ZIP 55416

ZIP 55416 covers 58 tracked apartment buildings totaling 8,245 units in Minneapolis, MN, with an average asking rent of $2,109 — above the national median for this ZIP code. Asking rents span $1,073 to $7,200 across the available inventory. Occupancy of 93.5% is in line with a healthy stabilized market.

The for-sale market in this ZIP code shows a median asking price of $460,000 ($273 per square foot). For-sale listings sit on the market for an average of 62 days. As of the most recent snapshot Rufus is tracking 113 active listings. HMDA mortgage data for the county covering Minneapolis shows an average loan amount of $386,628 at an average interest rate of 6.76%. 60,424 loans were originated in the most recent reporting year, a very low denial rate that suggests borrowers in this area are typically well-qualified.

Rufus refreshes this ZIP code snapshot from live scraping of listing sources and public deed and mortgage records; figures are observed rather than reported by owners and may differ from marketing brochures.