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Cedar-Riverside

Cedar-Riverside

$188,686 Average Value
$141 Average Price per Sq Ft
7 Homes For Sale

Cedar-Riverside has access to restaurants, theaters and the water

Cedar-Riverside is a Minneapolis community close to downtown along the Mississippi River. The area, also known as the West Bank, is home to several University of Minnesota buildings and neighborhood parks. People often rent apartments, but homeowners can find condos, duplexes and townhouses. Interstate 35W separates the community from downtown, where people can commute to work or catch a concert.

The iconic Riverside Plaza in the Cedar-Riverside neighborhood overlooks downtown Minneapolis.
The iconic Riverside Plaza in the Cedar-Riverside neighborhood overlooks downtown Minneapolis.
The University of Minnesota is in the Big Ten Conference for athletics.
The University of Minnesota is in the Big Ten Conference for athletics.
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What people often pay for condos, duplexes and townhomes

More than 90% of residents are renters, most often living in apartments. Homeowners mostly live in modern condos, with prices running from around $60,000 to the lower $100,000s, and HOA fees between $980 and $1,770 per month. Duplexes and fourplexes can range from the mid-$300,000s to the mid-$500,000s, and townhouses tend to sell in the lower $300,000s. Traditional single-family properties rarely hit the market. The neighborhood’s homes are generally less expensive than in surrounding communities like Ventura Village, Seward and Downtown East.

The Riverside Condominiums overlook the Mississippi River in the Cedar-Riverside neighborhood.
The Riverside Condominiums overlook the Mississippi River in the Cedar-Riverside neighborhood.
A row of homes in the Cedar-Riverside neighborhood.
A row of homes in the Cedar-Riverside neighborhood.
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The community blends homes, commercial districts and college campuses

Cedar-Riverside is also known as the West Bank for its location along the Mississippi River. The neighborhood varies widely street by street. There are wide residential roads lined with trees, and commercial areas, like Cedar Avenue, that feel more urban. The area east of 19th and Riverside avenues is filled with University of Minnesota buildings and community parks. The Cedar-Riverside Community Council hosts events like neighborhood cleanups and keeps people informed of news that affects them.

Currie Park has a great view of the Minneapolis skyline.
Currie Park has a great view of the Minneapolis skyline.
Cedar-Riverside is along the Mississippi River.
Cedar-Riverside is along the Mississippi River.
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There are several restaurants and breweries to try

Many of the area’s restaurants and nightlife spots are along Cedar Avenue. The Red Sea has served Ethiopian dishes since 1990, and Acadia hosts concerts and has nearly 30 beers on tap, which change often. On Washington Avenue South, Town Hall Brewery offers New American cuisine in a casual space. “In the summer, we have a big patio that doubles the size of the restaurant,” says Emily Johnson, the general manager at Town Hall Brewery. “It’s a laid-back, family atmosphere. It’s good food and nice people.” There are a few convenience stores in the area, but the closest full-service grocery stores are Aldi in Ventura Village and Trader Joe’s in Downtown East.

Town Hall Brewery is a popular spot in the Cedar-Riverside neighborhood.
Town Hall Brewery is a popular spot in the Cedar-Riverside neighborhood.
The Red Sea Restaurant offers dinner and drinks in Cedar-Riverside.
The Red Sea Restaurant offers dinner and drinks in Cedar-Riverside.
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Easy access to downtown businesses and stadiums

Interstate 35W separates the community from Downtown East, where people can attend Minnesota Vikings football games at U.S. Bank Stadium or catch a live performance at the Guthrie Theater. You can use the Hiawatha LRT Trail to walk or bike there, or hop on the Metro Transit light rail to get there in about 15 minutes. The light rail can also take riders to Minneapolis-Saint Paul International Airport in close to 25 minutes.

National companies like Target and Sleep Number have their headquarters in Downtown West, just over 2 miles away. The commute to Downtown West takes about 10 minutes by car or roughly 25 minutes by Metro Transit bus. There are several bus stops along Cedar and 19th avenues. People don’t have to go far for medical care, either. The M Health Fairview University of Minnesota Medical Center – West Bank is in the neighborhood.

