Market Summary

Andover, Anoka County, MN

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Median Home Price Price

$419,292 $419.3K

Median Monthly Rent Rent

$1,979 $2K

GRM

18.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Anoka County

Region Price Rent GRM Display
$435,408 $1,522 24.0x
$296,971 $1,929 13.0x
$368,733 $1,523 20.0x
$389,655 $1,550 21.0x
$311,850 $1,538 17.0x
$311,930 $1,674 16.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MN outside of Anoka County

Region Price Rent GRM Display
$314,196 $1,965 13.0x
$317,312 $1,629 16.0x
$320,131 $1,596 17.0x
$329,027 $1,522 18.0x
$361,550 $1,432 21.0x
$378,216 $1,328 24.0x
$329,396 $1,102 25.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of MN

Region Price Rent GRM Display
$452,332 $1,969 19.0x
$436,227 $1,945 19.0x
$308,333 $1,808 14.0x
$605,072 $2,018 25.0x
$335,749 $1,462 19.0x
$396,941 $1,990 17.0x
$607,351 $1,851 27.0x
$346,831 $1,688 17.0x
$402,462 $1,864 18.0x
$1,030,087 $1,950 44.0x
$467,850 $1,930 20.0x
$214,571 $868 21.0x
$529,401 $1,982 22.0x
$420,245 $2,113 17.0x
$399,634 $1,944 17.0x
$370,127 $2,137 14.0x
$502,307 $2,379 18.0x
$266,451 $1,079 21.0x
$509,241 $1,946 22.0x
$249,843 $1,148 18.0x
$518,350 $1,918 23.0x
$216,992 $1,090 17.0x
$252,062 $1,102 19.0x
$441,140 $1,865 20.0x
$529,615 $1,848 24.0x

Home prices

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Monthly rent

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GRM

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Andover

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Trend Insights

Median Rent in Andover, MN is $1,979, with MoM change +$18 and YoY change +$98 pointing to positive momentum while volatility is low (std $22).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Andover, MN.

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Metric
Base market Andover, MN
Compare market Select a market
Delta vs base
Median rent
$1,979
N/A
Median price
$419,292
N/A
YoY change
+$98
N/A
Price-to-rent
17.7x
Data unavailable
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