{
  "schema_version": "1.0",
  "submarket": {
    "slug": "lakeville-mn",
    "name": "Lakeville",
    "state": "MN",
    "city": "LAKEVILLE",
    "cbsa": "Minneapolis-St. Paul-Bloomington",
    "zip_codes": [
      "55044"
    ]
  },
  "report": {
    "yearmonth": "202604",
    "month_label": "April 2026",
    "first_published_at": "2026-04-20T00:53:15.383Z",
    "last_updated_at": "2026-06-02T13:46:09.296Z"
  },
  "rents": {
    "apartment": {
      "1br": {
        "median": 1580,
        "low": 1501,
        "high": 1659,
        "mom_pct": 0.51,
        "yoy_pct": 2.44
      },
      "2br": {
        "median": 1912,
        "low": 1817,
        "high": 2008,
        "mom_pct": -1.55,
        "yoy_pct": 3.48
      },
      "3br": {
        "median": 2372,
        "low": 2254,
        "high": 2491,
        "mom_pct": -2.01,
        "yoy_pct": -0.65
      },
      "4br": {
        "median": 2905,
        "low": 2859,
        "high": 3036,
        "mom_pct": 0.28,
        "yoy_pct": 2.87
      }
    },
    "condo_townhome": {
      "1br": {
        "median": 1572,
        "low": 1522,
        "high": 1622,
        "mom_pct": 0.51,
        "yoy_pct": 3.08
      },
      "2br": {
        "median": 1963,
        "low": 1914,
        "high": 2012,
        "mom_pct": -0.61,
        "yoy_pct": 1.92
      },
      "3br": {
        "median": 2380,
        "low": 2285,
        "high": 2475,
        "mom_pct": 0.71,
        "yoy_pct": -0.92
      },
      "4br": {
        "median": 2885,
        "low": 2857,
        "high": 2972,
        "mom_pct": -0.06,
        "yoy_pct": 2.31
      }
    },
    "single_family": {
      "1br": {
        "median": 1645,
        "low": 1622,
        "high": 1698,
        "mom_pct": 0.18000000000000002,
        "yoy_pct": 5.989999999999999
      },
      "2br": {
        "median": 1922,
        "low": 1874,
        "high": 1970,
        "mom_pct": -6.69,
        "yoy_pct": -2.37
      },
      "3br": {
        "median": 2404,
        "low": 2308,
        "high": 2500,
        "mom_pct": -9.82,
        "yoy_pct": -12.770000000000001
      },
      "4br": {
        "median": 3113,
        "low": 2951,
        "high": 3275,
        "mom_pct": 5.36,
        "yoy_pct": 5.68
      }
    }
  },
  "vacancy": 3.4523,
  "days_on_market": {
    "apartment": 34,
    "condo_townhome": 29,
    "single_family": 26
  },
  "ai_summary": [
    {
      "headline": "4BR single-family up 5.36% MoM at $3,113",
      "body": "In the Lakeville (55044) rental market, 4-bedroom single-family homes reached a median rent of $3,113, rising 5.36% over the previous month. This monthly increase exceeded gains in both 4-bedroom apartments, up 0.28% MoM, and 4-bedroom condos, down 0.06% MoM."
    },
    {
      "headline": "3BR apartments drop 2.01% MoM to $2,372",
      "body": "Among 3-bedroom segments in Lakeville (55044), apartments fell by -2.01% month-over-month to a median rent of $2,372. In comparison, 3-bedroom condos increased 0.71% MoM to $2,380, resulting in condos leading apartments by $8 for this unit size."
    },
    {
      "headline": "1BR single-family grows 5.99% YoY to $1,645",
      "body": "Year-over-year, Lakeville (55044) rental trends show 1-bedroom single-family homes climbed 5.99%, reaching $1,645. Meanwhile, 1-bedroom apartments rose 2.44% YoY to $1,580, with single-family rents surpassing apartments by $65 for this segment."
