Rentometer, Inc. | Data as of 12/04/2025
Ramsey, Minnesota offers a vibrant rental market that blends suburban comfort with easy access to the Twin Cities. Prospective renters can choose from a mix of modern apartments and spacious single‑family homes, making the city appealing to both young professionals and growing families. The downtown corridor features walkable streets, boutique shops, and popular dining spots, while nearby parks and the scenic shores of Lake Minnetonka provide ample outdoor recreation.
Apartment options in Ramsey span from cozy studios to expansive three‑bedroom layouts. Studios and one‑bedroom units typically sit in the $1400s to $1500 range, offering an affordable entry point for renters seeking convenience and contemporary amenities. Two‑bedroom apartments are generally found in the $1800s, and three‑bedroom units often command a $2000 range, reflecting the added space and often upgraded finishes. For those preferring a house, three‑bedroom homes tend to be priced in the $2600s, while larger four‑plus bedroom properties reach the $2800s, providing ample room for families or those desiring a home office setup.
Neighborhoods such as the historic Summit Avenue district and the newer Loring Park area each bring their own character, from classic architecture to newer developments with community pools and fitness centers. Proximity to major highways, public transit, and the University of Minnesota’s Rochester campus makes commuting straightforward. Whether you’re looking for a stylish apartment near the city center or a family‑friendly house in a quiet suburb, Ramsey’s rental landscape offers diverse choices to suit a variety of lifestyle needs.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,448 | $1,445 | $1,300 - $1,600 | $1,300 - $1,600 |
| Apartment | 1 Bedroom | $1,481 | $1,498 | $366 - $1,900 | $1,420 - $1,550 |
| Apartment | 2 Bedroom | $1,866 | $1,830 | $960 - $2,925 | $1,654 - $1,989 |
| Apartment | 3 Bedroom | $1,991 | $2,116 | $958 - $2,407 | $2,025 - $2,200 |
| House | 3 Bedroom | $2,580 | $2,585 | $2,270 - $2,999 | $2,299 - $2,750 |
| House | 4+ Bedroom | $2,857 | $2,700 | $2,400 - $4,000 | $2,500 - $2,900 |
In the current period, the average rent in Ramsey was $1,448 for Studio, $1,481 for 1 Bedroom, $1,874 for 2 Bedroom, $2,165 for 3 Bedroom, and $2,613 for 4+ Bedroom.
Data provided by Rentometer, Inc.