Edina, MN Rental Market Trends

Highlights

The average rent for an apartment in Edina is $1,438, a 9% increase compared to the previous year, when the average rent was $1,319.

Average Rent in Edina, MN

Last updated Jan 2019
Average Rent Y-o-Y Change Average Apartment Size
$1,438 9% 977 sq. ft.

The average size for a Edina, MN apartment is 977 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.

Edina, MN Apartment Rent Ranges

  • $701-$1,00013%
  • $1,001-$1,50053%
  • $1,501-$2,00025%
  • > $2,0009%

Edina, MN Rent Trends

Average Rent Jan / 2016 May / 2016 Sept / 2016 Jan / 2017 May / 2017 Sept / 2017 Jan / 2018 May / 2018 Jan / 2019
Edina, MN $1,220 $1,262 $1,271 $1,278 $1,320 $1,319 $1,361 $1,366 $1,438
National $1,290 $1,319 $1,334 $1,329 $1,354 $1,366 $1,366 $1,381 $1,396
/

Average Rent in Edina, MN By Neighborhood

/

The most affordable neighborhoods in Edina are Chowen Park, where the average rent goes for $1,076/month, Creek Knoll, where renters pay $1,076/mo on average, and Strachauer Park, where the average rent goes for $1,076/mo. If you’re looking for other great deals, check out the listings from 50th and France ($1,173), Presidents ($1,266), and Braemar Hills ($1,288), where the asking prices are below the average Edina rent of $1,438/mo.

The most expensive neighborhoods in Edina are Promenade ($1,716), South Cornelia ($1,716) and Southdale ($1,716).

Edina | Rent Comparison by Neighborhood

Neighborhood
vs.
Neighborhood

Rent in 50th and France is 19% lower than in Arden Park

$1,173

50th and France rent is 18% lower than Edina average

Average Rent $1,173
$1,457

Arden Park rent is 1% higher than Edina average

Average Rent $1,457

How Does Edina Compare to Nearby Cities

Average Rent Y-o-Y Change
Minneapolis $1,457 5%
St. Louis Park $1,559 5%
Minnetonka $1,354 7%
Brooklyn Park $1,015 4%
St. Anthony $1,127 5%
Hopkins $1,363 7%
Bloomington $1,385 6%
Plymouth $1,351 5%
Brooklyn Center $1,002 4%
Eden Prairie $1,407 8%
Edina $1,438 9%

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

Cheapest Listings on RENTCafé

View more properties
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 Edina 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.

Other Cities