The Crossings at Inver Woods Apts & Townhomes
1462 E 80th St,
Inver Grove Heights, MN 55077
Studio - 3 Beds | $1,379 - $2,749
Rental Market Trends in Inver Grove Heights, MN
What is the average rent in Inver Grove Heights, MN?
$1,393/month
Average Rent
815 Sq Ft
Average Apartment Size
+4.2%
Increase in the Last Year
As of May 2025, the average rent in Inver Grove Heights, MN is $1,393 per month. For comparison, the national average rent price in the US is currently $1,627/month, which means Inver Grove Heights rent prices are 14% lower than the national average. When you rent an apartment in Inver Grove Heights, you can expect to pay about $1,205 per month for a studio, $1,393 for a one-bedroom apartment, and around $1,588 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,348 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 Inver Grove Heights, MN?
In the past year, rent has increased by 4.2%, which averages out to $60 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 2025
Legend
2024
2025
Rent Ranges in Inver Grove Heights, MN
Last Updated May 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
7%
$700 - $1,000/month
36%
$1,001 - $1,500/month
36%
$1,501 - $2,000/month
21%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Inver Grove Heights?
Based on current rent prices, Lake Cove Village and Schmidt Lake" are the most affordable neighborhoods in Inver Grove Heights.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Inver Grove Heights?
Based on current rent prices, Lake Cove Village and Schmidt Lake" are the most expensive neighborhoods in Inver Grove Heights.
Neighborhood
Average Rent
Average Sq Ft
Which Inver Grove Heights neighborhoods have the most rentals available?
The neighborhoods in Inver Grove Heights with the most apartments available are Lake Cove Village and Schmidt Lake" .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Inver Grove Heights, MN?
Because the average rent in Inver Grove Heights is $1,393, you’ll want to make about $4,643 per month or $55,716 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 Inver Grove Heights, MN compare to other nearby cities and neighborhoods?
Use the tool below to compare Inver Grove Heights, 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.
Studio
-
-
One Bedroom
-
-
Two Bedroom
$1,322/month
$1,322/month
Three Bedroom
-
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Nearby City Rent Trends
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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 February 2025.
* Percentages may not total 100 due to rounding.