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Cedar-Riverside

Cedar-Riverside

Neighborhood in Minneapolis, Minnesota

Hennepin County 55454, 55455

$197,666 Average Value
$155 Average Price per Sq Ft
13 Homes For Sale

College town with concerts and popular dining

Home to Augsburg University and minutes away from Downtown Minneapolis, the Cedar-Riverside neighborhood attracts professors, university staff, young buyers fresh out of school and new residents looking to establish permanent ties to the city in this international and cultural haven. “There’s an appeal to young professionals who have experience at UM, and they graduated but are looking to stay within the same neighborhood,” Tola Vann, Executive Director for Operations and Development at the Cedar-Riverside Community Council, says. Renters can find condos and apartments near popular dining spots like Palmer’s Bar and Townhall Brewery. Don’t forget game day, where locals can be at the University of Minneapolis to see the Gophers after a quick drive across the river.

The iconic Riverside Plaza in the Cedar-Riverside neighborhood overlooks Downtown Minneapolis.
The iconic Riverside Plaza in the Cedar-Riverside neighborhood overlooks Downtown Minneapolis.
The University of Minnesota is a Big Ten University in Minneapolis, Minnesota.
The University of Minnesota is a Big Ten University in Minneapolis, Minnesota.
in the Cedar-Riverside neighborhood.
in the Cedar-Riverside neighborhood.
The Cedar Cultural Center hosts live performances in the Cedar-Riverside neighborhood.
The Cedar Cultural Center hosts live performances in the Cedar-Riverside neighborhood.
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Relaxing after lass at Town Hall Brewery

Locals meet up with friends at Palmer’s, a century-old Minneapolis black-owned institution. Esquire named Palmer’s Bar one of the Best Bars in America in 2014 thanks to its quintessential dive feel. Ellie Staussacher, a Community Outreach Assistant at GrandMarc Seven Corners, says, “Town Hall Brewery has an old feel inside, but they have great food and drinks. Another popular spot is the Corner Bar, especially during game days.” Hungry locals also stop by Hard Times Cafe or The Read Sea Ethiopian Restaurant for tasty dishes. International grocery stores, including the Wadajir Grocery and Halal Meat market, sit along Cedar Avenue. For more options, residents might visit the Aldi on East Franklin Avenue or Trader Joe’s on Washington Avenue.

in the Cedar-Riverside neighborhood.
in the Cedar-Riverside neighborhood.
Palmers is an iconic dive-bar located in Cedar-Riverside neighborhood.
Palmers is an iconic dive-bar located in Cedar-Riverside neighborhood.
The Red Sea Restaurant is a popular spot for dinner and drinks in Cedar-Riverside.
The Red Sea Restaurant is a popular spot for dinner and drinks in Cedar-Riverside.
in the Cedar-Riverside neighborhood.
in the Cedar-Riverside neighborhood.
The Seward Co-Op near the Cedar-Riverside neighborhood is a grocery option for residents.
The Seward Co-Op near the Cedar-Riverside neighborhood is a grocery option for residents.
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Live concerts and Somali Independence Day Festival

Residents of all ages join the Somali Independence Day Festival celebrations every July. Visitors enjoy live music, traditional Somali dishes and games. People from all over Minnesota come down to join the fun. Cedar-Riverside also sits next to U.S. Bank Stadium and multiple theatres. University students and locals visit the area to see their favorite artists perform live. “You’ll also want to check out the Mixed Blood Theater, which does a lot of cool performances – they do traditional plays with untraditional people playing the roles,” Vann says of a highlight of the neighborhood’s theater district.

in the Cedar-Riverside neighborhood.
in the Cedar-Riverside neighborhood.
Theater in the Round is a live performance venue in the Cedar-Riverside neighborhood.
Theater in the Round is a live performance venue in the Cedar-Riverside neighborhood.
Mixed Blood Theater is a performance space in the Cedar-Riverside neighborhood.
Mixed Blood Theater is a performance space in the Cedar-Riverside neighborhood.
The Southern Theater is located in the Seven Corners area of the Cedar-Riverside neighborhood.
The Southern Theater is located in the Seven Corners area of the Cedar-Riverside neighborhood.
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Renting condos or buying Tudor-inspired homes

Most Cedar-Riverside residents live in condos and apartments, but some can find the occasional single-family home close to downtown without paying downtown prices. The Tudor-inspired and national single-family homes often feature four bedrooms and can sell for $250,000 to $350,000. Drivers park their cars in the street, and skinny sidewalks run in front of the homes. Tall condo buildings stand to the west of Augsburg University with views of downtown and a rent rate starting around $1,300. Those looking to buy a condo can expect to pay $150,000 to $200,000.

The Riverside Condominiums overlook the Mississippi River in the Cedar-Riverside neighborhood.
The Riverside Condominiums overlook the Mississippi River in the Cedar-Riverside neighborhood.
in the Cedar-Riverside neighborhood.
in the Cedar-Riverside neighborhood.
in the Cedar-Riverside neighborhood.
in the Cedar-Riverside neighborhood.
Townhomes along 20th Ave South in the Cedar-Riverside Neighborhood.
Townhomes along 20th Ave South in the Cedar-Riverside Neighborhood.
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Residents connect with nature at Currie Park

Although green space is limited with the university and homes taking up most of the neighborhood, Currie Parks gives residents of all ages a place to get some fresh air. “Currie Park has a new playground, and they just put in a huge splash pad,” Vann says of the park’s amenities, including an old baseball field that was repurposed into a soccer field, which he says is more in line with the residents’ interests. Just outside the neighborhood to the west of the University of Minnesota campus is Riverside Park, with the adjacent Riverside Soccer Park. In addition to various sports fields and courts, the park includes a tot lot, an area to grill and picnic, walking paths and a wading pool to stay cool during the summer. “If you’re one of those people who like to be near urban areas, this is one of the areas that is more appealing because there’s a lot of local stuff going on – this is one of the spots in Minneapolis where you go to be immersed in a different culture,” Vann says.

