Lake Place
11445-11447 Anderson Lakes Pky,
Eden Prairie, MN 55344
2-3 Beds | $1,900 - $2,800
Rental Market Trends in Eden Prairie, MN
Updated September 2026
The average rent in Eden Prairie, MN is $1,596/month.
Rent in Eden Prairie is roughly equal to the national average rent of of $1,665/month.
$1,596/month
Average Rent
767 Sq Ft
Average Size
+2.2%
Change / Year
1,154
Available Apartments
Eden Prairie rent varies by unit size and layout:
- Studio apartments in Eden Prairie average $1,386 per month.
- One-bedroom apartments in Eden Prairie average $1,596 per month.
- Two-bedroom apartments in Eden Prairie average $1,969 per month.
- Three-bedroom apartments in Eden Prairie average $2,375 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Eden Prairie, MN?
In the past year, rent has increased by 2.2%, which averages out to $36 more per month.
Market Trends Over Time
September 2026
2025
2026
Rent Ranges in Eden Prairie, MN
September 2026
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
17%
$1,001 - $1,500/month
69%
$1,501 - $2,000/month
14%
Above $2,000/month
What salary do I need to live comfortably in Eden Prairie, MN?
Because the average rent in Eden Prairie is $1,596, you’ll want to make about $5,320 per month or $63,840 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.
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.
View the Eden Prairie Area GuideCompare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
-
Chanhassen
Avg Rent: $1,525/month
-
Shakopee
Avg Rent: $1,489/month
-
Edina
Avg Rent: $1,665/month
-
Minnetonka
Avg Rent: $1,688/month
-
Hopkins
Avg Rent: $1,356/month
-
Excelsior
Avg Rent: $1,276/month
-
Shorewood
Avg Rent: $1,095/month
-
Chaska
Avg Rent: $1,525/month
Apartment Communities in Eden Prairie We Think You'll Love
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Frequently Asked Questions
What is the average rent in Eden Prairie?
The average rent in Eden Prairie is $1,596 per month, which is 4.1% lower than the national average of $1,665.
What is the average rent for a house in Eden Prairie?
The average rent for a house in Eden Prairie, MN is $2,572 per month.
What is the average rent for a townhome in Eden Prairie?
The average rent for a townhome in Eden Prairie, MN is $1,977 per month.
What is the average rent for a condo in Eden Prairie?
The average rent for a condo in Eden Prairie, MN is $1,398 per month.
Are rents going up or down in Eden Prairie?
Rents in Eden Prairie, MN are increasing, with prices up 2.2% year-over-year and $36 more per month.
What rent range is most common in Eden Prairie?
In Eden Prairie, MN, 69% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.
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 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.