Market Summary

Tower, Saint Louis County, MN

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Median Home Price Price

$323,268 $323.3K

Median Monthly Rent Rent

$822 $822

GRM

33.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Saint Louis County

No similar markets found for this scope.

Home prices

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Monthly rent

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GRM

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Similar markets within MN outside of Saint Louis County

Region Price Rent GRM Display
$326,474 $914 30.0x
$354,022 $816 36.0x
$337,265 $877 32.0x

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
$328,405 $1,439 19.0x
$142,150 $885 13.0x
$549,647 $1,363 34.0x
$189,846 $1,167 14.0x
$292,037 $926 26.0x
$434,510 $1,164 31.0x
$320,649 $1,623 16.0x
$284,024 $875 27.0x
$564,199 $1,416 33.0x
$134,632 $912 12.0x
$760,145 $1,953 32.0x
$246,338 $1,192 17.0x
$271,705 $917 25.0x
$715,010 $1,836 32.0x
$206,172 $1,056 16.0x
$511,901 $1,457 29.0x
$243,715 $886 23.0x
$226,206 $943 20.0x
$786,867 $2,135 31.0x
$246,155 $1,168 18.0x
$227,796 $925 20.0x
$650,645 $1,755 31.0x
$189,874 $1,174 13.0x
$484,313 $1,227 33.0x
$304,969 $1,174 22.0x
$173,809 $918 16.0x
$657,098 $1,981 27.0x
$181,414 $880 17.0x
$729,786 $1,597 38.0x
$306,298 $1,343 19.0x
$568,393 $1,481 32.0x
$200,872 $1,505 11.0x
$329,242 $811 34.0x

Home prices

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Monthly rent

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GRM

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Tower

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Trend Insights

Median Rent in Tower, MN is $822, with MoM change +$8 and YoY change +$53 pointing to positive momentum while volatility is low (std $13).

Benchmark Markets Side by Side

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

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Metric
Base market Tower, MN
Compare market Select a market
Delta vs base
Median rent
$822
N/A
Median price
$323,268
N/A
YoY change
+$53
N/A
Price-to-rent
32.8x
Data unavailable
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