Slow down in rent increases

Usually, rents go up in the spring but in the Twin Cities and all over the country they went down slightly in the spring of 2020. The median sale price of rental properties continues to rise.

St. Paul rental property sales prices

The numbers came from the NorthstarMLS. The data is deemed reliable but not guaranteed. The units sold are smaller rental properties as opposed to large multi-unit apartment buildings.

 

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