Burnsville, MN Rental Market Trends
Highlights
The average rent for an apartment in Burnsville is $1,262, a 8% increase compared to the previous year, when the average rent was $1,167.
Average Rent in Burnsville, MN
Last updated November 2019
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,262 | 8% | 958 sq. ft. |
The average size for a Burnsville, MN apartment is 958 square feet, but this number varies greatly depending on apartment type. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Burnsville, MN Apartment Rent Ranges
- $701-$1,00011%
- $1,001-$1,50078%
- $1,501-$2,00010%
- > $2,0002%
Burnsville, MN Occupied Housing Units
- Renter-occupied Households35%
- Owner-occupied Households64%
8,603 or 35% of the households in Burnsville, MN are renter-occupied while 15,950 or 64% are owner-occupied.
Burnsville, MN Rent Trends
| Average Rent | Jul / 2016 | Nov / 2016 | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Nov / 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
| Burnsville, MN | $1,094 | $1,108 | $1,121 | $1,148 | $1,168 | $1,167 | $1,167 | $1,227 | $1,222 | $1,262 |
| National | $1,342 | $1,350 | $1,346 | $1,378 | $1,380 | $1,383 | $1,418 | $1,427 | $1,431 | $1,466 |
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How Does Burnsville Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| West St. Paul | $1,052 | 3% |
| Eagan | $1,309 | 8% |
| Apple Valley | $1,411 | 5% |
| Burnsville | $1,262 | 8% |
| Lakeville | $1,462 | 13% |
| Inver Grove Heights | $1,214 | 7% |
| Rosemount | $1,381 | 10% |
| Hastings | $885 | 7% |
| Lilydale | $1,052 | 3% |
For more information about the Burnsville rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Burnsville apartment buildings 50 units or larger. Yardi Matrix covers ~90% of the U.S. metro area population, including ~17 million apartments across more than 130 U.S. markets.