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Rental Market Trends in Spring Lake Park, MN

What is the average rent in Spring Lake Park, MN?

$1,132/month

Average Rent

735 Sq Ft

Average Apartment Size

-0.3%

Decrease in the Last Year

As of April 2026, the average rent in Spring Lake Park, MN is $1,132 per month. This is 30% lower than the national average rent of $1,627/month, making renting in Spring Lake Park more affordable than most cities in the US. When you rent an apartment in Spring Lake Park, you can expect to pay about per month for a studio, $1,132 for a one-bedroom apartment, and around $1,354 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,469 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,132/month
735 Sq Ft
Two Bedroom
$1,354/month
888 Sq Ft
Three Bedroom
$1,469/month
967 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 Spring Lake Park, MN?

In the past year, rent has decreased by 0.3%, which averages out to $3 less 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 Spring Lake Park, MN
Last Updated April 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 $1,132, you’ll want to make about $3,773 per month or $45,276 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

74 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

Nearby City Rent Trends

  • Mounds View Average Rent
  • Fridley Average Rent
  • Blaine Average Rent
  • New Brighton Average Rent
  • Columbia Heights Average Rent
  • Brooklyn Park Average Rent

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

$1,399 - $1,905 Plus Fees

1-3 Beds | 12 Month Lease

Northtown Village Apartments

Northtown Village Apartments

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

$1,155 - $1,460 Plus Fees

1-2 Beds | 12 Month Lease

Springbrook

Springbrook

111 83rd Ave NE,
Fridley, MN 55432

$1,327 - $3,838 Plus Fees

1-4 Beds

Cottages of Spring Lake Park - 55+ Community

Cottages of Spring Lake Park - 55+ Community

8263 Fillmore St NE,
Spring Lake Park, MN 55432

$1,371 Total Monthly Price

2 Beds

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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 February 2026.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity