Rentometer, Inc. | Data as of 12/04/2025
Located along the scenic Minnesota River and just a short drive from the Twin Cities, Shakopee blends small‑town charm with vibrant amenities, making it a sought‑after destination for renters. The city’s historic downtown, bustling entertainment venues like Valleyfair, and easy access to major highways create a convenient lifestyle for professionals, students, and families alike. As a result, the Shakopee MN rental market offers a balanced mix of modern apartments and spacious homes to suit a variety of preferences.
Apartment seekers will find a diverse range of options, from efficient studios in the $1300s to comfortable three‑bedroom units in the $2500s. One‑bedroom apartments typically sit in the $1500 range, while two‑bedroom layouts commonly fall within the $2000 range, providing flexibility for couples and small households. Many of these rentals are located near downtown shops, public transit routes, and recreational trails, offering residents both convenience and a vibrant community atmosphere.
For families and those needing extra space, Shakopee’s rental homes deliver generous square footage and a variety of bedroom configurations. Two‑bedroom houses are often priced in the $2000 range, three‑bedroom homes trend around the $2400s, and larger four‑plus‑bedroom properties are available in the $2900s. Neighborhoods such as Eagle River and the Carver County outskirts provide quiet streets, reputable schools, and easy access to parks and lakes, making them ideal for long‑term living. Whether you’re looking for a sleek apartment or a roomy family house, Shakopee rentals combine affordability with quality, positioning the city as a prime choice for Minnesota renters.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,328 | $1,353 | $946 - $1,632 | $1,203 - $1,490 |
| Apartment | 1 Bedroom | $1,505 | $1,535 | $1,051 - $2,016 | $1,335 - $1,631 |
| Apartment | 2 Bedroom | $1,987 | $1,973 | $850 - $2,895 | $1,697 - $2,265 |
| Apartment | 3 Bedroom | $2,503 | $2,657 | $1,610 - $3,300 | $1,960 - $2,875 |
| House | 2 Bedroom | $1,989 | $1,900 | $1,499 - $2,883 | $1,800 - $2,195 |
| House | 3 Bedroom | $2,389 | $2,372 | $1,795 - $3,495 | $1,995 - $2,500 |
| House | 4+ Bedroom | $2,953 | $2,895 | $2,250 - $4,995 | $2,656 - $3,245 |
In the current period, the average rent in Shakopee was $1,329 for Studio, $1,495 for 1 Bedroom, $1,988 for 2 Bedroom, $2,441 for 3 Bedroom, and $2,809 for 4+ Bedroom.
Data provided by Rentometer, Inc.