Roundhouse buys 158-unit North Loop apartments

Twin Cities multifamily rents are projected to grow 3.2% by the end of 2024, driven by low supply and strong demand. ([Finance & Commerce](https://finance-commerce.com/2025/11/twin-cities-multifamily-rent-growth-2024-michel-commercial/)) ([Finance & Commerce](https://finance-commerce.com/2025/11/twin-cities-multifamily-rent-growth-2024-michel-commercial/)) ([Finance & Commerce](https://finance-commerce.com/2025/11/twin-cities-multifamily-rent-growth-2024-michel-commercial/)) ([Finance & Commerce](https://finance-commerce.com/2025/11/twin-cities-multifamily-rent-growth-2024-michel-commercial/)) ([Finance & Commerce](https://finance-commerce.com/2025/11/twin-cities-multifamily-rent-growth-2024-michel-commercial/)) ([Finance & Commerce](https://finance-commerce.com/2025/11/twin-cities-multifamily-rent-growth-2024-michel-commercial/)) ([Finance & Commerce](https://finance-commerce.com/2025/11/twin-cities-multifamily-rent-growth-2024-michel-commercial/)) ([Finance & Commerce](https://finance-commerce.com/2025/11/twin-cities-multifamily-rent-growth-2024-michel-commercial/)) ([Finance & Commerce](https://finance-commerce.com/2025/11/twin-cities-multifamily-rent-growth-2024-michel-commercial/)) ([Finance & Commerce](https://finance-commerce.com/2025/11/twin-cities-multifamily-rent-growth-2024-michel-commercial/))

Twin Cities rent growth projected to reach 3.2% amid slowdown — Finance & Commerce

From 2019 to 2023, Minneapolis median rent rose 25.7% to $1,343, which was 3.2 percentage points less than the increase in a comparison group of similar cities. ([Federal Reserve Bank of Minneapolis](https://www.minneapolisfed.org/article/2025/unpacking-supply-and-demand-in-rent-trends-since-the-minneapolis-2040-plan)) ([Federal Reserve Bank of Minneapolis](https://www.minneapolisfed.org/article/2025/unpacking-supply-and-demand-in-rent-trends-since-the-minneapolis-2040-plan)) ([Federal Reserve Bank of Minneapolis](https://www.minneapolisfed.org/article/2025/unpacking-supply-and-demand-in-rent-trends-since-the-minneapolis-2040-plan)) ([Federal Reserve Bank of Minneapolis](https://www.minneapolisfed.org/article/2025/unpacking-supply-and-demand-in-rent-trends-since-the-minneapolis-2040-plan)) ([Federal Reserve Bank of Minneapolis](https://www.minneapolisfed.org/article/2025/unpacking-supply-and-demand-in-rent-trends-since-the-minneapolis-2040-plan)) ([Federal Reserve Bank of Minneapolis](https://www.minneapolisfed.org/article/2025/unpacking-supply-and-demand-in-rent-trends-since-the-minneapolis-2040-plan)) ([Federal Reserve Bank of Minneapolis](https://www.minneapolisfed.org/article/2025/unpacking-supply-and-demand-in-rent-trends-since-the-minneapolis-2040-plan)) ([Federal Reserve Bank of Minneapolis](https://www.minneapolisfed.org/article/2025/unpacking-supply-and-demand-in-rent-trends-since-the-minneapolis-2040-plan)) ([Federal Reserve Bank of Minneapolis](https://www.minneapolisfed.org/article/2025/unpacking-supply-and-demand-in-rent-trends-since-the-minneapolis-2040-plan)) ([Federal Reserve Bank of Minneapolis](https://www.minneapolisfed.org/article/2025/unpacking-supply-and-demand-in-rent-trends-since-the-minneapolis-2040-plan))

Unpacking supply and demand in rent trends since the Minneapolis 2040 Plan — Federal Reserve Bank of Minneapolis

In Minnesota, the homeownership rate for White Minnesotans is 77%, compared to 29% for Black Minnesotans. ([Minnesota Spokesman-Recorder](https://spokesman-recorder.com/2025/03/07/racial-disparities-homeownership/)) ([Minnesota Spokesman-Recorder](https://spokesman-recorder.com/2025/03/07/racial-disparities-homeownership/)) ([Minnesota Spokesman-Recorder](https://spokesman-recorder.com/2025/03/07/racial-disparities-homeownership/)) ([Minnesota Spokesman-Recorder](https://spokesman-recorder.com/2025/03/07/racial-disparities-homeownership/)) ([Minnesota Spokesman-Recorder](https://spokesman-recorder.com/2025/03/07/racial-disparities-homeownership/)) ([Minnesota Spokesman-Recorder](https://spokesman-recorder.com/2025/03/07/racial-disparities-homeownership/)) ([Minnesota Spokesman-Recorder](https://spokesman-recorder.com/2025/03/07/racial-disparities-homeownership/)) ([Minnesota Spokesman-Recorder](https://spokesman-recorder.com/2025/03/07/racial-disparities-homeownership/)) ([Minnesota Spokesman-Recorder](https://spokesman-recorder.com/2025/03/07/racial-disparities-homeownership/)) ([Minnesota Spokesman-Recorder](https://spokesman-recorder.com/2025/03/07/racial-disparities-homeownership/))

Racial disparities in Minnesota: The path to equitable homeownership — Minnesota Spokesman-Recorder

Over 50% of Black households in Minneapolis are housing cost-burdened, compared to approximately 33% of White households. ([Minneapolis 2040](https://minneapolis2040.com/goals/eliminate-disparities/)) ([Minneapolis 2040](https://minneapolis2040.com/goals/eliminate-disparities/)) ([Minneapolis 2040](https://minneapolis2040.com/goals/eliminate-disparities/)) ([Minneapolis 2040](https://minneapolis2040.com/goals/eliminate-disparities/)) ([Minneapolis 2040](https://minneapolis2040.com/goals/eliminate-disparities/)) ([Minneapolis 2040](https://minneapolis2040.com/goals/eliminate-disparities/)) ([Minneapolis 2040](https://minneapolis2040.com/goals/eliminate-disparities/)) ([Minneapolis 2040](https://minneapolis2040.com/goals/eliminate-disparities/)) ([Minneapolis 2040](https://minneapolis2040.com/goals/eliminate-disparities/)) ([Minneapolis 2040](https://minneapolis2040.com/goals/eliminate-disparities/))

Eliminate disparities — Minneapolis 2040

The median household income for Black residents in Minneapolis is $20,871, compared to $65,000 for White non-Hispanic residents. ([Minneapolis 2040](https://minneapolis2040.com/goals/eliminate-disparities/)) ([Minneapolis 2040](https://minneapolis2040.com/goals/eliminate-disparities/)) ([Minneapolis 2040](https://minneapolis2040.com/goals/eliminate-disparities/)) ([Minneapolis 2040](https://minneapolis2040.com/goals/eliminate-disparities/)) ([Minneapolis 2040](https://minneapolis2040.com/goals/eliminate-disparities/)) ([Minneapolis 2040](https://minneapolis2040.com/goals/eliminate-disparities/)) ([Minneapolis 2040](https://minneapolis2040.com/goals/eliminate-disparities/)) ([Minneapolis 2040](https://minneapolis2040.com/goals/eliminate-disparities/)) ([Minneapolis 2040](https://minneapolis2040.com/goals/eliminate-disparities/)) ([Minneapolis 2040](https://minneapolis2040.com/goals/eliminate-disparities/))

Eliminate disparities — Minneapolis 2040