Plymouth, MN Rental Market Trends
What is the average rent in Plymouth?
The average rent for an apartment in Plymouth is $1,407, a 1% increase compared to the previous year, when the average rent was $1,399. Read the full Rent Report to learn more details on how apartment rents compare to other locations in the area, and what are the most affordable or most expensive cities for renting around Minneapolis, MN.
Average Rent in Plymouth, MN
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,407 | 1% | 1,002 sq. ft. |
What is the average apartment size in Plymouth?
The average size for a Plymouth, MN apartment is 1,002 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.
Plymouth, MN Apartment Rent Ranges
- $701-$1,0009%
- $1,001-$1,50055%
- $1,501-$2,00033%
- > $2,0003%
Plymouth, MN Occupied Housing Units
- Renter-occupied Households31%
- Owner-occupied Households68%
9,876 or 31% of the households in Plymouth, MN are renter-occupied while 21,342 or 68% are owner-occupied.
Plymouth, MN Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Jun / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Plymouth, MN | $1,296 | $1,296 | $1,351 | $1,353 | $1,402 | $1,419 | $1,399 | $1,424 | $1,428 | $1,407 |
| National | $1,314 | $1,345 | $1,354 | $1,358 | $1,390 | $1,397 | $1,400 | $1,392 | $1,396 | $1,407 |
Average Rent in Plymouth, MN By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Dayton | $1,672 |
| Osseo | $1,672 |
| Maple Grove | $1,653 |
| Corcoran | $1,598 |
| Rogers | $1,598 |
| Spring Park | $1,404 |
| Medicine Lake | $1,310 |
| Mound | $1,246 |
| New Hope | $1,204 |
| Minnetonka Beach | $1,193 |
| Orono | $1,193 |
| Wayzata | $1,193 |
| Woodland | $1,193 |
| Deephaven | $1,119 |
| Minnetrista | $1,088 |
| Shorewood | $1,088 |
| Champlin | $1,047 |
| Excelsior | $1,028 |
| Greenwood | $1,028 |
| Tonka Bay | $1,028 |
What are the most affordable neighborhoods in Plymouth?
The most affordable neighborhoods in Plymouth are Excelsior, where the average rent goes for $1,028/month, Greenwood, where renters pay $1,028/mo on average, and Tonka Bay, where the average rent goes for $1,028/mo. If you’re looking for other great deals, check out the listings from Champlin ($1,047), Minnetrista ($1,088), and Shorewood ($1,088), where the asking prices are below the average Plymouth rent of $1,407/mo.
What are the most expensive neighborhoods in Plymouth?
The most expensive neighborhoods in Plymouth are Maple Grove ($1,653), Dayton ($1,672) and Osseo ($1,672).
What are the most popular neighborhoods in Plymouth?
The most popular neighborhood in Plymouth is Maple Grove, where there are 10 verified RENTCafé listings with an average rent of $1,653. Next up is New Hope, where apartments go for $1,204/month, followed by Rogers with $1,598 If you’re looking to rent in Plymouth’s most popular neighborhoods, make sure to also check out Champlin, where renters pay $1,047 on average, and Mound, where the average monthly rent is $1,246.
Plymouth | Rent Comparison by Neighborhood
Rent in Champlin is 34% lower than in Corcoran
Champlin rent is 26% lower than Plymouth average
| Average Rent | $1,047 |
|---|
Corcoran rent is 14% higher than Plymouth average
| Average Rent | $1,598 |
|---|
How Plymouth Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Minneapolis | $1,565 | -2% |
| St. Paul | $1,327 | 1% |
| Bloomington | $1,437 | -1% |
| Edina | $1,505 | n/a |
| St. Louis Park | $1,596 | -1% |
| Plymouth | $1,407 | 1% |
| Minnetonka | $1,457 | n/a |
| Coon Rapids | $1,183 | 3% |
| Eagan | $1,355 | 2% |
| Brooklyn Center | $1,106 | 5% |
| Chaska | $1,400 | 5% |