Twin Cities Q1 2026 Pipeline Report
An interactive look into the Multifamily Construction Pipeline in Q1 for Twin Cities, Minnesota
2026 Twin Cities Forecast
Research Multifamily Market Reports 2026 Twin Cities Forecast MARKET SNAPSHOT 2026 Twin Cities Forecast DOWNLOAD THE FULL REPORT 2025 FORECASTED ANNUAL CHANGE 2026 $1,549 Q4 AVG. EFFECTIVE RENT 2.0% ANNUAL CHANGE $1,580 Q4 Avg. Effective Rent 94.2% Q4 AVG. OCCUPANCY +20 BPS ANNUAL CHANGE 94.4% Q4 Avg. Occupancy 4,022 2025 COMPLETIONS 7,638 10 Yr. Avg. […]
Twin Cities Q4 2025 Pipeline Report
An interactive look into the Multifamily Construction Pipeline in Q4 for Twin Cities, Minnesota
Twin Cities Q3 2025 Market Report
Research Multifamily Market Reports Twin Cities Q3 2025 MARKET SNAPSHOT Twin Cities q3 2025 DOWNLOAD THE FULL REPORT AVERAGE RENT $1,543 Q3 2025 OCCUPANCY RATE 94.7% Q3 2025 NET ABSORPTION 6,902 YTD Q3 2025 ANNUAL RENT CHANGE 2.5% Q3 2025 ANNUAL OCCUPANCY CHANGE +20 BPS Q3 2025 UNIT COMPLETIONS 3,171 YTD Q3 2025 KEY TAKEAWAYS […]
Twin Cities Q3 2025 Pipeline Report
An interactive look into the Multifamily Construction Pipeline in Q3 for Twin Cities, Minnesota
Twin Cities Q2 2025 Market Report
Research Multifamily Market Reports Twin Cities Q2 2025 MARKET SNAPSHOT Twin Cities q2 2025 DOWNLOAD THE FULL REPORT AVERAGE RENT $1,547 Q2 2025 OCCUPANCY RATE 94.6% Q2 2025 NET ABSORPTION 4,787 H1 2025 ANNUAL RENT CHANGE 2.4% Q2 2025 ANNUAL OCCUPANCY CHANGE +10 BPS Q2 2025 QUARTERLY COMPLETIONS 2,363 H1 2025 KEY TAKEAWAYS Demand exceeded […]
Twin Cities Q2 2025 Pipeline Report
An interactive look into the Multifamily Construction Pipeline in Q2 for Twin Cities, Minnesota
Twin Cities Q1 2025 Market Report
Research Multifamily Market Reports Twin Cities Q1 2025 MARKET SNAPSHOT Twin Cities q1 2025 DOWNLOAD THE FULL REPORT AVERAGE RENT $1,529 Q1 2025 OCCUPANCY RATE 94.7% Q1 2025 QUARTERLY NET ABSORPTION 2,460 Q1 2025 ANNUAL RENT CHANGE 1.7% Q1 2025 ANNUAL OCCUPANCY CHANGE +40 BPS Q1 2025 QUARTERLY COMPLETIONS 1,040 Q1 2025 KEY TAKEAWAYS The […]
Twin Cities Q1 2025 Pipeline Report
An interactive look into the Multifamily Construction Pipeline in Q1 for Twin Cities, Minnesota
2025 Twin Cities Forecast
Research Multifamily Market Reports 2025 Twin Cities Forecast MARKET SNAPSHOT 2025 Twin Cities Forecast 2024 FORECASTED ANNUAL CHANGE 2025 $1,503 Q4 AVG. EFFECTIVE RENT 3.8% FORECASTED ANNUAL CHANGE $1,560 Q4 Avg. Effective Rent 94.5% Q4 AVG. OCCUPANCY -10 BPS FORECASTED ANNUAL CHANGE 94.4% Q4 Avg. Occupancy 10,239 2024 COMPLETIONS 7,645 10 Yr. Avg. Annual Completions […]
Twin Cities 3Q 2024 Market Report
Research Multifamily Market Reports Twin Cities 3Q 2024 MARKET SNAPSHOT Twin Cities 3Q 2024 AVERAGE RENT $1,499 3Q 2024 OCCUPANCY RATE 94.6% 3Q 2024 QUARTERLY NET DEMAND 3,559 [YTD: 9,474] YoY RENT CHANGE 1.3% 3Q 2024 YoY OCCUPANCY CHANGE +20 BASIS POINTS QUARTERLY COMPLETIONS 2,704 [YTD: 7,818] KEY TAKEAWAYS For the second consecutive quarter, net […]
Twin Cities 3Q 2024
An interactive look into the Multifamily Construction Pipeline in Q3 for Twin Cities, Minnesota
Twin Cities 2Q 2024 Report
Twin Cities 2Q 2024 Market Report MARKET SNAPSHOT AVERAGE RENT $1,481 2Q 2024 2Q 2024 RENT CHANGE 0.9% OCCUPANCY RATE 94.7% 2Q 2024 ANNUAL OCCUPANCY CHANGE 10 BASIS POINTS QUARTERLY DEMAND 3,959 [YTD: 5,988] QUARTERLY COMPLETIONS 1,971 [YTD: 4,978] KEY TAKEAWAYS Nearly 3,959 units were absorbed across the Twin Cities market in the second quarter […]
Twin Cities 2Q24
An interactive look into the Multifamily Construction Pipeline in Q2 for Louisville, KY.
Twin Cities Q1 2024 Report
Twin Cities 1Q 2024 Market Report MARKET SNAPSHOT AVERAGE RENT $1,469 1Q 2024 1Q 2024 RENT CHANGE 1.2% OCCUPANCY RATE 94.2% 1Q 2024 ANNUAL OCCUPANCY CHANGE -10 BASIS POINTS TOTAL OPERATING EXPENSE ANNUAL CHANGE 5.0% (FEB 2024) NET OPERATING INCOME ANNUAL CHANGE 3.4% (FEB 2024) * Please note that these employment figures have been adjusted […]
Twin Cities 2024 Forecast
Twin Cities 2024 Market Forecast MARKET SNAPSHOT AVERAGE RENT $1,440 4Q 2023 $1,489 4Q 2024 2024 RENT CHANGE 3.4% OCCUPANCY RATE 94.5% 4Q 2023 94.2% 4Q 2024 4Q 2024 OCCUPANCY CHANGE -30 basis points EMPLOYMENT* 1.97M 2023 1.99M 2024 UNEMPLOYMENT RATE** 2.9% 2023 3.5% 2024 * Please note that these employment figures have been adjusted […]
Twin Cities Q3 2023
Twin Cities 3Q23Multifamily Market Report $1,536 average rent 94.8% average occupancy rate $431.1M ytd sales volume 1.0% YoY rent change -0.7 POINTS yoy occupancy change 32 YTD individual transactions Supply & Demand 3Q23 3,850 Units QUARTERLY DEMANDYTD: 6,014 2,779 Units QUARTERLY COMPLETIONSYTD: 5,898 Annual Demand vs Completions 2018 5,190 4,863 2019 3,626 5,215 2020 5,100 […]