Prospect Park, Hennepin County, MN Housing Trends, Rent, Price-to-Rent

Market Summary

Prospect Park, Hennepin County, MN

Median Home Price Price

$396,218 $396.2K

Median Monthly Rent Rent

$1,478 $1.5K

GRM

22.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Prospect Park, MN is $1,478, with MoM change +$11 and YoY change +$46 pointing to positive momentum while volatility is low (std $10).

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Metric

Base market Prospect Park, MN

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Delta vs base

Median rent

$1,478

N/A

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Median price

$396,218

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YoY change

+$46

N/A

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Price-to-rent

22.3x

Data unavailable

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