Market Summary

Elmwood, Hennepin County, MN

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Median Home Price Price

$292,819 $292.8K

Median Monthly Rent Rent

$2,034 $2K

GRM

12.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Hennepin 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 Hennepin 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 outside of MN

Region Price Rent GRM Display
$222,893 $1,667 11.0x
$296,972 $2,234 11.0x
$265,162 $1,852 12.0x
$236,179 $2,000 10.0x
$269,925 $2,122 11.0x
$1,261,998 $1,881 56.0x
$263,298 $2,175 10.0x
$254,274 $2,043 10.0x
$271,979 $1,570 14.0x
$320,361 $2,407 11.0x
$208,470 $1,679 10.0x

Home prices

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Monthly rent

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GRM

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Elmwood

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Trend Insights

Median Rent in Elmwood, MN is $2,034, with MoM change $0 and YoY change -$25 signaling softening momentum while volatility is low (std $9).

Benchmark Markets Side by Side

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

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Metric
Base market Elmwood, MN
Compare market Select a market
Delta vs base
Median rent
$2,034
N/A
Median price
$292,819
N/A
YoY change
-$25
N/A
Price-to-rent
12.0x
Data unavailable
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