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Rental Market Trends in Mounds View, MN

What is the average rent in Mounds View, MN?

$1,304/month

Average Rent

756 Sq Ft

Average Apartment Size

+3.1%

Increase in the Last Year

Mounds View, MN Rental Market Overview

The average rent in Mounds View, MN is $1,304 per month. This is 22% lower than the national average rent of $1,662/month, making renting in Mounds View more affordable than most cities in the US.

  • Studio apartments in Mounds View average $1,255 per month.
  • One-bedroom apartments in Mounds View average $1,304 per month.
  • Two-bedroom apartments in Mounds View average $1,463 per month.
  • Three-bedroom apartments in Mounds View average $2,221 or more per month.

Data Updated: July 1, 2026

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,255/month
560 Sq Ft
One Bedroom
$1,304/month
756 Sq Ft
Two Bedroom
$1,463/month
984 Sq Ft
Three Bedroom
$2,221/month
991 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 3.1%, which averages out to $41 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 July 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Mounds View, MN
Last Updated July 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Mounds View, MN
Percentage*
Rent Range
0% Below $700/month
8% $700 - $1,000/month
77% $1,001 - $1,500/month
15% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Mounds View is $1,304, you’ll want to make about $4,346 per month or $52,152 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.

City

Mounds View, MN

161 Available Apartments for Rent

Search for Nearby Apartments

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.

Explore the Area Guide for Mounds View, MN

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Fridley

    Fridley

  • Shoreview

    Shoreview

  • Blaine

    Blaine

Apartment Communities in Mounds View We Think You'll Love

Greenfield Estates

Greenfield Estates

7635 Greenfield Ave,
Mounds View, MN 55112

1-2 Beds | $1,150 - $1,450

Ridgewood Apartments

Ridgewood Apartments

7501-7511 Greenfield Ave,
Mounds View, MN 55112

1-2 Beds | $1,249 - $1,399

Gray Stone Flats

Gray Stone Flats

2390 Mounds View Blvd,
Mounds View, MN 55112

Studio - 3 Beds | $1,347 - $2,585

H2 Flats

H2 Flats

2659 County Road H2,
Mounds View, MN 55112

1-2 Beds | $1,249 - $1,489

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Frequently Asked Questions

What is the average rent in Mounds View?

The average rent in Mounds View is $1,304 per month, which is 21.5% lower than the national average of $1,662.

Are rents going up or down in Mounds View?

Rents in Mounds View, MN are increasing, with prices up 3.1% year-over-year and $41 more per month.

What rent range is most common in Mounds View?

In Mounds View, MN, 77% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

United States Minnesota Mounds View 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 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.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity