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Average Rent in Burnsville 55337 & Rent Trends

Rent prices and market trends across 8 apartment communities in Burnsville 55337, Burnsville, MN. Updated daily.

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

Market Average

$1,632/mo

▲ +0.4% from last month

Lowest Available

$1,115/mo

cheapest unit on market

Communities

8

tracked daily

Units Listed

79

available now

Price Cuts This Week in Burnsville 55337

10 listed units across 5 buildings in Burnsville 55337 dropped their asking rent in the past 7 days, an average cut of $69/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
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
Summit Townhomes Unit 2, Quartet $2,995 $2,920 $75
Willow Pond Unit 4, Magnolia $1,355 $1,290 $65
Willow Pond Unit 15, Maple $1,550 $1,490 $60
Willow Pond Unit 12, Maple $1,560 $1,505 $55
Stone Grove Apartments Unit 4, Diamond $2,025 $2,000 $25
See today's prices on all 79 listed units

Burnsville 55337 vs Burnsville, MN Average

Burnsville 55337 is cheaper than the Burnsville, MN average by $56/mo (3%). The citywide average is $1,688/mo across all neighborhoods.

Is Rent Going Up or Down in Burnsville 55337?

As of August 2026, the average rent in Burnsville 55337 is $1,632 per month across 8 apartment communities and 79 available units. Rents have increased $8 (0.4%) over the past month.

The most affordable option is Willow Pond starting at $1,115/mo. By unit type, a studio averages $1,247/mo, a 1-bedroom averages $1,347/mo, a 2-bedroom averages $1,599/mo, a 3-bedroom averages $2,017/mo, a 4-bedroom averages $2,920/mo.

Prices range from $1,115 to $2,920 per month. The most common price point is the $1,400 range, where 24 units are currently listed.

Burnsville 55337 Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
July 2026 $1,867 - 8
August 2026 $1,840 -$27 8

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 55337

Studio
$1,247
from $1,115 · 4 units
1 Bed
$1,347
from $1,195 · 19 units
2 Bed
$1,599
from $1,395 · 37 units
3 Bed
$2,017
from $1,820 · 18 units
4 Bed
$2,920
from $2,920 · 1 units

Rent Prices by Apartment in Burnsville 55337

Property Starting at Average Units Rating
Willow Pond $1,115/mo $1,555/mo 24 3.7
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
Maven Apartments $1,351/mo $1,600/mo 3 4.1
Park Place Apartments $1,695/mo $1,743/mo 4 3.6
Wyngate Townhomes $2,321/mo $2,329/mo 2 2.8

Frequently Asked Questions About Rent in Burnsville 55337

What is the average rent in Burnsville 55337?

The average rent in Burnsville 55337 is $1,632 per month as of August 2026, based on 79 units across 8 apartment communities.

Is rent going up or down in Burnsville 55337?

Rent in Burnsville 55337 has increased $8 (0.4%) over the past month. The current average is $1,632/mo.

What is the cheapest apartment in Burnsville 55337?

The most affordable apartment in Burnsville 55337 is Willow Pond with units starting at $1,115/mo.

How much is a 1-bedroom apartment in Burnsville 55337?

A 1-bedroom apartment in Burnsville 55337 averages $1,347/mo, with prices starting at $1,195/mo across 19 available units.

How many apartments are available in Burnsville 55337?

There are 79 units available across 8 apartment communities in Burnsville 55337.

What salary do I need to live comfortably in Burnsville 55337?

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

Minimum to afford average rent

$65,000/year

Based on the 30 percent rule, using our tracked average rent of $1,632/mo.

Comfortable income

$78,000/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 55337

We only have live rent data for Burnsville 55337 so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.

Category Monthly estimate
Rent (market average) $1,632
Estimated total $1,632/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 55337 Apartments

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