{
  "schema_version": "1.0",
  "submarket": {
    "slug": "inver-grove-heights-mn",
    "name": "Inver Grove Heights",
    "state": "MN",
    "city": "INVER GROVE HEIGHTS",
    "cbsa": "Minneapolis-St. Paul-Bloomington",
    "zip_codes": [
      "55076",
      "55077"
    ]
  },
  "report": {
    "yearmonth": "202604",
    "month_label": "April 2026",
    "first_published_at": "2026-04-20T00:53:15.280Z",
    "last_updated_at": "2026-06-02T13:46:13.493Z"
  },
  "rents": {
    "apartment": {
      "1br": {
        "median": 1540,
        "low": 1463,
        "high": 1617,
        "mom_pct": 2.3945098039215686,
        "yoy_pct": 3.246666666666666
      },
      "2br": {
        "median": 1686,
        "low": 1602,
        "high": 1771,
        "mom_pct": -1.9166666666666663,
        "yoy_pct": -3.596372549019608
      },
      "3br": {
        "median": 2447,
        "low": 2332,
        "high": 2562,
        "mom_pct": 1.0626315789473686,
        "yoy_pct": 4.3578947368421055
      },
      "4br": {
        "median": 2934,
        "low": 2854,
        "high": 3022,
        "mom_pct": 0.39571428571428574,
        "yoy_pct": 2.8428571428571425
      }
    },
    "condo_townhome": {
      "1br": {
        "median": 1556,
        "low": 1506,
        "high": 1606,
        "mom_pct": 0.13,
        "yoy_pct": 3.7900000000000005
      },
      "2br": {
        "median": 1961,
        "low": 1898,
        "high": 2024,
        "mom_pct": 0.7,
        "yoy_pct": 5.032222222222222
      },
      "3br": {
        "median": 2544,
        "low": 2467,
        "high": 2620,
        "mom_pct": -0.30124999999999996,
        "yoy_pct": 1.7275
      },
      "4br": {
        "median": 2831,
        "low": 2746,
        "high": 2916,
        "mom_pct": -3.218571428571429,
        "yoy_pct": -0.9628571428571429
      }
    },
    "single_family": {
      "1br": {
        "median": 1645,
        "low": 1622,
        "high": 1703,
        "mom_pct": 0.21,
        "yoy_pct": 6.0249999999999995
      },
      "2br": {
        "median": 2060,
        "low": 1994,
        "high": 2126,
        "mom_pct": 0.025000000000000005,
        "yoy_pct": 5.315
      },
      "3br": {
        "median": 2754,
        "low": 2652,
        "high": 2856,
        "mom_pct": -0.5271428571428572,
        "yoy_pct": 3.2871428571428574
      },
      "4br": {
        "median": 2899,
        "low": 2812,
        "high": 2986,
        "mom_pct": -0.5299999999999999,
        "yoy_pct": 2.085
      }
    }
  },
  "vacancy": 3.4523,
  "days_on_market": {
    "apartment": 32,
    "condo_townhome": 29,
    "single_family": 26
  },
  "ai_summary": [
    {
      "headline": "1BR apartment rents surge to $1,540",
      "body": "In the Inver Grove Heights (55076, 55077) rental market, 1-bedroom apartments saw a month-over-month increase of 2.39%, pushing median rent up to $1,540. Annual rent for this segment grew 3.25%, signaling notable upward momentum for affordable apartment units in Inver Grove Heights (55076, 55077)."
    },
    {
      "headline": "3BR condos lag apartments by 1.7% YoY",
      "body": "Median rent for 3-bedroom condos in Inver Grove Heights (55076, 55077) stood at $2,544, while 3-bedroom apartments averaged $2,447. Although condos are pricier by $97, their year-over-year growth of 1.73% was outpaced by apartments, which recorded a 4.36% annual increase."
    },
    {
      "headline": "2BR single-family rents rise 5.3% YoY",
      "body": "Demand for larger homes continues as Inver Grove Heights (55076, 55077) rental trends show 2-bedroom single-family properties commanded $2,060 and posted a 5.32% year-over-year rent gain. In contrast, 2-bedroom apartments experienced a 3.60% annual decline, reflecting shifting preferences in this market."
