What is the rental vacancy rate in Spring Park, MN?
The rental vacancy rate in Spring Park, MN is 4.0% (±4.0 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.0% (±6.7 points).
103 (±56) homes, 7.7% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Spring Park, the rental vacancy rate went from 2.4% in 2015–2019 to 4.0% in 2020–2024 (+1.6 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 4.0% (±4.0 points)
- Homeowner vacancy rate
- 0.0% (±6.7 points)
- Vacant homes
- 103 (±56)
Vacancy in Spring Park against Hennepin County, its state and the nation
| Spring Park | Hennepin County | Minnesota | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 4.0% (±4.0 points) | 5.9% (±0.5 points) | 5.3% (±0.3 points) | 5.5% |
| Homeowner vacancy rate | 0.0% (±6.7 points) | 0.6% (±0.1 points) | 0.6% (±0.1 points) | 0.9% |
| Vacant housing units | 103 (±56) | 32,034 (±1,888) | 237,075 (±4,795) | 14,547,859 |
The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.
In Spring Park, the rental vacancy rate is not measurably different from Hennepin County (5.9%).
It is not measurably different from Minnesota (5.3%).
It is not measurably different from the national figure (5.5%).
Rental vacancy rate in places near Spring Park
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Spring Park | — | 4.0% (±4.0 points) | — |
| Mound | 1.4 mi | 6.1% (±6.4 points) | Not measurably different |
| Village of Minnetonka Beach | 2.1 mi | 0.0% (±100.0 points) | Not measurably different |
| Tonka Bay | 2.6 mi | 0.0% (±18.8 points) | Not measurably different |
| Orono | 2.7 mi | 0.0% (±7.7 points) | Not measurably different |
| Shorewood | 2.9 mi | 3.8% (±6.1 points) | Not measurably different |
| Excelsior | 3.9 mi | 0.0% (±3.4 points) | Not measurably different |
| Minnetrista | 4.0 mi | 0.0% (±28.5 points) | Not measurably different |
| Greenwood | 4.0 mi | 0.0% (±43.6 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Hennepin County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 12 (tie) | Minnetonka | 5.6% (±2.6 points) |
| 14 | New Hope | 5.4% (±2.4 points) |
| 15 | Bloomington | 5.2% (±1.8 points) |
| 16 (tie) | Brooklyn Center | 5.1% (±3.2 points) |
| 16 (tie) | Plymouth | 5.1% (±2.2 points) |
| 18 (tie) | Brooklyn Park | 4.0% (±2.6 points) |
| 18 (tie) | Spring Park | 4.0% (±4.0 points) |
| 20 (tie) | Richfield | 3.8% (±2.3 points) |
| 20 (tie) | Shorewood | 3.8% (±6.1 points) |
| 22 | Hopkins | 3.1% (±2.4 points) |
| 23 | Robbinsdale | 2.8% (±3.0 points) |
| 24 (tie) | Maple Grove | 2.4% (±2.0 points) |
| 24 (tie) | Osseo | 2.4% (±3.8 points) |
Showing 13 of 42 places in Hennepin County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Spring Park
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Spring Park, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Spring Park beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Spring Park, and send estimates and invoices from your phone.
Questions about Spring Park
Is it hard to find a rental in Spring Park?
The rental vacancy rate in Spring Park, MN is 4.0% (±4.0 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.
Is the rental market in Spring Park tighter than it was?
In Spring Park, the rental vacancy rate went from 2.4% in 2015–2019 to 4.0% in 2020–2024 (+1.6 percentage points), not a measurable change.
How many homes are vacant in Spring Park?
An estimated 103 (±56) housing units, 7.7% of the total, including seasonal homes and homes waiting to be sold or rented.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Spring Park city, Minnesota
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Spring Park city, Minnesota
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Spring Park city, Minnesota (place:62014, in state:27).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Spring Park at a glance
- Median rent in Spring Park
- Rent by bedrooms in Spring Park
- Rent burden in Spring Park
- Renters and owners in Spring Park
- Income and affordability in Spring Park
- Home values in Spring Park
- Homeowner costs in Spring Park
- Types of homes in Spring Park
- Bedrooms in Spring Park
- Age of homes in Spring Park
- Heating fuel in Spring Park
- Commute and cars in Spring Park
- Population growth in Spring Park
- How long people stay in Spring Park
- Minnesota landlord and tenant rules
- Housing across Hennepin County
- Minnesota places ranked by rental vacancy rate
- Housing data for every place in Minnesota