Zip codes with the most expensive rent in Minneapolis

Written by:
March 11, 2021
realtor.com

Zip codes with the most expensive rent in Minneapolis

In response to the coronavirus pandemic, the Census Bureau in April 2020 launched a Household Pulse Survey providing weekly updates on how individuals and families have been affected during the pandemic. Data show ongoing difficulties in finding work, affording food, and paying the rent. Meanwhile, the pandemic has created a “seesaw effect” on rent, with rental rates in the most expensive U.S. cities dropping while rental rates have gone up in historically less expensive areas.

Stacker compiled a list of zip codes with the most expensive rent in Minneapolis using data from Zillow. Cities are ranked by the Zillow Observed Rent Index as of January 2021. Listings and images are from realtor.com. Keep reading to see whether your zip code made the list.

Zip codes with the most expensive rent in Minneapolis

In response to the coronavirus pandemic, the Census Bureau in April 2020 launched a Household Pulse Survey providing weekly updates on how individuals and families have been affected during the pandemic. Data show ongoing difficulties in finding work, affording food, and paying the rent. Meanwhile, the pandemic has created a “seesaw effect” on rent, with rental rates in the most expensive U.S. cities dropping while rental rates have gone up in historically less expensive areas.

Stacker compiled a list of zip codes with the most expensive rent in Minneapolis using data from Zillow. Cities are ranked by the Zillow Observed Rent Index as of January 2021. Listings and images are from realtor.com. Keep reading to see whether your zip code made the list.

#30. 55421 (Minneapolis)

- Typical rent: $1,270
--- 19.1% less than typical rent in metro
- 1 year rent change: +2.6%
--- #16 fastest growing rent among zip codes in metro
- 10 year rent change: +29.2%

- Pictured (for rent): 1206-1208 Circle Terrace Blvd NE, Columbia Heights 55421 ($1,650, 3 bedrooms)

#29. 55423 (Minneapolis)

- Typical rent: $1,278
--- 18.6% less than typical rent in metro
- 1 year rent change: -0.6%
--- #10 fastest falling rent among zip codes in metro
- 10 year rent change: +18.4%

- Pictured (for rent): 7209 Oliver Ave S, Richfield 55423 ($2,599, 4 bedrooms)

#28. 55117 (Saint Paul)

- Typical rent: $1,356
--- 13.6% less than typical rent in metro
- 1 year rent change: +3.1%
--- #13 fastest growing rent among zip codes in metro
- 10 year rent change: +25.2%

- Pictured (for rent): 1610 Albemarle St Apt 103, Saint Paul 55117 ($995, 1 bedrooms)

#27. 55403 (Minneapolis)

- Typical rent: $1,357
--- 13.6% less than typical rent in metro
- 1 year rent change: -8.1%
--- #3 fastest falling rent among zip codes in metro
- 10 year rent change: +1.2%

- Pictured (for rent): 201 S 11th St Unit 1820, Minneapolis 55403 ($4,800, 2 bedrooms)

#26. 55337 (Burnsville)

- Typical rent: $1,376
--- 12.4% less than typical rent in metro
- 1 year rent change: +2.8%
--- #15 fastest growing rent among zip codes in metro
- 10 year rent change: +22.5%

- Pictured (for sale): 1200 Vista Dr, Burnsville 55337 ($299,900, 5 bedrooms)

#25. 55122 (Saint Paul)

- Typical rent: $1,439
--- 8.3% less than typical rent in metro
- 1 year rent change: +2.9%
--- #14 fastest growing rent among zip codes in metro
- 10 year rent change: +23.1%

- Pictured (for rent): 1995 Zircon Ln, Eagan 55122 ($1,899, 3 bedrooms)

#24. 55418 (Minneapolis)

- Typical rent: $1,443
--- 8.1% less than typical rent in metro
- 1 year rent change: +3.4%
--- #12 fastest growing rent among zip codes in metro
- 10 year rent change: +29.0%

- Pictured (for rent): 2206 Arthur St NE Unit 1, Minneapolis 55418 ($2,400, 4 bedrooms)

#23. 55105 (Saint Paul)

