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Nearly one in 20. That’s the number of single-family rental homes in the Twin Cities metro now owned by a private investor.

 comes from the Federal Reserve Bank of Minneapolis, which has been tracking investor ownership from 2006 to 2024.  

It’s one marker of a changing real estate market amid ongoing conversations about housing affordability and ownership possibilities. The Minneapolis Fed will host an event Thursday morning where it will share more about the data.  

MPR News host Nina Moini talked with Ben Horowitz, one of the presenters and part of the team behind the project. 

Use the audio player above to listen to the full conversation.

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Nearly one in 20 single-family rental homes in the Twin Cities metro is now owned by a private investor. It’s one marker of a changing real estate market amid ongoing conversations about housing affordability and ownership possibilities. 

Nearly one in twenty single-family rental homes in the Twin Cities metro are now owned by a private investor. It’s one marker of a changing real estate market amid ongoing conversations about housing affordability and ownership possibilities. 

Data shows rise in investors buying Twin Cities rental homes in last 20 years

A "Now Renting" sign stands in front of a bush.

Data shows rise in investors buying Twin Cities rental homes in last 20 years

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