Market Summary

Palmer Lake, Hennepin County, MN

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Median Home Price Price

$247,914 $247.9K

Median Monthly Rent Rent

$1,601 $1.6K

GRM

13.0x

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
$398,174 $1,825 18.0x
$217,724 $1,612 11.0x
$318,763 $1,650 16.0x
$357,409 $1,846 16.0x
$235,564 $1,613 12.0x
$273,151 $1,544 15.0x
$223,587 $1,650 11.0x
$330,888 $1,565 18.0x
$283,521 $1,748 14.0x
$364,671 $1,633 19.0x
$314,243 $1,675 16.0x
$311,354 $1,582 16.0x
$323,201 $1,567 17.0x
$370,416 $1,760 17.0x
$248,040 $1,850 11.0x
$326,330 $1,647 16.0x
$253,735 $1,819 12.0x
$342,943 $1,550 18.0x
$304,299 $1,749 14.0x
$297,561 $1,550 16.0x
$339,322 $1,622 17.0x
$214,277 $1,511 12.0x
$339,027 $1,678 17.0x

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

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

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GRM

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Palmer Lake

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Trend Insights

Median Rent in Palmer Lake, MN is $1,601, with MoM change +$16 and YoY change +$78 pointing to positive momentum while volatility is low (std $18).

Benchmark Markets Side by Side

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

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Metric
Base market Palmer Lake, MN
Compare market Select a market
Delta vs base
Median rent
$1,601
N/A
Median price
$247,914
N/A
YoY change
+$78
N/A
Price-to-rent
12.9x
Data unavailable
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