{
  "schema_version": "1.0",
  "submarket": {
    "slug": "north-loop-warehouse-district-mn",
    "name": "North Loop / Warehouse District",
    "state": "MN",
    "city": "MINNEAPOLIS",
    "cbsa": "Minneapolis-St. Paul-Bloomington",
    "zip_codes": [
      "55401"
    ]
  },
  "report": {
    "yearmonth": "202604",
    "month_label": "April 2026",
    "first_published_at": "2026-04-20T00:53:16.267Z",
    "last_updated_at": "2026-06-02T13:47:13.906Z"
  },
  "rents": {
    "apartment": {
      "1br": {
        "median": 1871,
        "low": 1778,
        "high": 1965,
        "mom_pct": -1.32,
        "yoy_pct": 6.49
      },
      "2br": {
        "median": 2552,
        "low": 2412,
        "high": 2693,
        "mom_pct": 2.04,
        "yoy_pct": 7.33
      },
      "3br": {
        "median": 2600,
        "low": 2496,
        "high": 2704,
        "mom_pct": 0.85,
        "yoy_pct": 7.22
      },
      "4br": {
        "median": 2894,
        "low": 2841,
        "high": 2981,
        "mom_pct": -0.03,
        "yoy_pct": 2.84
      }
    },
    "condo_townhome": {
      "1br": {
        "median": 2009,
        "low": 1908,
        "high": 2109,
        "mom_pct": 5.5,
        "yoy_pct": 10.06
      },
      "2br": {
        "median": 2719,
        "low": 2596,
        "high": 2841,
        "mom_pct": 9.77,
        "yoy_pct": 12.76
      },
      "3br": {
        "median": 2614,
        "low": 2566,
        "high": 2692,
        "mom_pct": -0.04,
        "yoy_pct": 2.51
      },
      "4br": {
        "median": 2939,
        "low": 2907,
        "high": 3027,
        "mom_pct": 0.20000000000000004,
        "yoy_pct": 2.76
      }
    },
    "single_family": {
      "1br": {
        "median": 1700,
        "low": 1681,
        "high": 1759,
        "mom_pct": 0.59,
        "yoy_pct": 6.25
      },
      "2br": {
        "median": 2018,
        "low": 1984,
        "high": 2083,
        "mom_pct": 0.6,
        "yoy_pct": 5.599999999999999
      },
      "3br": {
        "median": 2752,
        "low": 2650,
        "high": 2854,
        "mom_pct": 0.26,
        "yoy_pct": 3.61
      },
      "4br": {
        "median": 3010,
        "low": 2920,
        "high": 3100,
        "mom_pct": 0.10000000000000002,
        "yoy_pct": 2.56
      }
    }
  },
  "vacancy": 3.4672,
  "days_on_market": {
    "apartment": 33,
    "condo_townhome": 37,
    "single_family": 26
  },
  "ai_summary": [
    {
      "headline": "2BR condo rents up 12.76% YoY",
      "body": "In the North Loop / Warehouse District (55401) rental market, 2-bedroom condos/townhomes reached a median rent of $2,719 in April 2026, with a 12.76% year-over-year increase. This segment also posted a 9.77% month-over-month gain, emphasizing rapid rent growth in North Loop / Warehouse District (55401) for mid-size condos."
    },
    {
      "headline": "1BR condos outpace apartments by $138",
      "body": "While 1-bedroom condos/townhomes posted a median rent of $2,009 and a 5.5% month-over-month increase, 1-bedroom apartments in North Loop / Warehouse District (55401) declined -1.32% during the same period, trailing condos by $138. This highlights contrasting rent movements within the segment."
    },
    {
      "headline": "3BR single-family homes climb 3.61% YoY",
      "body": "The data show North Loop / Warehouse District (55401) rental trends indicate 3-bedroom single-family homes achieved a median rent of $2,752, reflecting a 3.61% year-over-year increase. This segment’s annual growth was less pronounced than the gains seen in apartments or condos/townhomes."