- Typical rent: $1,475
--- 6.1% less than typical rent in metro
- 1 year rent change: -0.6%
--- #11 fastest falling rent among zip codes in metro
- 10 year rent change: +18.7%

- Pictured (for rent): 2012 St Clair Ave, Saint Paul 55105 ($3,900, 6 bedrooms)

#22. 55408 (Minneapolis)

- Typical rent: $1,482
--- 5.6% less than typical rent in metro
- 1 year rent change: -3.1%
--- #5 fastest falling rent among zip codes in metro
- 10 year rent change: +11.7%

- Pictured (for rent): 3014 Emerson Ave S, Minneapolis 55408 ($3,600, 3 bedrooms)

#21. 55422 (Minneapolis)

- Typical rent: $1,490
--- 5.1% less than typical rent in metro
- 1 year rent change: +3.7%
--- #11 fastest growing rent among zip codes in metro
- 10 year rent change: +28.0%

- Pictured (for rent): 3537 Lee Ave N, Minneapolis 55422 ($2,000, 4 bedrooms)

#20. 55404 (Minneapolis)

- Typical rent: $1,503
--- 4.3% less than typical rent in metro
- 1 year rent change: -3.5%
--- #4 fastest falling rent among zip codes in metro
- 10 year rent change: +4.0%

- Pictured (for rent): 1030 Portland Ave S, Minneapolis 55404 ($3,895, 3 bedrooms)

#19. 55412 (Minneapolis)

- Typical rent: $1,506
--- 4.1% less than typical rent in metro
- 1 year rent change: +0.1%
--- #21 fastest growing rent among zip codes in metro
- 10 year rent change: +16.8%

- Pictured (for rent): 3447 Upton Ave N, Mpls 55412 ($2,500, 3 bedrooms)

#18. 55406 (Minneapolis)

- Typical rent: $1,536
--- 2.2% less than typical rent in metro
- 1 year rent change: +5.6%
--- #7 fastest growing rent among zip codes in metro
- 10 year rent change: +29.6%

- Pictured (for rent): 3452 34th Ave S, Minneapolis 55406 ($2,000, 3 bedrooms)

#17. 55401 (Minneapolis)

- Typical rent: $1,536
--- 2.2% less than typical rent in metro
- 1 year rent change: -9.6%
--- #2 fastest falling rent among zip codes in metro
- 10 year rent change: +1.6%

- Pictured (for rent): 100 3rd Ave S Unit 3203, Minneapolis 55401 ($7,500, 3 bedrooms)

#16. 55305 (Hopkins)

- Typical rent: $1,537
--- 2.1% less than typical rent in metro
- 1 year rent change: -10.8%
--- #1 fastest falling rent among zip codes in metro
- 10 year rent change: +0.3%

- Pictured (for rent): 2427 Emerald Trl, Minnetonka 55305 ($6,500, 4 bedrooms)

#15. 55104 (Saint Paul)

- Typical rent: $1,566
--- 0.3% less than typical rent in metro
- 1 year rent change: +1.1%
--- #19 fastest growing rent among zip codes in metro
- 10 year rent change: +20.3%

- Pictured (for rent): 2041 Laurel Ave Unit 1, Saint Paul 55104 ($3,000, 3 bedrooms)

#14. 55125 (Saint Paul)

- Typical rent: $1,635
--- 4.1% above typical rent in metro
- 1 year rent change: +6.7%
--- #4 fastest growing rent among zip codes in metro
- 10 year rent change: +23.6%

- Pictured (for rent): 7523 Afton Rd, Woodbury 55125 ($2,050, 3 bedrooms)

#13. 55378 (Savage)

- Typical rent: $1,635
--- 4.1% above typical rent in metro
- 1 year rent change: +0.2%
--- #20 fastest growing rent among zip codes in metro
- 10 year rent change: +13.2%

- Pictured (for rent): 4041 W 125th St, Savage 55378 ($1,750, 3 bedrooms)

#12. 55416 (Minneapolis)

- Typical rent: $1,652
--- 5.2% above typical rent in metro
- 1 year rent change: -1.3%
--- #7 fastest falling rent among zip codes in metro
- 10 year rent change: +10.7%

