Melody Lake, Hennepin County, MN Housing Trends, Rent, Price-to-Rent

Market Summary

Melody Lake, Hennepin County, MN

Median Home Price Price

$594,594 $594.6K

Median Monthly Rent Rent

$2,351 $2.4K

GRM

21.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Melody Lake, MN is $2,351, with MoM change +$20 and YoY change +$106 pointing to positive momentum while volatility is low (std $24).

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Metric

Base market Melody Lake, MN

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Delta vs base

Median rent

$2,351

N/A

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Median price

$594,594

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YoY change

+$106

N/A

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Price-to-rent

21.1x

Data unavailable

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