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Rental Market Trends in Burnsville, MN

Updated July 2026

The average rent in Burnsville, MN is $1,330/month.

Rent in Burnsville is 20% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$1,330/month

Average Rent

755 Sq Ft

Average Size

-1.4%

Change / Year

1,058

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 $1,330 per month.
  • Two-bedroom apartments in Burnsville average $1,620 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
$1,330/month
755 Sq Ft
Two Bedroom
$1,620/month
1,047 Sq Ft
Three Bedroom
$2,006/month
1,271 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$2,256/month
1,583 Sq Ft
Four Bedroom
$3,253/month
2,358 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$1,820/month
1,005 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$2,315/month
1,670 Sq Ft
View Burnsville Apartments

How much has average rent changed in Burnsville, MN?

In the past year, rent has decreased by 1.4%, which averages out to $18 less per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Burnsville, MN

July 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Burnsville, MN
Percentage*
Rent Range
0% Below $700/month
4% $700 - $1,000/month
46% $1,001 - $1,500/month
43% $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, Vista View, Wood Park and River Hills are the most affordable neighborhoods in Burnsville.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Vista View
$1,231/month
790 Sq Ft
Wood Park
$1,269/month
752 Sq Ft
River Hills
$1,288/month
773 Sq Ft

What are the most expensive neighborhoods in Burnsville?

Based on current rent prices, River Hills, Wood Park and Vista View are the most expensive neighborhoods in Burnsville.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
River Hills
$1,288/month
773 Sq Ft
Wood Park
$1,269/month
752 Sq Ft
Vista View
$1,231/month
790 Sq Ft

Which Burnsville neighborhoods have the most rentals available?

The neighborhoods in Burnsville with the most apartments available are Vista View, Wood Park and River Hills .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Vista View
$1,231/month
790 Sq Ft
Wood Park
$1,269/month
752 Sq Ft
River Hills
$1,288/month
773 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 $1,330, you’ll want to make about $4,433 per month or $53,196 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

1,058 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

Vista View

Burnsville, MN

River Hills

Burnsville, MN

Studio
$1,175/month
$768/month
One Bedroom
$1,095/month
$1,126/month
Two Bedroom
$1,444/month
$1,426/month
Three Bedroom
$1,830/month
-
View Rentals
View Rentals

Compare Rent Trends Nearby

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

  • Bloomington

    Bloomington

  • Apple Valley

    Apple Valley

  • Savage

    Savage

  • Eagan

    Eagan

  • Richfield

    Richfield

  • Lakeville

    Lakeville

  • Prior Lake

    Prior Lake

  • Edina

    Edina

Apartment Communities in Burnsville We Think You'll Love

Flats at Neill Park

Flats at Neill Park

1995 136th St W,
Burnsville, MN 55337

Studio - 2 Beds | $1,463 - $2,273

The Overlook at Crystal Lake

The Overlook at Crystal Lake

15315 Maple Island Rd,
Burnsville, MN 55306

Studio - 3 Beds | $1,285 - $2,775

Concorde Flats Apartment

Concorde Flats Apartment

501 Gateway Blvd,
Burnsville, MN 55337

Studio - 1 Bed | $1,325 - $1,625

Willoway Apartments

Willoway Apartments

13401 Morgan Ave S,
Burnsville, MN 55337

1-2 Beds | $1,315 - $1,725

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Frequently Asked Questions

What is the average rent in Burnsville?

The average rent in Burnsville is $1,330 per month, which is 20.0% lower than the national average of $1,663.

What is the average rent for a house in Burnsville?

The average rent for a house in Burnsville, MN is $2,256 per month.

Are rents going up or down in Burnsville?

Rents in Burnsville, MN are decreasing, with prices down 1.4% year-over-year and $18 less per month.

What rent range is most common in Burnsville?

In Burnsville, MN, 46% of apartments fall between $1,001 - $1,500/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 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.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity