Market Summary

Payne Phalen, Ramsey County, MN

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Median Home Price Price

$243,588 $243.6K

Median Monthly Rent Rent

$1,463 $1.5K

GRM

14.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Ramsey County

Region Price Rent GRM Display
$256,355 $1,595 13.0x
$232,723 $1,535 13.0x
$297,964 $1,429 17.0x
$255,941 $1,530 14.0x
$270,813 $1,539 15.0x
$227,289 $1,402 14.0x
$267,085 $1,512 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 Ramsey County

Region Price Rent GRM Display
$267,967 $1,544 14.0x
$320,201 $1,760 15.0x
$304,299 $1,749 14.0x
$223,587 $1,650 11.0x
$283,521 $1,748 14.0x
$376,021 $2,269 14.0x
$248,040 $1,850 11.0x

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
$295,696 $1,459 17.0x
$427,332 $1,456 24.0x
$313,555 $1,556 17.0x
$391,191 $1,437 23.0x
$216,844 $1,475 12.0x
$528,126 $1,387 32.0x
$278,609 $1,881 12.0x
$374,090 $1,439 22.0x
$266,061 $1,407 16.0x
$290,632 $1,732 14.0x

Home prices

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Monthly rent

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GRM

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Payne Phalen

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Trend Insights

Median Rent in Payne Phalen, MN is $1,463, with MoM change +$10 and YoY change +$45 pointing to positive momentum while volatility is low (std $9).

Benchmark Markets Side by Side

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Metric
Base market Payne Phalen, MN
Compare market Select a market
Delta vs base
Median rent
$1,463
N/A
Median price
$243,588
N/A
YoY change
+$45
N/A
Price-to-rent
13.9x
Data unavailable
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