{
  "schema_version": "1.0",
  "submarket": {
    "slug": "edina-richfield-bloomington-east-mn",
    "name": "Edina / Richfield / Bloomington East",
    "state": "MN",
    "city": "RICHFIELD",
    "cbsa": "Minneapolis-St. Paul-Bloomington",
    "zip_codes": [
      "55423",
      "55424",
      "55435",
      "55439"
    ]
  },
  "report": {
    "yearmonth": "202604",
    "month_label": "April 2026",
    "first_published_at": "2026-04-20T00:52:00.203Z",
    "last_updated_at": "2026-06-02T13:10:08.849Z"
  },
  "rents": {
    "apartment": {
      "1br": {
        "median": 1442,
        "low": 1385,
        "high": 1500,
        "mom_pct": -5.889088669950739,
        "yoy_pct": -4.170394088669951
      },
      "2br": {
        "median": 1922,
        "low": 1825,
        "high": 2018,
        "mom_pct": -0.7301293103448275,
        "yoy_pct": 3.9620258620689652
      },
      "3br": {
        "median": 2471,
        "low": 2372,
        "high": 2570,
        "mom_pct": -0.8157575757575758,
        "yoy_pct": 2.9657575757575754
      },
      "4br": {
        "median": 2900,
        "low": 2841,
        "high": 3007,
        "mom_pct": 0.13769230769230767,
        "yoy_pct": 3.0338461538461536
      }
    },
    "condo_townhome": {
      "1br": {
        "median": 1610,
        "low": 1570,
        "high": 1650,
        "mom_pct": -1.16625,
        "yoy_pct": 2.7743750000000005
      },
      "2br": {
        "median": 2005,
        "low": 1955,
        "high": 2055,
        "mom_pct": -2.050555555555556,
        "yoy_pct": 0.020000000000000115
      },
      "3br": {
        "median": 2626,
        "low": 2547,
        "high": 2704,
        "mom_pct": -1.5324999999999998,
        "yoy_pct": 1.7300000000000002
      },
      "4br": {
        "median": 2939,
        "low": 2907,
        "high": 3027,
        "mom_pct": 0.20000000000000004,
        "yoy_pct": 2.76
      }
    },
    "single_family": {
      "1br": {
        "median": 1696,
        "low": 1672,
        "high": 1755,
        "mom_pct": 0.665,
        "yoy_pct": 6.567499999999999
      },
      "2br": {
        "median": 2035,
        "low": 1974,
        "high": 2106,
        "mom_pct": 2.4511111111111115,
        "yoy_pct": 6.92
      },
      "3br": {
        "median": 2598,
        "low": 2520,
        "high": 2676,
        "mom_pct": -1.163181818181818,
        "yoy_pct": 2.4395454545454545
      },
      "4br": {
        "median": 2990,
        "low": 2901,
        "high": 3080,
        "mom_pct": -0.40869565217391307,
        "yoy_pct": 1.7360869565217392
      }
    }
  },
  "vacancy": 3.4672,
  "days_on_market": {
    "apartment": 33,
    "condo_townhome": 31,
    "single_family": 26
  },
  "ai_summary": [
    {
      "headline": "1BR apartments fall 5.9% to $1,442",
      "body": "In the Edina / Richfield / Bloomington East (55423, 55424, 55435, 55439) rental market, 1-bedroom apartments experienced a significant month-over-month decrease of 5.89%, settling at a median rent of $1,442 in April 2026. This also reflects a 4.17% year-over-year drop, marking a notable decline in pricing for entry-level units."
    },
    {
      "headline": "2BR single-family leads at $2,035",
      "body": "For 2-bedroom units in Edina / Richfield / Bloomington East (55423, 55424, 55435, 55439), single-family homes command the highest median rent at $2,035, bolstered by a 2.45% month-over-month increase. This rate outperforms 2-bedroom apartment and condo segments by $113 and $30, respectively."
    },
    {
      "headline": "4BR condos rise 2.76% YoY to $2,939",
      "body": "The Edina / Richfield / Bloomington East (55423, 55424, 55435, 55439) rental trends point to 4-bedroom condo/townhome units climbing 2.76% year-over-year, reaching a median rent of $2,939 in April 2026. This segment recorded a higher annual gain compared to 4-bedroom apartments (3.03%) and single-family homes (1.74%)."
