Median Age
41 Years
Largest Age Group
5-14 Years
Approximately 15% of Residents
Under 20
27%
Over 65
16%
Victoria, MN
Area Guide
Avg Rent
$1,735
Population
12,386
Renter Mix
8% Rent
A lake-filled, family-friendly suburb on Minnesota’s Lake Minnetonka
Family-Friendly
•
Great Schools
•
Rural
Nestled between Carver Park Reserve and the Minnesota Landscape Arboretum, the city of Victoria is an outdoorsy small town off the shores of Lake Minnetonka. This lakefront suburb is home to the Deer Run Golf Club and eight different lakes. Victoria’s active community appreciates the abundant outdoor recreational opportunities, from hiking and fishing to boating and swimming — but don’t forget about camping and wildlife-watching opportunities!
Victoria is home to a few local restaurants, bars, and cafes in the heart of town, but the majority of the city is made up of residential neighborhoods, lakes, and open green space. The apartments and houses for rent in town are quite charming, and are located in safe, family-friendly neighborhoods. Victoria is about 26 miles southwest of Minneapolis, so residents can easily commute to and from the city for more entertainment options. Locals enjoy frequenting the lakes, reserves, and wineries around Victoria.
Demographics
Median Household Income
$163,261
Average: $183,369
Education
6,276
Residents Have a Degree
Job Market
7,040
Workers Employed
Age Distribution
Get a sense of this area's population profile.
Housing Distribution
Victoria has more homeowners than renters.
Renters
8%
Non-Renters
92%
Education Distribution
Review this city's overall education levels.
Bachelor's or Higher
46%
Other Education
54%
Rent Trends
As of June 2026, the average apartment rent in Victoria, MN is $1,536 for a studio, $1,734 for one bedroom, $2,391 for two bedrooms, and $3,545 for three bedrooms. Apartment rent in Victoria has increased by 0.7% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$1,734/month
741 Sq Ft
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Victoria, MN is for everyday living.
Somewhat Walkable
Walkability
30
/ 100
Exceptionally Drivable
Drivability
90
/ 100
Moderately Bikeable
Bikeability
60
/ 100
Scores provided by
Schools
Public
Grades K-5
652 Students
Public
Grades K-5
652 Students
School data provided by
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
Points of Interest
Shopping Centers
Parks and Recreation
- Minnesota Landscape Arboretum
- Carver Park Reserve
- Lowry Nature Center
- Lake Minnetonka Regional Park
- Lake Minnewashta Regional Park
Military Bases
Airports
- Minneapolis-St Paul International/Wold-Chamberlain
Top Apartments in Victoria
Houses for Rent in Victoria
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.