Rentometer, Inc. | Data as of 11/14/2025
Hennepin County’s rental market blends urban vibrancy with suburban comfort, offering a diverse portfolio of apartments and single‑family homes across neighborhoods such as Downtown Minneapolis, Uptown, Nicollet Island, and the Lake Minnetonka corridor. Tenants enjoy proximity to cultural landmarks like the Walker Art Center, the historic Mill City Museum, and the bustling shopping scene at the Mall of America. This blend of city life and lakeside leisure makes Hennepin a magnet for young professionals, families, and students from the University of Minnesota seeking a balanced lifestyle.
Rental options span modern studio apartments typically priced in the $1200s, while one‑bedroom units commonly fall within the $1500 range. Larger homes provide ample space for growing families, with studio houses averaging in the $1600s and three‑bedroom residences often hovering near the $2400 range. The county’s mix of high‑rise apartments, garden‑style complexes, and well‑maintained houses ensures that renters can find a setting that aligns with both their budget and preferred lifestyle, whether they value walkable downtown amenities or the tranquility of suburban streets.
The strong demand for quality rentals in Hennepin County reflects its robust economy, excellent public transportation network, and abundant recreational opportunities—from biking along the Grand Rounds Scenic Byway to enjoying water sports on Lake Calhoun. These factors contribute to a stable rental environment, making Hennepin an attractive and reliable choice for anyone looking to call Minnesota’s most dynamic county home.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,219 | $1,232 | $525 - $1,967 | $1,050 - $1,395 |
| Apartment | 1 Bedroom | $1,590 | $1,565 | $875 - $3,550 | $1,299 - $1,760 |
| Apartment | 2 Bedroom | $2,131 | $1,905 | $852 - $6,271 | $1,714 - $2,336 |
| Apartment | 3 Bedroom | $2,282 | $2,250 | $1,275 - $3,750 | $1,871 - $2,450 |
| Apartment | 4+ Bedroom | $2,712 | $2,897 | $815 - $3,670 | $2,600 - $3,395 |
| House | 1 Bedroom | $1,545 | $1,475 | $1,100 - $2,200 | $1,199 - $1,825 |
| House | 2 Bedroom | $1,860 | $1,690 | $750 - $4,650 | $1,500 - $1,970 |
| House | 3 Bedroom | $2,366 | $2,315 | $965 - $5,600 | $1,895 - $2,799 |
| House | 4+ Bedroom | $3,272 | $2,850 | $750 - $8,400 | $2,600 - $3,495 |
In the current period, the average rent in Hennepin was $1,219 for Studio, $1,591 for 1 Bedroom, $2,102 for 2 Bedroom, $2,327 for 3 Bedroom, and $2,979 for 4+ Bedroom.
Data provided by Rentometer, Inc.