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Rental Market Trends in New Brighton, MN

What is the average rent in New Brighton, MN?

$1,269/month

Average Rent

700 Sq Ft

Average Apartment Size

+2.1%

Increase in the Last Year

As of April 2026, the average rent in New Brighton, MN is $1,269 per month. This is 23% lower than the national average rent of $1,641/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 $1,083 per month for a studio, $1,269 for a one-bedroom apartment, and around $1,427 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,784 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,083/month
476 Sq Ft
One Bedroom
$1,269/month
700 Sq Ft
Two Bedroom
$1,427/month
910 Sq Ft
Three Bedroom
$1,784/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 2.1%, 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 April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in New Brighton, MN
Last Updated April 2026
$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, Redmond and Pike Lake Terrace" are the most affordable neighborhoods in New Brighton.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Redmond
$1,322/month
723 Sq Ft
Pike Lake Terrace
$1,752/month
716 Sq Ft

What are the most expensive neighborhoods in New Brighton?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Pike Lake Terrace
$1,752/month
716 Sq Ft
Redmond
$1,322/month
723 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 Redmond" .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Pike Lake Terrace
$1,752/month
716 Sq Ft
Redmond
$1,322/month
723 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 $1,269, you’ll want to make about $4,230 per month or $50,760 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

440 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

Redmond

New Brighton, MN

Pike Lake Terrace

New Brighton, MN

Studio
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-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
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-
Search
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Nearby City Rent Trends

  • Arden Hills Average Rent
  • Columbia Heights Average Rent
  • Saint Anthony Average Rent
  • Mounds View Average Rent
  • Fridley Average Rent
  • Shoreview Average Rent
  • Roseville Average Rent

Apartment communities in New Brighton we think you'll love

Equinox

Equinox

2808 Silver Ln NE,
Saint Anthony, MN 55421

$1,345 - $1,870 Plus Fees

1-2 Beds | 12 Month Lease

Oaks Landing 55+ Apartments

Oaks Landing 55+ Apartments

700 NW 7th St,
New Brighton, MN 55112

$1,264 - $1,616 Plus Fees

1-2 Beds

The Ruby

The Ruby

3750 Silver Lake Rd NE,
Saint Anthony, MN 55421

$1,599 - $3,599 Plus Fees

1-3 Beds

Greenfield Estates

Greenfield Estates

7635 Greenfield Ave,
Mounds View, MN 55112

$1,150 - $1,450 Plus Fees

1-2 Beds | 12 Month Lease

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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 February 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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© 2026 CoStar Group, Inc.

Equal Housing Opportunity