Aloma
4066 Lexington Ave N,
Shoreview, MN 55126
1-2 Beds | $1,450 - $3,080
Rental Market Trends in Shoreview, MN
What is the average rent in Shoreview, MN?
$1,492/month
Average Rent
732 Sq Ft
Average Apartment Size
+0.1%
Increase in the Last Year
As of July 2025, the average rent in Shoreview, MN is $1,492 per month. For comparison, the national average rent price in the US is currently $1,636/month, which means Shoreview rent prices are 9% lower than the national average. When you rent an apartment in Shoreview, you can expect to pay about $1,197 per month for a studio, $1,492 for a one-bedroom apartment, and around $1,897 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,664 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 Shoreview, MN?
In the past year, rent has increased by 0.1%, which averages out to $2 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 Shoreview, MN
Last Updated July 2025
$1,501 - $2,000
Most rental prices fall within this range
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
What are the most affordable neighborhoods in Shoreview?
Based on current rent prices, North Owasso Shores is the most affordable neighborhood in Shoreview.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Shoreview?
Based on current rent prices, North Owasso Shores is the most expensive neighborhood in Shoreview.
Neighborhood
Average Rent
Average Sq Ft
Which Shoreview neighborhoods have the most rentals available?
The neighborhood in Shoreview with the most apartments available is North Owasso Shores .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Shoreview, MN?
Because the average rent in Shoreview is $1,492, you’ll want to make about $4,973 per month or $59,676 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 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.
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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
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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.