- Pictured (for rent): W Lake St Unit 7-333, Minneapolis 55416 ($13,950, 2 bedrooms)

#11. 55369 (Osseo)

- Typical rent: $1,653
--- 5.3% above typical rent in metro
- 1 year rent change: +2.1%
--- #18 fastest growing rent among zip codes in metro
- 10 year rent change: +19.0%

- Pictured (for rent): 508 3rd Ave NW, Osseo 55369 ($1,950, 3 bedrooms)

#10. 55379 (Shakopee)

- Typical rent: $1,665
--- 6.1% above typical rent in metro
- 1 year rent change: +3.7%
--- #10 fastest growing rent among zip codes in metro
- 10 year rent change: +21.9%

- Pictured (for sale): 2091 165th St NW, Prior Lake 55379 ($709,900, 5 bedrooms)

#9. 55124 (Saint Paul)

- Typical rent: $1,695
--- 8.0% above typical rent in metro
- 1 year rent change: +2.2%
--- #17 fastest growing rent among zip codes in metro
- 10 year rent change: +16.3%

- Pictured (for rent): 13968 Duluth Ct, Apple Valley 55124 ($2,295, 4 bedrooms)

#8. 55318 (Chaska)

- Typical rent: $1,706
--- 8.7% above typical rent in metro
- 1 year rent change: +5.6%
--- #5 fastest growing rent among zip codes in metro
- 10 year rent change: +20.7%

- Pictured (for rent): 3370 Julian Dr, Chaska 55318 ($4,300, 4 bedrooms)

#7. 55391 (Wayzata)

- Typical rent: $1,723
--- 9.7% above typical rent in metro
- 1 year rent change: -1.0%
--- #9 fastest falling rent among zip codes in metro
- 10 year rent change: +6.2%

- Pictured (for rent): 222 Ferndale Rd S Unit 301, Wayzata 55391 ($14,900, 3 bedrooms)

#6. 55372 (Prior Lake)

- Typical rent: $1,730
--- 10.2% above typical rent in metro
- 1 year rent change: +7.7%
--- #2 fastest growing rent among zip codes in metro
- 10 year rent change: +28.7%

- Pictured (for rent): 17175 Wilderness Trl SE, Prior Lake 55372 ($2,900, 4 bedrooms)

#5. 55311 (Maple Grove)

- Typical rent: $1,770
--- 12.7% above typical rent in metro
- 1 year rent change: +4.3%
--- #8 fastest growing rent among zip codes in metro
- 10 year rent change: +20.6%

- Pictured (for rent): 17359 91st Pl N, Maple Grove 55311 ($3,990, 5 bedrooms)

#4. 55419 (Minneapolis)

- Typical rent: $1,794
--- 14.3% above typical rent in metro
- 1 year rent change: +3.8%
--- #9 fastest growing rent among zip codes in metro
- 10 year rent change: +16.0%

- Pictured (for rent): 5726 Colfax Ave S, Minneapolis 55419 ($3,000, 4 bedrooms)

#3. 55129 (Saint Paul)

- Typical rent: $1,844
--- 17.5% above typical rent in metro
- 1 year rent change: -1.5%
--- #6 fastest falling rent among zip codes in metro
- 10 year rent change: +11.8%

- Pictured (for sale): 5561 Fair Haven Trl, Woodbury 55129 ($499,999, 5 bedrooms)

#2. 55449 (Minneapolis)

- Typical rent: $1,891
--- 20.4% above typical rent in metro
- 1 year rent change: +5.6%
--- #6 fastest growing rent among zip codes in metro
- 10 year rent change: +20.8%

- Pictured (for rent): 2849 Aspen Lake Dr NE, Blaine 55449 ($6,800, 4 bedrooms)

#1. 55414 (Minneapolis)

- Typical rent: $1,998
--- 27.3% above typical rent in metro
- 1 year rent change: +14.4%
--- #1 fastest growing rent among zip codes in metro
- 10 year rent change: +39.1%

- Pictured (for rent): 19 Sydney Pl, Minneapolis 55414 ($1,700, 4 bedrooms)

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