Market Summary

Prospect Knolls, Hennepin County, MN

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Median Home Price Price

$640,717 $640.7K

Median Monthly Rent Rent

$1,944 $1.9K

GRM

27.0x

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
$717,013 $2,044 29.0x
$353,358 $1,931 15.0x
$623,640 $2,277 23.0x
$538,896 $2,074 22.0x
$366,248 $1,921 16.0x
$462,366 $1,700 23.0x
$395,845 $1,958 17.0x
$698,621 $2,149 27.0x
$385,882 $2,056 16.0x
$351,755 $1,847 16.0x
$544,339 $1,955 23.0x

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
$459,637 $1,992 19.0x
$417,326 $1,948 18.0x
$343,594 $1,902 15.0x

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
$444,155 $1,285 29.0x
$550,100 $1,632 28.0x
$705,783 $1,888 31.0x
$365,656 $1,146 27.0x
$1,300,142 $1,898 57.0x
$387,726 $1,602 20.0x
$472,832 $1,854 21.0x
$450,744 $1,411 27.0x
$383,436 $1,435 22.0x
$270,720 $1,226 18.0x
$633,319 $1,960 27.0x
$452,449 $1,300 29.0x
$461,509 $1,714 22.0x
$919,523 $2,044 37.0x
$669,961 $1,897 29.0x
$296,004 $1,460 17.0x
$333,757 $1,729 16.0x
$745,431 $1,954 32.0x
$378,411 $1,170 27.0x
$589,098 $1,856 26.0x
$454,485 $1,672 23.0x

Home prices

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Monthly rent

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GRM

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Prospect Knolls

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Trend Insights

Median Rent in Prospect Knolls, MN is $1,944, with MoM change +$18 and YoY change +$102 pointing to positive momentum while volatility is low (std $23).

Benchmark Markets Side by Side

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Metric
Base market Prospect Knolls, MN
Compare market Select a market
Delta vs base
Median rent
$1,944
N/A
Median price
$640,717
N/A
YoY change
+$102
N/A
Price-to-rent
27.5x
Data unavailable
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