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Minneapolis & St. Paul, MN New Homes Under $400K

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          117 Communities

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          Highlands of Falmoor Glen by Lennar in Minneapolis-St. Paul Minnesota
          homes in Highlands of Falmoor Glen by Lennar
          homes in Highlands of Falmoor Glen by Lennar

          Highlands of Falmoor Glen

          Community by Lennar

          14141 Addison Ave
          Rosemount, MN 55068

          Lennar 284 Reviews

          888-507-3635

          from $358,990 - $382,990

          3 homes match your search

          South Grove by M/I Homes in Minneapolis-St. Paul Minnesota
          homes in South Grove by M/I Homes
          homes in South Grove by M/I Homes

          South Grove

          Community by M/I Homes

          7637 Cody Lane
          Inver Grove Heights, MN 55076

          M/I Homes

          888-677-6514

          from $384,990 - $444,990

          4 homes match your search

          The Preserve by Brandl Anderson in Minneapolis-St. Paul Minnesota

          Coming Soon

          The Preserve

          Community by Brandl Anderson

          Fields Drive and Monroe Drive
          Chaska, MN 55318

          Brandl Anderson

          888-665-3598

          Maefield Estates by LGI Homes in Minneapolis-St. Paul Minnesota
          homes in Maefield Estates by LGI Homes
          homes in Maefield Estates by LGI Homes
          Special Offers Video

          Maefield Estates

          Community by LGI Homes

          Zimmerman, MN 55398

          LGI Homes

          888-493-9223

          from $299,900

          1 home matches your search

          Timber Creek - Liberty Collection by Lennar in Minneapolis-St. Paul Minnesota
          homes in Timber Creek - Liberty Collection by Lennar
          homes in Timber Creek - Liberty Collection by Lennar

          Timber Creek - Liberty Collection

          Community by Lennar

          Monroe Drive
          Carver, MN 55315

          Lennar 284 Reviews

          from $360,990 - $390,990

          15 homes match your search

          Beaumont Bluffs by M/I Homes in Minneapolis-St. Paul Minnesota
          homes in Beaumont Bluffs by M/I Homes
          homes in Beaumont Bluffs by M/I Homes

          Coming Soon

          Beaumont Bluffs

          Community by M/I Homes

          1225 Kasota Circle
          Jordan, MN 55352

          M/I Homes

          888-318-5961

          Waterford - Liberty Collection by Lennar in Minneapolis-St. Paul Minnesota
          homes in Waterford - Liberty Collection by Lennar
          homes in Waterford - Liberty Collection by Lennar

          Waterford - Liberty Collection

          Community by Lennar

          Ravencroft Road
          Waconia, MN 55387

          Lennar 284 Reviews

          from $349,990 - $391,990

          10 homes match your search

          Union Park - Freedom Series by Pulte Homes in Minneapolis-St. Paul Minnesota
          homes in Union Park - Freedom Series by Pulte Homes
          homes in Union Park - Freedom Series by Pulte Homes

          Union Park - Freedom Series

          Community by Pulte Homes

          9525 4th Street North
          Lake Elmo, MN 55042

          Pulte Homes 249 Reviews

          888-288-4905

          from $389,990 - $464,865

          3 homes match your search

          Watermark - Colonial Patriot Collection by Lennar in Minneapolis-St. Paul Minnesota
          homes in Watermark - Colonial Patriot Collection by Lennar
          homes in Watermark - Colonial Patriot Collection by Lennar
          Video

          Watermark - Colonial Patriot Collection

          Community by Lennar

          2105 Ada Drive
          Lino Lakes, MN 55038

          Lennar 284 Reviews

          888-218-7348

          from $339,990 - $372,690

          13 homes match your search

          Riverside by David Weekley Homes in Minneapolis-St. Paul Minnesota
          homes in Riverside by David Weekley Homes
          homes in Riverside by David Weekley Homes
          Deal Special Offers Video

          Riverside

          Community by David Weekley Homes

          3120 Rum River Way
          Anoka, MN 55303

          David Weekley Homes

          5 homes match your search

          The Towns at Lakeshore Park by M/I Homes in Minneapolis-St. Paul Minnesota
          homes in The Towns at Lakeshore Park by M/I Homes
          homes in The Towns at Lakeshore Park by M/I Homes

