Twin Cities is the 19th largest multifamily market with 232,742 completed units and 67,961 units in development,18,205 of which have already broken ground, as of February 2022.
Twin Cities Multifamily Market Summary – February 2022
New lease asking rents are at $1,426, up 5.2%▲
from the previous year placing Twin Cities at
120th overall in year-over-year rent growth.
Twin Cities Multifamily Market Summary – January 2022
New lease asking rents are at $1,426, up 5.2%▲
from the previous year placing Twin Cities at
120th overall in year-over-year rent growth.
Twin Cities Multifamily Market Summary – December 2021
New lease asking rents are at $1,415, up 4.9%▲
from the previous year placing Twin Cities at
115th overall in year-over-year rent growth.
