Downtown West is the main business district of Minneapolis, and several large companies are headquartered there. Residents live in condos with a wide range of sizes, styles and prices. People can easily use the Minneapolis Skyway System to walk to the neighborhood’s many restaurants, bars and theaters, or they can hop on Metro Transit buses and light rails.
People in Downtown West mostly live in condos that were added over time, from the 1960s to the 2000s. Prices vary greatly with location, size, amenities and age, from about $65,000 for a small, simple space to the mid-$800,000s for larger units in more modern buildings. HOA fees typically go from $500 to $1,000 per month. Luxury condos in complexes like The Carlyle and The Whitney Landmark Residences can have views of the Mississippi River or the city skyline, and usually run from about $1 million to roughly $4.5 million, with HOA fees between $1,300 and $5,700 per month. Around 75% of the area’s residents are renters who live in apartments found throughout the neighborhood.
Downtown West is one of the city’s central commercial districts, along with North Loop and Downtown East. Of the three, Downtown West is the most business-focused, home to large companies like Target, U.S. Bank and Sleep Number. “It’s the hub that spins the wheel of the state,” says Barbara Brin, a real estate agent with Coldwell Banker Realty – Minnesota Lakes who lives downtown. But the area is far from all-work, no-play. People tend to walk where they need to go, and almost every street has a popular restaurant, bar or arts venue to check out. The area’s residents tend to be active, taking full advantage of what the neighborhood offers even in less-than-stellar weather. The city is known for quickly clearing snow from the streets, keeping commuters as safe as possible. All of the area’s activity can lead to noise, especially near Hennepin Avenue’s restaurants and theaters.
There’s no shortage of cultural attractions in and around the neighborhood, and it's easy to walk to most of them. Places to check out include:
Downtown West is one of the city’s nightlife hotspots. Two restaurants are connected to the James Beard Foundation Awards: 112 Eatery, a New American restaurant from award-winning chef Isaac Becker; and Owamni, which won an award for its Indigenous cuisine. It's run by chef Sean Sherman, better known as the Sioux Chef. People looking for beers and comfort food can visit The Local, a traditional Irish pub. Tom’s Watch Bar is the city’s largest sports bar, with more than 100 TVs and long beer and cocktail menus. The morning after a night out, you can head to Hen House Eatery, an all-day breakfast spot. There are also a few upscale chain restaurants like Fogo de Chão.
Brin says many people live downtown so they can walk to work, even during below-freezing temperatures. The Minneapolis Skyway System of indoor bridges links around 80 city blocks together, totaling roughly 10 miles. Some condos have direct access to the Skyway, so residents don’t have to step outside. “If you’re in the [downtown] core, you take the Skyway in the winter, and in summer you enjoy the weather,” Brin says. For longer commutes, residents can drive, bike or take Metro Transit buses, which make stops throughout the neighborhood. Metro Transit also operates a light rail system that runs across downtown to destinations like the University of Minnesota and the Mall of America. Minneapolis-Saint Paul International Airport is about a 15- to 25-minute drive, or a 30-minute light rail ride.
One of the neighborhood's most famous districts is Nicollet, formerly Nicollet Mall, a strip where only buses and taxis are allowed. The lack of cars gives people the freedom to walk and check out Nicollet's businesses. Target’s flagship store is there, and so is Uniquely Global boutique. The strip also hosts events like Downtown Thursdays, when food trucks, family-friendly games and live performances take over.
Students are zoned for the Minneapolis Public School District, but residents here often look at alternatives. The state’s open enrollment policy means students can attend any school outside of their district with an open spot. The FAIR School for Arts, a citywide magnet school, is in the neighborhood and uses a lottery system for enrollment. One private option is the City of Lakes Waldorf School, a highly rated private school for kindergarten through eighth grade. It’s around a mile and a half away.
Chad Carpenter
Elcor Realty of Rochester Inc.
(507) 486-4191
83 Total Sales
1 in Downtown West
$272,000 Price
Kimberly Gilmore-Halgren
Real Broker, LLC
(832) 789-6098
102 Total Sales
1 in Downtown West
$150,000 Price
James Adams
Pemberton RE
(833) 437-2974
52 Total Sales
1 in Downtown West
$229,450 Price
Michael Provence
Keller Williams Integrity Realty
(763) 324-9806
42 Total Sales
1 in Downtown West
$299,900 Price
Joe Grunnet
DRG
(612) 482-7945
49 Total Sales
11 in Downtown West
$160K - $1.3M Price Range
Deanna Wiener
Cardinal Realty Co.
