Average Rent in Edina, MN
3 apartment buildings, 19 units. Real asking prices, refreshed daily.
Avg Rent
$1,590/mo
market average
Cheapest
$1,245/mo
Oaks Pentagon Village
Properties
3
tracked daily
Units
19
available now
Edina, MN Resident Access
City Club members share insider gate codes, parking links, and amenity tips.
Analysis
Rent Price Breakdown
Compare pricing across all 3 properties in Edina, MN.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Edina, MN Rent Prices
All 3 properties ranked by lowest available rent.
Oaks Pentagon Village
4911 W 77th St, Edina, MN 55435, USA
Parklawn Estates
4145 Parklawn Ave, Edina, MN 55435, USA
One Southdale Place
6800 York Ave S, Edina, MN 55435, USA
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | Oaks Pentagon Village 4911 W 77th St, Edina, MN 55435, USA | $1,245 | $1,791 | $2.29 | 4.3 (36) | 7 |
| 2 | Parklawn Estates 4145 Parklawn Ave, Edina, MN 55435, USA | $1,250 | $1,434 | $1.77 | 4.5 (31) | 11 |
| 3 | One Southdale Place 6800 York Ave S, Edina, MN 55435, USA | $1,900 | $1,900 | $2.24 | 4.6 (135) | 1 |
Explore Each Property
Edina, MN Average Rent Prices 2026
The average rent in Edina, MN is $1,590 per month, based on 19 units across 3 apartment communities. Prices range from $1,245 at Oaks Pentagon Village to $1,900 at One Southdale Place.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| Studio | $1,245/mo | $1,245/mo | 1 |
| 1 Bed | $1,466/mo | $1,250/mo | 13 |
| 2 Bed | $1,981/mo | $1,625/mo | 5 |
Every price is a real asking rent, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
Market Context
Who rents in Edina, MN, and what they pay
Tracked one-bedroom rent in Edina, MN averages $1,466/mo, with two-bedroom units averaging $1,981/mo. At the local median household income of $129,225, that works out to 15% of gross income, well within the 25 percent comfortable-rent threshold.
The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Edina, MN at $1,757/mo. The current tracked market average runs 10% below that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Edina, MN while the tracked market average covers units currently listed in larger apartment communities.
What salary do I need to live comfortably in Edina, 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
$64,000/year
Based on the 30 percent rule, using our tracked average rent of $1,590/mo.
Comfortable income
$76,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,245/mo), you need to earn at least $50,000/year.
Median household income in Edina, MN is $129,225 , about 69% above the comfortable-living threshold.
Cost of living in Edina, MN
Overall prices in Edina, MN 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, MN's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,590 |
| Utilities | $474 |
| Groceries | $565 |
| Transportation | $1,131 |
| Healthcare | $552 |
| Other goods and services | $882 |
| Estimated total | $5,194/mo |
Population
53,125
Median household income
$129,225
Census median rent
$1,757/mo
Rent as % of income
30.1%
Median age
44.8
Mean commute
20 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.
Compare
Nearby cities in Minnesota
How Edina, MN rent compares to other markets in the state.
| City | Avg Rent | vs Edina, MN | Properties |
|---|---|---|---|
| Minneapolis, MN | $2,272 | +43% | 41 |
| ST Paul, MN | $1,722 | +8% | 18 |
| Eagan, MN | $1,717 | +8% | 13 |
| Rochester, MN | $1,859 | +17% | 10 |
| Brooklyn Park, MN | $1,856 | +17% | 10 |
| Plymouth, MN | $2,203 | +39% | 7 |
Frequently asked questions
What is the average rent in Edina, MN?
The average rent in Edina, MN is $1,590 per month, based on 19 units across 3 apartment buildings tracked by Average Rent. Prices are refreshed daily.
What is the cheapest apartment rent in Edina, MN?
The lowest available rent in Edina, MN starts at $1,245 per month. Availability changes daily and prices are refreshed each morning.
How much is a 1-bedroom apartment in Edina, MN?
1-bedroom apartments in Edina, MN average $1,466/mo. The lowest listed 1-bedroom starts at $1,250/mo across 13 units tracked.
How much is a 2-bedroom apartment in Edina, MN?
2-bedroom apartments in Edina, MN average $1,981/mo. Units start from $1,625/mo across 5 units currently listed.
Rent Trends in Edina, MN
Track how apartment prices are changing over time.
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