Markets › Minneapolis
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Minneapolis MN
Covers Minneapolis, St. Paul and Bloomington.
Current market read
Landlord’s market
ConditionFirm
The yearly data reads a landlord's market, and the recent monthly signals are tightening further.
From public data. The situation now, not a forecast.
Renter Google searchabout 12,100 searches in July 2026 · HousesSee read →
Renter Google Search InterestGoogle · monthly
About 12,100 searches in July 2026, for Minneapolis on its own
What renters Google mostHousesSee all →Attention, not a verdict. Google searches for apartments to rent.
Momentum · which way it's movingRENT + JOBS · UPDATED MONTHLY
Heating
Tightening lately, asking rents are climbing, as of Aug 2026.
VacancyCENSUS · 2024
Share of rentals sitting empty. Yearly Census backdrop, not what sets the condition.
Asking rentZILLOW · MONTHLY
+3.1%
▲ Year over year
SEP ’24AUG ’26
Census 2024: +1.2% · US avg +5.2%
Median rentCENSUS · 2024
$1,444/mo
Typical rent, 2024 yearly count
In the news · MinneapolisNEWS · DAILY
Latest local coverage, 1 week ago.● softer● neutral● firmer
JPL Development Obtains $48M Refi for Suburban Minneapolis ApartmentsGantry Secures $48M Construction Takeout Financing for Minnesota MFGantry Secures $48.3M for Minnesota Class A Multifamily Construction Takeout LoanView all 8 Minneapolis news →Demand vs supplyCENSUS + BLS
Strong demand
DEMAND
Jobs+1.4%
Migration 2025+2.03/1k
SUPPLY
Permits 2025+23.3%
Vacancy 20245.5%
Rent vs buyFREDDIE MAC · WEEKLY
+$1,386/mo
Cheaper to rent than buying
rent $1,444 · own $2,830
$1,444RENT
$2,830OWN
Net migrationCENSUS · 2025
+2.03/1k
▲ Net inflow of residents
OUTFLOWINFLOW
Census · BLS · FRED · Zillow · news
For information only. Not investment advice. AI-written summaries can make mistakes.