Last updated
Average Rent in Burnsville 55337 & Rent Trends
Rent prices and market trends across 8 apartment communities in Burnsville 55337, Burnsville, MN. Updated daily.
Market Average
$1,615/mo
▲ +0.9% from last month
Lowest Available
$1,118/mo
cheapest unit on market
Communities
8
tracked daily
Units Listed
78
available now
Price Cuts This Week in Burnsville 55337
23 listed units across 5 buildings in Burnsville 55337 dropped their asking rent in the past 7 days, an average cut of $86/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Twelve 501 Apartment Homes | Unit 11, The Nelson | $1,718 | $1,375 | $343 |
| Stone Grove Apartments | Unit 9, Ruby | $1,550 | $1,295 | $255 |
| Willow Pond | Unit 4, Magnolia | $1,470 | $1,315 | $155 |
| Stone Grove Apartments | Unit 8, Ruby | $1,550 | $1,395 | $155 |
| Twelve 501 Apartment Homes | Unit 12, The Nelson | $1,375 | $1,259 | $116 |
| Twelve 501 Apartment Homes | Unit 10, The Marion | $1,587 | $1,503 | $84 |
| Twelve 501 Apartment Homes | Unit 5, The Garland | $1,445 | $1,361 | $84 |
| Twelve 501 Apartment Homes | Unit 7 | $1,448 | $1,364 | $84 |
Burnsville 55337 vs Burnsville, MN Average
Burnsville 55337 is cheaper than the Burnsville, MN average by $81/mo (5%). The citywide average is $1,696/mo across all neighborhoods.
Is Rent Going Up or Down in Burnsville 55337?
As of September 2026, the average rent in Burnsville 55337 is $1,615 per month across 8 apartment communities and 78 available units. Rents have increased $15 (0.9%) over the past month.
The most affordable option is Meridian Pointe starting at $1,118/mo. By unit type, a studio averages $1,242/mo, a 1-bedroom averages $1,334/mo, a 2-bedroom averages $1,570/mo, a 3-bedroom averages $2,069/mo, a 4-bedroom averages $2,894/mo.
Prices range from $1,118 to $2,969 per month. The most common price point is the $1,200 range, where 23 units are currently listed.
Burnsville 55337 Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| July 2026 | $1,867 | - | 8 |
| August 2026 | $1,837 | -$30 | 8 |
| September 2026 | $1,814 | -$23 | 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
Rent Prices by Apartment in Burnsville 55337
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Meridian Pointe | $1,118/mo | $1,584/mo | 23 | 3.9 |
| Twelve 501 Apartment Homes | $1,156/mo | $1,344/mo | 15 | 3.6 |
| Willow Pond | $1,175/mo | $1,520/mo | 18 | 3.7 |
| Stone Grove Apartments | $1,270/mo | $1,721/mo | 10 | 4 |
| Maven Apartments | $1,351/mo | $1,484/mo | 3 | 4.1 |
| Park Place Apartments | $1,745/mo | $1,755/mo | 3 | 3.6 |
| Wyngate Townhomes | $2,312/mo | $2,326/mo | 4 | 2.8 |
Frequently Asked Questions About Rent in Burnsville 55337
What is the average rent in Burnsville 55337?
Is rent going up or down in Burnsville 55337?
What is the cheapest apartment in Burnsville 55337?
How much is a 1-bedroom apartment in Burnsville 55337?
How many apartments are available 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 $1,615/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 ($1,118/mo), you need to earn at least $45,000/year.
Median household income in Burnsville 55337 is $83,953 , about 8% above the comfortable-living threshold.
Cost of living in Burnsville 55337
Overall prices in Burnsville 55337 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 Burnsville 55337's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,615 |
| Utilities | $474 |
| Groceries | $565 |
| Transportation | $1,131 |
| Healthcare | $552 |
| Other goods and services | $882 |
| Estimated total | $5,219/mo |
Population
64,295
Median household income
$83,953
Census median rent
$1,501/mo
Census rent burden
31.8%
Median age
36.9
Mean commute
23 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 Burnsville 55337 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Burnsville 55337 Apartments
Browse all 8 communities with daily-updated pricing and availability.