Market Summary

Tonka Bay, Hennepin County, MN

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Median Home Price Price

$1,004,551 $1M

Median Monthly Rent Rent

$1,564 $1.6K

GRM

54.0x

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
$1,033,933 $1,573 55.0x
$752,805 $1,543 41.0x
$1,507,534 $1,569 81.0x
$996,767 $1,563 53.0x
$757,387 $1,542 41.0x
$551,204 $1,557 30.0x
$854,922 $2,023 35.0x
$791,257 $1,523 43.0x

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
$359,574 $1,033 29.0x
$441,245 $1,570 24.0x
$899,563 $1,557 48.0x

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
$585,222 $1,053 46.0x
$299,156 $1,496 17.0x
$385,932 $1,493 21.0x
$614,127 $1,237 41.0x
$539,109 $1,398 32.0x
$600,272 $1,558 32.0x
$212,691 $1,600 11.0x
$819,479 $2,559 27.0x
$636,157 $1,527 35.0x
$574,392 $1,572 30.0x
$517,165 $1,640 26.0x
$369,060 $1,148 27.0x
$306,669 $1,479 17.0x
$824,802 $1,193 57.0x
$406,578 $1,173 29.0x
$314,429 $1,587 16.0x
$509,774 $1,555 27.0x
$445,159 $1,061 35.0x
$765,814 $1,825 35.0x
$305,771 $1,383 18.0x
$746,019 $2,242 28.0x
$334,026 $1,530 18.0x
$1,288,457 $2,304 47.0x
$370,512 $1,438 21.0x
$579,938 $1,445 33.0x
$1,050,643 $1,823 48.0x

Home prices

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Monthly rent

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GRM

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Tonka Bay

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Trend Insights

Median Rent in Tonka Bay, MN is $1,564, with MoM change +$16 and YoY change +$115 pointing to positive momentum while volatility is low (std $28).

Benchmark Markets Side by Side

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

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Metric
Base market Tonka Bay, MN
Compare market Select a market
Delta vs base
Median rent
$1,564
N/A
Median price
$1,004,551
N/A
YoY change
+$115
N/A
Price-to-rent
53.5x
Data unavailable
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