    }
  ],
  "summary": {
    "canonical": [
      "As of April 2026, rental prices in Lakeville, MN range from $1,572 to $3,113 per month depending on property type and bedroom count.",
      "The most notable year-over-year change is a 5.99% increase for single-family 1BR units in Lakeville, MN as of April 2026.",
      "For 3BR units in Lakeville, MN, single-family homes have a median rent of $2,404, which exceeds the apartment median of $2,372."
    ],
    "qa": [
      {
        "question": "What is the typical rent range in Lakeville, MN as of April 2026?",
        "answer": "In Lakeville, MN, rents range from $1,572 per month for a 1BR condo/townhome to $3,113 per month for a 4BR single-family home as of April 2026."
      },
      {
        "question": "Which segment in Lakeville, MN saw the largest annual growth in rent, and is the increase across all bedrooms or a specific one?",
        "answer": "The single-family 1BR segment experienced the largest year-over-year rent increase at 5.99% in Lakeville, MN, April 2026, and this gain is concentrated in the 1BR category rather than broadly across all bedrooms."
      },
      {
        "question": "What is the premium gap between apartments and single-family homes for the same bedroom count in Lakeville, MN?",
        "answer": "For 3BR units, single-family homes have a median rent of $2,404 compared to $2,372 for apartments, a premium gap of $32; for 4BR, single-family homes command a $208 higher rent at $3,113 versus $2,905 for apartments."
      },
      {
        "question": "Is there a segment with an unusual rent change in Lakeville, MN?",
        "answer": "The single-family 3BR segment had an unusually large month-over-month decline of -9.82% in April 2026, dropping its median rent to $2,404."
      }
    ]
  },
  "history": [
    {
      "yearmonth": "202604",
      "month_label": "April 2026",
      "rents": {
        "apartment": {
          "1br": 1580,
          "2br": 1912,
          "3br": 2372,
          "4br": 2905
        },
        "condo_townhome": {
          "1br": 1572,
          "2br": 1963,
          "3br": 2380,
          "4br": 2885
        },
        "single_family": {
          "1br": 1645,
          "2br": 1922,
          "3br": 2404,
          "4br": 3113
        }
      }
    },
    {
      "yearmonth": "202603",
      "month_label": "March 2026",
      "rents": {
        "apartment": {
          "1br": 1572,
          "2br": 1942,
          "3br": 2421,
          "4br": 2897
        },
        "condo_townhome": {
          "1br": 1564,
          "2br": 1975,
          "3br": 2363,
          "4br": 2887
        },
        "single_family": {
          "1br": 1642,
          "2br": 2060,
          "3br": 2666,
          "4br": 2955
        }
      }
    },
    {
      "yearmonth": "202602",
      "month_label": "February 2026",
      "rents": {
        "apartment": {
          "1br": 1588,
          "2br": 1944,
          "3br": 2388,
          "4br": 2913
        },
        "condo_townhome": {
          "1br": 1570,
          "2br": 1994,
          "3br": 2532,
          "4br": 2911
        },
        "single_family": {
          "1br": 1642,
          "2br": 2071,
          "3br": 2715,
          "4br": 3009
        }
      }
    },
    {
      "yearmonth": "202601",
      "month_label": "January 2026",
      "rents": {
        "apartment": {
          "1br": 1545,
          "2br": 1947,
          "3br": 2496,
          "4br": 2938
        },
        "condo_townhome": {
          "1br": 1582,
          "2br": 2012,
          "3br": 2438,
          "4br": 2933
        },
        "single_family": {
          "1br": 1641,
          "2br": 2077,
          "3br": 2732,
          "4br": 3000
        }
      }
    },
    {
      "yearmonth": "202512",
      "month_label": "December 2025",
      "rents": {
        "apartment": {
          "1br": 1571,
          "2br": 1938,
          "3br": 2504,
          "4br": 2959
        },
