Rental market snapshot for Thomas Dale, Sabin
Thomas Dale rental market summary
The rental market in Thomas Dale, Minnesota is showing signs of growth. In July 2023, there were 48 new listings, a significant increase from the previous month. This suggests that more people are looking to rent in the area. The median rent also increased from $1,200 in June 2023 to $1,250 in July 2023, representing a 4.2% increase. This is a positive sign for the rental market in Thomas Dale, Minnesota.
When compared to the median rent in July 2022, the median rent in July 2023 has increased by 3.5%. This indicates that the rental market in Thomas Dale, Minnesota is continuing to grow and that rental prices are increasing. This is good news for landlords and investors in the area, as it suggests that the rental market is becoming more profitable.
Median rent for all residential properties in Thomas Dale
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The most expensive listings and top trending buildings in Thomas Dale
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
277 Sherburne Ave | $1,600 | 3 / 1.0 |
703 Farrington St | $1,600 | 2 / 1.5 |
125 Winter St | $1,550 | 3 / 1.0 |
660 Thomas Ave | $1,500 | 3 / 1.0 |
690 Virginia Ave | $1,500 | 3 / 1.0 |
Top Trending Buildings
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Bedroom Breakdown in Thomas Dale
Thomas Dale neighborhood apartments rents
The rental market for studios in Thomas Dale, Minnesota appears to be relatively stable, with only one new listing in February 2023. The median rent for studios in February 2023 was $800, though the median rent for January 2023 is not available, so it is not possible to calculate the percent change in rent from January to February. Overall, the rental market for studios in Thomas Dale appears to be relatively stable.
The rental market for 1-bedroom apartments in Thomas Dale, Minnesota is showing signs of growth. In June 2023, there was only one new 1-bedroom listing, but the median rent for 1-bedroom apartments increased by 14.9% from May 2023 to June 2023, from $938 to $1,077. 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 Thomas Dale, Minnesota, is relatively stable. In July 2023, there were two new 2-bedroom listings, and the median rent remained the same as it was in June 2023 at $1,292. This indicates that the rental market is not experiencing any significant changes in terms of pricing or availability.