Research Archive

 

Twin Cities Rent Trends

In 2019, HousingLink and The McKnight Foundation and a team of community advisors worked with the University of Minnesota's Carlson Analytics Lab to develop a predictive rent tool based on historic rent value and socioeconomic data in the Twin Cities.

In 2020, The Metropolitan Council built upon that original project to create Twin Cities Rent Trends, an interactive tool that visualizes rent and vacancy trends for cities, townships, and neighborhoods in the Twin Cities region. The new tool currently uses data from Zillow, CoStar, and HousingLink's Twin Cities Rental Revue to observe absolute rent price, rents adjusted for inflation, and year-over-year percent change, along with rent forecasts for the region. 

Foreclosure Research

From 2005-2013, HousingLink was engaged in tracking foreclosures in Minnesota at the county level for the MN Foreclosure Partners Council.

Foreclosures in MN Series

2013 Annual Foreclosures in MN
Released: February 2014
There were 11,834 foreclosures in Minnesota in 2013. This number is a 34 percent decrease from 2012, with the relief beling relatively balanced between the Twin Cities metro area and Greater MN....

2013 Semi Annual Foreclosures in MN
Released: August 2013
There were 6,795 foreclosures in Minnesota in the first two quarters of 2013. This number is 29 percent less than in the same period of 2012, with a greater decline seen in the Twin Cities metro area than in Greater MN....

2012 Annual Foreclosures in Minnesota
2011 Annual Foreclosures in Minnesota
2010 Annual Foreclosures in Minnesota
2009 Annual Foreclosures in Minnesota
2008 Annual Foreclosures in Minnesota

From 2005-2013, HousingLink was commissioned to complete the Foreclosures in MN report series by  The Minnesota Home Ownership CenterGreater Minnesota Housing FundMinnesota Housing, and Family Housing Fund.This quarterly tracking and reporting on MN foreclosures by county became a critical resource for demonstrating foreclosure impact and helped leverage millions of dollars of federal and state recovery aid to the hardest hit areas. As of 2014, MN Homeownership Center assumed responsibility for tracking foreclosures. View their ongoing work here

Other Foreclosure Research

Foreclosure Recovery Progress Report Through 2012
Released: February 2013
Thanks to support from Family Housing Fund and Twin Cities Local Support Initiatives Corporation (Twin Cities LISC), HousingLink tracked foreclosure recovery efforts of the Minnesota Foreclosure Partners Council (MFPC) over a period of five years, via a series of semi-annual reports. This report, through the end of 2012, concludes the series. The MFPC is a collaborative effort by local government agencies andnonprofits to address the foreclosure crisis in Minnesota.  In the Fall of 2010, HousingLink's quantitative measurement of three goals was adopted into the MFPC's Coordinated Plan to Address Foreclosures.

Geographic Distribution of MN Foreclosures 2007-2011
Released: July 2011
HousingLink has been tracking Minnesota foreclosures at the county level since 2005 with nearly comprehensive statewide coverage since 2007. Over that time, we’ve seen the foreclosure crisis move from one largely based on mortgage products to one that is based on the economy (e.g. unemployment or under-employment). How might that transition affect Greater MN, relative to the Twin Cities 7-county metro area? We explored that issue by dividing all MN counties into quartiles, according to their rate of foreclosure, then comparing how that distribution shifts, over time. The resulting maps seem to indicate that that the crisis, which hit our urban communities particularly hard early on, has spread to other areas throughout the state. HousingLink is able to continue its efforts in tracking this critical measurement due to funding by the Minnesota Foreclosure Partners Council and cooperation by county sheriff departments.

Locational Efficiency (2012)
Mapping and analysis of Twin Cities Metro transit corridor future buildout using HousingLink's rental market data overlaid with data from the Center for Neighborhood Technology's Housing + Transportation (H+T) Index.

hSum (2009)
The last in a series of annual reports designed to represent a "whole" picture of subsidized rental, including both unit-based (subsidy stays with the property) and voucher-based (subsidy stays with the person) housing.

Accessibility Report (2005)
Commissioned by the Fair Housing Implementation Council.

Condo Conversion Report (2005)
Commissioned by the Housing Preservation Project.

Tenant Screening Report (2004)
Commissioned by the Fair Housing Implementation Council.

Locational Efficiency

Released: June 2012

HousingLink has created a series of baseline snapshots for each of five future transit corridors in the Corridors of Opportunity initiative, analyzing affordable rental housing within the context of the combined costs of housing and transportation. The work is intended to explore how well rental housing in communities along the corridors are situated with respect to locational efficiency, and also to highlight potential locationally-efficient "opportunity areas" for future development.

The maps and analysis are based on private market housing data from our own Twin Cities Rental Revue report and publicly-assisted housing data from our Streams database, as well as data from the Center for Neighborhood Technology's Housing + Transportation (H+T) Index. Funding for the work was provided by The McKnight Foundation.

Locational Efficiency Map Sets:
Central Corridor (Green Line)
Bottineau Corridor
Gateway Corridor
Cedar Avenue BRT (Red Line)
Southwest Corridor
Locational Efficiency - terms and definitions

hSum

Released: December 2010

HousingLink is pleased to announce the 2009 hSum Report: the latest in a series of yearly reports providing a comprehensive count of the previous year's tenant- and unit-based rental assistance, summarized by geography. In this year's report, we find the following things:

  • There were 80,178 subsidized housing opportunities, both unit- and tenant-based, in the Twin Cities metro area in 2009.
  • 50,103 of those opportunities were targeted for households making less than 30% of the area median income (AMI).
  • By contrast, there were 151,788 metro households making less than 30% of the AMI in 2009.

Subsidized rental opportunities exist for 33% of Twin Cities households that make less than 30% of the area median income.  This 67% represents the "Opportunity Gap," of gap between supply and demand of housing targeted to households making less than 30% of the AMI.

For more information, see the entire report here.

hSum is a joint project of the Interagency Stabilization Group (a multi-jurisdiction group of affordable housing funders) and HousingLink.


Questions about the data?

Dan Hylton
Research Manager
HousingLink
dhylton@housinglink.org

Media Inquiries

Sue Speakman-Gomez
President
HousingLink
sgomez@housinglink.org

Other Data & Research

Learn more about HousingLink Research and Data products and resources here.