Lake Place Luxury Apartments & Townhomes
11445-11447 Anderson Lakes Pky,
Eden Prairie, MN 55344
$1,450 - $2,800 Plus Fees
1-3 Beds
Rental Market Trends in Eden Prairie, MN
What is the average rent in Eden Prairie, MN?
$1,556/month
Average Rent
765 Sq Ft
Average Apartment Size
+2%
Increase in the Last Year
As of October 2025, the average rent in Eden Prairie, MN is $1,556 per month. For comparison, the national average rent price in the US is currently $1,630/month, which means Eden Prairie rent prices are 5% lower than the national average. When you rent an apartment in Eden Prairie, you can expect to pay about $1,315 per month for a studio, $1,556 for a one-bedroom apartment, and around $1,936 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,378 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average 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 Eden Prairie, MN?
In the past year, rent has increased by 2%, which averages out to $32 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 October 2025
Legend
2024
2025
Rent Ranges in Eden Prairie, MN
Last Updated October 2025
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
10%
$1,001 - $1,500/month
76%
$1,501 - $2,000/month
14%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Eden Prairie?
Based on current rent prices, Mitchell Village West, Westgate and Fairway Woods Condominiums are the most affordable neighborhoods in Eden Prairie.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Eden Prairie?
Based on current rent prices, Northmark, Eden Lake North and Fairway Woods Condominiums are the most expensive neighborhoods in Eden Prairie.
Neighborhood
Average Rent
Average Sq Ft
Which Eden Prairie neighborhoods have the most rentals available?
The neighborhoods in Eden Prairie with the most apartments available are Fairway Woods Condominiums, Westgate and Northmark .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Eden Prairie, MN?
Because the average rent in Eden Prairie is $1,556, you’ll want to make about $5,186 per month or $62,232 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.
How does Eden Prairie, MN compare to other nearby cities and neighborhoods?
Use the tool below to compare Eden Prairie, 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.
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One Bedroom
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Two Bedroom
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Three Bedroom
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Nearby City Rent Trends
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Highland Management Group
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Heartland Realty Investors
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Oaks Properties
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-
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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 2025.
* Percentages may not total 100 due to rounding.