Diamond Lake, on the southeast side of Minneapolis, is a thriving community that is made up largely of owner-occupied single family detached homes. The neighborhood takes its name from the lake that is located at its western end. The community is active and lively, with a congenial suburban feel, but located close to the center of the city for easy access to downtown and the highways.Read More
Diamond Lake Park was established in 1926 and continues to be the centerpiece of the beautiful little urban neighborhood. The lake itself covers 30 acres, and the park is an additional 40 acres of land devoted to relaxation and recreation.
The median household income in Diamond Lake is significantly above the median household income for Minneapolis as a whole, and that difference is also reflected in the housing stock. The median house value for homes in Diamond Lake is nearly 30% higher than the median value for the city. The neighborhood and its surroundings offer a taste of suburban living on the outskirts of the city.
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