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Rental Market Trends in Burnsville, MN

What is the average rent in Burnsville, MN?

$1,326/month

Average Rent

757 Sq Ft

Average Apartment Size

-0.5%

Decrease in the Last Year

As of April 2026, the average rent in Burnsville, MN is $1,326 per month. This is 19% lower than the national average rent of $1,641/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 $1,189 per month for a studio, $1,326 for a one-bedroom apartment, and around $1,580 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,977 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,189/month
541 Sq Ft
One Bedroom
$1,326/month
757 Sq Ft
Two Bedroom
$1,580/month
1,049 Sq Ft
Three Bedroom
$1,977/month
1,270 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,309/month
1,661 Sq Ft
Four Bedroom
$3,182/month
2,719 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,872/month
1,189 Sq Ft

How much has average rent changed in Burnsville, MN?

In the past year, rent has decreased by 0.5%, which averages out to $7 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 April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Burnsville, MN
Last Updated April 2026
$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
41% $1,001 - $1,500/month
45% $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
$1,268/month
789 Sq Ft
Wood Park
$1,301/month
771 Sq Ft
Southampton
$1,312/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
$1,312/month
776 Sq Ft
Wood Park
$1,301/month
771 Sq Ft
Vista View
$1,268/month
789 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
$1,268/month
789 Sq Ft
Wood Park
$1,301/month
771 Sq Ft
Southampton
$1,312/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 $1,326, you’ll want to make about $4,420 per month or $53,040 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

1,176 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
$1,195/month
-
One Bedroom
$1,151/month
-
Two Bedroom
$1,506/month
-
Three Bedroom
$2,000/month
-
Search
Search

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

$1,375 - $2,595 Total Monthly Price

Studio - 3 Beds | 12 Month Lease

Flats at Neill Park

Flats at Neill Park

1995 136th St W,
Burnsville, MN 55337

$1,560 - $2,362 Total Monthly Price

Studio - 2 Beds

Provence

Provence

1711 W 143rd St,
Burnsville, MN 55306

$1,710 - $2,233 Plus Fees

Studio - 2 Beds

Concorde Flats Apartment

Concorde Flats Apartment

501 Gateway Blvd,
Burnsville, MN 55337

$1,515 - $1,865 Total Monthly Price

1-2 Beds | 12 Month Lease

Property Management Companies in Burnsville, MN

Highland Management Group
Highland Management Group
  • 33

    Communities

  • 3,849

    Units

  • 21

    Cities

4 Communities in Burnsville
Bader Companies
Bader Companies
  • 70

    Communities

  • 11,050

    Units

  • 24

    Cities

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

    Communities

  • 4,076

    Units

  • 18

    Cities

3 Communities in Burnsville
Shelter Corporation
Shelter Corporation
  • 18

    Communities

  • 2,705

    Units

  • 15

    Cities

3 Communities in Burnsville
Chase Real Estate
Chase Real Estate
  • 10

    Communities

  • 2,085

    Units

  • 8

    Cities

3 Communities in Burnsville
Greystar
Greystar
  • 3,486

    Communities

  • 959,009

    Units

  • 891

    Cities

2 Communities in Burnsville
Cushman & Wakefield
Cushman & Wakefield
  • 458

    Communities

  • 108,906

    Units

  • 227

    Cities

2 Communities in Burnsville
Birge & Held
Birge & Held
  • 106

    Communities

  • 22,421

    Units

  • 52

    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 February 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