Market Summary

Minnetonka, Hennepin County, MN

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Median Home Price Price

$453,694 $453.7K

Median Monthly Rent Rent

$1,694 $1.7K

GRM

22.0x

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
$472,913 $2,178 18.0x
$484,208 $1,520 27.0x
$377,890 $1,502 21.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MN outside of Hennepin County

Region Price Rent GRM Display
$311,930 $1,674 16.0x
$310,884 $1,643 16.0x
$336,563 $1,307 22.0x
$388,706 $1,554 21.0x
$320,131 $1,596 17.0x
$320,145 $1,380 19.0x
$368,510 $1,314 23.0x
$332,201 $1,540 18.0x

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
$447,319 $1,687 22.0x
$331,913 $1,557 18.0x
$356,076 $1,528 19.0x
$315,844 $1,722 15.0x
$452,332 $1,969 19.0x
$454,089 $1,586 24.0x
$269,977 $1,021 22.0x
$346,713 $1,640 18.0x
$338,967 $1,400 20.0x
$480,080 $1,664 24.0x
$371,817 $1,203 26.0x
$266,225 $1,187 19.0x
$224,706 $1,083 17.0x
$231,229 $1,592 12.0x
$282,491 $931 25.0x
$377,845 $1,404 22.0x
$442,259 $1,677 22.0x
$393,641 $1,504 22.0x
$226,488 $1,306 15.0x
$258,298 $1,312 16.0x
$397,814 $1,619 20.0x
$273,517 $1,584 14.0x
$259,152 $1,130 19.0x
$313,267 $1,188 22.0x
$256,071 $1,622 13.0x
$394,606 $1,520 22.0x
$298,195 $1,629 15.0x
$429,118 $1,843 19.0x
$618,277 $1,617 32.0x
$555,481 $2,118 22.0x
$481,478 $1,649 24.0x

Home prices

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Monthly rent

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GRM

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Minnetonka

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Trend Insights

Median Rent in Minnetonka, MN is $1,694, with MoM change +$15 and YoY change +$90 pointing to positive momentum while volatility is low (std $21).

Benchmark Markets Side by Side

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

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Minnetonka, MN
Compare market Select a market
Delta vs base
Median rent
$1,694
N/A
Median price
$453,694
N/A
YoY change
+$90
N/A
Price-to-rent
22.3x
Data unavailable
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