Market Summary

Minneapolis, Hennepin County, MN

Login to save

Median Home Price Price

$313,340 $313.3K

Median Monthly Rent Rent

$1,890 $1.9K

GRM

14.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Hennepin County

Region Price Rent GRM Display
$297,534 $1,522 16.0x
$302,471 $1,525 17.0x
$286,608 $1,523 16.0x
$404,785 $2,199 15.0x
$353,494 $1,960 15.0x
$314,196 $1,965 13.0x
$329,955 $1,525 18.0x
$363,706 $1,520 20.0x
$335,673 $1,516 18.0x

Home prices

Chart loads when visible.

Monthly rent

Chart loads when visible.

GRM

Chart loads when visible.

Similar markets within MN outside of Hennepin County

Region Price Rent GRM Display
$351,158 $1,802 16.0x
$385,205 $1,868 17.0x
$339,707 $1,584 18.0x
$374,530 $1,865 17.0x
$411,573 $2,378 14.0x
$327,214 $1,518 18.0x
$311,930 $1,674 16.0x
$320,145 $1,380 19.0x
$311,850 $1,538 17.0x
$304,787 $1,536 16.0x
$282,303 $1,742 13.0x
$361,820 $1,521 20.0x
$296,971 $1,929 13.0x
$366,390 $1,517 20.0x
$388,019 $1,805 18.0x

Home prices

Chart loads when visible.

Monthly rent

Chart loads when visible.

GRM

Chart loads when visible.

Similar markets outside of MN

Region Price Rent GRM Display
$611,803 $1,892 27.0x
$715,755 $1,843 32.0x
$434,692 $1,832 20.0x
$413,809 $1,827 19.0x
$492,883 $1,834 22.0x
$336,543 $1,810 15.0x
$509,868 $1,817 23.0x
$635,023 $1,844 29.0x
$647,722 $1,793 30.0x
$1,030,087 $1,950 44.0x
$341,168 $2,203 13.0x
$488,040 $1,836 22.0x
$296,878 $1,642 15.0x
$441,580 $1,842 20.0x
$575,082 $1,851 26.0x
$529,615 $1,848 24.0x
$338,311 $1,867 15.0x
$354,767 $2,061 14.0x

Home prices

Chart loads when visible.

Monthly rent

Chart loads when visible.

GRM

Chart loads when visible.
Minneapolis

Map loads when visible.

Trend Insights

Median Rent in Minneapolis, MN is $1,890, with MoM change +$16 and YoY change +$81 pointing to positive momentum while volatility is low (std $18).

Benchmark Markets Side by Side

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

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Minneapolis, MN
Compare market Select a market
Delta vs base
Median rent
$1,890
N/A
Median price
$313,340
N/A
YoY change
+$81
N/A
Price-to-rent
13.8x
Data unavailable
Frequently Asked Questions