Housing in Powderhorn at a glance
- Population
- about 55,792
- Housing units
- about 27,990
- Median value, owner-occupied homes
- $325,000Minneapolis: $362,200 (-10%)
- Median gross rent
- $1,330 a monthMinneapolis: $1,371 (-3%)
- Owner-occupied homes
- 38.9%Minneapolis: 47.7%
- Homes built before 1980
- 74.2%
- Median year built
- 1939 or earlier
Powderhorn is a large sector south of the population centre, with 55,792 residents, and renters outnumber owners here: owner households account for only 38.9%, a figure 8.8 points short of the city's. Homes are valued at $325,000, 10% under the city figure, and the $1,330 median rent is 3% under as well, so both sit slightly low. Older buildings are common, with 74.2% of units dating from before 1980, eighth of ten. Calhoun Isle, one neighbour, reaches $512,000 in value estimates. Longfellow comes in at $354,000. Central, with owners at only 24.6%, stands at $369,000. Powderhorn ranks eighth of ten on value, below all three. Across 18 census tracts, the sector counts 27,990 dwellings. Tenants number 15,777 households and owners 10,029, so rented homes clearly outnumber owned ones, unlike in Longfellow, where owners lead. Its figures sit slightly under the city on value, rent and owner share alike.
Questions about Powderhorn
What is the median home value in Powderhorn, Minneapolis?
$325,000 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 Powderhorn?
$1,330 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 Powderhorn own or rent?
Most rent: 38.9% 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 18 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.
Powderhorn is one of the 10 most populous of 11 communities of Minneapolis: estimated population about 55,792 (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 Powderhorn
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 Powderhorn. 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 Powderhorn? Ask for your spot.