Market Analysis

Minneapolis, MN Multifamily Market

Cap rates, rent trends, and underwriting benchmarks for Minneapolis apartment investors.

5.8%
Avg Cap Rate
5.0% – 6.8%
Cap Rate Range
1.32x
Avg DSCR
$175,000
Price / Unit
$1,350
Avg Rent / Unit
5.5%
Vacancy Rate
+2.0%
YoY Rent Growth
430,000
Population

Market Trend

Strong corporate presence (Target, UnitedHealth, 3M) provides employment stability. The North Loop and Uptown neighborhoods see premium rents. St. Paul's rent stabilization ordinance has shifted some investor interest to suburban Hennepin County.

Lender Notes

Well-served by regional banks and agency lenders. 1.25x DSCR standard. Rent stabilization in St. Paul complicates underwriting for city properties.

Analyze a Minneapolis Deal

Upload any Minneapolis offering memo, T12, or rent roll. Get a full underwriting report with deal grade, sensitivity analysis, and Go/No-Go verdict in under 2 minutes.

← All Markets