Minneapolis-St. Paul-Bloomington, MN-WI Average Rent & Rental Yield
Compare average asking rent (median), gross rental yield, home value, and transaction activity before moving into listing-level underwriting or investor discovery.
Average rent in Minneapolis-St. Paul-Bloomington, MN-WI
The median asking rent in Minneapolis-St. Paul-Bloomington, MN-WI is $2,495 as of July 2026, based on active rental listings across the metro. We report the median — the midpoint of asking rents — because it tracks the typical listing more reliably than a simple average, which luxury and outlier listings can skew.
Against an average home value of $364,129, that rent level prices Minneapolis-St. Paul-Bloomington, MN-WI at a 8.54% gross rental yield — compared with 8.61% across Minnesota.
Metro vs state rental signal
The metro read is a first-pass screen. Compare it with the state baseline, then pressure-test taxes, insurance, vacancy, rehab, and financing assumptions at the property level.
Nearby metro yield comparison
Compare this metro with other Minnesota markets and jump directly into Rental Insights or a public metro report when a yield page is available.
Minneapolis-St. Paul-Bloomington, MN-WI rent and yield FAQ
Quick answers based on the latest Minneapolis-St. Paul-Bloomington, MN-WI rental listing and transaction data.
What is the average rent in Minneapolis-St. Paul-Bloomington, MN-WI?
As of July 2026, the median asking rent in Minneapolis-St. Paul-Bloomington, MN-WI is $2,495. SFR Analytics reports the median of active rental listings rather than a simple average so outlier luxury listings do not distort the figure.
What is a good rental yield in Minneapolis-St. Paul-Bloomington, MN-WI?
Minneapolis-St. Paul-Bloomington, MN-WI currently prices at a 8.54% gross rental yield, versus 8.61% across Minnesota. Treat gross yield as a first-pass screen — it excludes taxes, insurance, vacancy, rehab, and financing, so underwrite at the property level before acting on it.
Move from Minneapolis-St. Paul-Bloomington, MN-WI market context to property-level screening
Open Rental Insights with Minneapolis-St. Paul-Bloomington, MN-WI selected, then pair the yield signal with investor activity and rental data workflows.