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  1. Home
  2. /Browse ZIP Codes
  3. /Minnesota
  4. /Brooklyn Park, Brooklyn Center, MN - 55430

Brooklyn Park, Brooklyn Center, MN—55430

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$283,000
1.0% YoY Growth
Household Income
$77,400
46.3% YoY Growth
Days on Market
23
3.0% Longer YoY
Home Price Forecast
-0.5%
Median Rent
$1,320
5.7% YoY Growth
1-Bed Rent
$1,160
14.9% YoY Growth
2-Bed Rent
$1,300
2.1% YoY Growth
3-Bed Rent
$2,100
4.0% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Brooklyn Park, Brooklyn Center, MN

As of May '26, the median home price in Brooklyn Park, Brooklyn Center, MN is $283,000, with a year-over-year change of 1.0%. This indicates that home prices in Brooklyn Park, Brooklyn Center, MN are flat. According to Zillow, the 1-year price projection is -0.5%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$283,0001.0%
Single Family $283,0000.7%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $170,000
    -3.4%
    2 Bed
    		$230,0000.0%
    3 Bed
    		$285,0000.7%
    4 Bed
    		$323,0001.3%
    5 Bed $351,3511.3%
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    % of Housing Stock

    Studio
    1.2%
    1 Bedroom
    10.3%
    2 Bedrooms
    29.0%
    3 Bedrooms
    35.1%
    4 Bedrooms
    18.0%
    5+ Bedrooms
    6.4%

    Rental Trends — Brooklyn Park, Brooklyn Center, MN

    As of July '25, Rentcast reports the average rent in Brooklyn Park, Brooklyn Center, MN is $1,680, with a year-over-year rent change of 5.7%. Per bedroom, the median rent as of July '25 in Brooklyn Park, Brooklyn Center, MN is 1-bedrooms: $1,160, 2-bedrooms: $1,430, 3-bedrooms: $2,070, 4-bedrooms: $2,600. The most common rental property sizes in Brooklyn Park, Brooklyn Center, MN are 2-bedroom and 1-bedroom, accounting for 48.2% and 26.6% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,320$1,680
    Studio Rent N/AN/A
    1 Bed Rent $1,160$1,160
    2 Bed Rent $1,300$1,430
    3 Bed Rent $2,100$2,070
    4 Bed Rent $2,500$2,600
    Loading chart...

    % of Rental Stock

    Studio
    3.2%
    1 Bedroom
    26.6%
    2 Bedrooms
    48.2%
    3 Bedrooms
    12.6%
    4 Bedrooms
    5.3%
    5+ Bedrooms
    4.0%

    Property Listings — Brooklyn Park, Brooklyn Center, MN

    As of May '26, Realtor.com reports that the median days on market for a home in Brooklyn Park, Brooklyn Center, MN is 23. This is a increase of 3.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 19.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$280,0001.0%
    Listing Count
    		6322.0%
    Listings as % of Homes0.5%22.0%
    Days on Market
    		233.0%
    Loading chart...

    Demographics — Brooklyn Park, Brooklyn Center, MN

    As of the latest ACS Survey released in 2023, Brooklyn Park, Brooklyn Center, MN has a population of 22,600, which has decreased by -1.6% over the past 5 years. Brooklyn Park, Brooklyn Center, MN is a popular place for families, as children make up 26.7% of the population. The area has a moderately educated workforce, with 28.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.3% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		22,600-1.6%
    % Under 18
    		26.7%-11.3%
    % Seniors
    		10.4%11.8%
    % WFH
    		14.3%429.6%
    % w/ College Degree
    		28.8%50.8%
    Loading chart...

    As of the latest ACS Survey released in 2023, Brooklyn Park, Brooklyn Center, MN is a predominantly white area, with 33.4% of the population identifying as white. The white population has shrunk by 7.5% in the last 5 years. The second most common race or ethnicity in Brooklyn Park, Brooklyn Center, MN is black, making up 29.9% of the population. Foreign-born residents account for 21.8% of the population in Brooklyn Park, Brooklyn Center, MN, and this percentage has increased by 3.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		33.4%-7.5%
    % Black
    		29.9%7.6%
    % Hispanic
    		15.3%4.8%
    % Asian
    		16.1%4.5%
    % Foreign Born
    		21.8%3.8%
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    Mortgage and Risk — Brooklyn Park, Brooklyn Center, MN

    According to HUD data as of 2023, there were 409 mortgage originations in Brooklyn Park, Brooklyn Center, MN, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 42.0% above 90% LTV (very high). This implies large mortgage risk in Brooklyn Park, Brooklyn Center, MN. Investor activity is low, as 5.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		409
    % Conventional Loans
    		78.0%
    % Government Loans
    		22.0%
    % Investor Loans
    		5.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		6.0%
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    Rentals and Section 8 — Brooklyn Park, Brooklyn Center, MN

    As of 2024, the percent of homes in Brooklyn Park, Brooklyn Center, MN under the Section 8 program is 13.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Brooklyn Park, Brooklyn Center, MN, because HUD payments exceed market rent, while 4-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		325
    Total Units Section 8
    		325
    % Rentals under Section 8
    		13.4%
    % Occupied Section 8
    		90.3%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$180$1,160$1,340
    2 Bedroom$330$1,300$1,630
    3 Bedroom$70$2,100$2,170
    4 Bedroom-$70$2,500$2,430

    Affordability — Brooklyn Park, Brooklyn Center, MN

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.5
    Median Home Price$283,000
    Median Household Income$77,400

    Brooklyn Park, Brooklyn Center, MN — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Webber-Camden, Minneapolis, MN

    55412

    Brooklyn Center, MN

    55429

    Brooklyn Park, MN

    55444

    Columbia Heights, MN

    55421

    Fridley, MN

    55432

    Frequently Asked Questions