    }
  ],
  "summary": {
    "canonical": [
      "As of April 2026, rental prices in North Loop / Warehouse District, MN range from $1,700 to $3,010 per month depending on property type and bedroom count.",
      "The largest year-over-year increase occurred in 2BR condo/townhome units, which rose 12.76%.",
      "For 2BR units, condos/townhomes have a median rent of $2,719 while apartments are at $2,552."
    ],
    "qa": [
      {
        "question": "What is the rental price range in North Loop / Warehouse District, MN as of April 2026?",
        "answer": "As of April 2026, rents in North Loop / Warehouse District, MN span from $1,700 per month for a 1BR single-family home to $3,010 per month for a 4BR single-family residence."
      },
      {
        "question": "Which segment saw the sharpest month-over-month change in North Loop / Warehouse District, MN in April 2026?",
        "answer": "The largest month-over-month increase was for 2BR condo/townhomes, which rose 9.77% in April 2026."
      },
      {
        "question": "Are rents generally rising, falling, or mixed across property types in North Loop / Warehouse District, MN?",
        "answer": "Rents are mostly rising across segments, with all bedroom/property types showing positive month-over-month changes except for 1BR apartments (-1.32%), 4BR apartments (-0.03%), and 3BR condo/townhomes (-0.04%)."
      },
      {
        "question": "Which segment led annual growth in North Loop / Warehouse District, MN, and is the gain broad or concentrated?",
        "answer": "2BR condo/townhomes experienced the biggest annual increase at 12.76% year-over-year, and condos/townhomes performed strongly across other bedrooms as well, with 1BR up 10.06% YoY and overall positive growth in every category."
      }
    ]
  },
  "history": [
    {
      "yearmonth": "202604",
      "month_label": "April 2026",
      "rents": {
        "apartment": {
          "1br": 1871,
          "2br": 2552,
          "3br": 2600,
          "4br": 2894
        },
        "condo_townhome": {
          "1br": 2009,
          "2br": 2719,
          "3br": 2614,
          "4br": 2939
        },
        "single_family": {
          "1br": 1700,
          "2br": 2018,
          "3br": 2752,
          "4br": 3010
        }
      }
    },
    {
      "yearmonth": "202603",
      "month_label": "March 2026",
      "rents": {
        "apartment": {
          "1br": 1896,
          "2br": 2501,
          "3br": 2578,
          "4br": 2895
        },
        "condo_townhome": {
          "1br": 1904,
          "2br": 2477,
          "3br": 2615,
          "4br": 2933
        },
        "single_family": {
          "1br": 1690,
          "2br": 2006,
          "3br": 2745,
          "4br": 3007
        }
      }
    },
    {
      "yearmonth": "202602",
      "month_label": "February 2026",
      "rents": {
        "apartment": {
          "1br": 1872,
          "2br": 2501,
          "3br": 2582,
          "4br": 2922
        },
        "condo_townhome": {
          "1br": 1878,
          "2br": 2409,
          "3br": 2627,
          "4br": 2948
        },
        "single_family": {
          "1br": 1688,
          "2br": 2011,
          "3br": 2758,
          "4br": 3026
        }
      }
    },
    {
      "yearmonth": "202601",
      "month_label": "January 2026",
      "rents": {
        "apartment": {
          "1br": 1858,
          "2br": 2507,
          "3br": 2591,
          "4br": 2949
        },
        "condo_townhome": {
          "1br": 1871,
          "2br": 2447,
          "3br": 2642,
          "4br": 2973
        },
        "single_family": {
          "1br": 1686,
          "2br": 2016,
          "3br": 2775,
          "4br": 3053
        }
      }
    },
    {
      "yearmonth": "202512",
      "month_label": "December 2025",
      "rents": {
        "apartment": {
          "1br": 1833,
          "2br": 2507,
          "3br": 2606,
          "4br": 2970
        },
        "condo_townhome": {
