Housing in University at a glance
- Population
- about 52,123
- Housing units
- about 22,586
- Median value, owner-occupied homes
- $401,000Minneapolis: $362,200 (+11%)
- Median gross rent
- $1,330 a monthMinneapolis: $1,371 (-3%)
- Owner-occupied homes
- 16.9%Minneapolis: 47.7%
- Homes built before 1980
- 48%
- Median year built
- 1982
University has the smallest share of owner households in Minneapolis: 16.9%, well beneath the 47.7% for the city. Located north-east of the population centre, it is a renter sector where the owner estimate of $401,000 is 11% higher than the city's and third among ten. Rent, by contrast, is a median $1,330, 3% below the city. The stock is relatively recent, with pre-1980 housing at 48%, ninth of ten, and typical construction dating from 1982. Central, the closest neighbour in character, has owners at 24.6%. Northeast reaches 53.5%, and Longfellow 57.8%, so tenure shifts quickly as you move out from University. The picture comes from 12 census tracts. In a population of 52,123, tenant households total 16,911 and owner households only 3,431, among 22,586 dwellings. Taken together, the numbers describe a sector shaped far more by renters than by owners. Its value level is the surprise: it is high despite so few owners.
Questions about University
What is the median home value in University, Minneapolis?
$401,000 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 University?
$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 University own or rent?
Most rent: 16.9% 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 12 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.
University is one of the 10 most populous of 11 communities of Minneapolis: estimated population about 52,123 (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 University
The closest sectors of Minneapolis, by distance between population centres.
Other sectors of Minneapolis
All of Minneapolis · Professionals in Minnesota · All states
Five trades, one spot each
Payotte lists one professional per trade in University. 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 University? Ask for your spot.