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Minneapolis-St. Paul Homes Under $300K

Minneapolis-St. Paul features many of the best home builder communities in Minnesota, but finding lower priced homes has become increasingly difficult. In the last few years, the cost of building a new home in Minneapolis-St. Paul has increased substantially. Despite the rising trend of housing prices, it’s still possible to design and build an affordable home in the Minneapolis-St. Paul area. In fact, there are 69 communities and 26 builders in Minneapolis-St. Paul with homes starting at under $300K.

How to Find Homes in Minneapolis-St. Paul For Less Than $300K?

Many builders recognize there is growing demand in the Minneapolis-St. Paul area for homes under the $300K price point and often have a few floor plans available, but these may be in limited supply. To ensure affordability without compromising on the quality of the home, builders may utilize value engineering techniques to reduce the cost of construction and keep the price of the home as low as possible. This may include building on a smaller lot or utilizing standard-sized materials, such as windows and doors, that provide high-value for the cost. The results are delivering similar quality at lower prices.

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            69 Communities

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            Boulder Creek Smart Series by M/I Homes

            Boulder Creek Smart Series by M/I Homes in Minneapolis-St. Paul Minnesota
            homes in Boulder Creek Smart Series by M/I Homes
            M/I Homes in Otsego, MN

            From $290,990 - $369,990

            7650 Parell Ave NE
            Otsego, MN 55330

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            Builder Community
            1 home matches your search

            Bridlewood Farms - Bridlewood Farms Colonial Manor by Lennar

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            Bridlewood Farms - Bridlewood Farms Colonial Manor by Lennar in Minneapolis-St. Paul Minnesota
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            Lennar in Woodbury, MN

            From $284,990 - $318,780

            8063 Abercrombie Lane
            Woodbury, MN 55129

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            3 homes match your search

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            Stonebridge - Stonebridge Heritage Collection by Lennar

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            Stonebridge - Stonebridge Heritage Collection by Lennar in Minneapolis-St. Paul Minnesota
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            Lennar in Jordan, MN

            From $295,990 - $350,990

            1128 Stonebridge Path
            Jordan, MN 55352

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            1 home matches your search

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            Watermark - Watermark Colonial Patriot by Lennar

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            Watermark - Watermark Colonial Patriot by Lennar in Minneapolis-St. Paul Minnesota
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            Lennar in Lino Lakes, MN

            From $286,990 - $306,990

            Rehbein and County Rd 21
            Lino Lakes, MN 55038

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            1 home matches your search

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            Riverwalk by Lennar

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            Riverwalk by Lennar in Minneapolis-St. Paul Minnesota
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            Lennar in Anoka, MN

            From $274,990 - $333,990

            200 Monroe Street
            Anoka, MN 55303

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            4 homes match your search

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            Woodland Cove by M/I Homes

            Woodland Cove by M/I Homes in Minneapolis-St. Paul Minnesota
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            M/I Homes in Minnetrista, MN

            From $269,990 - $709,254

            4358 Woodland Cove Parkway
            Minnetrista, MN 55331

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            7 homes match your search

            Oak Village by D.R. Horton

            Oak Village by D.R. Horton in Minneapolis-St. Paul Minnesota
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            D.R. Horton in Brooklyn Park, MN

            From $279,990 - $297,700

            5151 Oak Grove Parkway
            Brooklyn Park, MN 55445

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            7 homes match your search

            Willow River Bluffs by Creative Homes

            Willow River Bluffs by Creative Homes in Minneapolis-St. Paul Wisconsin
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            Creative Homes in New Richmond, WI

            From $260,900 - $355,000

            1205 Red Pine Lane
            New Richmond, WI 54017

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            4 homes match your search

            Rich River Trails by Creative Homes

            Rich River Trails by Creative Homes in Minneapolis-St. Paul Wisconsin
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            Creative Homes in New Richmond, WI

            From $191,900 - $296,958

            1205 Red Pine Lane
            New Richmond, WI 54017

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            6 homes match your search

            Trillium Cove - Freedom Series by Pulte Homes

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            Trillium Cove - Freedom Series by Pulte Homes in Minneapolis-St. Paul Minnesota
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            Pulte Homes in Prior Lake, MN

            From $274,990 - $320,715

            14104 Meadowlawn Trail
            Prior Lake, MN 55372

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            Builder Community
            2 homes match your search

            Top New Home Cities in Minneapolis-St. Paul

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            CityCommunitiesAverage New Home Price
            Woodbury16$375,651
            Lake Elmo16$547,110
            Otsego10$364,037
            Dayton10$404,156
            Lakeville9$415,575
            Prior Lake8$430,050
            Maple Grove8$380,949
            Plymouth7$483,611
            Cottage Grove6$328,082
            Victoria5$459,690
            Carver5$389,245
            Blaine5$419,789

            New Homes in Minneapolis-St. Paul by Region

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            RegionCommunitiesAverage New Home Price
            Downtown Minneapolis 3$646,000
            Northeast Minneapolis 18$372,000
            South Minneapolis 10$415,000
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