Trend of Rental Yield in Steele County, Minnesota

Gavop is a real estate, housing & local data & analytics service. We get data from public sources such as the census bureau & private databases. Our data can be used by real estate and organizations to get further insights into local market dynamics. We analyzed rental yield trends from 2009 and 2015 for all counties in the U.S. Rental yields are impacted by factors such as home location, home facilities, employment opportunities, strata levies, and council rates

The key elements in the research are

  1. Median Gross Rent
  2. Median Home Value

 

Our key findings

CountySteele County
Population 201536,523
Population 200936,273
Population % change0.7
Population change rank compared to US1,924
Population change rank compared to Minnesota46
Median Gross Rent 2015731
Median Gross Rent 2009658
Median Gross Rent % change11.1
Median Gross Rent change rank compared to US2,082
Median Gross Rent change rank compared to Minnesota58
Home Value 2015150,500
Home Value 2009156,000
Home Value % change-3.5
Home Value change rank compared to US2,507
Home Value change rank compared to Minnesota60
Rental Yield 20155.8
Rental Yield 20095.1
Rental Yield % change15.2
Rental Yield change rank compared to US930
Rental Yield change rank compared to Minnesota40