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New Construction Homes Under $300K in Minneapolis & St. Paul, MN

2 Homes

From $297,900

3 Br | 2 Ba | 2 Gr | 1,157 sq ft Hot Deal

Anoka | North Branch, MN

LGI Homes

4.0

From $254,900

2 Br | 1 Ba | 2 Gr | 997 sq ft

38901 Grand Ave. North Branch, MN 55056

Graphic Homes, Inc.

From $259,900

2 Br | 1 Ba | 3 Gr | 1,050 sq ft

38901 Grand Ave. North Branch, MN 55056

Graphic Homes, Inc.

From $150,900

3 Br | 2 Ba | 1,152 sq ft

274 Kingsway Drive. North Mankato, MN 56003

From $299,900

2 Br | 2 Ba | 1,220 sq ft

701 Cherrywood Lane Ne. Isanti, MN 55040

From $144,000

3 Br | 2 Ba | 1,568 sq ft

501 Cimarron. Lake Elmo, MN 55042

From $298,500

2 Br | 1 Ba | 1,013 sq ft

65 Fitzgerald Avenue N. Rush City, MN 55069

From $103,000

3 Br | 2 Ba | 1,056 sq ft

439 Cimarron. Lake Elmo, MN 55042

From $294,500

4 Br | 2 Ba | 2,324 sq ft

330 21St Avenue Sw. Cambridge, MN 55008

From $119,900

3 Br | 2 Ba

141 Lynn. Mankato, MN 56001

From $142,900

3 Br | 2 Ba

136 Terri. Mankato, MN 56001

From $294,900

2 Br | 2 Ba | 1,356 sq ft

1109 Sakatah Court. Madison Lake, MN 56063

From $299,900

2 Br | 1 Ba | 1,120 sq ft

855 10Th Street. Clearwater, MN 55320

From $139,900

3 Br | 2 Ba

227 Cleopatra Dr. Lakeville, MN 55044

From $299,900

3 Br | 2 Ba | 2,052 sq ft

3065 Bluestem Trail. Mankato, MN 56001

From $289,900

2 Br | 2 Ba | 1,244 sq ft

38828 Maple Court. North Branch, MN 55056

From $107,900

3 Br | 2 Ba | 1,216 sq ft

287 Cimarron. Lake Elmo, MN 55042

From $119,900

3 Br | 2 Ba

145 Lynn. Mankato, MN 56001

From $299,900

3 Br | 2 Ba | 2,052 sq ft

3069 Bluestem Trail. Mankato, MN 56001

From $119,900

3 Br | 2 Ba

25 Wood Dr. Mankato, MN 56001

From $102,900

3 Br | 2 Ba | 1,056 sq ft

60 Cimarron. Lake Elmo, MN 55042

From $115,900

3 Br | 2 Ba

17 Wood Dr. Mankato, MN 56001

From $295,000

2 Br | 2 Ba | 1,244 sq ft

38769 Maple Court. North Branch, MN 55056

From $299,900

4 Br | 2 Ba | 2,260 sq ft

2108 Cleveland Lane S. Cambridge, MN 55008

From $153,900

2 Br | 2 Ba | 960 sq ft

168 Kingsway Drive. North Mankato, MN 56003

From $200,900

3 Br | 2 Ba | 1,200 sq ft

7446 Oakley Street Ne. Fridley, MN 55432

From $98,800

2 Br | 2 Ba | 960 sq ft

458 Cimarron. Lake Elmo, MN 55042

From $142,900

3 Br | 2 Ba

144 Terri. Mankato, MN 56001

From $159,900

3 Br | 2 Ba | 1,088 sq ft

291 Kingsway Drive. North Mankato, MN 56003

From $119,900

3 Br | 2 Ba

143 Lynn. Mankato, MN 56001

From $154,900

3 Br | 2 Ba | 1,088 sq ft

280 Kingsway Drive. North Mankato, MN 56003

From $294,500

4 Br | 2 Ba | 2,324 sq ft

320 21St Avenue Sw. Cambridge, MN 55008

From $158,900

3 Br | 2 Ba | 1,200 sq ft

7422 Oakley Street Ne. Fridley, MN 55432

From $152,900

3 Br | 2 Ba | 1,088 sq ft

296 Kingsway Drive. North Mankato, MN 56003

From $149,900

3 Br | 2 Ba | 1,088 sq ft

162 Kingsway Drive. North Mankato, MN 56003

From $294,900

2 Br | 2 Ba | 1,356 sq ft

1105 Sakatah Court. Madison Lake, MN 56063

From $108,000

3 Br | 2 Ba | 1,216 sq ft

629 Cimarron. Lake Elmo, MN 55042

From $144,900

3 Br | 2 Ba | 1,200 sq ft

1009 South Circle. Fridley, MN 55432

From $162,900

3 Br | 2 Ba | 1,200 sq ft

1034 North Circle Ne. Fridley, MN 55432

From $142,900

3 Br | 2 Ba

203 Arthur. Mankato, MN 56001

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Market Snapshot

New Homes in Minneapolis-St. Paul by Region

RegionHomesAverage New Home Price
Northeast Minneapolis 13$454,000

Top New Home Cities in Minneapolis-St. Paul

CityHomesAverage New Home Price
Rogers112$423,714
Rosemount97$469,506
Corcoran96$525,616
Otsego79$459,382
Dayton76$531,244
Woodbury73$534,490
Blaine64$459,347
Shakopee57$503,865
Lakeville57$516,674
Saint Michael53$462,770
Hugo50$499,890
Cottage Grove47$477,441

Minneapolis & St. Paul features many of the best homes builders and new construction homes 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 is still possible to design and build an affordable home in the Minneapolis & St. Paul area. In fact, there are 45 new homes for sale in Minneapolis & St. Paul with a good selection of cheaper 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.