The Metro Transit light rail stops in the Cedar-Riverside neighborhood.
The Metro Transit light rail stops in the Cedar-Riverside neighborhood.
A cyclist makes their way through the Cedar-Riverside neighborhood.
A cyclist makes their way through the Cedar-Riverside neighborhood.
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Pratt Community School serves the community.
Pratt Community School serves the community.

Public-school students are served by a highly rated district

The University of Minnesota’s flagship Twin Cities campus, which has more than 50,000 students, is split by the Mississippi River. Some buildings are in Cedar-Riverside, and others are on the river’s eastern bank. Augsburg University, a liberal arts college with around 3,000 students, is also in the neighborhood.

Public-school students are zoned for the Minneapolis Public School District, which is highly rated. The state’s open-enrollment policy allows students to attend any school outside of the district that has enough space. Citywide magnet schools, like Sullivan STEAM School, use lotteries to determine enrollment. Private school options are also nearby.

There are parks and cultural centers to visit

There are plenty of activities for residents within a few miles of the neighborhood. Going downtown is one option. Johnson says she recommends visiting Gold Medal Park, which has art installations and a panoramic view of the city. “It’s nice and pretty and right by the [Mississippi] River,” Johnson says. There’s more to see than downtown destinations, however. You can:

  • Play basketball and soccer at Currie Park
  • Attend a concert at the Cedar Cultural Center
  • Watch a play at Theatre in the Round, one of the oldest venues in the state
  • Catch a Mississippi River cruise or bike along trails at Bohemian Flats Park
  • Spend an evening across the river in the Dinkytown commercial district

U.S. Bank Stadium is near the Cedar-Riverside neighborhood.
U.S. Bank Stadium is near the Cedar-Riverside neighborhood.
Theatre in the Round is a live performance venue in the Cedar-Riverside neighborhood.
Theatre in the Round is a live performance venue in the Cedar-Riverside neighborhood.
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Ryan Kohn
Written By
Ryan Kohn
Video By
Izzy Rosenberg

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Transit

Airport

Minneapolis-St Paul International/Wold-Chamberlain

21 min drive

Subway

Cedar/Riverside Station

Bus

Riverside Ave & 25th Ave S

Bus

Washington Ramp & Cedar Ave S

Bus

Cedar Ave S & Washington Ave (15th Ave)

Bus

Riverside Ave & 24th & 25th Ave S

Bus

3rd St S & Cedar Ave S

Bus

Cedar Ave S & 6th St S

Bus

19th Ave S & 4th St & Riverside Ave

Reviews

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Crime and Safety

1 - Low Crime, 10 - High Crime Cedar-Riverside US
Homicide 7 4
Sexual Assault 10 4
Assault with Weapon 10 4
Robbery 10 4
Burglary 8 4
Motor Vehicle Theft 9 4
Larceny 10 4
Crime Score 10 4

Source: WhatIsMyCrimeRisk.com

Neighborhood Facts

Number of Homes
350
Number of Homes for Sale
7
Median Year Built
1973
Months of Supply
4.20
Average Single Family Home Size Sq Ft
1,896
On par with the national average
1,933
Average 2 Bedroom Size Sq Ft
1,180
Median Lot Size Sq Ft
5,227

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,995
Median Townhouse Rent
$1,995
Median 2 Bedroom Townhouse Rent
$1,995

Demographics

Total Population
8,860
Median Age
28
Population Density
27 ppl/acre
Population under 18
28.4%
On par with the national average
23.8%
Population over 65
10.1%
Below the national average
19.1%

Finances

Median Household Income
$26,482
Significantly below the national average
$79,597
Average Household Income
$35,909

Education and Workforce

High School Graduates
74.3%
Below the national average
89%
College Graduates
36.6%
Advanced Degrees
13.8%
% Population in Labor Force
59.5%
Below the national average
64.9%

Weather

Annual Precipitation
31''
Average Winter Low Temperature
9°F
Average Summer High Temperature
83°F
Annual Snowfall
60''

Area Factors

Very bikeable

Bikeability®

80 / 100

Very walkable

Walkability®

80 / 100

Exceptional public transit

Transit®

90 / 100
Source: Local Logic
Sources: Local Logic

Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Nearby Neighborhoods

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Cedar-Riverside