Last updated
Average Rent in Edina 55435 & Rent Trends
Rent prices and market trends across 1 apartment community in Edina 55435, Bloomington, MN. Updated daily.
Market Average
$4,852/mo
Lowest Available
$3,165/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
10
available now
Price Cuts This Week in Edina 55435
10 listed units across 1 building offering 2 bed units in Edina 55435 dropped their asking rent in the past 7 days, an average cut of $142/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| The Bower | Unit 413, C2 | $3,534 | $3,165 | $369 |
| The Bower | Unit 504, CC1 | $4,704 | $4,498 | $206 |
| The Bower | Unit 1406, BB1 | $2,571 | $2,376 | $195 |
| The Bower | Unit 607, C7 | $3,947 | $3,755 | $192 |
| The Bower | Unit 1606, PH6 | $7,437 | $7,317 | $120 |
| The Bower | Unit 1504, PH4 | $7,097 | $6,997 | $100 |
| The Bower | Unit 1604, PH4 | $7,127 | $7,045 | $82 |
| The Bower | Unit 904, C5 | $3,920 | $3,860 | $60 |
Edina 55435 vs Bloomington, MN Average
Edina 55435 is more expensive the Bloomington, MN average by $2,941/mo (154%). The citywide average is $1,911/mo across all neighborhoods.
Is Rent Going Up or Down in Edina 55435?
As of July 2026, the average rent in Edina 55435 is $4,852 per month across 1 apartment community and 10 available units.
The most affordable option is The Bower starting at $3,165/mo. By unit type, a 2-bedroom averages $4,852/mo.
Prices range from $3,165 to $7,317 per month. The most common price point is the $3,600 range, where 2 units are currently listed.
Rent Price Distribution
Rent by Bedroom Type in Edina 55435
Rent Prices by Apartment in Edina 55435
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| The Bower | $3,165/mo | $4,852/mo | 10 | 4.2 |
Frequently Asked Questions About Rent in Edina 55435
What is the average rent in Edina 55435?
Is rent going up or down in Edina 55435?
What is the cheapest apartment in Edina 55435?
How many apartments are available in Edina 55435?
What salary do I need to live comfortably in Edina 55435?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$194,000/year
Based on the 30 percent rule, using our tracked average rent of $4,852/mo.
Comfortable income
$233,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($3,165/mo), you need to earn at least $127,000/year.
Median household income in Edina 55435 is $90,677 , about 61% below the comfortable-living threshold.
Cost of living in Edina 55435
Overall prices in Edina 55435 runs above the national average by about 4% (BEA Regional Price Parity index 104.3, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Edina 55435's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $4,852 |
| Utilities | $474 |
| Groceries | $565 |
| Transportation | $1,131 |
| Healthcare | $552 |
| Other goods and services | $882 |
| Estimated total | $8,456/mo |
Population
88,838
Median household income
$90,677
Census median rent
$1,526/mo
Rent as % of income
29.4%
Median age
40.8
Mean commute
21 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Edina 55435 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Edina 55435 Apartments
Browse all 1 communities with daily-updated pricing and availability.