Rentometer, Inc. | Data as of 10/24/2025
Mound, Minnesota offers a vibrant rental market that blends smallācity charm with easy access to the natural beauty of LakeĀ Minnetonka. Prospective renters will find a mix of wellāmaintained singleāfamily homes and modern apartment communities, making it easy to choose a living situation that fits a variety of lifestyles. The cityās historic downtown, bustling with boutique shops, cafĆ©s, and seasonal events, provides a welcoming atmosphere for both young professionals and families seeking a closeāknit community feel.
Apartment seekers can expect competitive rates, with oneābedroom units averaging in the $1300s and twoābedroom units falling within the $1500 range, reflecting the cityās balance of affordability and quality amenities. Many of these apartments feature updated kitchens, ināunit laundry, and convenient parking, while some are situated near the vibrant MoundāLakeĀ Park district, offering easy strolls to waterfront trails and recreational facilities. For those who prefer a house, the local market includes charming detached homes that provide additional space, private yards, and proximity to topārated schools such as MoundāLakeĀ Covenant School.
Beyond housing, Moundās attractions enhance the rental experience. Outdoor enthusiasts enjoy boating, fishing, and biking around LakeĀ Minnetonka, while cultural events at the historic Mound Theatre and seasonal festivals bring the community together. With strong transportation links to the Twin Cities and a thriving local economy anchored by healthcare, retail, and smallābusiness enterprises, Mound remains a desirable destination for renters seeking a blend of lakeāside leisure and urban convenience.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,332 | $1,395 | $1,095 - $1,595 | $1,150 - $1,395 |
| Apartment | 2 Bedroom | $1,544 | $1,599 | $1,200 - $1,975 | $1,300 - $1,650 |
In the current period, the average rent in Mound was
$1,317 for 1 Bedroom, and
$1,496 for 2 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.