Rental market snapshot for Jordan, Minneapolis
Jordan rental market summary
The rental market in Jordan, Minnesota is showing signs of growth. In July 2023, there were 51 new listings, indicating that the market is expanding. The median rent in July 2023 was $1,645, which is the same as the median rent in June 2023. This suggests that the market is stable and that prices are not fluctuating significantly. However, when compared to the median rent in July 2022, there has been a 13.2% increase in rent prices. This indicates that the rental market in Jordan is becoming more expensive, likely due to increased demand.
Overall, the rental market in Jordan, Minnesota is showing signs of growth and increasing prices. The number of new listings in July 2023 is higher than in previous months, suggesting that the market is expanding. Additionally, the median rent has increased by 13.2% from July 2022 to July 2023, indicating that the market is becoming more expensive. This could be due to increased demand for rental properties in the area.
Median rent for all residential properties in Jordan
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The most expensive listings and top trending buildings in Jordan
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 2214 Girard Ave N | $2,495 | 4 / 2.0 |
| 1628 Hillside Ave N | $2,200 | 3 / 1.5 |
| 1918 Hillside Ave | $2,100 | 3 / 2.5 |
| 2630 James Ave N | $2,000 | 3 / 1.0 |
| 2948 Knox Ave N | $2,000 | 3 / 1.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| UpDown | $1,095 |
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Bedroom Breakdown in Jordan
Jordan neighborhood apartments rents
Uh-oh! Looks like we don't have any data in Jordan, Minnesota, for studios.
The rental market for 1-bedroom apartments in Jordan, Minnesota in July 2023 is relatively stable. There was only one new listing in July, and the median rent remained the same as it was in June at $1,095. 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 Jordan, Minnesota is relatively stable. In July 2023, there were two new 2-bedroom listings, and the median rent for 2-bedroom apartments was $1,210, which is a 1.2% decrease from the median rent in June 2023. This suggests that the rental market is not experiencing any significant changes in the short-term.