Gray Stone Flats
2390 Mounds View Blvd,
Mounds View, MN 55112
Studio - 3 Beds | $1,581 - $2,149
Rental Market Trends in Mounds View, MN
What is the average rent in Mounds View, MN?
$1,242/month
Average Rent
733 Sq Ft
Average Apartment Size
+1.7%
Increase in the Last Year
As of May 2025, the average rent in Mounds View, MN is $1,242 per month. This is 24% lower than the national average rent of $1,625/month, making renting in Mounds View more affordable than most cities in the US. When you rent an apartment in Mounds View, you can expect to pay about $1,261 per month for a studio, $1,242 for a one-bedroom apartment, and around $1,446 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,188 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 Mounds View, MN?
In the past year, rent has increased by 1.7%, which averages out to $21 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 Mounds View, MN
Last Updated May 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
8%
$700 - $1,000/month
69%
$1,001 - $1,500/month
23%
$1,501 - $2,000/month
0%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Mounds View?
Based on current rent prices, Spring Lake Park Highlands is the most affordable neighborhood in Mounds View.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Mounds View?
Based on current rent prices, Spring Lake Park Highlands is the most expensive neighborhood in Mounds View.
Neighborhood
Average Rent
Average Sq Ft
Which Mounds View neighborhoods have the most rentals available?
The neighborhood in Mounds View with the most apartments available is Spring Lake Park Highlands .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Mounds View, MN?
Because the average rent in Mounds View is $1,242, you’ll want to make about $4,140 per month or $49,680 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 Mounds View, MN compare to other nearby cities and neighborhoods?
Use the tool below to compare Mounds View, 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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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.