Harbor District Apartments
2360 Commerce Blvd,
Mound, MN 55364
1 Bed | $1,395 - $1,425
Rental Market Trends in Mound, MN
Updated August 2026
The average rent in Mound, MN is $1,185/month.
Rent in Mound is 29% lower than the national average rent of $1,664/month, making this one of the less expensive cities statewide.
$1,185/month
Average Rent
733 Sq Ft
Average Size
-2.7%
Change / Year
40
Available Apartments
Mound rent varies by unit size and layout:
- Studio apartments in Mound average $529 per month.
- One-bedroom apartments in Mound average $1,185 per month.
- Two-bedroom apartments in Mound average $1,593 per month.
- Three-bedroom apartments in Mound average or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Mound, MN?
In the past year, rent has decreased by 2.7%, which averages out to $31 less per month.
Market Trends Over Time
August 2026
2025
2026
Rent Ranges in Mound, MN
August 2026
$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
What salary do I need to live comfortably in Mound, MN?
Because the average rent in Mound is $1,185, you’ll want to make about $3,950 per month or $47,400 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.
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
-
Spring Park
Avg Rent: $1,511/month
-
Minnetrista
Avg Rent: $1,886/month
-
Tonka Bay
Avg Rent: $2,012/month
-
Shorewood
Avg Rent: $1,095/month
-
Excelsior
Avg Rent: $1,276/month
Apartment Communities in Mound We Think You'll Love
Rental Management, Simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
Guides for Managing Your Rental
Frequently Asked Questions
What is the average rent in Mound?
The average rent in Mound is $1,185 per month, which is 28.8% lower than the national average of $1,664.
Are rents going up or down in Mound?
Rents in Mound, MN are decreasing, with prices down 2.7% year-over-year and $31 less per month.
What rent range is most common in Mound?
In Mound, MN, 50% of apartments fall between $1,001 - $1,500/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 June 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.