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Rental Market Trends in Edina, MN

What is the average rent in Edina, MN?

$1,650/month

Average Rent

758 Sq Ft

Average Apartment Size

+1.1%

Increase in the Last Year

As of April 2026, the average rent in Edina, MN is $1,650 per month. For comparison, the national average rent price in the US is currently $1,641/month, which means Edina rent prices are 1% higher than the national average. When you rent an apartment in Edina, you can expect to pay about $1,388 per month for a studio, $1,650 for a one-bedroom apartment, and around $2,310 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,374 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,388/month
533 Sq Ft
One Bedroom
$1,650/month
758 Sq Ft
Two Bedroom
$2,310/month
1,125 Sq Ft
Three Bedroom
$3,374/month
1,432 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$3,512/month
1,994 Sq Ft
Four Bedroom
$4,863/month
2,699 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,329/month
720 Sq Ft
Two Bedroom
$2,206/month
1,034 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,456/month
1,538 Sq Ft

How much has average rent changed in Edina, MN?

In the past year, rent has increased by 1.1%, which averages out to $18 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 April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Edina, MN
Last Updated April 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Edina, MN
Percentage*
Rent Range
0% Below $700/month
5% $700 - $1,000/month
39% $1,001 - $1,500/month
26% $1,501 - $2,000/month
30% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Edina?

Based on current rent prices, Cedars of Edina is the most affordable neighborhood in Edina.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Cedars of Edina
$1,536/month
779 Sq Ft

What are the most expensive neighborhoods in Edina?

Based on current rent prices, Cedars of Edina is the most expensive neighborhood in Edina.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Cedars of Edina
$1,536/month
779 Sq Ft

Which Edina neighborhoods have the most rentals available?

The neighborhood in Edina with the most apartments available is Cedars of Edina .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Cedars of Edina
$1,536/month
779 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Edina is $1,650, you’ll want to make about $5,500 per month or $66,000 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

Edina, MN

2,341 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Edina, 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 Edina, MN

Apartment Averages

Cedars of Edina

Edina, MN

Cedars of Edina

Edina, MN

Studio
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One Bedroom
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Two Bedroom
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Three Bedroom
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Search
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Nearby City Rent Trends

  • Hopkins Average Rent
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  • Bloomington Average Rent
  • Eden Prairie Average Rent
  • Golden Valley Average Rent
  • Minneapolis Average Rent

Apartment communities in Edina we think you'll love

The Finch

The Finch

4620 W 77th St,
Edina, MN 55435

$1,929 - $3,849 Total Monthly Price

1-2 Beds

Cedars of Edina Apartments

Cedars of Edina Apartments

7340 Gallagher Dr,
Edina, MN 55435

$1,350 - $2,255 Plus Fees

Studio - 2 Beds | 12 Month Lease

The Loden

The Loden

5995 Lincoln Dr,
Edina, MN 55436

$1,724 - $3,434 Plus Fees

Studio - 2 Beds

Millennium Edina

Millennium Edina

3250 W 66th St,
Edina, MN 55435

$2,500 Plus Fees

Studio - 3 Beds | 12 Month Lease

Property Management Companies in Edina, MN

Highland Management Group
Highland Management Group
  • 33

    Communities

  • 3,849

    Units

  • 21

    Cities

7 Communities in Edina
Greystar
Greystar
  • 3,487

    Communities

  • 959,658

    Units

  • 891

    Cities

6 Communities in Edina
Kleinman Realty
Kleinman Realty
  • 68

    Communities

  • 3,946

    Units

  • 23

    Cities

6 Communities in Edina
Main Street Companies, Inc.
Main Street Companies, Inc.
  • 11

    Communities

  • 738

    Units

  • 7

    Cities

4 Communities in Edina
Willow Bridge
Willow Bridge
  • 717

    Communities

  • 198,214

    Units

  • 340

    Cities

3 Communities in Edina
Level 10 Management
Level 10 Management
  • 30

    Communities

  • 2,485

    Units

  • 17

    Cities

3 Communities in Edina
Enclave
Enclave
  • 35

    Communities

  • 5,746

    Units

  • 15

    Cities

3 Communities in Edina
Doran Companies
Doran Companies
  • 15

    Communities

  • 2,569

    Units

  • 13

    Cities

3 Communities in Edina

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United States Minnesota Edina 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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Equal Housing Opportunity