Inver Grove Heights, MN Rental Market Trends
What is the average rent in Inver Grove Heights?
The average rent for an apartment in Inver Grove Heights is $1,272, a 2% increase compared to the previous year, when the average rent was $1,244. Read the full Rent Report to learn more details on how apartment rents compare to other locations in the area, and what are the most affordable or most expensive cities for renting around Minneapolis, MN.
Average Rent in Inver Grove Heights, MN
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,272||2%||961 sq. ft.|
What is the average apartment size in Inver Grove Heights?
The average size for a Inver Grove Heights, MN apartment is 961 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Inver Grove Heights, MN Apartment Rent Ranges
Inver Grove Heights, MN Occupied Housing Units
- Renter-occupied Households35%
- Owner-occupied Households64%
5,025 or 35% of the households in Inver Grove Heights, MN are renter-occupied while 9,061 or 64% are owner-occupied.
Inver Grove Heights, MN Rent Trends
|Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Nov / 2020||Apr / 2021|