Rental market snapshot for East Calhoun, Minneapolis

East Calhoun rental market summary

The rental market in East Calhoun, Minnesota is showing signs of growth. In July 2023, there were 164 new listings, a 16.6% increase from the previous month. This indicates that the rental market is becoming more competitive as more people are looking for housing in the area. The median rent in July 2023 was $1,800, a 5.9% increase from the same time last year. This suggests that the rental market is becoming more expensive as demand for housing increases.

Overall, the rental market in East Calhoun, Minnesota is showing signs of growth. The number of new listings and the median rent have both increased over the past year, indicating that the rental market is becoming more competitive and expensive. This could be due to an influx of people moving to the area, or it could be due to a decrease in the availability of rental housing. Either way, it is clear that the rental market in East Calhoun is on the rise.

Median rent for all residential properties in East Calhoun

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The most expensive listings and top trending buildings in East Calhoun

Most Expensive Listings

AddressRent PriceBed / Bath
1477 W Lake St$3,6152 / 2.0
1477 W Lake St$3,4152 / 2.0
3319 Humboldt Ave S$3,4004 / 3.0
3538 Humboldt Ave S$2,9994 / 2.0
1477 W Lake St$2,8402 / 2.0

Top Trending Buildings

building nameavg rent price
Weidner Apartment Homes$1,786
KRC Apartments$1,400

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Bedroom Breakdown in East Calhoun

Studio
$1,222
MEDIAN RENT
1 Bedroom
$1,680
MEDIAN RENT
2 Bedroom
$2,451
MEDIAN RENT

East Calhoun neighborhood apartments rents

The rental market for studios in East Calhoun, Minnesota is showing signs of growth. In July 2023, there were 8 new studio listings, indicating an increase in demand for rental units. The median rent for studios in July 2023 was $1,222, a 6.7% decrease from 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 studios in East Calhoun, Minnesota is looking positive.

The rental market for 1-bedroom apartments in East Calhoun, Minnesota is showing signs of growth. In July 2023, there were 11 new 1-bedroom listings, a significant increase from the previous month. The median rent for 1-bedroom apartments in July 2023 was $1,680, a 15.9% increase from the median rent in June 2023. This suggests that the rental market for 1-bedroom apartments in East Calhoun is becoming more competitive, with landlords raising prices to meet the increased demand.

The rental market for 2-bedroom apartments in East Calhoun, Minnesota is showing signs of stability. In July 2023, there were 19 new 2-bedroom listings, and the median rent for 2-bedroom apartments decreased by 4.3% from June 2023 to July 2023, settling at $2,451. This suggests that the rental market is not experiencing any major fluctuations, and that the prices of 2-bedroom apartments are staying relatively consistent.

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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 East Calhoun is $1,800.
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