Rental market snapshot for East Isles, Minneapolis

East Isles rental market summary

The rental market in East Isles, Minnesota is showing signs of growth. In July of 2023, there were 57 new listings, a significant increase from the previous month. The median rent in July of 2023 was $1,595, an 8.5% increase from the previous month and a .3% increase from the same time last year. This suggests that the rental market is slowly but steadily increasing in East Isles.

The increasing number of listings and the steady rise in median rent prices indicate that the rental market in East Isles is becoming more competitive. With more options available, renters are able to find the perfect home for their needs and budget. This is great news for landlords, as they can expect to see more demand for their properties. With the increasing demand, landlords can also expect to see higher rental prices in the future.

Median rent for all residential properties in East Isles

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The most expensive listings and top trending buildings in East Isles

Most Expensive Listings

AddressRent PriceBed / Bath
2900 Irving Ave S$4,4953 / 3.0
2900 Irving Ave S$4,2953 / 3.0
2900 Irving Ave S$3,0752 / 2.0
2838 Kenwood Isles Dr$2,6902 / 2.0
2915 James Ave S$2,5002 / 2.0

Top Trending Buildings

building nameavg rent price
Centerspace$1,285

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Bedroom Breakdown in East Isles

Studio
$895
MEDIAN RENT
1 Bedroom
$1,284
MEDIAN RENT
2 Bedroom
$1,245
MEDIAN RENT

East Isles neighborhood apartments rents

The rental market for studios in East Isles, Minnesota is showing signs of growth. In June 2023, there were 3 new studio listings, representing a 15.1% increase in rent from May 2023. The median rent for studios in June 2023 was $895, which is significantly lower than the median rent of $1,054 in May 2023. This suggests that the rental market for studios in East Isles is becoming more affordable, making it an attractive option for renters.

The rental market for 1-bedroom apartments in East Isles, Minnesota is showing signs of growth. In June 2023, there were two new 1-bedroom listings, indicating an increase in demand for these types of apartments. The median rent for 1-bedroom apartments in June 2023 was $1,284, a 13.5% increase from the median rent in May 2023 of $1,132. This suggests that the rental market for 1-bedroom apartments in East Isles is becoming more competitive, and renters should expect to pay more for these types of apartments in the near future.

The rental market for 2-bedroom apartments in East Isles, Minnesota, is relatively stable. In June 2023, there was only one new 2-bedroom listing, and the median rent for 2-bedroom apartments was $1,245, a 14.0% decrease from the median rent in May 2023. This suggests that the rental market is not experiencing significant fluctuations in prices, and that the market is 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 East Isles is $1,595.
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