Diamond Lake, Minneapolis,MN

Diamond Lake is a vibrant and welcoming neighborhood in southeast Minneapolis that offers a perfect blend of suburban charm and urban convenience. Known for its beautiful eponymous lake, Diamond Lake boasts scenic walking trails, picnic areas, and a popular park that residents love for outdoor activities and family gatherings. The community is tight-knit, with numerous local events hosted throughout the year, making it a great place for newcomers to build connections. Whether you enjoy fishing, paddle boating, or simply relaxing by the water, Diamond Lake provides a peaceful retreat right in the heart of the city.

For those who enjoy shopping and dining, Diamond Lake doesn’t disappoint. The neighborhood is home to several cozy eateries, cafes, and boutique shops that give it a unique, small-town feel within a bustling city. Additionally, the Diamond Lake Library offers a fantastic resource for both kids and adults, with regular programming and community events that foster learning and creativity. Families will appreciate the nearby schools and recreational centers, which add to the appeal for those relocating with children. With well-maintained sidewalks and bike paths, getting around the neighborhood on foot or by bike is both safe and enjoyable.

One of Diamond Lake's biggest perks is its accessibility; downtown Minneapolis is just a short 10 to 15-minute drive away, making it easy for residents to commute to work or enjoy the cultural offerings of the city center. Whether you’re heading to a Twins game, exploring museums, or dining at some of the city’s top restaurants, you’re never far from the action. This proximity, combined with the neighborhood’s peaceful atmosphere and attractive amenities, makes Diamond Lake a highly sought-after spot for those looking to relocate to Minneapolis. It’s truly a place where city life and natural beauty come together harmoniously.

In Diamond Lake, 36% of residents aged 16 and older are married, which is notably higher than the national average. This could point to a more settled, community-driven neighborhood where long-term residents and homeowners are common. It’s the kind of place where stability, and a close-knit atmosphere make it especially appealing to families and couples looking to put down roots.

36% of people over 16 have children, so you're likely to find a balanced mix of family life and adult-oriented living. The neighborhood tends to feel lively without being overwhelming, with a good blend of young families, professionals, and long-term residents. Parks, playgrounds, and local schools contribute to a friendly community atmosphere, while quieter pockets and mature spaces appeal to those seeking peace and privacy. This balance makes the area welcoming to nearly everyone.

Diamond Lake demographic details provide a clearer picture of what life is like in the neighborhood, offering insight into its character, community, and overall lifestyle. With a population of 5,250, the number of residents who reside in Diamond Lake is about average in size compared to other Minneapolis neighborhoods, striking a perfect balance between energy and tranquility. It’s large enough to offer plenty of amenities, activities, and a vibrant local scene, yet small enough to maintain a welcoming community feel and a more relaxed pace of life.

Diamond Lake has a population density of 5,958, which strikes a balanced feel when compared to other Minneapolis neighborhoods. The area offers just the right mix of activity and breathing room, creating a community that’s lively yet comfortable, with easy access to amenities and everyday conveniences.

With an average age of 39, you're likely to find a well-balanced community where multiple generations live side by side. This mix of age groups contributes to a neighborhood atmosphere that’s both active and welcoming, offering a blend of fresh perspectives and long-standing community values.

The Diamond Lake crime map offers a clear, data-driven look at how crime is distributed throughout the neighborhood, using block group data to highlight both safer areas and potential hot spots. The color-coded map makes it easy to see where crime is more concentrated and where it occurs less frequently, helping residents and prospective buyers better understand local safety patterns. It’s important to note that darker or red zones on the map don’t necessarily mean those areas are unsafe — locations near busy transit hubs, shopping districts, or popular attractions often show higher activity simply due to larger crowds and increased foot traffic.

Housing costs often reflect the desirability and overall character of a neighborhood. In Diamond Lake, home prices come in around $420,721, which is higher than many other areas. This elevated pricing points to a sought-after location with strong demand, well-maintained properties, and access to premium amenities that contribute to a higher quality of life. Historical home price trends and appreciation rates in Diamond Lake can serve as a window into the neighborhood’s economic strength and future potential. By understanding how the market has performed in the past, buyers and investors can better evaluate whether the area offers promising opportunities for growth and long-term value.

With an average rent price of $1,774, rental rates in Diamond Lake are higher than many other neighborhoods. This reflects the area’s desirability and strong demand, often accompanied by well-maintained properties, premium amenities, and a high quality of life.

School ratings in Diamond Lake combine factors like student performance, graduation rates, and standardized test scores to provide a clear picture of overall educational quality. The use of NAEP (National Assessment of Educational Progress) scores adds valuable context by offering a consistent national benchmark to see how local schools compare on a broader scale. Additionally, understanding the overall education level achieved by residents in Diamond Lake can give insight into the community’s priorities and opportunities, helping families make more informed decisions about where to live and how well local schools may support long-term student success.