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Rental Market Trends in Andover, MN

What is the average rent in Andover, MN?

$1,679/month

Average Rent

824 Sq Ft

Average Apartment Size

+8.4%

Increase in the Last Year

As of January 2026, the average rent in Andover, MN is $1,679 per month. For comparison, the national average rent price in the US is currently $1,625/month, which means Andover rent prices are 3% higher than the national average. When you rent an apartment in Andover, you can expect to pay about $1,410 per month for a studio, $1,679 for a one-bedroom apartment, and around $1,984 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,410/month
605 Sq Ft
One Bedroom
$1,679/month
824 Sq Ft
Two Bedroom
$1,984/month
1,037 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Four Bedroom
$2,795/month
2,565 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Andover, MN?

In the past year, rent has increased by 8.4%, which averages out to $142 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Andover, MN
Last Updated January 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Andover, MN
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
100% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Andover, MN?

Because the average rent in Andover is $1,679, you’ll want to make about $5,596 per month or $67,152 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Andover, MN

87 Available Apartments for Rent

Search for Nearby Apartments

How does Andover, MN compare to other nearby cities and neighborhoods?

Use the tool below to compare Andover, MN to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Andover, MN

Apartment Averages

Nearby City Rent Trends

  • Anoka Average Rent
  • Champlin Average Rent
  • Ham Lake Average Rent
  • Blaine Average Rent
  • East Bethel Average Rent

Apartment communities in Andover we think you'll love

Aurora Vista

Aurora Vista

14221 Inca St,
Andover, MN 55304

$1,440 - $2,330 Plus Fees

Studio - 2 Beds

The Estates at Arbor Oaks

The Estates at Arbor Oaks

1753 156th Ln NW,
Andover, MN 55304

$1,795 - $2,881 Plus Fees

1-3 Beds

Terrace Hill Apartments

Terrace Hill Apartments

14320 Dysprosium St NW,
Ramsey, MN 55303

$1,446 - $2,105 Total Monthly Price

1-3 Beds | 12 Month Lease

Rivers Bend Apartments

Rivers Bend Apartments

13929 St Francis Blvd,
Ramsey, MN 55303

$960 - $1,010 Plus Fees

2 Beds | 12 Month Lease

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United States Minnesota Andover Rental Trends

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 November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity