Rental market snapshot for Corcoran, Minneapolis

Corcoran rental market summary

The rental market in Corcoran, Minnesota is showing signs of growth. In July of 2023, there were 25 new listings, indicating that more people are looking to rent in the area. The median rent in July of 2023 was $1,495, which is the same as the median rent in June of 2023. This suggests that the rental market in Corcoran is stable and not experiencing any significant changes in pricing.

When comparing the median rent in July of 2023 to the median rent in July of 2022, there has been a 10.7% increase. This indicates that the rental market in Corcoran is growing and becoming more expensive. This could be due to an increase in demand for rental properties in the area or a decrease in the availability of rental properties. Either way, it is clear that the rental market in Corcoran is on the rise.

Median rent for all residential properties in Corcoran

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The most expensive listings and top trending buildings in Corcoran

Most Expensive Listings

AddressRent PriceBed / Bath
3319 Longfellow Ave$1,9003 / 1.0
3302 22nd Ave S$1,8502 / 1.0
2209 East 33rd Street$1,4952 / 1.0
3238 Longfellow Ave$1,4952 / 1.0
3017 19th Ave S$1,3502 / 1.0

Top Trending Buildings

building nameavg rent price
Zillow$1,118

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Bedroom Breakdown in Corcoran

Studio
$795
MEDIAN RENT
1 Bedroom
$1,118
MEDIAN RENT
2 Bedroom
$1,474
MEDIAN RENT

Corcoran neighborhood apartments rents

The rental market for studios in Corcoran, Minnesota is relatively stable. In September 2022, there will be one new studio listing, and the median rent for studios is expected to increase by only .6%, from $790 in August 2022 to $795 in September 2022. This indicates that the rental market for studios in Corcoran is not experiencing any significant changes in the near future.

The rental market for 1-bedroom apartments in Corcoran, Minnesota is relatively stable. In February 2023, there were 2 new 1-bedroom listings, and the median rent was $1,118, which is a 12.7% decrease from the median rent in January 2023. This suggests that the rental market is not experiencing any significant changes in terms of pricing or availability.

The rental market for 2-bedroom apartments in Corcoran, Minnesota appears to be relatively stable, with only two new listings in May 2023 and a median rent of $1,474. Unfortunately, no data is available for April 2023, so it is not possible to determine the percent change in rent from April to May. Overall, the rental market for 2-bedroom apartments in Corcoran appears to be relatively stable.

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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 Corcoran is $1,495.
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