January 29, 2025
Matrix Multifamily Twin Cities Report-January 2025
Twin Cities’ Steady Performance
Average advertised asking rents in Minneapolis-St. Paul were down 0.2 percent on a T3 basis through November, to $1,529, mirroring the national average. Demand remained stable, with occupancy up 0.2 percent YoY to 95.2 percent.
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