Harbor District Apartments
2360 Commerce Blvd,
Mound, MN 55364
1 Bed | $1,395 - $1,495
Rental Market Trends in Mound, MN
What is the average rent in Mound, MN?
$1,229/month
Average Rent
700 Sq Ft
Average Apartment Size
+12.6%
Increase in the Last Year
As of June 2025, the average rent in Mound, MN is $1,229 per month. This is 24% lower than the national average rent of $1,627/month, making renting in Mound more affordable than most cities in the US. When you rent an apartment in Mound, you can expect to pay about $524 per month for a studio, $1,229 for a one-bedroom apartment, and around $1,635 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
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Floor Plan Type
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How much has average rent changed in Mound, MN?
In the past year, rent has increased by 12.6%, which averages out to $156 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 June 2025
Legend
2024
2025
Rent Ranges in Mound, MN
Last Updated June 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
17%
Below $700/month
0%
$700 - $1,000/month
50%
$1,001 - $1,500/month
17%
$1,501 - $2,000/month
17%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Mound?
Based on current rent prices, Lake Side Park Crockers and Seton Place" are the most affordable neighborhoods in Mound.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Mound?
Based on current rent prices, Seton Place and Lake Side Park Crockers" are the most expensive neighborhoods in Mound.
Neighborhood
Average Rent
Average Sq Ft
Which Mound neighborhoods have the most rentals available?
The neighborhoods in Mound with the most apartments available are Seton Place and Lake Side Park Crockers" .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Mound, MN?
Because the average rent in Mound is $1,229, you’ll want to make about $4,096 per month or $49,152 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 Mound, MN compare to other nearby cities and neighborhoods?
Use the tool below to compare Mound, 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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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 June 2025.
* Percentages may not total 100 due to rounding.