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Minneapolis Metro Report: July 2017

The Zumper Minneapolis Metro Report analyzed active listings in June across 13 metro cities to show the most and least expensive cities and cities with the fastest growing rents.

Cities Ranked By Rent

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The Most Expensive

Apple Valley, MN stayed the most expensive city to rent in the metro. One bedroom units were priced at a median of $1,260.

Edina, MN prices were slightly down. The median rent price for one bedroom units was $1,240.

WoodburyMinneapolis, MN were tied for third with median rent at $1,230.

The Least Expensive

Coon Rapids, MN stayed the most affordable city with a median rent of $840.

St. Paul, MN rent grew slightly to $920, but remained the second most affordable city on the list.

Burnsville, MN kept its ranking as well. One bedroom units were priced at a median of $990.

Growth Rate

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The Fastest Growing (Y/Y%)

Maple Grove, MN rent was the fastest-growing year over year, up 15.7% since this time last June.

Minnetonka, MN was second with a 15.2% yearly growth rate.

Edina, MN rent climbed by 12.7% this year, making it the third fastest-growing.

The Fastest Growing (M/M%)

Maple Grove, MN rent climbed 5.4%, experiencing the largest monthly growth rate.

Bloomington, MN rent followed behind with a 4.9% monthly growth rate.

Eden Prairie, MN ranked rent was up by 3.5% compared to last month.

