Oaks Landing 55+ Apartments
700 NW 7th St,
New Brighton, MN 55112
Studio - 3 Beds | $1,225 - $1,987
Rental Market Trends in New Brighton, MN
What is the average rent in New Brighton, MN?
$1,232/month
Average Rent
701 Sq Ft
Average Apartment Size
+2.1%
Increase in the Last Year
As of July 2025, the average rent in New Brighton, MN is $1,232 per month. This is 25% lower than the national average rent of $1,637/month, making renting in New Brighton more affordable than most cities in the US. When you rent an apartment in New Brighton, you can expect to pay about $1,079 per month for a studio, $1,232 for a one-bedroom apartment, and around $1,388 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,744 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 New Brighton, MN?
In the past year, rent has increased by 2.1%, which averages out to $27 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 2025
Legend
2024
2025
Rent Ranges in New Brighton, MN
Last Updated July 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
15%
$700 - $1,000/month
78%
$1,001 - $1,500/month
4%
$1,501 - $2,000/month
4%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in New Brighton?
Based on current rent prices, Pike Lake Estates and Pike Lake Terrace" are the most affordable neighborhoods in New Brighton.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in New Brighton?
Based on current rent prices, Pike Lake Terrace and Pike Lake Estates" are the most expensive neighborhoods in New Brighton.
Neighborhood
Average Rent
Average Sq Ft
Which New Brighton neighborhoods have the most rentals available?
The neighborhoods in New Brighton with the most apartments available are Pike Lake Terrace and Pike Lake Estates" .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in New Brighton, MN?
Because the average rent in New Brighton is $1,232, you’ll want to make about $4,106 per month or $49,272 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 New Brighton, MN compare to other nearby cities and neighborhoods?
Use the tool below to compare New Brighton, 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.