Minneapolis, Minnesota

As of December 2014, within a 10 mile span of Minneapolis, the average multifamily housing rent is $1,160.

$899 per month on average is what one bedroom multifamily units rent for in Minneapolis and $1,241 per month on average is what two bedroom multifamily units rent for.

Also as of December 2014, for the past 6 months, the average multifamily rent has gone up by $6 or 1%. One bedroom multifamily units have gone down by $54.50, or 6%, and two bedroom multifamily units have gone up by $73 or 6%.

A source to get some information on the Minneapolis multifamily market is The Minnesota Multi-Housing Association – http://www.mmha.com/

As of February 15, 2015, the median asking price per unit for apartment housing for sale, Minneapolis Minnesota, is $72,331.64. This is a decline of 0.3% when you compare it to the past 3 months, and year over year this is an increase of 3.4%

Minneapolis or City of Minneapolis as it is officially known, occupies the county seat of Hennepin County. It is the bigger of the Twin Cities – the other twin being Saint Paul. For America, it is the 14th biggest metro area with a population of about 3.8 million and according to the 2013 census, it is the biggest city in Minnesota and 46th biggest in America with 400,070 population. Combined, Minneapolis and Saint Paul for the U.S. Midwest, have the 2nd largest economic center, Chicago being number one.

To look for Minneapolis apartment buildings for sale, go to http://www.loopnet.com/Apartment-Buildings-For-Sale/. Also, for another source to find out more about apartment real-estate in Minneapolis, go to http://www.biggerpockets.com/

Apartment Loan Store is proud to serve the entire Greater Minneapolis/St. Paul area:

• Robbinsdale
• ​Brooklyn Center
• Fridley
• Columbia Heights
• St. Anthony
• Roseville
• Falcon Heights
• Maplewood
• Newport
• South St. Paul
• West St. Paul
• Mendota / Mendota Heights
• Richfield
• Edina
• St. Louis Park
• Golden Valley