Minnesota,
by the numbers.
A high-level rental-market baseline from official Census and FHFA data. Use it to compare areas before underwriting a specific property.
ACS values are estimates for 2020–2024. FHFA values are seasonally adjusted state index changes for the latest published quarter at retrieval, not a current home price. The insurance figure is the statewide average HO-3 owner-occupied premium from the NAIC 2023 report. These are not listings, asking rents, property-specific tax or insurance quotes, or investment recommendations. Sources and limitations.
Explore places in Minnesota.
Largest Census places by population. Search the full catalog for more locations.
| Place | Population | Median rent | Median home value | Vacancy | Open |
|---|---|---|---|---|---|
| Minneapolis | 427.2K | $1,371 | $362,200 | 7.8% | |
| St. Paul | 307.3K | $1,281 | $294,500 | 5.9% | |
| Rochester | 122.3K | $1,399 | $310,500 | 6.2% | |
| Bloomington | 88.7K | $1,561 | $361,700 | 4.2% | |
| Duluth | 87.1K | $1,087 | $242,700 | 6.3% | |
| Brooklyn Park | 83.9K | $1,325 | $336,200 | 3.3% | |
| Plymouth | 79.2K | $1,766 | $491,200 | 3.9% | |
| Woodbury | 78.3K | $1,908 | $450,200 | 2.3% | |
| Lakeville | 74.4K | $1,806 | $452,500 | 2.4% | |
| Blaine | 72.5K | $1,705 | $352,400 | 3.6% | |
| Maple Grove | 71.2K | $1,868 | $418,300 | 2.9% | |
| St. Cloud | 70.6K | $1,003 | $225,000 | 6.6% |
Model a property in Minnesota.
Start with the statewide ACS medians, then replace every assumption with the property’s actual rent, taxes, insurance and financing.
Use Minnesota baseline