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Rental Market Trends in Burnsville, MN

What is the average rent in Burnsville, MN?

$1,308/month

Average Rent

757 Sq Ft

Average Apartment Size

+1.1%

Increase in the Last Year

As of June 2025, the average rent in Burnsville, MN is $1,308 per month. This is 20% lower than the national average rent of $1,628/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 $1,180 per month for a studio, $1,308 for a one-bedroom apartment, and around $1,624 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,996 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,180/month
544 Sq Ft
One Bedroom
$1,308/month
757 Sq Ft
Two Bedroom
$1,624/month
1,046 Sq Ft
Three Bedroom
$1,996/month
1,276 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,459/month
1,670 Sq Ft
Four Bedroom
$3,121/month
2,370 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,060/month
1,421 Sq Ft

How much has average rent changed in Burnsville, MN?

In the past year, rent has increased by 1.1%, which averages out to $14 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 June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Burnsville, MN
Last Updated June 2025
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Burnsville, MN
Percentage*
Rent Range
0% Below $700/month
5% $700 - $1,000/month
37% $1,001 - $1,500/month
53% $1,501 - $2,000/month
5% Above $2,000/month

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, Forest Glen of Burnsville, Leisure Estates and Parkway Place are the most affordable neighborhoods in Burnsville.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Forest Glen of Burnsville
$1,183/month
794 Sq Ft
Leisure Estates
$1,275/month
707 Sq Ft
Parkway Place
$1,318/month
747 Sq Ft
Crosstown Estates
$1,318/month
747 Sq Ft
Wood Park
$1,358/month
760 Sq Ft
Southampton
$1,432/month
776 Sq Ft
Winterwood
$1,580/month
821 Sq Ft
Summit Shores
$1,597/month
752 Sq Ft
Highland View
$1,630/month
750 Sq Ft
Nordic Estates West
$2,324/month
769 Sq Ft

What are the most expensive neighborhoods in Burnsville?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Nordic Estates West
$2,324/month
769 Sq Ft
Highland View
$1,630/month
750 Sq Ft
Summit Shores
$1,597/month
752 Sq Ft
Winterwood
$1,580/month
821 Sq Ft
Southampton
$1,432/month
776 Sq Ft
Wood Park
$1,358/month
760 Sq Ft
Parkway Place
$1,318/month
747 Sq Ft
Crosstown Estates
$1,318/month
747 Sq Ft
Leisure Estates
$1,275/month
707 Sq Ft
Forest Glen of Burnsville
$1,183/month
794 Sq Ft

Which Burnsville neighborhoods have the most rentals available?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Nordic Estates West
$2,324/month
769 Sq Ft
Summit Shores
$1,597/month
752 Sq Ft
Highland View
$1,630/month
750 Sq Ft
Winterwood
$1,580/month
821 Sq Ft
Parkway Place
$1,318/month
747 Sq Ft
Crosstown Estates
$1,318/month
747 Sq Ft
Wood Park
$1,358/month
760 Sq Ft
Leisure Estates
$1,275/month
707 Sq Ft
Forest Glen of Burnsville
$1,183/month
794 Sq Ft
Southampton
$1,432/month
776 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 $1,308, you’ll want to make about $4,360 per month or $52,320 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

1,197 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

Forest Glen of Burnsville

Burnsville, MN

Nordic Estates West

Burnsville, MN

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
Search

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

Villas at Pleasant Ave II - 55+

Villas at Pleasant Ave II - 55+

12800 Pleasant Ave,
Burnsville, MN 55337

1-2 Beds | $1,125 - $1,895

Twelve 501 Apartment Homes

Twelve 501 Apartment Homes

12501 Portland Ave S,
Burnsville, MN 55337

1-3 Beds | $1,240 - $2,896

The Overlook at Crystal Lake

The Overlook at Crystal Lake

15315 Maple Island Rd,
Burnsville, MN 55306

Studio - 3 Beds | $1,460 - $3,048

Flats at Neill Park

Flats at Neill Park

1995 136th St W,
Burnsville, MN 55337

Studio - 2 Beds | $1,314 - $2,359

Property Management Companies in Burnsville, MN

Highland Management Group
Highland Management Group
  • 33

    Communities

  • 3,815

    Units

  • 19

    Cities

4 Communities in Burnsville
Bader Companies
Bader Companies
  • 73

    Communities

  • 10,908

    Units

  • 30

    Cities

3 Communities in Burnsville
The Goodman Group
The Goodman Group
  • 25

    Communities

  • 3,859

    Units

  • 19

    Cities

3 Communities in Burnsville
Shelter Corporation
Shelter Corporation
  • 19

    Communities

  • 3,032

    Units

  • 16

    Cities

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

    Communities

  • 2,459

    Units

  • 15

    Cities

3 Communities in Burnsville
Cushman & Wakefield
Cushman & Wakefield
  • 544

    Communities

  • 127,372

    Units

  • 279

    Cities

2 Communities in Burnsville
BH
BH
  • 333

    Communities

  • 93,080

    Units

  • 199

    Cities

2 Communities in Burnsville
Bigos Management
Bigos Management
  • 53

    Communities

  • 10,059

    Units

  • 23

    Cities

2 Communities in Burnsville

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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 June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity