Near North, Hennepin County, MN Housing Trends, Rent, Price-to-Rent

Market Summary

Near North, Hennepin County, MN

Median Home Price Price

$248,040 $248K

Median Monthly Rent Rent

$1,850 $1.9K

GRM

11.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Near North, MN is $1,850, with MoM change +$13 and YoY change +$58 pointing to positive momentum while volatility is low (std $13).

Benchmark Markets Side by Side

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Metric

Base market Near North, MN

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Delta vs base

Median rent

$1,850

N/A

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Median price

$248,040

N/A

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YoY change

+$58

N/A

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Price-to-rent

11.2x

Data unavailable

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