Plymouth, MN average rental price, July 2023
The average monthly rent of apartments in Plymouth, MN is $1,602.
Plymouth, MN apartment rent ranges
About 49% of apartment rents in Plymouth, MN range between $1,501-$2,000. Meanwhile, apartments priced over > $2,000 represent 10% of apartments. Around 39% of Plymouth’s apartments are in the $1,001-$1,500 price range. 1% of apartments are priced between $701-$1,000.
What type of rental buildings are in Plymouth, MN?
In Plymouth 26% of the housing is rented out compared to 74% of homes are owned, according to the most recent Census Bureau estimates. 50% of Plymouth’s apartments are found in large buildings of 50 units or more, 41% are located in smaller apartment complexes with less than 50 units, and 8% are single-family rentals.
What do typical apartment communities look like in Plymouth, MN?
The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Plymouth are about 36 years old, on average. Of these, 23% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About 98% of the rental communities here are low-rise, garden-style communities, 2% are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.
What apartment floorplans are common in Plymouth, MN?
Rental apartments in Plymouth come in a range of sizes and floorplans. Studio apartments represent 3% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 38% of the total apartments in the city, while 2-bedroom floorplans represent around 54% of all rentals in Plymouth. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.
Renter's guide to Plymouth, MN
Plymouth is a city in Hennepin County, MN, and a suburb of Minneapolis. In 2008, the city was named the best place to live in the U.S. according to Money Magazine, due to its inclusion of residential and commercial areas, parks, schools, and industry, more or less making Plymouth a self-contained city with a more relaxed small town vibe. Low crime rates and great schools add to its attractiveness, and the city is currently ranked the 9th best suburb to live in Minnesota, the 11th best place to raise a family, and the 11th best place for public schools. As such, it’s extremely popular with families.
With a population of 76,258, Plymouth is the 7th largest city in Minnesota, and the 3rd largest suburb of Minneapolis. It has an area of 35.48 sq. miles, and a lower population density than other large cities in the area, such as Bloomington and Brooklyn Park. It’s around 5 times less populous than Minneapolis proper.
Plymouth is located just 12 miles west of downtown Minneapolis, which can be reached within 20 minutes in good traffic. The city is crossed east to west by Hwy 55, and north to south by interstate 494 (the western section of the Minneapolis/St Paul belt). Together, along with bordering highway 169, these freeways facilitate travel in any direction.
The city has a humid continental climate, characterized by cold snowy winters, and hot, often humid summers. July is the hottest month, with average highs of 83°F, while January is the coldest with average lows of 3°F. Precipitation falls throughout the year, with June through August seeing the most rainfall, while December through March sees the most snow. You can expect around 31 inches of rain per year, and 52 inches of snow.
Tips for renting in Plymouth, MN
There’s a wide variety of different housing stock in Plymouth, and while many modern neighborhoods do consist of cookie cutter single-family homes, there are also a wealth of attractive apartment complexes and townhouses to suit a variety of budgets. A great location is the Vicksburg area, just north of highway 55, where you’ll find numerous apartment complexes within walking distance of several shopping districts, entertainment and cultural venues, restaurants, and bars.
Living in Plymouth, MN
Life in Plymouth offers a healthy balance of green space and urban amenities. Parks and lakes can be found throughout the city, providing a wealth of outdoor activities to enjoy, while shopping centers and commercial zones ensure you can find what you need at any point. Cafes and bakeries are also dotted throughout town, ensuring there are plenty of places to socialize with friends.
Low crime rates and excellent school systems make Plymouth popular with families, and most of the entertainment is geared toward this demographic. Therefore, young adults and teenagers might find the lack of nightlife dull. However, other options aren’t far away, and there are some bars in the city. Traffic during rush hours is manageable, and a good location ensures you can travel throughout the metro with ease.
Things to do in Plymouth, MN
Plymouth boasts over 170 miles of city, state, and regional trails, ideal for cyclists, hikers, dog walkers and those looking to enjoy the fresh air. With more than 1,700 acres of park land, as well as an abundance of lakes, residents can enjoy a variety of features, such as sports facilities, playgrounds, open spaces, ice rinks, fishing, picnics, and much more. Clifton French Regional Park is situated on the banks of Medicine Lake, and offers fun for all the family, with boat rentals, a beach, and a kids' playground.
There are plenty of places to shop in Plymouth, with malls, shopping centers, and plazas found throughout the city. The Shops of Plymouth Town Center is located off highway 55, and features everything from groceries and clothes, to home improvements and goodies from across the globe. There’s also a movie theater, a plethora of restaurants, gyms, services, and a regular farmers market. The nearby Rock Elm Tavern is a great place to try out locally produced burgers and craft beers.
Music lovers will enjoy Music in Plymouth, a 4th of July event with a series of free concerts held in the iconic Hilde Performance Center. There’s also food vendors, family orientated activities, and a huge firework display.
Plymouth, MN employment & economy
With a median household income of $91,867, households in Plymouth earn far more than state and national averages, though some other nearby cities have marginally higher median incomes. Manufacturing is the most common industry, employing 15.1% of the workforce, followed by health care and social assistance (14.2%), and professional, scientific, and technical services (11.9%). The highest paying industry is the management of companies and enterprises sector.
The most common jobs held by residents of Plymouth are in management occupations, followed by sales and related occupations, and office and administrative support roles. Meanwhile, the highest paid residents work in legal occupations, followed by management occupations. The Wayzata Public Schools District is the top employer, with over 1,500 employees in the city.
Education in Plymouth, MN
While Plymouth is served by 5 different school districts, the majority of the city is covered by Wayzata Public Schools (ISD 284). The top-rated high school is Wayzata High School, which is ranked as the second best public high school in Minnesota, #2 best college prep public high school, and #3 best high school for STEM. It consistently performs well above average in terms of test scores, progress, and college readiness.
Are you looking to land that one apartment near you that ticks all the boxes? Now you can browse through available RentCafe apartment listings in your area, rated and reviewed by verified residents. Comparing the size, price, amenities and location of apartments for rent near you is easier than ever. Do you feel like expanding the search beyond your neighborhood and ZIP code? Browse apartments for rent in your city and state to find the best fit, wherever you are in the U.S. Somewhere out there is the perfect apartment just waiting for you.
Whether you're looking for a studio, an apartment with one or more bedrooms, or maybe you're upgrading to a luxury apartment or need to acommodate a pet, RentCafe allows you to easily search for a rental near you based on your criteria, anywhere in the U.S. So, let's find your new home today!
RentCafe is your one-stop shop for finding a great new apartment in Plymouth, MN. Easily search through a wide selection of apartments for rent in Plymouth, MN, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Browse Plymouth, MN apartments
with rents starting from $1,090 and submit your rental application today!
Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!