Minneapolis · 10 most populous of 11 communities

Real estate professionals in Nokomis, Minneapolis

Homes in Nokomis have an estimated median value of $382,000, about 6% above the Minneapolis median; 85% of occupied homes are owner-occupied.

Housing in Nokomis at a glance

Population
about 36,388
Housing units
about 16,425
Median value, owner-occupied homes
$382,000Minneapolis: $362,200 (+6%)
Median gross rent
$1,550 a monthMinneapolis: $1,371 (+13%)
Owner-occupied homes
85.2%Minneapolis: 47.7%
Homes built before 1980
87.8%
Median year built
1939 or earlier

Nokomis is the most owner-heavy sector in Minneapolis: 85.2% of households own, far ahead of the 47.7% for the city. South of the population centre, it pairs that with high rent, since renters pay a median $1,550, second-highest anywhere in the city and level with Southwest. Owners put homes at $382,000, fourth of ten. Old buildings dominate, with pre-1980 housing at 87.8%, third-highest in the city. Longfellow, a neighbour, has owners at 57.8%, and Powderhorn has them at 38.9%. Southwest, farther along, values homes much higher, at $506,000, so Nokomis sits in the middle of a steep gradient between lower-value and higher-value ground. Behind it lie 10 census tracts and 36,388 residents. Owning households number 13,242 against only 2,304 renting, among 16,425 housing units. Put differently, Nokomis combines almost the highest rent in the city with an owner share nobody else reaches, and a stock that is older than most.

Questions about Nokomis

What is the median home value in Nokomis, Minneapolis?

$382,000 for owner-occupied homes, against $362,200 for Minneapolis as a whole (Payotte estimate from Census ACS 2020-2024 5-year data for the census tracts within the official boundary). It is the owners' own estimate of their home's value, not a sale price.

What is the median rent in Nokomis?

$1,550 a month in gross rent (rent plus utilities paid by the renter), against $1,371 in Minneapolis (Payotte estimate from Census ACS 2020-2024 5-year data for the census tracts within the official boundary).

Do most people in Nokomis own or rent?

Most own: 85.2% of occupied homes are owner-occupied, against 47.7% in Minneapolis (Payotte estimate from Census ACS 2020-2024 5-year data for the census tracts within the official boundary).

Data and method

Data as of: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (retrieved 2026-11-02).

Estimate from the 10 census tracts whose internal point lies within the official boundary: counts are summed, and each median is recomputed from the summed value, rent and year-built brackets (grouped median, linear interpolation). The gap with the city is measured with the same method on the whole city.

Nokomis is one of the 10 most populous of 11 communities of Minneapolis: estimated population about 36,388 (Payotte estimate: Census ACS 2020-2024 populations of the census tracts whose internal point lies inside the boundary; boundaries from City of Minneapolis GIS, Communities, consulted 2026-11-02).

Sources: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates, tables B01003, B25001, B25003, B25034, B25063, B25064, B25075, B25077; U.S. Census Bureau, 2024 Gazetteer files (census tract internal points). City figures: the same survey, published for Minneapolis as a whole. Home values are owners' estimates, not sale prices.

Near Nokomis

The closest sectors of Minneapolis, by distance between population centres.

Other sectors of Minneapolis

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Five trades, one spot each

Payotte lists one professional per trade in Nokomis. No one is listed yet: every spot is open.

  • Real estate agentOpen spot
  • Mortgage loan officerOpen spot
  • Home inspectorOpen spot
  • Real estate attorneyOpen spot
  • AppraiserOpen spot

Work in one of these trades in Nokomis? Ask for your spot.