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Rental Market Trends in New Brighton, MN

What is the average rent in New Brighton, MN?

$1,236/month

Average Rent

700 Sq Ft

Average Apartment Size

+2.4%

Increase in the Last Year

As of September 2025, the average rent in New Brighton, MN is $1,236 per month. This is 25% lower than the national average rent of $1,639/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 $1,048 per month for a studio, $1,236 for a one-bedroom apartment, and around $1,408 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,739 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,048/month
476 Sq Ft
One Bedroom
$1,236/month
700 Sq Ft
Two Bedroom
$1,408/month
913 Sq Ft
Three Bedroom
$1,739/month
1,102 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 2.4%, which averages out to $31 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 September 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in New Brighton, MN
Last Updated September 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in New Brighton, MN
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
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in New Brighton?

Based on current rent prices, Pike Lake Estates, Pike Lake Terrace and Redmond are the most affordable neighborhoods in New Brighton.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Pike Lake Estates
$1,176/month
608 Sq Ft
Pike Lake Terrace
$1,427/month
659 Sq Ft
Redmond
$1,439/month
723 Sq Ft
Lakeside Homes
$1,680/month
715 Sq Ft

What are the most expensive neighborhoods in New Brighton?

Based on current rent prices, Lakeside Homes, Redmond and Pike Lake Terrace are the most expensive neighborhoods in New Brighton.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Lakeside Homes
$1,680/month
715 Sq Ft
Redmond
$1,439/month
723 Sq Ft
Pike Lake Terrace
$1,427/month
659 Sq Ft
Pike Lake Estates
$1,176/month
608 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, Pike Lake Estates and Redmond .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Pike Lake Terrace
$1,427/month
659 Sq Ft
Pike Lake Estates
$1,176/month
608 Sq Ft
Redmond
$1,439/month
723 Sq Ft
Lakeside Homes
$1,680/month
715 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in New Brighton, MN?

Because the average rent in New Brighton is $1,236, you’ll want to make about $4,120 per month or $49,440 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

New Brighton, MN

400 Available Apartments for Rent

Search for Nearby Apartments

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.

Explore the Area Guide for New Brighton, MN

Apartment Averages

Pike Lake Estates

New Brighton, MN

Lakeside Homes

New Brighton, MN

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One Bedroom
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Two Bedroom
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Three Bedroom
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Nearby City Rent Trends

  • Arden Hills Average Rent
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Apartment communities in New Brighton we think you'll love

Oaks Landing 55+ Apartments

Oaks Landing 55+ Apartments

700 NW 7th St,
New Brighton, MN 55112

$1,225 - $1,987

Studio - 3 Beds

Welcome to Equinox Apartments

Welcome to Equinox Apartments

2808 Silver Ln NE,
Saint Anthony, MN 55421

$1,250 - $1,575

1 Bed

The Ruby

The Ruby

3750 Silver Lake Rd NE,
Saint Anthony, MN 55421

$1,449 - $3,635

Studio - 3 Beds

The Landings at Silver Lake Village

The Landings at Silver Lake Village

2551 38th Ave NE,
Saint Anthony, MN 55421

$1,605 - $5,063

Studio - 3 Beds

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United States Minnesota New Brighton 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 September 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity