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Rental Market Trends in Burnsville, MN

What is the average rent in Burnsville, MN?

$1,354/month

Average Rent

756 Sq Ft

Average Apartment Size

+3.6%

Increase in the Last Year

As of September 2025, the average rent in Burnsville, MN is $1,354 per month. This is 17% lower than the national average rent of $1,640/month, making renting in Burnsville more affordable than most cities in the US. When you rent an apartment in Burnsville, you can expect to pay about $1,194 per month for a studio, $1,354 for a one-bedroom apartment, and around $1,636 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,004 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,194/month
543 Sq Ft
One Bedroom
$1,354/month
756 Sq Ft
Two Bedroom
$1,636/month
1,051 Sq Ft
Three Bedroom
$2,004/month
1,268 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,439/month
1,775 Sq Ft
Four Bedroom
$3,034/month
2,264 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,886/month
1,068 Sq Ft
Three Bedroom
$2,555/month
2,047 Sq Ft

How much has average rent changed in Burnsville, MN?

In the past year, rent has increased by 3.6%, which averages out to $49 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 September 2025
Legend
2024 2025
Market Trends Over Time

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Burnsville?

Based on current rent prices, Leisure Estates, Vista View and Parkway Place are the most affordable neighborhoods in Burnsville.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Leisure Estates
$1,242/month
720 Sq Ft
Vista View
$1,246/month
778 Sq Ft
Parkway Place
$1,272/month
733 Sq Ft
Crosstown Estates
$1,272/month
733 Sq Ft
Forest Glen of Burnsville
$1,277/month
785 Sq Ft
Rio Loma
$1,337/month
732 Sq Ft
Wood Park
$1,362/month
751 Sq Ft
Highland View
$1,373/month
749 Sq Ft
Summit Shores
$1,389/month
757 Sq Ft
Winterwood
$1,448/month
816 Sq Ft

What are the most expensive neighborhoods in Burnsville?

Based on current rent prices, Nordic Estates West, Winterwood and Summit Shores are the most expensive neighborhoods in Burnsville.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Nordic Estates West
$1,563/month
737 Sq Ft
Winterwood
$1,448/month
816 Sq Ft
Summit Shores
$1,389/month
757 Sq Ft
Highland View
$1,373/month
749 Sq Ft
Wood Park
$1,362/month
751 Sq Ft
Rio Loma
$1,337/month
732 Sq Ft
Forest Glen of Burnsville
$1,277/month
785 Sq Ft
Parkway Place
$1,272/month
733 Sq Ft
Crosstown Estates
$1,272/month
733 Sq Ft
Vista View
$1,246/month
778 Sq Ft

Which Burnsville neighborhoods have the most rentals available?

The neighborhoods in Burnsville with the most apartments available are Summit Shores, Nordic Estates West and Highland View .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Summit Shores
$1,389/month
757 Sq Ft
Nordic Estates West
$1,563/month
737 Sq Ft
Highland View
$1,373/month
749 Sq Ft
Leisure Estates
$1,242/month
720 Sq Ft
Forest Glen of Burnsville
$1,277/month
785 Sq Ft
Winterwood
$1,448/month
816 Sq Ft
Rio Loma
$1,337/month
732 Sq Ft
Parkway Place
$1,272/month
733 Sq Ft
Crosstown Estates
$1,272/month
733 Sq Ft
Wood Park
$1,362/month
751 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Burnsville is $1,354, you’ll want to make about $4,513 per month or $54,156 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

Burnsville, MN

1,174 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Burnsville, 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 Burnsville, MN

Apartment Averages

Leisure Estates

Burnsville, MN

Nordic Estates West

Burnsville, MN

Studio
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-
One Bedroom
-
-
Two Bedroom
-
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Three Bedroom
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Search
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Nearby City Rent Trends

  • Bloomington Average Rent
  • Apple Valley Average Rent
  • Savage Average Rent
  • Eagan Average Rent
  • Richfield Average Rent
  • Lakeville Average Rent
  • Prior Lake Average Rent
  • Edina Average Rent

Apartment communities in Burnsville we think you'll love

NEON Burnsville

NEON Burnsville

14501 Grand Ave S,
Burnsville, MN 55306

$1,395 - $2,695

1-2 Beds

The Overlook at Crystal Lake

The Overlook at Crystal Lake

15315 Maple Island Rd,
Burnsville, MN 55306

$1,350 - $2,365

Studio - 2 Beds

Flats at Neill Park

Flats at Neill Park

1995 136th St W,
Burnsville, MN 55337

$1,288 - $2,312

Studio - 2 Beds

Concorde Flats Apartment

Concorde Flats Apartment

501 Gateway Blvd,
Burnsville, MN 55337

$1,295 - $2,100

Studio - 2 Beds

Property Management Companies in Burnsville, MN

Highland Management Group
Highland Management Group
  • 30

    Communities

  • 3,579

    Units

  • 19

    Cities

4 Communities in Burnsville
Bader Companies
Bader Companies
  • 73

    Communities

  • 11,160

    Units

  • 28

    Cities

3 Communities in Burnsville
The Goodman Group
The Goodman Group
  • 24

    Communities

  • 3,789

    Units

  • 18

    Cities

3 Communities in Burnsville
Great Lakes Management
Great Lakes Management
  • 22

    Communities

  • 2,459

    Units

  • 15

    Cities

3 Communities in Burnsville
Shelter Corporation
Shelter Corporation
  • 17

    Communities

  • 2,601

    Units

  • 14

    Cities

3 Communities in Burnsville
Cushman & Wakefield
Cushman & Wakefield
  • 531

    Communities

  • 122,581

    Units

  • 271

    Cities

2 Communities in Burnsville
BH
BH
  • 339

    Communities

  • 96,186

    Units

  • 195

    Cities

2 Communities in Burnsville
Birge & Held
Birge & Held
  • 100

    Communities

  • 21,461

    Units

  • 49

    Cities

2 Communities in Burnsville

Learn More with Helpful Articles

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United States Minnesota Burnsville 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 September 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity