• Renter Tools
    • Favorites
    • Saved Searches
  • Manage Rentals
  • Apartments For Rent
    • Bloomington Apartments For Rent
    • Burnsville Apartments For Rent
    • Eden Prairie Apartments For Rent
    • Edina Apartments For Rent
    • Maple Grove Apartments For Rent
    • Maplewood Apartments For Rent
    • Minneapolis Apartments For Rent
    • Minnetonka Apartments For Rent
    • Roseville Apartments For Rent
    • Saint Cloud Apartments For Rent
  • Houses For Rent
    • Blaine Houses For Rent
    • Burnsville Houses For Rent
    • Coon Rapids Houses For Rent
    • Eden Prairie Houses For Rent
    • Edina Houses For Rent
    • Golden Valley Houses For Rent
    • Hassan Houses For Rent
    • Maple Grove Houses For Rent
    • Minneapolis Houses For Rent
    • Minnetonka Houses For Rent
  • Condos For Rent
    • Bloomington Condos For Rent
    • Eden Prairie Condos For Rent
    • Edina Condos For Rent
    • Fridley Condos For Rent
    • Golden Valley Condos For Rent
    • Hopkins Condos For Rent
    • Maple Grove Condos For Rent
    • Minneapolis Condos For Rent
    • Minnetonka Condos For Rent
    • Paynesville Condos For Rent
  • Townhomes For Rent
    • Blaine Townhomes For Rent
    • Eden Prairie Townhomes For Rent
    • Edina Townhomes For Rent
    • Hassan Townhomes For Rent
    • Lake Elmo Townhomes For Rent
    • Lakeville Townhomes For Rent
    • Maple Grove Townhomes For Rent
    • Maplewood Townhomes For Rent
    • Minneapolis Townhomes For Rent
    • New Richmond Townhomes For Rent
  • Help Center
  • Area Guide
  • Rent Calculator
  • Property Management Companies

Language

Apartments.com Logo
Manage Rentals      Sign Up / Sign In
Add a Property

Rental Market Trends in Plymouth, MN

What is the average rent in Plymouth, MN?

$1,486/month

Average Rent

791 Sq Ft

Average Apartment Size

+4.2%

Increase in the Last Year

As of December 2025, the average rent in Plymouth, MN is $1,486 per month. For comparison, the national average rent price in the US is currently $1,631/month, which means Plymouth rent prices are 9% lower than the national average. When you rent an apartment in Plymouth, you can expect to pay about $1,216 per month for a studio, $1,486 for a one-bedroom apartment, and around $1,774 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,325 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,216/month
518 Sq Ft
One Bedroom
$1,486/month
791 Sq Ft
Two Bedroom
$1,774/month
1,107 Sq Ft
Three Bedroom
$2,325/month
1,318 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,435/month
1,136 Sq Ft
Three Bedroom
$3,993/month
2,283 Sq Ft
Four Bedroom
$4,026/month
2,913 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,939/month
1,384 Sq Ft
Three Bedroom
$2,427/month
1,726 Sq Ft

How much has average rent changed in Plymouth, MN?

In the past year, rent has increased by 4.2%, which averages out to $63 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 December 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Plymouth, MN
Last Updated December 2025
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Plymouth, MN
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
37% $1,001 - $1,500/month
49% $1,501 - $2,000/month
15% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Plymouth?

Based on current rent prices, Plymouth-Wayzata, Parkers Lake and Medicine Lake are the most affordable neighborhoods in Plymouth.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Plymouth-Wayzata
$1,662/month
797 Sq Ft
Parkers Lake
$1,662/month
783 Sq Ft
Medicine Lake
$1,737/month
779 Sq Ft
Bass Lake Terrace
$1,753/month
868 Sq Ft

What are the most expensive neighborhoods in Plymouth?

Based on current rent prices, Bass Lake Terrace, Medicine Lake and Plymouth-Wayzata are the most expensive neighborhoods in Plymouth.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Bass Lake Terrace
$1,753/month
868 Sq Ft
Medicine Lake
$1,737/month
779 Sq Ft
Plymouth-Wayzata
$1,662/month
797 Sq Ft
Parkers Lake
$1,662/month
783 Sq Ft

Which Plymouth neighborhoods have the most rentals available?

