Market Summary

Promenade, Hennepin County, MN

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Median Home Price Price

$200,833 $200.8K

Median Monthly Rent Rent

$1,849 $1.8K

GRM

9.0x

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
$153,122 $1,984 6.0x
$171,654 $2,041 7.0x

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

Region Price Rent GRM Display
$242,721 $1,264 16.0x
$87,403 $1,566 5.0x
$326,334 $1,578 17.0x
$232,914 $1,661 12.0x
$264,226 $2,087 11.0x
$46,315 $1,094 4.0x
$218,757 $1,301 14.0x
$114,571 $1,498 6.0x
$131,866 $1,223 9.0x
$98,772 $1,144 7.0x
$59,755 $1,083 5.0x
$362,557 $1,537 20.0x
$147,703 $1,612 8.0x
$316,592 $1,264 21.0x
$374,712 $1,274 25.0x
$531,127 $2,140 21.0x
$172,652 $1,237 12.0x

Home prices

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Monthly rent

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GRM

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Promenade

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Trend Insights

Median Rent in Promenade, MN is $1,849, with MoM change +$18 and YoY change +$86 pointing to positive momentum while volatility is low (std $20).

Benchmark Markets Side by Side

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Metric
Base market Promenade, MN
Compare market Select a market
Delta vs base
Median rent
$1,849
N/A
Median price
$200,833
N/A
YoY change
+$86
N/A
Price-to-rent
9.1x
Data unavailable
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