over the age of 65.