    }
  ],
  "summary": {
    "canonical": [
      "As of April 2026, rental prices in Edina / Richfield / Bloomington East, MN range from $1,442 to $2,990 per month depending on property type and bedroom count.",
      "The largest year-over-year change was a 6.92% increase for single-family 2BR homes in Edina / Richfield / Bloomington East, MN.",
      "For 2BR units, single-family homes rent at $2,035 while condos/townhomes rent for $2,005."
    ],
    "qa": [
      {
        "question": "What is the current rent range in Edina / Richfield / Bloomington East, MN?",
        "answer": "As of April 2026, rents range from $1,442 for a 1BR apartment to $2,990 for a 4BR single-family home in Edina / Richfield / Bloomington East, MN."
      },
      {
        "question": "Are rents in Edina / Richfield / Bloomington East, MN generally increasing or decreasing as of April 2026?",
        "answer": "Some segments are rising while others are declining: single-family 2BR rents increased 6.92% year-over-year, while 1BR apartments declined by 4.17%, and other segments saw changes between 0.02% and 3.96% as of April 2026."
      },
      {
        "question": "What is the rent premium for single-family homes compared to condos/townhomes for the same bedroom count in Edina / Richfield / Bloomington East, MN?",
        "answer": "In April 2026, single-family homes command a slight premium, with 2BR single-family renting for $2,035 compared to $2,005 for 2BR condos/townhomes, and 4BR single-family at $2,990 compared to $2,939 for 4BR condos/townhomes."
      },
      {
        "question": "Which rental segment shows the most outlier rent change in Edina / Richfield / Bloomington East, MN?",
        "answer": "Single-family 2BR homes are the outlier, with a 6.92% year-over-year rent increase as of April 2026, the largest change among all segments in this submarket."
      }
    ]
  },
  "history": [
    {
      "yearmonth": "202604",
      "month_label": "April 2026",
      "rents": {
        "apartment": {
          "1br": 1442,
          "2br": 1922,
          "3br": 2471,
          "4br": 2900
        },
        "condo_townhome": {
          "1br": 1610,
          "2br": 2005,
          "3br": 2626,
          "4br": 2939
        },
        "single_family": {
          "1br": 1696,
          "2br": 2035,
          "3br": 2598,
          "4br": 2990
        }
      }
    },
    {
      "yearmonth": "202603",
      "month_label": "March 2026",
      "rents": {
        "apartment": {
          "1br": 1520,
          "2br": 1934,
          "3br": 2509,
          "4br": 2896
        },
        "condo_townhome": {
          "1br": 1625,
          "2br": 2042,
          "3br": 2667,
          "4br": 2933
        },
        "single_family": {
          "1br": 1685,
          "2br": 1986,
          "3br": 2614,
          "4br": 2998
        }
      }
    },
    {
      "yearmonth": "202602",
      "month_label": "February 2026",
      "rents": {
        "apartment": {
          "1br": 1540,
          "2br": 1891,
          "3br": 2511,
          "4br": 2922
        },
        "condo_townhome": {
          "1br": 1633,
          "2br": 2026,
          "3br": 2677,
          "4br": 2948
        },
        "single_family": {
          "1br": 1681,
          "2br": 1985,
          "3br": 2642,
          "4br": 2996
        }
      }
    },
    {
      "yearmonth": "202601",
      "month_label": "January 2026",
      "rents": {
        "apartment": {
          "1br": 1602,
          "2br": 1969,
          "3br": 2536,
          "4br": 2950
        },
        "condo_townhome": {
          "1br": 1623,
          "2br": 2050,
          "3br": 2695,
          "4br": 2973
        },
        "single_family": {
          "1br": 1677,
          "2br": 1988,
          "3br": 2719,
          "4br": 3049
        }
      }
    },
    {
      "yearmonth": "202512",
      "month_label": "December 2025",
      "rents": {
        "apartment": {
          "1br": 1584,
          "2br": 1952,
          "3br": 2554,
