Laserfiche WebLink
<br /> <br /> <br />Hillside Heights Apartments, Elk River, Minnesota <br /> <br />Market Analyst Professionals, LLC 28 April 24, 2020 <br />Between 2000 and 2010 renter penetration rates increased in the PMA relative to an increase in the <br />county and increase in the state over this period. Increases over this period are consistent with the <br />financial crisis of 2008 and lasting impacts on home ownership. Among all submarkets renter penetration <br />is highest within the city at 19.8 percent relative to the lowest rate in the PMA at 12.9 percent and an <br />overall rate of 27 percent in the state. Between 2010 and 2025 ESRI forecasts renter households will <br />increase in the PMA despite with a decrease in the renter penetration rate over this period and relative to <br />an increase in overall households. <br />