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

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Bedroom Breakdown in Thomas Dale

Studio
$800
MEDIAN RENT
1 Bedroom
$1,077
MEDIAN RENT
2 Bedroom
$1,292
MEDIAN RENT

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.

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 Thomas Dale is $1,250.
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