(651) 401-8179
85 Total Sales
1 in Downtown West
$625,000 Price
Airport
Minneapolis-St Paul International/Wold-Chamberlain
22 min drive
Subway
Warehouse District/Hennepin Avenue Station
Subway
Nicollet Mall Station
Subway
Government Plaza Station
Bus
4th Ave S & 10th St & 11th St
Bus
Hennepin Ave & 5th St N
Bus
2 Av S & 4 St S NE Corner
Bus
Hennepin Ave & Washington & 2nd St
| 1 - Low Crime, 10 - High Crime | Downtown West | US |
|---|---|---|
| Homicide | 6 | 4 |
| Sexual Assault | 9 | 4 |
| Assault with Weapon | 7 | 4 |
| Robbery | 6 | 4 |
| Burglary | 9 | 4 |
| Motor Vehicle Theft | 9 | 4 |
| Larceny | 8 | 4 |
| Crime Score | 6 | 4 |
Source: WhatIsMyCrimeRisk.com
On average, homes in Downtown West, Minneapolis sell after 76 days on the market compared to the national average of 56 days. The median sale price for homes in Downtown West, Minneapolis over the last 12 months is $257,000, down 7% from the median home sale price over the previous 12 months.
|
Median List Price
$254,900
|
Median Sale Price
$257,000
|
|
Median Single Family Sale Price
$475,450
|
Median Townhouse Sale Price
$249,000
|
|
Median 2 Bedroom Sale Price
$410,000
|
Median Change From 1st List Price
0%
|
|
Last 12 months Home Sales
107
|
Median Home Sale Price YoY Change
-7%
|
|
Average Price Per Sq Ft
$328
|
|
|
Number of Homes
1,824
|
Number of Homes for Sale
80
|
|
Median Year Built
1985
|
Months of Supply
9.00
|
|
Average Single Family Home Size Sq Ft
1,612
Below the national average
1,934
|
Average Townhouse Size Sq Ft
989
|
|
Average 2 Bedroom Size Sq Ft
1,397
|
Average 1 Bedroom Size Sq Ft
868
|
|
Average Studio Size Sq Ft
512
|
Median Lot Size Sq Ft
40,946
|
$1,393 - $2,281 per month
$1,602 - $8,969 per month
$1,688 - $3,143 per month
$820 - $1,140 per month
$1,578 - $2,758 per month
$1,014 - $1,684 per month
$1,147 - $1,574 per month
|
Number of Homes for Rent
11
|
Median Rent
$2,100
|
|
Median Single Family Home Rent
$5,063
|
Median Townhouse Rent
$1,995
|
|
Median 3 Bedroom Townhouse Rent
$3,995
|
Median Condo Rent
$2,450
|
|
Median 2 Bedroom Condo Rent
$3,200
|
|
|
Total Population
10,282
|
Median Age
39
|
|
Population Density
24 ppl/acre
|
Population under 18
10.5%
Below the national average
23.8%
|
|
Population over 65
13.5%
Below the national average
19.1%
|
|
|
Median Household Income
$75,824
On par with the national average
$79,597
|
Average Household Income
$109,806
|
|
High School Graduates
95.8%
|
College Graduates
64%
Significantly above the national average
34.1%
|
|
Advanced Degrees
28.7%
Above the national average
13.3%
|
% Population in Labor Force
72.4%
|
|
Annual Precipitation
31''
|
Average Winter Low Temperature
9°F
|
|
Average Summer High Temperature
83°F
|
Annual Snowfall
60''
|
Bikeability
Walkability
Transit
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.
An active community with condos, restaurants, a theater and U.S. Bank Stadium
A near-downtown neighborhood with access to dining and entertainment
A popular urban part of Minneapolis known for its restaurants
A lively neighborhood where arts, parks and food are a short walk away
A small Minneapolis neighborhood with historic brownstones and things to do nearby
A neighborhood with two distinct sides, just over a mile from downtown