    }
  ],
  "summary": {
    "canonical": [
      "As of April 2026, rental prices in Inver Grove Heights, MN range from $1,540 to $2,934 per month depending on property type and bedroom count.",
      "The largest year-over-year increase was for single-family 1BR units in Inver Grove Heights, MN, rising 6.02%.",
      "For 2BR rentals in Inver Grove Heights, MN, single-family homes command a median rent of $2,060 compared to $1,686 for apartments."
    ],
    "qa": [
      {
        "question": "What is the monthly rent range in Inver Grove Heights, MN for April 2026?",
        "answer": "In April 2026, rents in Inver Grove Heights, MN span from $1,540 for a 1BR apartment to $2,934 for a 4BR apartment."
      },
      {
        "question": "In Inver Grove Heights, MN, is there a bedroom count where one property type significantly outperforms the others?",
        "answer": "Yes, for 1BR units in Inver Grove Heights, MN, single-family homes rent for $1,645, which is noticeably higher than both apartments at $1,540 and condos/townhomes at $1,556."
      },
      {
        "question": "What is the rent premium between apartments and single-family homes for the same bedroom count in Inver Grove Heights, MN?",
        "answer": "For 2BR rentals in Inver Grove Heights, MN, single-family homes rent for $2,060, which is $374 higher than apartments at $1,686."
      },
      {
        "question": "Which segment in Inver Grove Heights, MN experienced the sharpest month-over-month rent change in April 2026?",
        "answer": "The largest month-over-month movement was seen with apartments in the 1BR segment, which increased 2.39% from the prior month."
      }
    ]
  },
  "history": [
    {
      "yearmonth": "202604",
      "month_label": "April 2026",
      "rents": {
        "apartment": {
          "1br": 1540,
          "2br": 1686,
          "3br": 2447,
          "4br": 2934
        },
        "condo_townhome": {
          "1br": 1556,
          "2br": 1961,
          "3br": 2544,
          "4br": 2831
        },
        "single_family": {
          "1br": 1645,
          "2br": 2060,
          "3br": 2754,
          "4br": 2899
        }
      }
    },
    {
      "yearmonth": "202603",
      "month_label": "March 2026",
      "rents": {
        "apartment": {
          "1br": 1503,
          "2br": 1719,
          "3br": 2422,
          "4br": 2931
        },
        "condo_townhome": {
          "1br": 1554,
          "2br": 1946,
          "3br": 2555,
          "4br": 2923
        },
        "single_family": {
          "1br": 1642,
          "2br": 2060,
          "3br": 2769,
          "4br": 2912
        }
      }
    },
    {
      "yearmonth": "202602",
      "month_label": "February 2026",
      "rents": {
        "apartment": {
          "1br": 1508,
          "2br": 1749,
          "3br": 2442,
          "4br": 2945
        },
        "condo_townhome": {
          "1br": 1563,
          "2br": 1963,
          "3br": 2558,
          "4br": 2946
        },
        "single_family": {
          "1br": 1642,
          "2br": 2070,
          "3br": 2795,
          "4br": 2922
        }
      }
    },
    {
      "yearmonth": "202601",
      "month_label": "January 2026",
      "rents": {
        "apartment": {
          "1br": 1532,
          "2br": 1778,
          "3br": 2473,
          "4br": 2974
        },
        "condo_townhome": {
          "1br": 1567,
          "2br": 1949,
          "3br": 2571,
          "4br": 2974
        },
        "single_family": {
          "1br": 1641,
          "2br": 2075,
          "3br": 2807,
          "4br": 2944
        }
      }
    },
    {
      "yearmonth": "202512",
      "month_label": "December 2025",
      "rents": {
        "apartment": {
          "1br": 1533,
          "2br": 1849,
          "3br": 2511,
          "4br": 2997
        },
        "condo_townhome": {
          "1br": 1567,
          "2br": 1949,