          "1br": 1875,
          "2br": 2491,
          "3br": 2666,
          "4br": 3000
        },
        "single_family": {
          "1br": 1694,
          "2br": 2031,
          "3br": 2801,
          "4br": 3082
        }
      }
    },
    {
      "yearmonth": "202511",
      "month_label": "November 2025",
      "rents": {
        "apartment": {
          "1br": 1806,
          "2br": 2470,
          "3br": 2612,
          "4br": 2974
        },
        "condo_townhome": {
          "1br": 1858,
          "2br": 2495,
          "3br": 2640,
          "4br": 3016
        },
        "single_family": {
          "1br": 1701,
          "2br": 2038,
          "3br": 2817,
          "4br": 3100
        }
      }
    },
    {
      "yearmonth": "202510",
      "month_label": "October 2025",
      "rents": {
        "apartment": {
          "1br": 1810,
          "2br": 2474,
          "3br": 2602,
          "4br": 2958
        },
        "condo_townhome": {
          "1br": 1841,
          "2br": 2495,
          "3br": 2666,
          "4br": 3017
        },
        "single_family": {
          "1br": 1698,
          "2br": 2025,
          "3br": 2816,
          "4br": 3101
        }
      }
    },
    {
      "yearmonth": "202509",
      "month_label": "September 2025",
      "rents": {
        "apartment": {
          "1br": 1841,
          "2br": 2435,
          "3br": 2582,
          "4br": 2935
        },
        "condo_townhome": {
          "1br": 1827,
          "2br": 2478,
          "3br": 2676,
          "4br": 3007
        },
        "single_family": {
          "1br": 1688,
          "2br": 2017,
          "3br": 2805,
          "4br": 3091
        }
      }
    },
    {
      "yearmonth": "202508",
      "month_label": "August 2025",
      "rents": {
        "apartment": {
          "1br": 1841,
          "2br": 2470,
          "3br": 2553,
          "4br": 2906
        },
        "condo_townhome": {
          "1br": 1832,
          "2br": 2442,
          "3br": 2649,
          "4br": 2988
        },
        "single_family": {
          "1br": 1674,
          "2br": 2005,
          "3br": 2788,
          "4br": 3074
        }
      }
    },
    {
      "yearmonth": "202507",
      "month_label": "July 2025",
      "rents": {
        "apartment": {
          "1br": 1829,
          "2br": 2467,
          "3br": 2512,
          "4br": 2877
        },
        "condo_townhome": {
          "1br": 1825,
          "2br": 2489,
          "3br": 2660,
          "4br": 2959
        },
        "single_family": {
          "1br": 1660,
          "2br": 1984,
          "3br": 2760,
          "4br": 3045
        }
      }
    },
    {
      "yearmonth": "202506",
      "month_label": "June 2025",
      "rents": {
        "apartment": {
          "1br": 1811,
          "2br": 2441,
          "3br": 2474,
          "4br": 2853
        },
        "condo_townhome": {
          "1br": 1843,
          "2br": 2438,
          "3br": 2626,
          "4br": 2927
        },
        "single_family": {
          "1br": 1641,
          "2br": 1959,
          "3br": 2725,
          "4br": 3008
        }
      }
    },
    {
      "yearmonth": "202505",
      "month_label": "May 2025",
      "rents": {
        "apartment": {
          "1br": 1790,
          "2br": 2395,
          "3br": 2436,
          "4br": 2828
        },
        "condo_townhome": {
          "1br": 1828,
          "2br": 2425,
          "3br": 2586,
          "4br": 2890
        },
        "single_family": {
          "1br": 1617,
          "2br": 1931,
          "3br": 2683,
          "4br": 2963
        }
      }
    }
  ],
  "links": {
    "data_page": "https://data.estaite.com/submarkets/north-loop-warehouse-district-mn/",
    "self": "https://data.estaite.com/feeds/north-loop-warehouse-district-mn.json"
  },
  "license": "CC BY 4.0",
  "license_url": "https://creativecommons.org/licenses/by/4.0/",
  "attribution": "Data provided by Estaite (https://estaite.com)"
}