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Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.

Coon Rapids, MN Rental Market Trends

Highlights

The average rent for an apartment in Coon Rapids is $1,173, a 3% increase compared to the previous year, when the average rent was $1,135.

Average Rent in Coon Rapids, MN

Last updated March 2021
Average Rent Y-o-Y Change Average Apartment Size
$1,173 3% 926 sq. ft.

The average size for a Coon Rapids, MN apartment is 926 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. 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.

Coon Rapids, MN Apartment Rent Ranges

  • $501-$7002%
  • $701-$1,00020%
  • $1,001-$1,50072%
  • $1,501-$2,0006%

Coon Rapids, MN Occupied Housing Units

  • Renter-occupied Households34%
  • Owner-occupied Households65%

8,379 or 34% of the households in Coon Rapids, MN are renter-occupied while 15,949 or 65% are owner-occupied.

Coon Rapids, MN Rent Trends

Average Rent Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Mar / 2021
Coon Rapids, MN $1,046 $1,046 $1,092 $1,117 $1,123 $1,135 $1,147 $1,174 $1,173
National $1,311 $1,342 $1,351 $1,356 $1,388 $1,395 $1,397 $1,389 $1,392
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Access comprehensive real estate data and information on Yardi Matrix

How Coon Rapids Compares to Other Cities

Average Rent Y-o-Y Change
Minneapolis $1,552 -3%
St. Paul $1,290 -1%
St. Cloud $881 2%
Edina $1,497 -1%
Bloomington $1,440 -1%
St. Louis Park $1,613 -1%
Plymouth $1,428 1%
Coon Rapids $1,173 3%
Brooklyn Center $1,077 2%
Golden Valley $1,526 n/a
St. Anthony $1,212 5%

For more information about the Coon Rapids rental trends, check out our monthly rent report

Check out Minnesota Cities, Minnesota Neighborhoods and Minnesota Zip Codes for more details on verified listings, including the Minnesota Average Rent.

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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 Coon Rapids apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.