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Frequently asked questions
What is the average rent in Gem Lake, MN?
The average rent in Gem Lake, MN is $1,568.
What type of rental buildings are in Gem Lake, MN?
In Gem Lake, 10% of the residents are renting compared to 90% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent none of Gem Lake's rentals, 41% are small-scale complexes with under 50 units, and 59% are single-family rentals.
What do typical apartment communities look like in Gem Lake, MN?
The average age of rental buildings in Gem Lake is 35 years old, with 37% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which all are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.
What apartment floorplans are common in Gem Lake, MN?
Rental apartments in Gem Lake come in a range of sizes and floorplans. Studio apartments represent 2% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 45% of the total apartments in the city, while 2-bedroom floorplans represent around 50% of all rentals in Gem Lake. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.