Duluth, MN has a population of 86,066, while the median age is 34. The household income in Duluth, MN is around $47,227. The homeownership rate among the residents is 60%. The median residential property value in Duluth, MN that you should keep in mind is $152,300.
Population | 86,066 |
Median Age | 33.8 |
Poverty Rate | 20% |
Household Income | $47,227 |
Number Of Employees | 45,368 |
Median Property Value | $152,300 |
Rent Price |
May | vs Last Month |
---|---|---|
Studio apartments | $5,615 | +5% |
1-bed apartments | $1,100 | -75.8% |
2-bed apartments | $4,713 | -32.4% |
3-bed apartments | $11,310 | +11.2% |
4+ bed apartments | $5,637 | -62.2% |
Over the May 2023, the average rent for an apartment in/near Duluth, MN decreased by 46.8% to $4,506.
Compared to the last month, the average price for a rental studio in Duluth, MN has increased by 5%. You can expect to rent the studio for $5,615 on average this month. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 75.8% to $1,100. Pricing for 2-bed apartment also decreased by 32.4% and a place of this size will now cost you $4,713. 3-bed apartment rent pricing starts at $11,310, it increased by 11.2% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 62.2% and made it down to $5,637.
Rent Type Price |
May | vs Last Month |
---|---|---|
Houses for rent | $5,268 | -39.7% |
Condos for rent | $3,750 | -68.5% |
Apartments for rent | $5,516 | -12.9% |
Rooms for rent | $620 | +3.3% |
The median rent for an apartment in Duluth, MN decreased by 12.9% to $5,516. Statistics show that house rent price decreased by 39.7% this month making it up to $5,268. Condos faced an upward trend these days. The median rent for a condo decreased by 68.5%, it’s now available for $3,750. An average room will now go for $620, the median rent price for a room increased by 3.3%. Townhouse rent pricing didn’t change, the price still starts at $10,492.