Twin Cities suburbs face fierce apartment competition
A RentCafe report cited by the Twin Cities Business Journal on Oct. 2, 2025, shows rental demand in Twin Cities suburbs has surged, with about 12 prospective renters competing for each apartment that hits the market—up from 10 a year earlier—outpacing competition in many large U.S. markets. The increase signals tightening supply and growing pressure on affordability for metro-area renters across the Minneapolis–Saint Paul suburbs.
Housing
Business & Economy
🔍 Key Facts
- RentCafe data: 12 people are competing for each suburban apartment in the Twin Cities metro (as reported Oct. 2, 2025).
- Year-over-year change: competition rose from 10 people per available unit a year earlier to 12 now.
- Context: BizJournals notes the suburbs’ competition rate outpaces many major markets, including some tech hubs.