Rental market snapshot for Kingfield, Minneapolis

Kingfield rental market summary

The rental market in Kingfield, Minnesota is showing signs of growth. In July of 2023, there were 75 new listings, a significant increase from the previous month. This suggests that the rental market is becoming more competitive and that more people are looking for housing in the area.

The median rent in Kingfield has also increased over the past year. In July of 2023, the median rent was $1,500, a 3% increase from the previous month and an 11.8% increase from July of 2022. This indicates that the rental market in Kingfield is becoming more expensive, likely due to increased demand.

Median rent for all residential properties in Kingfield

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The most expensive listings and top trending buildings in Kingfield

Most Expensive Listings

AddressRent PriceBed / Bath
4222 Nicollet Ave$2,6992 / 1.0
119 West 39th Street$2,4003 / 2.0
4246 Wentworth Ave$2,1953 / 2.0
4030 Pillsbury Ave S$2,1002 / 1.0
4429 Nicollet Ave$1,6993 / 1.0

Top Trending Buildings

building nameavg rent price
Zillow$1,034

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Bedroom Breakdown in Kingfield

Studio
$899
MEDIAN RENT
1 Bedroom
$995
MEDIAN RENT
2 Bedroom
$1,495
MEDIAN RENT

Kingfield neighborhood apartments rents

The rental market for studios in Kingfield, Minnesota remains relatively stable in May 2023, with only one new studio listing and no change in median rent from April 2023 to May 2023. This suggests that the demand for studio apartments in Kingfield is relatively consistent, and that the rental market is not experiencing any significant fluctuations.

The rental market for 1-bedroom apartments in Kingfield, Minnesota is showing signs of growth. In May 2023, there were 5 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in May 2023 was $995, a 4.7% increase from the median rent in April 2023 of $950. This suggests that the rental market is becoming more competitive, with landlords able to increase their prices due to the increased demand.

The rental market for 2-bedroom apartments in Kingfield, Minnesota is relatively stable. In May 2023, there was only one new 2-bedroom listing, indicating that the market is not experiencing a large influx of new rental units. The median rent for 2-bedroom apartments in May 2023 was $1,495, which is a 7.2% increase from the median rent in March 2023 of $1,395. This suggests that the rental market is slowly increasing in price, but not at an alarming rate.

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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 Kingfield is $1,500.
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