Market Summary

Phillips West, Hennepin County, MN

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Median Home Price Price

$226,959 $227K

Median Monthly Rent Rent

$1,488 $1.5K

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
$225,715 $1,602 12.0x
$267,967 $1,544 14.0x
$250,659 $1,803 12.0x
$351,623 $1,940 15.0x

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

Region Price Rent GRM Display
$243,588 $1,463 14.0x
$227,289 $1,402 14.0x
$220,285 $1,389 13.0x

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
$367,315 $1,744 18.0x
$330,565 $1,898 15.0x
$257,370 $1,940 11.0x
$403,869 $1,546 22.0x
$218,952 $2,001 9.0x
$338,686 $1,418 20.0x
$269,244 $1,485 15.0x
$224,950 $1,537 12.0x
$335,072 $1,535 18.0x
$374,090 $1,439 22.0x
$352,737 $1,996 15.0x
$193,317 $1,042 15.0x
$366,309 $2,007 15.0x
$241,521 $1,394 14.0x
$252,051 $1,440 15.0x
$287,472 $1,961 12.0x
$295,696 $1,459 17.0x
$259,218 $1,509 14.0x
$271,280 $1,528 15.0x

Home prices

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Monthly rent

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GRM

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Phillips West

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Trend Insights

Median Rent in Phillips West, MN is $1,488, with MoM change +$9 and YoY change +$36 pointing to positive momentum while volatility is low (std $8).

Benchmark Markets Side by Side

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

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Metric
Base market Phillips West, MN
Compare market Select a market
Delta vs base
Median rent
$1,488
N/A
Median price
$226,959
N/A
YoY change
+$36
N/A
Price-to-rent
12.7x
Data unavailable
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