Rentometer, Inc. | Data as of 12/04/2025
Hopkins, Minnesota offers a vibrant rental market that blends easy access to the Twin Cities with a welcoming small‑city atmosphere. Prospective renters will find a mix of modern apartments and well‑maintained single‑family homes near popular neighborhoods such as Downtown Hopkins, the historic Morse Park district, and the tranquil lakeside community surrounding Hopkins Lake. The area is known for its walkable Main Street, a variety of local eateries, and convenient public transit options that connect commuters to Minneapolis and St. Paul.
Apartment options in Hopkins span a range of configurations to suit different lifestyles. Studio units are commonly found in the $1200s, while one‑bedroom apartments typically sit in the $1300 range. Families and professionals seeking more space often choose two‑bedroom apartments, which generally rent in the $1700s, and three‑bedroom units that are available in the $2500 range. For those preferring a house, two‑bedroom homes usually rent around $1900, with three‑bedroom houses positioned near $2500 and larger four‑plus bedroom homes often priced around $2700. These price tiers reflect the balanced market that accommodates both first‑time renters and growing households.
Beyond housing, Hopkins boasts excellent amenities that enhance the rental experience. Residents enjoy easy access to the Hopkins Center for the Arts, extensive park systems like Bunker Hills Regional Park, and top‑rated schools such as Hopkins Elementary. With its blend of suburban comfort, cultural attractions, and proximity to major employment hubs, Hopkins continues to be a desirable destination for renters seeking quality living in Minnesota.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,224 | $1,167 | $860 - $1,615 | $1,057 - $1,465 |
| Apartment | 1 Bedroom | $1,361 | $1,245 | $988 - $2,400 | $1,150 - $1,600 |
| Apartment | 2 Bedroom | $1,714 | $1,600 | $1,150 - $3,100 | $1,385 - $1,861 |
| Apartment | 3 Bedroom | $2,487 | $2,250 | $1,595 - $3,850 | $1,975 - $2,905 |
| Apartment | 4+ Bedroom | $2,380 | $2,695 | $1,750 - $2,695 | $1,750 - $2,695 |
| House | 2 Bedroom | $1,907 | $2,000 | $1,395 - $2,500 | $1,400 - $2,150 |
| House | 3 Bedroom | $2,509 | $2,400 | $2,200 - $2,999 | $2,389 - $2,750 |
| House | 4+ Bedroom | $2,674 | $2,500 | $2,350 - $3,499 | $2,389 - $2,999 |
In the current period, the average rent in Hopkins was $1,225 for Studio, $1,362 for 1 Bedroom, $1,730 for 2 Bedroom, $2,494 for 3 Bedroom, and $2,596 for 4+ Bedroom.
Data provided by Rentometer, Inc.