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Average Rent in Burnsville, MN & Rent Trends

Rent prices and market trends across 14 apartment communities in Burnsville, MN. Updated daily.

Area All Areas
Burnsville 5530655337
Apple Valley 55124
Lakeville 55044
Savage 55378

Market Average

$1,690/mo

▲ +3.9% from last month

Lowest Available

$1,115/mo

cheapest unit on market

Communities

14

tracked daily

Units Listed

160

available now

Price Cuts This Week in Burnsville, MN

23 listed units across 8 buildings in Burnsville, MN dropped their asking rent in the past 7 days, an average cut of $58/mo. These are the largest cuts, tracked unit by unit with daily price checks.

Apartment Unit Last Week Now Cut
Meridian Pointe Unit 109 $2,115 $1,950 $165
Meridian Pointe Unit 312 $2,113 $1,985 $128
Meridian Pointe Unit 325 $2,103 $1,979 $124
Twelve 501 Apartment Homes Unit 2, The Dylan $1,384 $1,284 $100
Twelve 501 Apartment Homes Unit 7, The Nelson $1,502 $1,402 $100
NEON Burnsville Apartments Unit 14 $2,395 $2,295 $100
Summit Townhomes Unit 2, Quartet $2,995 $2,920 $75
Willow Pond Unit 4, Magnolia $1,355 $1,290 $65
See today's prices on all 160 listed units

Rent by Neighborhood in Burnsville, MN

Compare average rent across Burnsville, MN neighborhoods. Click any area to see detailed trends. View these neighborhoods on the rent map

Neighborhood Avg Rent 30d Change From Properties Units
Lakeville 55044 $1,896 ▼  $66 $1,425 1 6
Apple Valley 55124 $1,847 ▼  $71 $1,300 2 28
Burnsville 55306 $1,672 ▲  $23 $1,120 2 43
Burnsville 55337 $1,632 ▼  $16 $1,115 8 79
Savage 55378 $1,621 ▲  $5 $1,510 1 4

Is Rent Going Up or Down in Burnsville, MN?

As of August 2026, the average rent in Burnsville, MN is $1,690 per month across 14 apartment communities and 160 available units. Rents have increased $68 (3.9%) over the past month.

The most affordable option is Willow Pond starting at $1,115/mo. By unit type, a studio averages $1,304/mo, a 1-bedroom averages $1,470/mo, a 2-bedroom averages $1,721/mo, a 3-bedroom averages $2,148/mo, a 4-bedroom averages $2,920/mo.

Prices range from $1,115 to $3,092 per month. The most common price point is the $1,400 range, where 49 units are currently listed.

Burnsville, MN Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
June 2026 $1,819 - 5
July 2026 $1,802 -$17 14
August 2026 $1,795 -$7 14

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Burnsville, MN

Studio
$1,304
from $1,115 · 8 units
1 Bed
$1,470
from $1,195 · 52 units
2 Bed
$1,721
from $1,395 · 75 units
3 Bed
$2,148
from $1,820 · 24 units
4 Bed
$2,920
from $2,920 · 1 units

Rent Prices by Apartment in Burnsville, MN

Property Starting at Average Units Rating
Willow Pond $1,115/mo $1,555/mo 24 3.7
The Woods of Burnsville Apartments $1,120/mo $1,547/mo 32 4.1
Stone Grove Apartments $1,195/mo $1,615/mo 12 4
Meridian Pointe $1,258/mo $1,609/mo 24 3.9
Twelve 501 Apartment Homes $1,284/mo $1,454/mo 8 3.6
Gabella at Parkside $1,300/mo $1,898/mo 15 4.5
Maven Apartments $1,351/mo $1,600/mo 3 4.1

Frequently Asked Questions About Rent in Burnsville, MN

What is the average rent in Burnsville, MN?

The average rent in Burnsville, MN is $1,690 per month as of August 2026, based on 160 units across 14 apartment communities.

Is rent going up or down in Burnsville, MN?

Rent in Burnsville, MN has increased $68 (3.9%) over the past month. The current average is $1,690/mo.

What is the cheapest apartment in Burnsville, MN?

The most affordable apartment in Burnsville, MN is Willow Pond with units starting at $1,115/mo.

How much is a 1-bedroom apartment in Burnsville, MN?

A 1-bedroom apartment in Burnsville, MN averages $1,470/mo, with prices starting at $1,195/mo across 52 available units.

How many apartments are available in Burnsville, MN?

There are 160 units available across 14 apartment communities in Burnsville, MN.

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

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$68,000/year

Based on the 30 percent rule, using our tracked average rent of $1,690/mo.

Comfortable income

$81,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,115/mo), you need to earn at least $45,000/year.

Cost of living in Burnsville, MN

We only have live rent data for Burnsville, MN so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.

Category Monthly estimate
Rent (market average) $1,690
Estimated total $1,690/mo

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 are refreshed annually.

Explore Burnsville, MN Apartments

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