          "3br": 2581,
          "4br": 2991
        },
        "single_family": {
          "1br": 1644,
          "2br": 2086,
          "3br": 2826,
          "4br": 2965
        }
      }
    },
    {
      "yearmonth": "202511",
      "month_label": "November 2025",
      "rents": {
        "apartment": {
          "1br": 1533,
          "2br": 1855,
          "3br": 2513,
          "4br": 3011
        },
        "condo_townhome": {
          "1br": 1570,
          "2br": 1933,
          "3br": 2596,
          "4br": 3001
        },
        "single_family": {
          "1br": 1645,
          "2br": 2087,
          "3br": 2831,
          "4br": 2944
        }
      }
    },
    {
      "yearmonth": "202510",
      "month_label": "October 2025",
      "rents": {
        "apartment": {
          "1br": 1529,
          "2br": 1827,
          "3br": 2480,
          "4br": 3003
        },
        "condo_townhome": {
          "1br": 1563,
          "2br": 1976,
          "3br": 2585,
          "4br": 2992
        },
        "single_family": {
          "1br": 1637,
          "2br": 2074,
          "3br": 2817,
          "4br": 2929
        }
      }
    },
    {
      "yearmonth": "202509",
      "month_label": "September 2025",
      "rents": {
        "apartment": {
          "1br": 1517,
          "2br": 1810,
          "3br": 2444,
          "4br": 2989
        },
        "condo_townhome": {
          "1br": 1553,
          "2br": 1941,
          "3br": 2597,
          "4br": 2976
        },
        "single_family": {
          "1br": 1629,
          "2br": 2062,
          "3br": 2801,
          "4br": 2995
        }
      }
    },
    {
      "yearmonth": "202508",
      "month_label": "August 2025",
      "rents": {
        "apartment": {
          "1br": 1513,
          "2br": 1774,
          "3br": 2421,
          "4br": 2970
        },
        "condo_townhome": {
          "1br": 1543,
          "2br": 1920,
          "3br": 2595,
          "4br": 2959
        },
        "single_family": {
          "1br": 1618,
          "2br": 2048,
          "3br": 2783,
          "4br": 2983
        }
      }
    },
    {
      "yearmonth": "202507",
      "month_label": "July 2025",
      "rents": {
        "apartment": {
          "1br": 1505,
          "2br": 1770,
          "3br": 2412,
          "4br": 2954
        },
        "condo_townhome": {
          "1br": 1531,
          "2br": 1887,
          "3br": 2563,
          "4br": 2937
        },
        "single_family": {
          "1br": 1603,
          "2br": 2031,
          "3br": 2761,
          "4br": 2953
        }
      }
    },
    {
      "yearmonth": "202506",
      "month_label": "June 2025",
      "rents": {
        "apartment": {
          "1br": 1482,
          "2br": 1756,
          "3br": 2391,
          "4br": 2928
        },
        "condo_townhome": {
          "1br": 1528,
          "2br": 1870,
          "3br": 2532,
          "4br": 2909
        },
        "single_family": {
          "1br": 1584,
          "2br": 2009,
          "3br": 2733,
          "4br": 2915
        }
      }
    },
    {
      "yearmonth": "202505",
      "month_label": "May 2025",
      "rents": {
        "apartment": {
          "1br": 1486,
          "2br": 1742,
          "3br": 2376,
          "4br": 2886
        },
        "condo_townhome": {
          "1br": 1513,
          "2br": 1879,
          "3br": 2500,
          "4br": 2874
        },
        "single_family": {
          "1br": 1564,
          "2br": 1980,
          "3br": 2695,
          "4br": 2870
        }
      }
    }
  ],
  "links": {
    "data_page": "https://data.estaite.com/submarkets/inver-grove-heights-mn/",
    "self": "https://data.estaite.com/feeds/inver-grove-heights-mn.json"
  },
  "license": "CC BY 4.0",
  "license_url": "https://creativecommons.org/licenses/by/4.0/",
  "attribution": "Data provided by Estaite (https://estaite.com)"
}