Rental market snapshot for Mckinley, Minneapolis

Mckinley rental market summary

The rental market in Mckinley, Minnesota is showing signs of stability. On July 31, 2023, there were 28 new listings, indicating that the market is still active and growing. The median rent on July 31, 2023 was $1,395, which is the same as the median rent on June 30, 2023. This suggests that the rental market is not experiencing any significant changes in terms of pricing. When compared to the median rent on July 31, 2022, the median rent has decreased by 3.5%, indicating that the rental market is becoming more affordable.

Overall, the rental market in Mckinley, Minnesota is stable and growing. The number of new listings is increasing, and the median rent is not experiencing any significant changes. This suggests that the rental market is healthy and that renters can expect to find affordable housing options in the area.

Median rent for all residential properties in Mckinley

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The most expensive listings and top trending buildings in Mckinley

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Bedroom Breakdown in Mckinley

2 Bedroom
$1,475
MEDIAN RENT

Mckinley neighborhood apartments rents

Uh-oh! Looks like we don't have any data in Mckinley, Minnesota, for studios.

Uh-oh! Looks like we don't have any data in Mckinley, Minnesota, for 1-bedroom apartments.

The rental market for 2-bedroom apartments in Mckinley, Minnesota appears to be relatively stable, with only one new listing in May 2023 and a median rent of $1,475. Unfortunately, no data is available for April 2023, so it is not possible to determine the percent change in rent from April to May. Overall, the rental market for 2-bedroom apartments in Mckinley appears to be 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 Mckinley is $1,395.
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