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Rental Market Trends in Shoreview, MN

What is the average rent in Shoreview, MN?

$1,463/month

Average Rent

658 Sq Ft

Average Apartment Size

+2.2%

Increase in the Last Year

As of November 2025, the average rent in Shoreview, MN is $1,463 per month. For comparison, the national average rent price in the US is currently $1,631/month, which means Shoreview rent prices are 10% lower than the national average. When you rent an apartment in Shoreview, you can expect to pay about $1,222 per month for a studio, $1,463 for a one-bedroom apartment, and around $1,905 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,621 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,222/month
539 Sq Ft
One Bedroom
$1,463/month
658 Sq Ft
Two Bedroom
$1,905/month
1,069 Sq Ft
Three Bedroom
$2,621/month
1,412 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,093/month
937 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 Shoreview, MN?

In the past year, rent has increased by 2.2%, which averages out to $32 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 November 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Shoreview, MN
Last Updated November 2025
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Shoreview, MN
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
33% $1,001 - $1,500/month
56% $1,501 - $2,000/month
11% Above $2,000/month

Rent by Neighborhood

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

What are the most affordable neighborhoods in Shoreview?

Based on current rent prices, North Owasso Shores and Village at Rice Creek" are the most affordable neighborhoods in Shoreview.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
North Owasso Shores
$1,320/month
750 Sq Ft
Village at Rice Creek
$1,790/month
821 Sq Ft

What are the most expensive neighborhoods in Shoreview?

Based on current rent prices, Village at Rice Creek and North Owasso Shores" are the most expensive neighborhoods in Shoreview.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Village at Rice Creek
$1,790/month
821 Sq Ft
North Owasso Shores
$1,320/month
750 Sq Ft

Which Shoreview neighborhoods have the most rentals available?

The neighborhoods in Shoreview with the most apartments available are Village at Rice Creek and North Owasso Shores" .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Village at Rice Creek
$1,790/month
821 Sq Ft
North Owasso Shores
$1,320/month
750 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Shoreview is $1,463, you’ll want to make about $4,876 per month or $58,512 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

Shoreview, MN

572 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Shoreview, 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 Shoreview, MN

Apartment Averages

North Owasso Shores

Shoreview, MN

Village at Rice Creek

Shoreview, MN

Studio
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One Bedroom
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-
Two Bedroom
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Three Bedroom
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Search
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Apartment communities in Shoreview we think you'll love

Centennial Commons

Centennial Commons

2829 Pascal St,
Roseville, MN 55113

$928 - $1,931 Plus Fees

Studio - 3 Beds

Arden Flats

Arden Flats

1290 County Road F W,
Arden Hills, MN 55112

$1,550 - $2,000 Plus Fees

1-3 Beds | 12 Month Lease

Rosedale Estates

Rosedale Estates

2835 Rice St,
Roseville, MN 55113

$1,099 - $2,085 Plus Fees

Studio - 2 Beds

Lakeview Terrace

Lakeview Terrace

3595 Owasso St,
Shoreview, MN 55126

$2,200 - $2,900 Plus Fees

2 Beds

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United States Minnesota Shoreview 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.

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Equal Housing Opportunity