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Rental Market Trends in Burnsville, MN

Updated September 2026

The average rent in Burnsville, MN is $1,362/month.

Rent in Burnsville is 18% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.

$1,362/month

Average Rent

755 Sq Ft

Average Size

+1%

Change / Year

826

Available Apartments

Burnsville rent varies by unit size and layout:

  • Studio apartments in Burnsville average $1,221 per month.
  • One-bedroom apartments in Burnsville average $1,362 per month.
  • Two-bedroom apartments in Burnsville average $1,628 per month.
  • Three-bedroom apartments in Burnsville average $2,006 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,221/month
559 Sq Ft
One Bedroom
$1,362/month
755 Sq Ft
Two Bedroom
$1,628/month
1,047 Sq Ft
Three Bedroom
$2,006/month
1,275 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$2,144/month
1,331 Sq Ft
Three Bedroom
$2,091/month
1,460 Sq Ft
Four Bedroom
$3,029/month
2,248 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$1,840/month
1,010 Sq Ft
View Burnsville Apartments

How much has average rent changed in Burnsville, MN?

In the past year, rent has increased by 1%, which averages out to $15 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Burnsville, MN

September 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Burnsville, MN
Percentage*
Rent Range
0% Below $700/month
4% $700 - $1,000/month
39% $1,001 - $1,500/month
50% $1,501 - $2,000/month
7% Above $2,000/month

Rent by Neighborhood

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Burnsville?

Based on current rent prices, River Hills is the most affordable neighborhood in Burnsville.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
River Hills
$1,301/month
778 Sq Ft

What are the most expensive neighborhoods in Burnsville?

Based on current rent prices, River Hills is the most expensive neighborhood in Burnsville.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
River Hills
$1,301/month
778 Sq Ft

Which Burnsville neighborhoods have the most rentals available?

The neighborhood in Burnsville with the most apartments available is River Hills .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
River Hills
$1,301/month
778 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 $1,362, you’ll want to make about $4,540 per month or $54,480 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

826 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.

View the Burnsville Area Guide

Apartment Averages

River Hills

Burnsville, MN

River Hills

Burnsville, MN

Studio
$768/month
$768/month
One Bedroom
$1,105/month
$1,105/month
Two Bedroom
$1,436/month
$1,436/month
Three Bedroom
-
-
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Bloomington

    Bloomington

    Avg Rent: $1,425/month

  • Apple Valley

    Apple Valley

    Avg Rent: $1,504/month

  • Savage

    Savage

    Avg Rent: $1,462/month

  • Eagan

    Eagan

    Avg Rent: $1,473/month

  • Richfield

    Richfield

    Avg Rent: $1,191/month

  • Lakeville

    Lakeville

    Avg Rent: $1,574/month

  • Prior Lake

    Prior Lake

    Avg Rent: $1,507/month

  • Edina

    Edina

    Avg Rent: $1,665/month

Apartment Communities in Burnsville We Think You'll Love

The Overlook at Crystal Lake

The Overlook at Crystal Lake

15315 Maple Island Rd,
Burnsville, MN 55306

Studio - 3 Beds | $1,435 - $2,775

Flats at Neill Park

Flats at Neill Park

1995 136th St W,
Burnsville, MN 55337

Studio - 2 Beds | $1,478 - $2,352

Concorde Flats Apartment

Concorde Flats Apartment

501 Gateway Blvd,
Burnsville, MN 55337

Studio - 2 Beds | $1,345 - $2,250

Parkwood Pointe Apartments

Parkwood Pointe Apartments

12312 Parkwood Dr,
Burnsville, MN 55337

Studio - 2 Beds | $1,160 - $1,990

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Frequently Asked Questions

What is the average rent in Burnsville?

The average rent in Burnsville is $1,362 per month, which is 18.2% lower than the national average of $1,665.

What is the average rent for a house in Burnsville?

The average rent for a house in Burnsville, MN is $2,091 per month.

Are rents going up or down in Burnsville?

Rents in Burnsville, MN are increasing, with prices up 1.0% year-over-year and $15 more per month.

What rent range is most common in Burnsville?

In Burnsville, MN, 50% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.

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 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.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity