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Rental Market Trends in Chaska, MN

What is the average rent in Chaska, MN?

$1,521/month

Average Rent

776 Sq Ft

Average Apartment Size

+0.8%

Increase in the Last Year

As of May 2026, the average rent in Chaska, MN is $1,521 per month. For comparison, the national average rent price in the US is currently $1,643/month, which means Chaska rent prices are 7% lower than the national average. When you rent an apartment in Chaska, you can expect to pay about $1,405 per month for a studio, $1,521 for a one-bedroom apartment, and around $1,783 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,124 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,405/month
606 Sq Ft
One Bedroom
$1,521/month
776 Sq Ft
Two Bedroom
$1,783/month
1,126 Sq Ft
Three Bedroom
$2,124/month
1,470 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$3,274/month
2,000 Sq Ft
Four Bedroom
$4,429/month
4,698 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Chaska, MN?

In the past year, rent has increased by 0.8%, which averages out to $13 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 May 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Chaska, MN
Last Updated May 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Chaska, MN
Percentage*
Rent Range
0% Below $700/month
5% $700 - $1,000/month
36% $1,001 - $1,500/month
41% $1,501 - $2,000/month
18% Above $2,000/month

What salary do I need to live comfortably in Chaska, MN?

Because the average rent in Chaska is $1,521, you’ll want to make about $5,070 per month or $60,840 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

Chaska, MN

477 Available Apartments for Rent

Search for Nearby Apartments

How does Chaska, MN compare to other nearby cities and neighborhoods?

Use the tool below to compare Chaska, 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.

Apartment Averages

Nearby City Rent Trends

  • Victoria Average Rent
  • Carver Average Rent
  • Shorewood Average Rent
  • Excelsior Average Rent
  • Eden Prairie Average Rent

Apartment communities in Chaska we think you'll love

The Carver Apartments

The Carver Apartments

3200 Clover Ridge dr,
Chaska, MN 55318

$1,548 - $2,400 Total Monthly Price

1-2 Beds

Fenview Flats

Fenview Flats

1600 Clover Ridge Dr,
Chaska, MN 55318

$1,420 - $2,595 Total Monthly Price

1-3 Beds

Shakopee Flats

Shakopee Flats

125 Scott St N,
Shakopee, MN 55379

$1,244 - $2,100 Plus Fees

Studio - 2 Beds

Rowe

Rowe

7980 Rose St,
Victoria, MN 55386

$1,519 - $3,470 Total Monthly Price

1-3 Beds

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United States Minnesota Chaska 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