Average Rent in Mound, MN
Apartments & Houses by Size

Rentometer, Inc. | Data as of 10/24/2025

Mound, Minnesota offers a vibrant rental market that blends small‑city charm with easy access to the natural beauty of LakeĀ Minnetonka. Prospective renters will find a mix of well‑maintained single‑family homes and modern apartment communities, making it easy to choose a living situation that fits a variety of lifestyles. The city’s historic downtown, bustling with boutique shops, cafĆ©s, and seasonal events, provides a welcoming atmosphere for both young professionals and families seeking a close‑knit community feel.

Apartment seekers can expect competitive rates, with one‑bedroom units averaging in the $1300s and two‑bedroom units falling within the $1500 range, reflecting the city’s balance of affordability and quality amenities. Many of these apartments feature updated kitchens, in‑unit laundry, and convenient parking, while some are situated near the vibrant Mound‑LakeĀ 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 top‑rated schools such as Mound‑LakeĀ Covenant School.

Beyond housing, Mound’s 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 small‑business enterprises, Mound remains a desirable destination for renters seeking a blend of lake‑side leisure and urban convenience.

Partial Data Available: We have sufficient data for 1 Bedroom, 2 Bedroom listings. Other bedroom types need more data for reliable statistics.

Mound Rent by Property Type & Bedroom Count

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.

Mound

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Data provided by Rentometer, Inc.