Rental market snapshot for Cedar-Isles-Dean, Minneapolis

Cedar-Isles-Dean rental market summary

The rental market in Cedar-Isles-Dean, Minnesota is showing signs of growth. In July 2023, there were 84 new listings, which is a significant increase from the previous month. The median rent in July 2023 was $1,995, which is a 12.1% increase from the previous month and an 8.8% increase from July 2022. This indicates that the rental market is becoming more competitive and that prices are increasing.

Overall, the rental market in Cedar-Isles-Dean, Minnesota is on the rise. With more new listings and increasing prices, it is becoming a more attractive option for renters. This is good news for landlords and investors, as they can expect to see higher returns on their investments. With the continued growth of the rental market, it is likely that Cedar-Isles-Dean will remain a desirable place to live for many years to come.

Median rent for all residential properties in Cedar-Isles-Dean

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The most expensive listings and top trending buildings in Cedar-Isles-Dean

Most Expensive Listings

AddressRent PriceBed / Bath
3100 W Lake St$8,7002 / 2.5
2900 Thomas Ave S$6,8703 / 2.0
2900 Thomas Ave S$5,6342 / 2.0
2900 Thomas Ave S$4,5792 / 2.0
2900 Thomas Ave S$4,3502 / 2.0

Top Trending Buildings

building nameavg rent price
AIMCO$2,142
Greystar*$2,037
Cushman & Wakefield$1,880
Weidner Apartment Homes$1,695

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Bedroom Breakdown in Cedar-Isles-Dean

Studio
$1,562
MEDIAN RENT
1 Bedroom
$1,848
MEDIAN RENT
2 Bedroom
$2,981
MEDIAN RENT

Cedar-Isles-Dean neighborhood apartments rents

The rental market for studios in Cedar-Isles-Dean, Minnesota is showing signs of growth. In July 2023, there were two new studio listings, indicating an increase in demand for rental units. The median rent for studios in July 2023 was $1,562, a 17.9% increase from the median rent in June 2023 of $1,324. This suggests that the rental market for studios in Cedar-Isles-Dean is becoming more competitive, with landlords able to increase their asking prices.

The rental market for 1-bedroom apartments in Cedar-Isles-Dean, Minnesota is showing signs of growth. In July 2023, there were 14 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $1,848, which is 6.5% lower than the median rent in June 2023. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants. Overall, the rental market for 1-bedroom apartments in Cedar-Isles-Dean, Minnesota is showing signs of growth and increased competition.

The rental market for 2-bedroom apartments in Cedar-Isles-Dean, Minnesota is showing signs of growth. In July 2023, there were 15 new 2-bedroom listings, a significant increase from the previous month. The median rent for 2-bedroom apartments also increased by 1.8%, from $2,928 in June 2023 to $2,981 in July 2023. This suggests that the rental market in Cedar-Isles-Dean is becoming more competitive, with more people looking for 2-bedroom apartments and landlords increasing their prices.

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of 2023-07-31, the median rent in Cedar-Isles-Dean is $1,995.
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