          "4br": 2970
        },
        "condo_townhome": {
          "1br": 1623,
          "2br": 2029,
          "3br": 2723,
          "4br": 3000
        },
        "single_family": {
          "1br": 1684,
          "2br": 2002,
          "3br": 2731,
          "4br": 3070
        }
      }
    },
    {
      "yearmonth": "202511",
      "month_label": "November 2025",
      "rents": {
        "apartment": {
          "1br": 1578,
          "2br": 1956,
          "3br": 2558,
          "4br": 2975
        },
        "condo_townhome": {
          "1br": 1622,
          "2br": 2048,
          "3br": 2739,
          "4br": 3017
        },
        "single_family": {
          "1br": 1690,
          "2br": 2010,
          "3br": 2746,
          "4br": 3088
        }
      }
    },
    {
      "yearmonth": "202510",
      "month_label": "October 2025",
      "rents": {
        "apartment": {
          "1br": 1565,
          "2br": 1963,
          "3br": 2549,
          "4br": 2959
        },
        "condo_townhome": {
          "1br": 1614,
          "2br": 2031,
          "3br": 2742,
          "4br": 3017
        },
        "single_family": {
          "1br": 1688,
          "2br": 2007,
          "3br": 2768,
          "4br": 3115
        }
      }
    },
    {
      "yearmonth": "202509",
      "month_label": "September 2025",
      "rents": {
        "apartment": {
          "1br": 1560,
          "2br": 1959,
          "3br": 2523,
          "4br": 2936
        },
        "condo_townhome": {
          "1br": 1616,
          "2br": 2042,
          "3br": 2738,
          "4br": 3007
        },
        "single_family": {
          "1br": 1680,
          "2br": 2000,
          "3br": 2748,
          "4br": 3119
        }
      }
    },
    {
      "yearmonth": "202508",
      "month_label": "August 2025",
      "rents": {
        "apartment": {
          "1br": 1563,
          "2br": 1946,
          "3br": 2502,
          "4br": 2907
        },
        "condo_townhome": {
          "1br": 1629,
          "2br": 2035,
          "3br": 2720,
          "4br": 2988
        },
        "single_family": {
          "1br": 1669,
          "2br": 1986,
          "3br": 2730,
          "4br": 3097
        }
      }
    },
    {
      "yearmonth": "202507",
      "month_label": "July 2025",
      "rents": {
        "apartment": {
          "1br": 1554,
          "2br": 1915,
          "3br": 2472,
          "4br": 2878
        },
        "condo_townhome": {
          "1br": 1620,
          "2br": 2026,
          "3br": 2688,
          "4br": 2959
        },
        "single_family": {
          "1br": 1655,
          "2br": 1966,
          "3br": 2713,
          "4br": 3103
        }
      }
    },
    {
      "yearmonth": "202506",
      "month_label": "June 2025",
      "rents": {
        "apartment": {
          "1br": 1564,
          "2br": 1904,
          "3br": 2443,
          "4br": 2854
        },
        "condo_townhome": {
          "1br": 1614,
          "2br": 2045,
          "3br": 2650,
          "4br": 2927
        },
        "single_family": {
          "1br": 1636,
          "2br": 1948,
          "3br": 2673,
          "4br": 3057
        }
      }
    },
    {
      "yearmonth": "202505",
      "month_label": "May 2025",
      "rents": {
        "apartment": {
          "1br": 1572,
          "2br": 1888,
          "3br": 2413,
          "4br": 2829
        },
        "condo_townhome": {
          "1br": 1598,
          "2br": 2026,
          "3br": 2610,
          "4br": 2890
        },
        "single_family": {
          "1br": 1612,
          "2br": 1923,
          "3br": 2654,
          "4br": 3042
        }
      }
    }
  ],
  "links": {
    "data_page": "https://data.estaite.com/submarkets/edina-richfield-bloomington-east-mn/",
    "self": "https://data.estaite.com/feeds/edina-richfield-bloomington-east-mn.json"
  },
  "license": "CC BY 4.0",
  "license_url": "https://creativecommons.org/licenses/by/4.0/",
  "attribution": "Data provided by Estaite (https://estaite.com)"
}