The neighborhoods in Plymouth with the most apartments available are Medicine Lake, Plymouth-Wayzata and Parkers Lake .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Medicine Lake
$1,737/month
779 Sq Ft
Plymouth-Wayzata
$1,662/month
797 Sq Ft
Parkers Lake
$1,662/month
783 Sq Ft
Bass Lake Terrace
$1,753/month
868 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Plymouth is $1,486, you’ll want to make about $4,953 per month or $59,436 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

Plymouth, MN

1,348 Available Apartments for Rent

Search for Nearby Apartments

How does Plymouth, MN compare to other nearby cities and neighborhoods?

Use the tool below to compare Plymouth, 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 Plymouth, MN

Apartment Averages

Plymouth-Wayzata

Plymouth, MN

Bass Lake Terrace

Plymouth, MN

Studio
$1,438/month
-
One Bedroom
$1,543/month
-
Two Bedroom
$1,739/month
-
Three Bedroom
$2,228/month
-
Search
Search

Nearby City Rent Trends

  • New Hope Average Rent
  • Wayzata Average Rent
  • Crystal Average Rent
  • Golden Valley Average Rent
  • Maple Grove Average Rent

Apartment communities in Plymouth we think you'll love

CURRENTS

CURRENTS

3205 Harbor Ln N,
Plymouth, MN 55447

$1,064 - $1,745 Plus Fees

Studio - 2 Beds | 13 Month Lease

Quinn at Plymouth

Quinn at Plymouth

6110 Quinwood Ln N,
Plymouth, MN 55442

$1,495 - $2,995 Plus Fees

1-3 Beds

Vale

Vale

11816 Wayzata Blvd,
Minnetonka, MN 55305

$1,879 - $3,729 Total Monthly Price

1-3 Beds

Arrive Minnetonka

Arrive Minnetonka

300 Carlson Pky,
Minnetonka, MN 55305

$1,475 - $2,215 Plus Fees

1-2 Beds

Property Management Companies in Plymouth, MN

Bigos Management
Bigos Management
  • 53

    Communities

  • 10,059

    Units

  • 23

    Cities

6 Communities in Plymouth
Centerspace
Centerspace
  • 51

    Communities

  • 10,980

    Units

  • 26

    Cities

4 Communities in Plymouth
Greystar
Greystar
  • 3,449

    Communities

  • 950,978

    Units

  • 876

    Cities

3 Communities in Plymouth
Trinity Property Consultants
Trinity Property Consultants
  • 163

    Communities

  • 42,609

    Units

  • 97

    Cities

3 Communities in Plymouth
CSM Corporation
CSM Corporation
  • 15

    Communities

  • 2,563

    Units

  • 12

    Cities

3 Communities in Plymouth
FPA Multifamily LLC
FPA Multifamily LLC
  • 67

    Communities

  • 13,606

    Units

  • 54

    Cities

2 Communities in Plymouth
Bader Companies
Bader Companies
  • 73

    Communities

  • 11,202

    Units

  • 26

    Cities

2 Communities in Plymouth
Kleinman Realty
Kleinman Realty
  • 59

    Communities

  • 3,674

    Units

  • 20

    Cities

2 Communities in Plymouth

Learn More with Helpful Articles

The Benefits of Renters Insurance

Better safe than sorry! Protect yourself(and your stuff) with renters insurance.

9 Money Saving Tips for Relocating

Save money and start fresh using these tips and tricks.

Everything You Need To Know About Self-Guided Apartment Tours

Explore great finds on your own time.

How Much Should I Spend on Rent?

It's time to break down your budget and calculate costs.

Explore the Renterverse

Rental management, simplified

Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com

Start managing your rentals
United States Minnesota Plymouth 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 November 2025.

* Percentages may not total 100 due to rounding.

  • About Us
  • Advertise
  • Legal Notices
  • Privacy Notice
  • Avoid Scams
  • Accessibility
  • Blog
  • Sitemap
apartments.com
© 2025 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2025 CoStar Group, Inc.

Equal Housing Opportunity