Rental market snapshot for Macalester-Groveland, Sabin
Macalester-Groveland rental market summary
The rental market in Macalester-Groveland, Minnesota is showing signs of growth. In July 2023, there were 92 new listings, a significant increase from the previous month. The median rent for the month of July 2023 was $1,239, a 43.7% increase from the previous month and a 23.6% increase from the same time last year. This suggests that the rental market in Macalester-Groveland is becoming increasingly competitive, with more people looking to rent in the area.
The increasing demand for rental properties in Macalester-Groveland is likely due to the area's desirable location and amenities. With its close proximity to downtown Minneapolis and St. Paul, Macalester-Groveland offers easy access to a variety of entertainment, dining, and shopping options. Additionally, the area is home to several parks and recreational areas, making it an attractive option for those looking for a more suburban lifestyle. With its combination of convenience and amenities, it's no wonder that the rental market in Macalester-Groveland is on the rise.
Median rent for all residential properties in Macalester-Groveland
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The most expensive listings and top trending buildings in Macalester-Groveland
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 1748 Saint Clair Ave | $3,000 | 3 / 2.0 |
| 403 Cretin Ave S | $2,695 | 5 / 3.0 |
| 1848 West James Avenue | $2,275 | 3 / 1.5 |
| 470 Lexington Pkwy S | $2,185 | 2 / 2.0 |
| 1581 Stanford Ave | $1,995 | 3 / 1.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Halverson and Blaiser Group LTD | $1,284 |
| KRC Apartments | $1,143 |
| Arcadia Management LLC | $978 |
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Bedroom Breakdown in Macalester-Groveland
Macalester-Groveland neighborhood apartments rents
The rental market for studios in Macalester-Groveland, Minnesota is showing signs of growth. In June 2023, there were two new studio listings, indicating an increase in demand for rental units. The median rent for studios in June 2023 was $1,149, which is an 11.1% increase from the median rent in May 2023 of $1,034. This suggests that the rental market for studios in Macalester-Groveland is becoming more competitive, and renters should expect to pay more for their units.
The rental market for 1-bedroom apartments in Macalester-Groveland, Minnesota is showing signs of growth. In July 2023, there were 8 new 1-bedroom listings, a sign that the market is expanding. The median rent for 1-bedroom apartments in July 2023 was $1,194, an 18.3% increase from the median rent in June 2023 of $1,010. This suggests that demand for 1-bedroom apartments is increasing, and that the rental market is becoming more competitive.
The rental market for 2-bedroom apartments in Macalester-Groveland, Minnesota is showing signs of growth. In July 2023, there were 5 new 2-bedroom listings, a 24.7% increase in median rent from June 2023 to July 2023, and a median rent of $1,665. This indicates that the rental market is becoming more competitive and that demand for 2-bedroom apartments is increasing.