Rental market snapshot for Folwell, Minneapolis

Folwell rental market summary

The rental market in Folwell, Minnesota is showing signs of growth. In July of 2023, there were 102 new listings, a 24.6% increase from the previous month. This is indicative of a healthy rental market, as more people are looking for rental properties. The median rent in July 2023 was $1,150, a 31.4% increase from the same time the previous year. This suggests that rental prices are increasing in Folwell, and that the rental market is becoming more competitive.

Overall, the rental market in Folwell is looking strong. With more listings and higher rents, it is becoming a more attractive option for renters. The increasing demand for rental properties is likely to continue, as more people look to take advantage of the competitive rental market.

Median rent for all residential properties in Folwell

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The most expensive listings and top trending buildings in Folwell

Most Expensive Listings

AddressRent PriceBed / Bath
3341 Emerson Ave N$2,4954 / 1.5
3730 Humboldt Ave N$1,9503 / 1.0
3514 Penn Ave N$1,9003 / 2.0
3551 North Knox Avenue$1,8454 / 1.0
3447 North James Avenue$1,5253 / 1.0

Top Trending Buildings

building nameavg rent price
Midwest GIR Group$900
EIG Property Management$886

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Bedroom Breakdown in Folwell

Studio
$795
MEDIAN RENT
1 Bedroom
$900
MEDIAN RENT
2 Bedroom
$1,150
MEDIAN RENT

Folwell neighborhood apartments rents

The rental market for studios in Folwell, Minnesota appears to be stable in June 2022, with no change in median rent from May 2022. There is only one new studio listing in June 2022, indicating that the rental market is not experiencing significant growth. Overall, the rental market for studios in Folwell appears to be relatively steady.

The rental market for 1-bedroom apartments in Folwell, Minnesota in July 2023 is stable. There were 25 new 1-bedroom listings in July 2023, and the median rent for 1-bedroom apartments remained the same from June to July at $900. This indicates that the rental market is not experiencing any significant changes in terms of pricing or availability.

The rental market for 2-bedroom apartments in Folwell, Minnesota appears to be stable, with five new listings in July 2023 and a median rent of $1,150. Unfortunately, no data is available for June 2023, so it is not possible to determine the percent change in rent from June to July. Overall, the rental market for 2-bedroom apartments in Folwell appears to be steady and affordable.

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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 Folwell is $1,150.
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