          The Towns at Lakeshore Park

          Community by M/I Homes

          2952 Kepler Ave NE
          Saint Michael, MN 55376

          M/I Homes

          888-897-1533

          from $394,990 - $461,410

          1 home matches your search

          Meadows North by LGI Homes in Minneapolis-St. Paul Minnesota
          homes in Meadows North by LGI Homes
          homes in Meadows North by LGI Homes

          Grand Opening

          Special Offers

          Meadows North

          Community by LGI Homes

          5517 395th St
          North Branch, MN 55056

          LGI Homes

          888-732-3184

          from $329,900 - $399,900

          10 homes match your search

          Territorial Commons by Lennar in Minneapolis-St. Paul Minnesota
          homes in Territorial Commons by Lennar
          homes in Territorial Commons by Lennar

          Territorial Commons

          Community by Lennar

          19488 Meadow View Lane
          Dayton, MN 55369

          Lennar 284 Reviews

          from $369,990 - $435,925

          4 homes match your search

          White Tail Ridge by LGI Homes in Minneapolis-St. Paul Minnesota
          homes in White Tail Ridge by LGI Homes
          homes in White Tail Ridge by LGI Homes
          Special Offers Video

          White Tail Ridge

          Community by LGI Homes

          1055 White Tail Lane
          Montrose, MN 55363

          LGI Homes

          888-219-8946

          from $289,900 - $319,900

          3 homes match your search

          Watermark - Colonial Manor Collection by Lennar in Minneapolis-St. Paul Minnesota
          homes in Watermark - Colonial Manor Collection by Lennar
          homes in Watermark - Colonial Manor Collection by Lennar
          Video

          Watermark - Colonial Manor Collection

          Community by Lennar

          2105 Ada Drive
          Lino Lakes, MN 55038

          Lennar 284 Reviews

          888-241-0311

          from $315,990 - $356,890

          8 homes match your search

          Miske Meadows by LGI Homes in Minneapolis-St. Paul Minnesota
          homes in Miske Meadows by LGI Homes
          homes in Miske Meadows by LGI Homes

          Grand Opening

          Special Offers

          Miske Meadows

          Community by LGI Homes

          18751 Edison St
          Elk River, MN 55330

          LGI Homes

          888-639-9993

          from $369,900 - $434,900

          3 homes match your search

          Glacier Creek by Brandl Anderson in Minneapolis-St. Paul Minnesota
          homes in Glacier Creek by Brandl Anderson
          homes in Glacier Creek by Brandl Anderson

          Glacier Creek

          Community by Brandl Anderson

          18245 Glacier Wy
          Lakeville, MN 55024

          Brandl Anderson

          888-622-9316

          from $378,005 - $629,990

          1 home matches your search

          Avery Pines - Freedom Series by Pulte Homes in Minneapolis-St. Paul Minnesota
          homes in Avery Pines - Freedom Series by Pulte Homes
          homes in Avery Pines - Freedom Series by Pulte Homes

          Avery Pines - Freedom Series

          Community by Pulte Homes

          4824 Avery Court
          Eagan, MN 55123

          Pulte Homes 249 Reviews

          888-393-6072

          from $383,990 - $449,990

          3 homes match your search

          Highland Ridge by Lennar in Minneapolis-St. Paul Minnesota
          homes in Highland Ridge by Lennar
          homes in Highland Ridge by Lennar
          Video

          Highland Ridge

          Community by Lennar

          151 6th Street SW
          Delano, MN 55328

          Lennar 284 Reviews

          888-225-6751

          from $397,990 - $547,970

          1 home matches your search

          Parrish Meadows - Colonial Manor Collection by Lennar in Minneapolis-St. Paul Minnesota
          homes in Parrish Meadows - Colonial Manor Collection by Lennar
          homes in Parrish Meadows - Colonial Manor Collection by Lennar

          Parrish Meadows - Colonial Manor Collection

          Community by Lennar

          17754 54th St NE
          Otsego, MN 55330

          Lennar 284 Reviews

          from $319,990 - $346,690

          11 homes match your search

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          Minneapolis & St. Paul, MN 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 117 communities and 31 builders in Minneapolis & St. Paul with homes starting at under $400K.

          How to Find Homes in Minneapolis & St. Paul for Less than $400K?

          Many builders recognize there is growing demand in the Minneapolis & St. Paul area for homes under the $400k price point and often have a few floor plans available, but these may be in limited supply. These brand new homes are relatively affordable. 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. Like any new home, you are likely to have the low maintenance and lower cost of ownership that makes new construciton a good value in Minneapolis & St. Paul.