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Rental Market Trends in Burnsville, MN

What is the average rent in Burnsville, MN?

$1,327/month

Average Rent

755 Sq Ft

Average Apartment Size

-0.8%

Decrease in the Last Year

Burnsville, MN Rental Market Overview

The average rent in Burnsville, MN is $1,327 per month. This is 19% lower than the national average rent of $1,644/month, making renting in Burnsville more affordable than most cities in the US.

  • Studio apartments in Burnsville average $1,200 per month.
  • One-bedroom apartments in Burnsville average $1,327 per month.
  • Two-bedroom apartments in Burnsville average $1,614 per month.
  • Three-bedroom apartments in Burnsville average $1,991 or more per month.

Data Updated: June, 2026

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,200/month
559 Sq Ft
One Bedroom
$1,327/month
755 Sq Ft
Two Bedroom
$1,614/month
1,050 Sq Ft
Three Bedroom
$1,991/month
1,271 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,075/month
1,339 Sq Ft
Four Bedroom
$3,109/month
2,298 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,147/month
1,412 Sq Ft

How much has average rent changed in Burnsville, MN?

In the past year, rent has decreased by 0.8%, which averages out to $11 less 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 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Burnsville, MN
Last Updated June 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
42% $1,001 - $1,500/month
44% $1,501 - $2,000/month
9% 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, Vista View, Wood Park and Southampton are the most affordable neighborhoods in Burnsville.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Vista View
$1,254/month
788 Sq Ft
Wood Park
$1,330/month
763 Sq Ft
Southampton
$1,371/month
776 Sq Ft

What are the most expensive neighborhoods in Burnsville?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Southampton
$1,371/month
776 Sq Ft
Wood Park
$1,330/month
763 Sq Ft
Vista View
$1,254/month
788 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 Southampton .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Vista View
$1,254/month
788 Sq Ft
Wood Park
$1,330/month
763 Sq Ft
Southampton
$1,371/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 $1,327, you’ll want to make about $4,423 per month or $53,076 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

1,144 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

Vista View

Burnsville, MN

Southampton

Burnsville, MN

Studio
$1,221/month
-
One Bedroom
$1,148/month
-
Two Bedroom
$1,514/month
-
Three Bedroom
$1,995/month
-
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

Flats at Neill Park

Flats at Neill Park

1995 136th St W,
Burnsville, MN 55337

$1,438 - $2,273 Total Monthly Price

Studio - 2 Beds

The Overlook at Crystal Lake

The Overlook at Crystal Lake

15315 Maple Island Rd,
Burnsville, MN 55306

$1,360 - $2,605 Total Monthly Price

Studio - 3 Beds | 12 Month Lease

Concorde Flats Apartment

Concorde Flats Apartment

501 Gateway Blvd,
Burnsville, MN 55337

$1,315 - $2,130 Total Monthly Price

Studio - 2 Beds | 12 Month Lease

Elevate on Parkway

Elevate on Parkway

1505 E Burnsville Pky,
Burnsville, MN 55337

$1,269 - $2,224 Total Monthly Price

1-3 Beds

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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 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