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Average Rent in Plymouth, MN & Rent Trends

Rent prices and market trends across 6 apartment communities in Plymouth, MN. Updated daily.

Plymouth 554425544655447
Minneapolis 55427
Minnetonka 55305

Market Average

$2,837/mo

▲ +2.9% from last month

Lowest Available

$1,925/mo

cheapest unit on market

Communities

6

tracked daily

Units Listed

8

available now

Price Cuts This Week in Plymouth, MN

10 listed units across 3 buildings offering 3 bed units in Plymouth, MN dropped their asking rent in the past 7 days, an average cut of $101/mo. These are the largest cuts, tracked unit by unit with daily price checks.

Apartment Unit Last Week Now Cut
Quinn at Plymouth Apartments Unit 7 $1,995 $1,745 $250
Quinn at Plymouth Apartments Unit 1, Balsam Fir $1,695 $1,545 $150
Quinn at Plymouth Apartments Unit 12 $2,095 $1,995 $100
Quinn at Plymouth Apartments Unit 17 $2,495 $2,395 $100
Quinn at Plymouth Apartments Unit 3, White Spruce $1,695 $1,595 $100
Plymouth Square Unit 1 $1,490 $1,400 $90
Plymouth Square Unit 5 $1,490 $1,400 $90
Bass Lake Hills Townhomes Unit 1 $2,035 $1,980 $55
See today's prices on all 8 listed units

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 $2,837 per month across 6 apartment communities and 8 available units. Rents have increased $67 (2.9%) over the past month.

The most affordable option is Lakeview Commons starting at $1,925/mo. By unit type, a 3-bedroom averages $2,837/mo.

Prices range from $1,925 to $3,770 per month. The most common price point is the $2,200 range, where 3 units are currently listed.

Plymouth, MN Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
July 2026 $2,350 - 6
August 2026 $2,397 +$47 6

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.

Rent Price Distribution

Rent by Bedroom Type in Plymouth, MN

3 Bed
$2,837
from $1,925 · 8 units

Rent Prices by Apartment in Plymouth, MN

Property Starting at Average Units Rating
Lakeview Commons $1,925/mo $1,925/mo 1 4.2
Plymouth Square $2,295/mo $2,295/mo 2 3.8
Quinn at Plymouth Apartments $2,395/mo $2,395/mo 1 4.4
Bass Lake Hills Townhomes $2,534/mo $2,534/mo 1 4.4
Beacon Ridge $3,730/mo $3,730/mo 1 4.5
The Island Residences at Carlson Center Apartments $3,750/mo $3,760/mo 2 4.5

Frequently Asked Questions About Rent in Plymouth, MN

What is the average rent in Plymouth, MN?

The average rent in Plymouth, MN is $2,837 per month as of August 2026, based on 8 units across 6 apartment communities.

Is rent going up or down in Plymouth, MN?

Rent in Plymouth, MN has increased $67 (2.9%) over the past month. The current average is $2,837/mo.

What is the cheapest apartment in Plymouth, MN?

The most affordable apartment in Plymouth, MN is Lakeview Commons with units starting at $1,925/mo.

How many apartments are available in Plymouth, MN?

There are 8 units available across 6 apartment communities 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

$113,000/year

Based on the 30 percent rule, using our tracked average rent of $2,837/mo.

Comfortable income

$136,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,925/mo), you need to earn at least $77,000/year.

Median household income in Plymouth, MN is $133,865 , about 2% below 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) $2,837
Utilities $474
Groceries $565
Transportation $1,131
Healthcare $552
Other goods and services $882
Estimated total $6,441/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.

Explore Plymouth, MN Apartments

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