Currie Park has a great view of the Minneapolis skyline from the activity Field.
Currie Park has a great view of the Minneapolis skyline from the activity Field.
Currie Park has a playground in the Currie Park neighborhood.
Currie Park has a playground in the Currie Park neighborhood.
Cedar-Riverside is a wonderful neighborhood to live, work, and play.
Cedar-Riverside is a wonderful neighborhood to live, work, and play.
in the Cedar-Riverside neighborhood.
in the Cedar-Riverside neighborhood.
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Taking the bus or catching the light rail

Staussacher says traffic gets heavy in the morning and evening when classes and work start, but it stays moving so drivers won’t feel stuck in place. Buses run in the area to take residents who don’t have access to a car across the river to the UM. Others catch the light rail at Cedar-Riverside Station to visit downtown or south to the Minneapolis-Saint Paul International Airport.

The Metro Transit Light Rail System stops in the Cedar-Riverside neighborhood.
The Metro Transit Light Rail System stops in the Cedar-Riverside neighborhood.
A cyclist makes their way on the greenway in the Cedar-Riverside neighborhood.
A cyclist makes their way on the greenway in the Cedar-Riverside neighborhood.
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Learning at Lincoln International High School before college

Although the universities bring residents to the area, those with young children have options. Kids start at the B-rated Pratt Elementary School before transitioning to Northeast Middle School, which receives a C-plus from Niche. Students later graduate from the C-rated Lincoln International High School. The University of Minnesota tends to be the natural next step for students in the area, but they may also attend Augsburg University, a private Christian academy.

Pratt Elementary School is a public school located in Minneapolis, MN.
Pratt Elementary School is a public school located in Minneapolis, MN.
Welcome to Northeast Middle School.
Welcome to Northeast Middle School.
Lincoln International High School is located on Minnehaha Avenue.
Lincoln International High School is located on Minnehaha Avenue.
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M Health Fairview offers medical services

The M Health Fairview has a large campus north of Augsburg University. Locals have access to a pharmacy, emergency services and specialized care, all within walking distance from home.

M Health Fairview has facilities in the Cedar-Riverside neighborhood.
M Health Fairview has facilities in the Cedar-Riverside neighborhood.
The University of Minnesota Twin Cities Campus is north of Riverside Avenue in Minnesota.
The University of Minnesota Twin Cities Campus is north of Riverside Avenue in Minnesota.
Augsburg University is located south of Riverside Ave in the Cedar-Riverside neighborhood.
Augsburg University is located south of Riverside Ave in the Cedar-Riverside neighborhood.
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Rylee Doyle
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Rylee Doyle
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Izzy Rosenberg

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Phong Cao, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Minneapolis-St Paul International/Wold-Chamberlain

21 min drive

Subway

Cedar/Riverside Station

Bus

Riverside Ave & 25th Ave S

Bus

Washington Ramp & Cedar Ave S

Bus

Cedar Ave S & Washington Ave (15th Ave)

Bus

Riverside Ave & 24th & 25th Ave S

Bus

3rd St S & Cedar Ave S

Bus

Cedar Ave S & 6th St S

Bus

19th Ave S & 4th St & Riverside Ave

Crime and Safety

1 - Low Crime, 10 - High Crime Cedar-Riverside US
Homicide 10 4
Sexual Assault 9 4
Assault with Weapon 10 4
Robbery 10 4
Burglary 10 4
Motor Vehicle Theft 10 4
Larceny 8 4
Crime Score 10 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$164,900
Median Single Family Price
$273,700
Median Townhouse Price
$162,400
Average Price Per Sq Ft
$155
Number of Homes for Sale
13
Last 12 months Home Sales
9
Months of Supply
17.30
Median List Price
$167,450
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
8%

Home Facts

Number of Homes in Neighborhood
347
Median Year Built
1973
Avg. Single Family Home Size Sq Ft
2,194
Above the national average
1,935
Average 2 Bedroom Size Sq Ft
1,140
Median Lot Size Sq Ft
5,009

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

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Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
8,860
Median Age
28
Population Density
27 ppl/acre
Population under 18
28.4%
On par with the national average
23.8%
Population over 65
10.1%
Below the national average
19.1%

Finances

Median Household Income
$26,482
Significantly below the national average
$71,702
Average Household Income
$35,909

Education and Workforce

High School Graduates
74.3%
Below the national average
89.1%
College Graduates
36.6%
Advanced Degrees
13.8%
% Population in Labor Force
59.5%
Below the national average
65.1%

Weather

Annual Precipitation
31''
Average Winter Low Temperature
9°F
Average Summer High Temperature
83°F
Annual Snowfall
60''

Area Factors

Very Bikeable

Bike Score®

89 / 100

Very Walkable

Walk Score®

78 / 100

Excellent Transit

Transit Score®

78 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Cedar-Riverside