A free resource by NextGen Coastal — monthly OC rental market intelligence

Comparing Rochester vs Shakopee vs Ramsey vs Edina

Live from the NGP-Rental-Data warehouse. Pick 2 to 4 cities and see them side by side.

Cities to compare (2 to 4)

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Headline numbers

Rochester

MN

$1,660

YoY change
+2.1%
Vacancy
7.1%
2-BR rent
Cap rate
Renter share
34.9%

Shakopee

MN

$1,682

YoY change
+4.0%
Vacancy
5.9%
2-BR rent
Cap rate
Renter share
25.2%

Ramsey

MN

$1,857

YoY change
+6.4%
Vacancy
4.9%
2-BR rent
Cap rate
Renter share
15.0%

Edina

MN

$1,987

YoY change
+2.7%
Vacancy
6.8%
2-BR rent
Cap rate
Renter share
27.6%

All values from the NGP-Rental-Data warehouse. Updated March 2026. See methodology.

Rent index — overlaid, last 5 years

ZORI rent index — Rochester vs Shakopee vs Ramsey vs Edina

Monthly Zillow ZORI rent index. Data updates monthly. Source: methodology.

Demographics & income

Metric RochesterShakopeeRamseyEdina
Median household income $89,389$107,223$116,415$128,767
Median age 36.336.636.944.9
Renter household share 34.9%25.2%15.0%27.6%
YoY rent change +2.1%+4.0%+6.4%+2.7%
Cap rate (overall)
$/unit (MFR)

Demographics: Census ACS5 2019-2024. Rent & cap rate: NGP-Rental-Data warehouse (see methodology). Cells marked "—" mean the metric isn't available for that geography in any free public source we ingest.