Last updated
Average Rent in Highlands & Rent Trends
Rent prices and market trends across 1 apartment community in Highlands, Edina, MN. Updated daily.
Market Average
$2,123/mo
Lowest Available
$1,610/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
20
available now
Price Cuts This Week in Highlands
11 listed units across 1 building in Highlands dropped their asking rent in the past 7 days, an average cut of $47/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| The Loden | Unit 262, 2 Bedroom | $2,286 | $2,111 | $175 |
| The Loden | Unit 107, 1 Bedroom | $1,859 | $1,824 | $35 |
| The Loden | Unit 148, 1 Bedroom | $1,834 | $1,799 | $35 |
| The Loden | Unit 203, 1 Bedroom | $1,814 | $1,779 | $35 |
| The Loden | Unit 223, 1 Bedroom | $1,799 | $1,764 | $35 |
| The Loden | Unit 225, 1 Bedroom | $1,814 | $1,779 | $35 |
| The Loden | Unit 233, 1 Bedroom | $1,829 | $1,794 | $35 |
| The Loden | Unit 250, 1 Bedroom | $1,874 | $1,839 | $35 |
Highlands vs Edina, MN Average
Highlands is more expensive than the Edina, MN average by $216/mo (11%). The citywide average is $1,907/mo across all neighborhoods.
Is Rent Going Up or Down in Highlands?
As of August 2026, the average rent in Highlands is $2,123 per month across 1 apartment community and 20 available units.
The most affordable option is The Loden starting at $1,610/mo. By unit type, a studio averages $1,610/mo, a 1-bedroom averages $1,785/mo, a 2-bedroom averages $2,653/mo.
Prices range from $1,610 to $3,039 per month. The most common price point is the $1,600 range, where 8 units are currently listed.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Highlands
Rent Prices by Apartment in Highlands
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| The Loden | $1,610/mo | $2,123/mo | 20 | 4.5 |
Frequently Asked Questions About Rent in Highlands
What is the average rent in Highlands?
Is rent going up or down in Highlands?
What is the cheapest apartment in Highlands?
How much is a 1-bedroom apartment in Highlands?
How many apartments are available in Highlands?
What salary do I need to live comfortably in Highlands?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$85,000/year
Based on the 30 percent rule, using our tracked average rent of $2,123/mo.
Comfortable income
$102,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,610/mo), you need to earn at least $64,000/year.
Median household income in Highlands is $129,225 , about 27% above the comfortable-living threshold.
Cost of living in Highlands
Overall prices in Highlands 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 Highlands's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,123 |
| Utilities | $474 |
| Groceries | $565 |
| Transportation | $1,131 |
| Healthcare | $552 |
| Other goods and services | $882 |
| Estimated total | $5,727/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.
Google Search Trends for Highlands Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Highlands Apartments
Browse all 1 communities with daily-updated pricing and availability.