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Full Data

1 Bedroom2 Bedrooms
Pos.+/-CityPriceM/M %Y/Y %PriceM/M %Y/Y %
10San Francisco, Californie$3.420-0,9%-1,2%$4.5000,0%-6,1%
20New York, NY$2.940-0,3%-8,1%$3.300-1,5%-6,8%
30San Jose, CA$2.380-0,4%7,2%$2.820-0,4%-2,1%
41Boston, Massachusetts$2.2000,0%-1,3%$2.6500,8%4,7%
40Washington, D.C.$2.200-0,5%2,8%$3.150-4,3%5,7%
60Los Angeles, Californie$2.1502,4%8,0%$3.1003,3%2,6%
7-1Oakland, CA$2.1301,4%-3,6%$2.5301,2%-7,3%
80Seattle, WA$1.9401,6%7,2%$2.480-0,8%4,2%
90Honolulu, HI$1.8000,0%0,6%$2.190-4,8%-13,1%
90Miami, Floride$1.8000,0%-3,7%$2.450-2,0%-2,4%
111San Diego, CA$1.6001,3%5,3%$2.2703,2%7,6%
12-1Chicago, Illinois$1.590-4,8%-10,7%$2.140-0,5%-15,1%
130Fort Lauderdale, FL$1.5601,3%-1,3%$1.9000,0%-5,0%
141Philadelphie, Pennsylvanie$1.4000,7%5,3%$1.6000,6%8,1%
15-1Long Beach, CA$1.390-0,7%15,8%$1.8702,2%8,7%
161Providence, RI$1.3600,7%-9,3%$1.4301,4%-12,8%
17-1Portland, Oregon$1.350-0,7%-3,6%$1.590-0,6%-4,2%
180Baltimore, MD$1.3400,8%13,6%$1.450-1,4%6,6%
192Atlanta, Géorgie$1.3104,0%0,8%$1.6603,8%0,6%
200Dallas, Texas$1.3001,6%3,2%$1.8002,9%6,5%
202Denver, Colorado$1.3004,8%8,3%$1.8502,8%12,1%
22-4New Orleans, LA$1.260-5,3%-1,6%$1.6000,0%0,0%
230Minneapolis, MN$1.200-2,4%-4,0%$1.690-2,3%9,0%
234Pittsburgh, PA$1.2005,3%10,1%$1.370-4,9%7,9%
251Nashville, TN$1.1903,5%15,5%$1.4100,7%10,2%
26-1Madison, WI$1.1800,9%6,3%$1.2300,8%-11,5%
274Irving, TX$1.1503,6%15,0%$1.4201,4%14,5%
27-3Scottsdale, AZ$1.150-4,2%4,5%$2.0000,0%5,3%
290Charlotte, Caroline du Nord$1.1400,9%15,2%$1.230-4,7%8,8%
302Plano, TX$1.1304,6%4,6%$1.4902,8%5,7%
31-2Houston, Texas$1.120-0,9%15,5%$1.380-3,5%13,1%
31-4Sacramento, CA$1.120-1,8%15,5%$1.240-0,8%15,9%
332Austin, Texas$1.0803,8%-2,7%$1.3804,5%-4,2%
33-1Orlando, Floride$1.0800,0%10,2%$1.250-1,6%7,8%
35-1Tampa, Floride$1.0701,9%15,1%$1.2602,4%14,5%
362Gilbert, AZ$1.0405,1%7,2%$1.3400,0%6,3%
37-1Raleigh, NC$1.0303,0%9,6%$1.1600,9%10,5%
382Virginia Beach, VA$1.0205,2%12,1%$1.2001,7%1,7%
39-3Aurora, CO$1.0000,0%6,4%$1.3901,5%6,9%
395Richmond, VA$1.0004,2%11,1%$1.2000,0%11,1%
41-1Durham, NC$9801,0%15,3%$1.1300,9%13,0%
41-1Newark, NJ$9801,0%15,3%$1.2000,0%0,0%
431Chandler, AZ$9701,0%3,2%$1.1801,7%5,4%
443Fort Worth, TX$9503,3%15,9%$1.1403,6%15,2%
44-5Henderson, NV$950-3,1%9,2%$1.090-1,8%0,9%
461Buffalo, NY$9402,2%11,9%$1.3000,0%14,0%
47-7Chesapeake, VA$920-5,2%-6,1%$1.1903,5%0,8%
481Salt Lake City, UT$9000,0%15,4%$1.180-1,7%15,7%
48-2St Petersburg, FL$900-5,3%9,8%$1.390-2,8%2,2%
503Jacksonville, FL$8801,1%2,3%$1.070-2,7%3,9%
51-2Corpus Christi, TX$870-3,3%-2,2%$1.0000,0%-4,8%
511Phoenix, Arizona$870-1,1%4,8%$1.1001,9%10,0%
53-4Anchorage, AK$860-4,4%-5,5%$1.2000,0%4,3%
542Kansas City, MO$8402,4%13,5%$1.000-1,0%14,9%
557Des Moines, IA$8305,1%15,3%$9102,2%4,6%
550Fresno, CA$830-2,4%10,7%$1.0000,0%11,1%
551San Antonio, TX$8301,2%-2,4%$1.0400,0%-4,6%
557Syracuse, NY$8305,1%3,8%$1.0001,0%-3,8%
59-5Boise, ID$820-4,7%6,5%$9001,1%9,8%
593Lexington, KY$8203,8%6,5%$930-1,1%-1,1%
61-3Las Vegas, Nevada$8101,3%3,8%$1.0002,0%8,7%
611Louisville, KY$8102,5%14,1%$8502,4%9,0%
61-3Mesa, AZ$8101,3%9,5%$950-3,1%0,0%
64-6Baton Rouge, LA$8000,0%1,3%$910-1,1%2,2%
651Colorado Springs, CO$7901,3%3,9%$1.1000,0%7,8%
65-7Milwaukee, WI$790-1,3%-2,5%$960-1,0%5,5%
670Omaha, NE$7801,3%2,6%$9503,3%-3,1%
684Knoxville, TN$7505,6%1,4%$800-2,4%-3,6%
693Reno, NV$7302,8%15,9%$1.0601,9%14,0%
690Rochester, NY$7300,0%7,4%$8801,1%10,0%
71-3Laredo, TX$720-4,0%-7,7%$8904,7%1,1%
710Norfolk, VA$7200,0%2,9%$9000,0%5,9%
736Arlington, TX$7002,9%-2,8%$9402,2%1,1%
73-4Bakersfield, CA$700-4,1%2,9%$9000,0%13,9%
732St Louis, MO$7000,0%4,5%$1.0202,0%9,7%
763Cleveland, OH$6901,5%15,0%$7801,3%-1,3%
775Chattanooga, TN$6803,0%-11,7%$7701,3%-15,4%
77-2Columbus, Ohio$680-2,9%15,3%$920-4,2%4,5%
771Glendale, AZ$680-1,4%4,6%$9000,0%-2,2%
777Spokane, WA$6804,6%9,7%$820-4,7%6,5%
81-9Cincinnati, OH$670-5,6%15,5%$9705,4%15,5%
81-6Lincoln, NE$670-4,3%-4,3%$830-4,6%-9,8%
83-4Winston Salem, NC$660-2,9%11,9%$7302,8%0,0%
846El Paso, TX$6504,8%1,6%$7500,0%-2,6%
842Memphis, TN$6501,6%8,3%$6801,5%0,0%
842Tucson, AZ$6501,6%12,1%$8500,0%3,7%
873Albuquerque, NM$6301,6%1,6%$8002,6%-3,6%
87-3Augusta, GA$630-3,1%-3,1%$7800,0%0,0%
87-5Greensboro, NC$630-4,5%-6,0%$8201,2%13,9%
871Oklahoma City, OK$6300,0%-1,6%$7804,0%0,0%
871Tallahassee, FL$6300,0%-3,1%$7700,0%2,7%
920Indianapolis, IN$6000,0%5,3%$700-1,4%2,9%
921Tulsa, OK$6001,7%7,1%$7502,7%1,4%
941Lubbock, TX$5703,6%1,8%$7500,0%-6,3%
95-1Shreveport, LA$5600,0%0,0%$6500,0%-8,5%
960Akron, OH$530-1,9%3,9%$650-3,0%-4,4%
962Detroit, MI$5300,0%-3,6%$6000,0%-7,7%
960Wichita, KS$530-1,9%10,4%$650-1,5%6,6%
990Fort Wayne, IN$4802,1%-2,0%$5900,0%5,4%
1000Toledo, OH$4704,4%9,3%$5905,4%5,4%

About

The Zumper Minneapolis Metro Report analyzed active listings that hit the market in June 2017. Listings are aggregated by city to calculate median asking rents.

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