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Minnesota

Build-to-Rent Market Profile

49%

Build 2 Rent Score

Grade

#24

National Rank

Tier 4

Transitional

Market Metrics

Income Growth

5.2%

higher is better · Bureau of Labor Statistics (BLS), QCEW

Population Growth

1.3%

higher is better · U.S. Census Bureau, ACS 5-Year Estimates

Rent Growth

5.3%

higher is better · Zillow Observed Rent Index (ZORI)

Job Growth

—

higher is better · Bureau of Labor Statistics, Current Employment Statistics

Vacancy Rate

5.9%

lower is better · U.S. Census Bureau, Housing Vacancy Survey

Crime Rate

300

lower is better · FBI Uniform Crime Reporting (UCR) Program

Building Permits

460

higher is better · U.S. Census Bureau, Building Permits Survey

Land Cost

$48k

lower is better · Zillow ZHVI, 2-BR Tier

Property Taxes

—

lower is better · Tax Foundation, State & Local Property Tax

Insurance Cost

—

lower is better · NAIC / Insurify Insurance Cost Index

Landlord Friendliness

—

higher is better · Rentometer Landlord-Friendly Index

Home Appreciation

—

higher is better · FHFA House Price Index

Growth Profile

Stable

Population1.3%

Income5.2%

Rent5.3%

Jobs—

Risk Profile

Elevated Risk

Vacancy5.9%

Crime300

Insurance—

Regulation & Cost

Strategy: Value-Add

Property Tax—

Landlord Friendliness—

Land Cost (2BR)$48k

Top Cities in Minnesota

Shakopee (44)Rogers (39)Otsego (24)Waconia (14)Chaska (14)Jordan (12)Delano (11)Woodbury (11)

Available Models in MinnesotaView all

3BR/2.5BA | Single Family Rental (SFR) | Dundas, Minnesota | $395,000 | $2,500/mo

Dundas · Single Family Rental (SFR)

$395,000