The pace of rent hikes for apartments in Minneapolis or St. Paul slowed over the past year, according to a report released Friday, but rents are still rising faster here than in many other large metro areas.
Median rent was $1,695 in Minneapolis and St. Paul in the first quarter of the year, a 3.6 percent increase over the first quarter of 2018, reported San Francisco-based HotPads, an apartment and home listings site owned by Zillow. The U.S. median rent was $1,530, up 3.1 percent from the first…
