Last updated
Average Rent in Plymouth, MN & Rent Trends
Rent prices and market trends across 4 apartment communities in Plymouth, MN. Updated daily.
Market Average
$2,241/mo
Lowest Available
$1,320/mo
cheapest unit on market
Communities
4
tracked daily
Units Listed
48
available now
Price Cuts This Week in Plymouth, MN
18 listed units across 2 buildings offering studio units in Plymouth, MN dropped their asking rent in the past 7 days, an average cut of $70/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| The Mera | Unit 17, CC1 | $2,998 | $2,785 | $213 |
| Avana Minnetonka | Unit 10 | $2,335 | $2,131 | $204 |
| Avana Minnetonka | Unit 13 | $2,200 | $2,073 | $127 |
| The Mera | Unit 11, C4 | $3,005 | $2,881 | $124 |
| Avana Minnetonka | Unit 6 | $1,600 | $1,480 | $120 |
| Avana Minnetonka | Unit 9 | $1,464 | $1,383 | $81 |
| Avana Minnetonka | Unit 16 | $1,400 | $1,320 | $80 |
| Avana Minnetonka | Unit 5 | $1,474 | $1,433 | $41 |
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 | $2,502 | ▼ $34 | $1,666 | 1 | 21 |
| Minnetonka 55305 | $2,360 | ▼ $30 | $1,320 | 3 | 63 |
| Plymouth 55446 | $2,351 | ▼ $202 | $1,400 | 2 | 8 |
| Plymouth 55447 | $1,925 | $0 | $1,925 | 1 | 1 |
| Plymouth 55442 | $1,919 | ▼ $22 | $1,595 | 3 | 35 |
| Minneapolis 55427 | $1,245 | ▼ $13 | $1,165 | 1 | 3 |
Is Rent Going Up or Down in Plymouth, MN?
As of August 2026, the average rent in Plymouth, MN is $2,241 per month across 4 apartment communities and 48 available units.
The most affordable option is Avana Minnetonka starting at $1,320/mo. By unit type, a studio averages $2,241/mo.
Prices range from $1,320 to $4,151 per month. The most common price point is the $1,800 range, where 11 units are currently listed.
Rent Price Distribution
Rent by Bedroom Type in Plymouth, MN
Rent Prices by Apartment in Plymouth, MN
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Avana Minnetonka | $1,320/mo | $1,820/mo | 24 | 3.3 |
| The Mera | $1,666/mo | $1,711/mo | 3 | 4.2 |
| Avidor Minnetonka | $1,745/mo | $2,892/mo | 19 | 4.8 |
| The Island Residences at Carlson Center Apartments | $1,902/mo | $1,905/mo | 2 | 4.5 |
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 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
$90,000/year
Based on the 30 percent rule, using our tracked average rent of $2,241/mo.
Comfortable income
$108,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,320/mo), you need to earn at least $53,000/year.
Median household income in Plymouth, MN is $133,865 , about 24% 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) | $2,241 |
| Utilities | $474 |
| Groceries | $565 |
| Transportation | $1,131 |
| Healthcare | $552 |
| Other goods and services | $882 |
| Estimated total | $5,845/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 4 communities with daily-updated pricing and availability.