Farmington, Dakota County, MN Housing Trends, Rent, Price-to-Rent

Market Summary

Farmington, Dakota County, MN

Median Home Price Price

$387,270 $387.3K

Median Monthly Rent Rent

$1,712 $1.7K

GRM

19.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Farmington, MN is $1,712, with MoM change +$14 and YoY change +$70 pointing to positive momentum while volatility is low (std $15).

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Metric

Base market Farmington, MN

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Delta vs base

Median rent

$1,712

N/A

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Median price

$387,270

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YoY change

+$70

N/A

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Price-to-rent

18.9x

Data unavailable

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