Last updated
Average Rent in Plymouth, MN & Rent Trends
Rent prices and market trends across 13 apartment communities in Plymouth, MN. Updated daily.
Market Average
$2,129/mo
▲ +10.8% from last month
Lowest Available
$1,165/mo
cheapest unit on market
Communities
13
tracked daily
Units Listed
149
available now
Rent by Neighborhood in Plymouth, MN
Compare average rent across Plymouth, MN neighborhoods. Click any area to see detailed trends. View these neighborhoods on the rent map
| Neighborhood | Avg Rent | 30d Change | From | Properties | Units |
|---|---|---|---|---|---|
| Texa Tonka | $2,553 | ▼ $69 | $1,713 | 1 | 23 |
| Minnetonka 55305 | $2,294 | ▼ $287 | $1,442 | 3 | 63 |
| Plymouth 55447 | $1,925 | ▲ $45 | $1,925 | 1 | 1 |
| Plymouth 55442 | $1,903 | ▲ $41 | $1,590 | 3 | 35 |
| Plymouth 55446 | $1,845 | - | $1,308 | 3 | 19 |
| Minneapolis 55428 | $1,360 | ▲ $119 | $1,200 | 1 | 4 |
| Minneapolis 55427 | $1,253 | ▼ $4 | $1,165 | 1 | 4 |
Is Rent Going Up or Down in Plymouth, MN?
As of July 2026, the average rent in Plymouth, MN is $2,129 per month across 13 apartment communities and 149 available units. Rents have increased $209 (10.8%) over the past month.
The most affordable option is Trentwood Apartments starting at $1,165/mo. By unit type, a studio averages $2,117/mo, a 1-bedroom averages $1,768/mo, a 2-bedroom averages $2,299/mo, a 3-bedroom averages $2,572/mo.
Prices range from $1,165 to $3,927 per month. The most common price point is the $1,600 range, where 29 units are currently listed.
Plymouth, MN Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| June 2026 | $1,990 | - | 8 |
| July 2026 | $2,063 | +$73 | 13 |
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 Plymouth, MN
Rent Prices by Apartment in Plymouth, MN
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Trentwood Apartments | $1,165/mo | $1,253/mo | 4 | 4.3 |
| Deluxe Properties | $1,200/mo | $1,360/mo | 4 | 1 |
| Stoneleigh at the Reserve | $1,308/mo | $1,715/mo | 5 | 4.2 |
| Plymouth Square | $1,395/mo | $1,756/mo | 13 | 3.8 |
| Avana Minnetonka | $1,442/mo | $1,962/mo | 29 | 3.3 |
| Shadow Hills | $1,590/mo | $1,868/mo | 24 | 4.2 |
| Quinn at Plymouth Apartments | $1,595/mo | $1,895/mo | 8 | 4.4 |
Frequently Asked Questions About Rent in Plymouth, MN
What is the average rent in Plymouth, MN?
Is rent going up or down in Plymouth, MN?
What is the cheapest apartment in Plymouth, MN?
How much is a 1-bedroom apartment in Plymouth, MN?
How many apartments are available in Plymouth, MN?
What salary do I need to live comfortably in Plymouth, 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
$85,000/year
Based on the 30 percent rule, using our tracked average rent of $2,129/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 ($1,165/mo), you need to earn at least $47,000/year.
Median household income in Plymouth, MN is $133,865 , about 31% above the comfortable-living threshold.
Cost of living in Plymouth, MN
Overall prices in Plymouth, 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 Plymouth, MN's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,129 |
| Utilities | $474 |
| Groceries | $565 |
| Transportation | $1,131 |
| Healthcare | $552 |
| Other goods and services | $882 |
| Estimated total | $5,733/mo |
Population
79,526
Median household income
$133,865
Census median rent
$1,705/mo
Rent as % of income
25.9%
Median age
40.7
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 Plymouth, MN Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Plymouth, MN Apartments
Browse all 13 communities with daily-updated pricing and availability.