Minneapolis Metro Report: June 2017

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

Cities Ranked By Rent

Minneapolis Metro.001

Le plus cher

Apple Valley, MN climbed one spot this month and became the most expensive city to rent in the metro. One bedroom units were priced at a median of $1,270.

Edina & Woodbury, MN were tied for second with rent at $1,250.

Minneapolis, MN fell 2 spots and became the third priciest city with rent at $1,220.

Le moins cher

Coon Rapids, MN stayed the most affordable city with rent at $840.

St. Paul, MN rent also stayed flat this month at $900.

Burnsville, MN prices grew a slight $10 to $980, but remained the third most expensive city to rent.

Growth Rate

June Metro.004

La croissance la plus rapide (Y/Y%)

Maple Grove, MN rent was the fastest growing since last year, up a staggering 15.5%.

Apple Valley, MN followed behind with a 14.4% yearly growth rate.

Eagan, MN had the third fastest growing rent, up 10.7% since this time last year.

La croissance la plus rapide (M/M%)

Bloomington, MN rent had the largest monthly growth rate at 5.1%.

Maple Grove, MN was second with a 4.7% monthly growth rate.

Woodbury, MN rent climbed 4.2% since last month, making it the third fastest growing.

Screen Shot 2017-06-06 at 6.17.29 PM

Full Data

1 Bedroom2 Bedrooms
1Apple Valley$1.260-0,8%5,9%$1.3100,8%0,8%
2Edina$1.240-0,8%12,7%$1.490-0,7%5,7%
3Minneapolis$1.2300,8%-3,1%$1.7302,4%15,3%
4Woodbury$1.230-1,6%7,0%$1.4205,2%7,6%
5Minnetonka$1.2100,8%15,2%$1.4800,0%15,6%
6Eden Prairie$1.1903,5%-4,0%$1.3900,0%1,5%
7Maple Grove$1.1805,4%15,7%$1.4803,5%5,7%
8Eagan$1.110-2,6%8,8%$1.1900,0%-4,8%
9Plymouth$1.1501,8%0,0%$1.4202,2%1,4%
10Bloomington$1.0804,9%-6,9%$1.4105,2%9,3%
11Burnsville$9901,0%1,0%$1.220-2,4%-4,7%
12St Paul$9202,2%1,1%$1.100-1,8%2,8%
13Coon Rapids$8400,0%-11,6%$1.1502,7%4,5%
Pos.CityPriceM/M %Y/Y %PriceM/M %Y/Y %

À propos

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

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