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Rental Market Trends in Spring Lake Park, MN

Updated August 2026

The average rent in Spring Lake Park, MN is $1,163/month.

Rent in Spring Lake Park is 30% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$1,163/month

Average Rent

735 Sq Ft

Average Size

+4.2%

Change / Year

86

Available Apartments

Spring Lake Park rent varies by unit size and layout:

  • Studio apartments in Spring Lake Park average per month.
  • One-bedroom apartments in Spring Lake Park average $1,163 per month.
  • Two-bedroom apartments in Spring Lake Park average $1,371 per month.
  • Three-bedroom apartments in Spring Lake Park average $1,462 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,163/month
735 Sq Ft
Two Bedroom
$1,371/month
880 Sq Ft
Three Bedroom
$1,462/month
967 Sq Ft
View Spring Lake Park Apartments

How much has average rent changed in Spring Lake Park, MN?

In the past year, rent has increased by 4.2%, which averages out to $50 more per month.

Market Trends Over Time

August 2026

2025 2026
Market Trends Over Time

Rent Ranges in Spring Lake Park, MN

August 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Spring Lake Park, MN
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
100% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Spring Lake Park, MN?

Because the average rent in Spring Lake Park is $1,163, you’ll want to make about $3,876 per month or $46,512 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

Spring Lake Park, MN

86 Available Apartments for Rent

Search for Nearby Apartments

How does Spring Lake Park, MN compare to other nearby cities and neighborhoods?

Use the tool below to compare Spring Lake Park, 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.

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Mounds View

    Mounds View

    Avg Rent: $1,305/month

  • Fridley

    Fridley

    Avg Rent: $1,220/month

  • Lexington

    Lexington

    Avg Rent: $1,592/month

  • Blaine

    Blaine

    Avg Rent: $1,503/month

  • New Brighton

    New Brighton

    Avg Rent: $1,270/month

  • Columbia Heights

    Columbia Heights

    Avg Rent: $1,128/month

  • Brooklyn Park

    Brooklyn Park

    Avg Rent: $1,330/month

  • Circle Pines

    Circle Pines

    Avg Rent: $1,439/month

Apartment Communities in Spring Lake Park We Think You'll Love

The Legends of Spring Lake Park 55+ Living

The Legends of Spring Lake Park 55+ Living

1066 County Highway 10 NE,
Spring Lake Park, MN 55432

1-3 Beds | $1,417 - $1,698

Northtown Village Apartments

Northtown Village Apartments

7779-7899 University Ave NE,
Spring Lake Park, MN 55432

1-2 Beds | $1,160 - $1,510

Springbrook

Springbrook

111 83rd Ave NE,
Fridley, MN 55432

1-4 Beds | $1,347 - $2,379

Cottages of Spring Lake Park

Cottages of Spring Lake Park

8263 Fillmore St NE,
Spring Lake Park, MN 55432

1 Bed | $1,296

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Frequently Asked Questions

What is the average rent in Spring Lake Park?

The average rent in Spring Lake Park is $1,163 per month, which is 30.1% lower than the national average of $1,663.

Are rents going up or down in Spring Lake Park?

Rents in Spring Lake Park, MN are increasing, with prices up 4.2% year-over-year and $50 more per month.

What rent range is most common in Spring Lake Park?

In Spring Lake Park, MN, 100% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

United States Minnesota Spring Lake Park 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 June 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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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity