New Brighton, MN Rental Market Trends
Highlights
The average rent for an apartment in New Brighton is $1,103, a 4% increase compared to the previous year, when the average rent was $1,059.
Average Rent in New Brighton, MN
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,103 | 4% | 854 sq. ft. |
The average size for a New Brighton, MN apartment is 854 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.
New Brighton, MN Apartment Rent Ranges
- $701-$1,00036%
- $1,001-$1,50057%
- $1,501-$2,0006%
New Brighton, MN Occupied Housing Units
- Renter-occupied Households36%
- Owner-occupied Households63%
3,314 or 36% of the households in New Brighton, MN are renter-occupied while 5,791 or 63% are owner-occupied.
New Brighton, MN Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Jan / 2021 |
|---|---|---|---|---|---|---|---|---|---|
| New Brighton, MN | $987 | $987 | $1,012 | $1,030 | $1,041 | $1,059 | $1,069 | $1,092 | $1,103 |
| National | $1,381 | $1,418 | $1,428 | $1,432 | $1,468 | $1,475 | $1,477 | $1,464 | $1,462 |
How New Brighton Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Minneapolis | $1,568 | -2% |
| St. Paul | $1,303 | n/a |
| 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% |
| Maplewood | $1,141 | 4% |
| Brooklyn Center | $1,077 | 2% |
| New Brighton | $1,103 | 4% |
For more information about the New Brighton 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.
Curious about listings in your area? Check out our apartments near you for more details!