Market Summary

Summit University, Ramsey County, MN

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Median Home Price Price

$297,964 $298K

Median Monthly Rent Rent

$1,429 $1.4K

GRM

17.0x

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
$243,588 $1,463 14.0x
$276,576 $1,473 16.0x
$232,723 $1,535 13.0x
$270,813 $1,539 15.0x
$255,941 $1,530 14.0x
$256,355 $1,595 13.0x
$227,289 $1,402 14.0x

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
$359,640 $1,479 20.0x
$320,201 $1,760 15.0x
$417,326 $1,948 18.0x
$366,678 $2,008 15.0x
$223,587 $1,650 11.0x
$214,277 $1,511 12.0x
$304,299 $1,749 14.0x

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
$306,282 $1,436 18.0x
$323,385 $1,433 19.0x
$218,986 $1,393 13.0x
$462,707 $1,373 28.0x
$249,025 $1,665 13.0x
$335,293 $1,616 17.0x
$335,974 $1,385 20.0x
$319,956 $1,418 19.0x
$379,502 $1,386 23.0x
$373,555 $2,108 15.0x
$257,317 $1,427 15.0x
$438,587 $1,414 26.0x
$335,226 $1,749 16.0x
$392,831 $1,382 24.0x
$404,960 $1,546 22.0x
$297,622 $1,306 19.0x
$419,312 $1,380 25.0x
$398,487 $1,942 17.0x
$243,015 $1,364 15.0x
$283,917 $1,449 16.0x
$372,894 $1,912 16.0x
$275,679 $1,475 16.0x

Home prices

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Monthly rent

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GRM

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Summit-University

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Trend Insights

Median Rent in Summit-University, MN is $1,429, with MoM change +$11 and YoY change +$47 pointing to positive momentum while volatility is low (std $10).

Benchmark Markets Side by Side

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Metric
Base market Summit-University, MN
Compare market Select a market
Delta vs base
Median rent
$1,429
N/A
Median price
$297,964
N/A
YoY change
+$47
N/A
Price-to-rent
17.4x
Data unavailable
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