The Zumper Minneapolis Metro Report analyzed active listings last month across metro cities to show the most and least expensive cities and cities with the fastest growing rents. The Minnesota one bedroom median rent was $1,288 last month.
The Most Expensive
- Bloomington was the most expensive city with one-bedrooms priced at $1,480.
- St. Louis Park was the second priciest with rent at $1,460.
- Plymouth ranked as third with rent at $1,450.
The Least Expensive
- St. Paul was the most affordable city with one-bedrooms priced at $1,200.
- Minneapolis ranked as the second least expensive with rent at $1,290.
- Maplewood was third with rent at $1,360.
The Fastest Growing (Y/Y%)
- Maplewood had the fastest growing rent, up 27.1% since this time last year.
- St. Louis Park aw rent climb 10.8%, making it the second fastest growing.
- St. Paul was third with rent increasing 9.1%.
The Fastest Growing (M/M%)
- Maplewood had the largest monthly growth rate, up 5.4%.
About
The Zumper Minneapolis Metro Report analyzed active listings that hit the market last month. Listings are aggregated by city to calculate median asking rents.
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