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Rental Market Trends in Woodbury, MN

What is the average rent in Woodbury, MN?

$1,701/month

Average Rent

813 Sq Ft

Average Apartment Size

+4.5%

Increase in the Last Year

Woodbury, MN Rental Market Overview

The average rent in Woodbury, MN is $1,701 per month. For comparison, the national average rent price in the US is currently $1,644/month, which means Woodbury rent prices are 3% higher than the national average.

  • Studio apartments in Woodbury average $1,414 per month.
  • One-bedroom apartments in Woodbury average $1,701 per month.
  • Two-bedroom apartments in Woodbury average $2,019 per month.
  • Three-bedroom apartments in Woodbury average $2,707 or more per month.

Data Updated: June, 2026

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,414/month
549 Sq Ft
One Bedroom
$1,701/month
813 Sq Ft
Two Bedroom
$2,019/month
1,175 Sq Ft
Three Bedroom
$2,707/month
1,626 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,385/month
1,630 Sq Ft
Four Bedroom
$3,302/month
2,481 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,144/month
1,539 Sq Ft
Three Bedroom
$2,517/month
1,746 Sq Ft

How much has average rent changed in Woodbury, MN?

In the past year, rent has increased by 4.5%, which averages out to $77 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 June 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Woodbury, MN
Last Updated June 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Woodbury, MN
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
7% $1,001 - $1,500/month
44% $1,501 - $2,000/month
48% Above $2,000/month

Rent by Neighborhood

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

What are the most affordable neighborhoods in Woodbury?

Based on current rent prices, Woodbury/Afton/Lake Elmo is the most affordable neighborhood in Woodbury.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Woodbury/Afton/Lake Elmo
$1,767/month
826 Sq Ft

What are the most expensive neighborhoods in Woodbury?

Based on current rent prices, Woodbury/Afton/Lake Elmo is the most expensive neighborhood in Woodbury.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Woodbury/Afton/Lake Elmo
$1,767/month
826 Sq Ft

Which Woodbury neighborhoods have the most rentals available?

The neighborhood in Woodbury with the most apartments available is Woodbury/Afton/Lake Elmo .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Woodbury/Afton/Lake Elmo
$1,767/month
826 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Woodbury is $1,701, you’ll want to make about $5,670 per month or $68,040 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

Woodbury, MN

1,001 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Woodbury, 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 Woodbury, MN

Apartment Averages

Woodbury/Afton/Lake Elmo

Woodbury, MN

Woodbury/Afton/Lake Elmo

Woodbury, MN

Studio
$1,414/month
$1,414/month
One Bedroom
$1,697/month
$1,697/month
Two Bedroom
$2,061/month
$2,061/month
Three Bedroom
$2,759/month
$2,759/month
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Nearby City Rent Trends

  • South Saint Paul Average Rent
  • Lake Elmo Average Rent
  • Maplewood Average Rent
  • West Saint Paul Average Rent

Apartment communities in Woodbury we think you'll love

Beyond Woodbury

Beyond Woodbury

455 Karen Dr,
Woodbury, MN 55129

$1,368 - $2,856 Total Monthly Price

Studio - 3 Beds | 12 Month Lease

Seasons Villas

Seasons Villas

8630-8847 Summer Wind Alcove,
Woodbury, MN 55125

$2,006 - $2,422 Total Monthly Price

2 Beds

Aspire at CityPlace

Aspire at CityPlace

9000 City Place Blvd,
Woodbury, MN 55125

$1,765 - $3,802 Total Monthly Price

Studio - 3 Beds | 12 Month Lease

Grand Reserve

Grand Reserve

10285 Grand Forest Ln,
Woodbury, MN 55129

$1,832 - $7,790 Total Monthly Price

1-4 Beds

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United States Minnesota Woodbury 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