What is the median rent in Edina, MN?
The median gross rent in Edina, MN is $1,844 (±$60) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 6,250 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Edina, the median gross rent went from $1,404 in 2015–2019 to $1,844 in 2020–2024 (+31.3%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median gross rent
- $1,844 (±$60)
- Rented homes
- 6,250 (±487)
- $2,000 or more
- 39.9%
- Since 2015–2019
- +31.3%
How much rent costs in Edina
| Monthly gross rent | Edina | Hennepin County | Minnesota | United States |
|---|---|---|---|---|
| Less than $500 | 3.0% (±2.1 points) | 6.5% | 8.4% | 6.3% |
| $500 to $999 | 4.7% (±1.9 points) | 10.9% | 21.5% | 20.2% |
| $1,000 to $1,499 | 20.0% (±4.3 points) | 33.5% | 33.6% | 28.1% |
| $1,500 to $1,999 | 32.3% (±5.3 points) | 27.5% | 21.4% | 21.1% |
| $2,000 to $2,499 | 18.6% (±3.5 points) | 12.5% | 9.2% | 12.0% |
| $2,500 to $2,999 | 9.7% (±3.7 points) | 4.8% | 3.0% | 5.5% |
| $3,000 or more | 11.6% (±3.5 points) | 4.3% | 3.0% | 6.8% |
The most common range is $1,500 to $1,999, paid by 32.3% of renting households.
39.9% of rented homes in Edina cost $2,000 or more a month.
Edina against Hennepin County, its state and the nation
| Edina | Hennepin County | Minnesota | United States | |
|---|---|---|---|---|
| Median gross rent | $1,844 (±$60) | $1,487 (±$14) | $1,280 (±$7) | $1,413 |
| Rented homes paying rent | 6,250 (±487) | 197,207 (±2,353) | 614,257 (±4,397) | 42,849,984 |
In Edina, median gross rent is higher than in Hennepin County ($1,487).
It is also higher than in Minnesota ($1,280).
It is higher than the national figure ($1,413).
In Hennepin County, Edina ranks 6 of 37 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 46 of 1,347.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Edina has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $1,404 (±$55) | $1,844 (±$60) | +31.3% | Up after inflation |
| Households that rent | 29.2% (±1.5 points) | 27.6% (±2.0 points) | −1.6 percentage points | Not a measurable change |
| Rental vacancy rate | 3.7% (±2.3 points) | 6.8% (±3.3 points) | +3.1 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near Edina
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Edina | — | $1,844 (±$60) | — |
| Hopkins | 3.2 mi | $1,468 (±$65) | Lower |
| Richfield | 4.0 mi | $1,393 (±$43) | Lower |
| St. Louis Park | 4.0 mi | $1,644 (±$43) | Lower |
| Bloomington | 4.8 mi | $1,561 (±$36) | Lower |
| Minnetonka | 5.5 mi | $1,779 (±$30) | Not measurably different |
| Eden Prairie | 5.6 mi | $1,833 (±$57) | Not measurably different |
| Minneapolis | 6.7 mi | $1,371 (±$20) | Lower |
| Golden Valley | 6.8 mi | $1,785 (±$117) | Not measurably different |
Nearby places with a measurably lower figure: Hopkins, MN ($1,468), Richfield, MN ($1,393), St. Louis Park, MN ($1,644).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Hennepin County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | Minnetrista | $3,500 or more |
| 2 | Independence | $3,469 (±$2,661) |
| 3 | Tonka Bay | $2,320 (±$88) |
| 4 | Greenwood | $1,885 (±$428) |
| 5 | Maple Grove | $1,868 (±$59) |
| 6 | Edina | $1,844 (±$60) |
| 7 | Eden Prairie | $1,833 (±$57) |
| 8 | Orono | $1,818 (±$203) |
| 9 | Long Lake | $1,809 (±$185) |
| 10 | Rogers | $1,789 (±$298) |
| 11 | Golden Valley | $1,785 (±$117) |
| 12 | Wayzata | $1,782 (±$193) |
Showing 12 of 37 places in Hennepin County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Edina
What is the average rent in Edina, MN?
The Census Bureau publishes the median rather than the average: the median gross rent in Edina is $1,844 (±$60) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Edina?
In Edina, the median gross rent went from $1,404 in 2015–2019 to $1,844 in 2020–2024 (+31.3%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
How many rentals in Edina cost more than $2,000 a month?
39.9% of rented homes in Edina have a gross rent of $2,000 or more a month, and 3.0% cost less than $500.
Is rent in Edina higher than in Hennepin County?
In Edina, median gross rent is higher than in Hennepin County ($1,487).
It is also higher than in Minnesota ($1,280).
It is higher than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Edina city, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Edina city, Minnesota
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Edina city, Minnesota
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Edina city, Minnesota (place:18188, in state:27).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
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- Population growth in Edina
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- Minnesota landlord and tenant rules
- Housing across Hennepin County
- Minnesota places ranked by median rent
- Housing data for every place in Minnesota