        "condo_townhome": {
          "1br": 1593,
          "2br": 2021,
          "3br": 2471,
          "4br": 2959
        },
        "single_family": {
          "1br": 1644,
          "2br": 2091,
          "3br": 2728,
          "4br": 3023
        }
      }
    },
    {
      "yearmonth": "202511",
      "month_label": "November 2025",
      "rents": {
        "apartment": {
          "1br": 1592,
          "2br": 1952,
          "3br": 2470,
          "4br": 2968
        },
        "condo_townhome": {
          "1br": 1593,
          "2br": 2028,
          "3br": 2441,
          "4br": 2967
        },
        "single_family": {
          "1br": 1645,
          "2br": 2095,
          "3br": 2725,
          "4br": 3076
        }
      }
    },
    {
      "yearmonth": "202510",
      "month_label": "October 2025",
      "rents": {
        "apartment": {
          "1br": 1595,
          "2br": 1951,
          "3br": 2444,
          "4br": 2962
        },
        "condo_townhome": {
          "1br": 1591,
          "2br": 2016,
          "3br": 2456,
          "4br": 2954
        },
        "single_family": {
          "1br": 1637,
          "2br": 2085,
          "3br": 2734,
          "4br": 3056
        }
      }
    },
    {
      "yearmonth": "202509",
      "month_label": "September 2025",
      "rents": {
        "apartment": {
          "1br": 1580,
          "2br": 1902,
          "3br": 2490,
          "4br": 2950
        },
        "condo_townhome": {
          "1br": 1601,
          "2br": 2009,
          "3br": 2466,
          "4br": 2941
        },
        "single_family": {
          "1br": 1629,
          "2br": 2088,
          "3br": 2742,
          "4br": 3037
        }
      }
    },
    {
      "yearmonth": "202508",
      "month_label": "August 2025",
      "rents": {
        "apartment": {
          "1br": 1553,
          "2br": 1856,
          "3br": 2527,
          "4br": 2931
        },
        "condo_townhome": {
          "1br": 1567,
          "2br": 1999,
          "3br": 2499,
          "4br": 2925
        },
        "single_family": {
          "1br": 1618,
          "2br": 2054,
          "3br": 2733,
          "4br": 2984
        }
      }
    },
    {
      "yearmonth": "202507",
      "month_label": "July 2025",
      "rents": {
        "apartment": {
          "1br": 1496,
          "2br": 1891,
          "3br": 2499,
          "4br": 2900
        },
        "condo_townhome": {
          "1br": 1547,
          "2br": 2017,
          "3br": 2501,
          "4br": 2905
        },
        "single_family": {
          "1br": 1603,
          "2br": 2032,
          "3br": 2738,
          "4br": 3022
        }
      }
    },
    {
      "yearmonth": "202506",
      "month_label": "June 2025",
      "rents": {
        "apartment": {
          "1br": 1525,
          "2br": 1843,
          "3br": 2437,
          "4br": 2867
        },
        "condo_townhome": {
          "1br": 1530,
          "2br": 1962,
          "3br": 2460,
          "4br": 2884
        },
        "single_family": {
          "1br": 1584,
          "2br": 2010,
          "3br": 2736,
          "4br": 3014
        }
      }
    },
    {
      "yearmonth": "202505",
      "month_label": "May 2025",
      "rents": {
        "apartment": {
          "1br": 1539,
          "2br": 1846,
          "3br": 2388,
          "4br": 2831
        },
        "condo_townhome": {
          "1br": 1517,
          "2br": 1929,
          "3br": 2386,
          "4br": 2847
        },
        "single_family": {
          "1br": 1564,
          "2br": 1984,
          "3br": 2756,
          "4br": 2991
        }
      }
    }
  ],
  "links": {
    "data_page": "https://data.estaite.com/submarkets/lakeville-mn/",
    "self": "https://data.estaite.com/feeds/lakeville-mn.json"
  },
  "license": "CC BY 4.0",
  "license_url": "https://creativecommons.org/licenses/by/4.0/",
  "attribution": "Data provided by Estaite (https://estaite.com)"
}