In 2019, HousingLink and The McKnight Foundation
and a team of community advisors worked with the University of Minnesota's Carlson Analytics Lab
to develop a predictive rent tool based on historic rent value and socioeconomic data in the Twin Cities.
In 2020, The Metropolitan Council built upon that original project to create Twin Cities Rent Trends
, an interactive tool that visualizes rent and vacancy trends for cities, townships, and neighborhoods in the Twin Cities region. The new tool currently uses data from Zillow, CoStar, and HousingLink's Twin Cities Rental Revue
to observe absolute rent price, rents adjusted for inflation, and year-over-year percent change, along with rent forecasts for the region.