Edina, MN Rental Market Trends
What is the average rent in Edina?
The average rent for an apartment in Edina is $1,705. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Edina, MN
Last updated November 2023
| Average Rent | Average Apartment Size |
|---|---|
| $1,705 | 945 sq. ft. |
What is the average apartment size in Edina?
The average size for a Edina, MN apartment is 945 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.
Edina, MN apartment rent ranges
Edina, MN Occupied Housing Units
6,575 or 29% of the households in Edina, MN are renter-occupied while 16,034 or 71% are owner-occupied.
Edina, MN rent trends
Average Rent in Edina, MN By Neighborhood
| City | Average Rent |
|---|---|
| Pentagon Park | $1,990 |
| Southdale | $1,990 |
| Hopkins | $1,628 |
| Braemar Hills | $1,528 |
| Cahill | $1,528 |
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What are the most affordable neighborhoods in Edina?
The most affordable neighborhoods in Edina are Braemar Hills, where the average rent goes for $1,528/month, Cahill, where renters pay $1,528/mo on average, and Hopkins, where the average rent goes for $1,628/mo.
What are the most popular neighborhoods in Edina?
The most popular neighborhood in Edina is Southdale, where there are 1 listings with an average rent of $1,990. Next up is Braemar Hills, where apartments go for $1,528/month, followed by Cahill with $1,528 If you’re looking to rent in Edina’s most popular neighborhoods, make sure to also check out Hopkins, where renters pay $1,628 on average, and Pentagon Park, where the average monthly rent is $1,990.
Edina | Rent Comparison by Neighborhood
Rent in Braemar Hills is the same as in Cahill
$1,528
Braemar Hills rent is 10% lower than Edina average
Average Rent
$1,528
$1,528
Cahill rent is 10% lower than Edina average
Average Rent
$1,528
How Edina Compares to Other Cities
| State | Average Rent |
|---|---|
| Minneapolis | $1,665 |
| Bloomington | $1,671 |
| St. Paul | $1,416 |
| Eagan | $1,569 |
| Fridley | $1,373 |
| Plymouth | $1,622 |
| Brooklyn Park | $1,243 |
| Minnetonka | $1,616 |
| Ramsey | $1,455 |
| Rochester | $1,488 |
| St. Cloud | $1,059 |
| St. Louis Park | $1,750 |
| Brooklyn Center | $1,196 |
| Spring Park | $1,533 |
| Edina | $1,705 |
What is the average price for a storage unit in Edina?
The average rent for a non-climate-controlled 10'x10' storage unit in Edina is $107.33. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.