Average Rent in Edina, MN

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Current Versus Historical Edina, MN Rents

Edina rentals average $2,200 for a 3-bedroom rental to $3,100 for a 4-bedroom rental. The median price of all currently available listings is $2,900, or roughly $17 per square feet.
For the apartment units and housing in May 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $0 (0.00%) year-over-year from $1,149 to $1,149. 1-bedroom rentals prices have increased by $16 (1.23%) year-over-year from $1,279 to $1,295. 2-bedroom rentals prices have increased by $2,259 (114.05%) year-over-year from $1,981 to $4,240. 3-bedroom rentals prices have decreased by $596 (-21.32%) year-over-year from $2,796 to $2,200. 4-bedroom rentals prices have decreased by $63 (-1.98%) year-over-year from $3,163 to $3,100. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.00% this month. 1-bedroom rents have gone down by 0.00% this month. 2-bedroom rents have gone up by 27.16% this month. 3-bedroom rents have gone down by 2.21% this month. 4-bedroom rents have gone up by 1.95% this month.
Beds
Price / Sqft
May 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
3 BR $16.50 $2,200 $2,796 (-21.32%) $2,638 (-16.61%)
4+ BR $18.97 $3,100 $3,163 (-1.98%) $3,335 (-7.04%)

Historical Rents in Edina, MN

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Edina

There are a total of 1 cities nearby Edina. The average rent in Edina is currently $1,575 per month. Only one city nearby has an average rent lower than that. Our records show that Minneapolis, MN, with an average rent of $1,575, is the most affordable city nearby. In contrast, the most expensive city near Edina, MN is Minneapolis, MN. Monthly rents here are on average $1,575 per month.

Let's compare Edina, MN's rent against other top cities nearby by bedroom size. Rent for three bedrooms are about 12.39% more expensive than other cities nearby. Want more information? Check out the top 1 cities near Edina, MN in the following table.
City Studio 1 Bed 2 Bed All
Minneapolis, MN $897 $1,260 $1,599 $1,575

Top Neighborhoods Near Edina



Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near Edina

There are a total of 1 counties located by Edina, MN. One county in the area is Minneapolis, MN. The average rent for rentals in these counties is $1,575. That's roughly around $21 per sqft. A total of one county has a lower average rent. The county that is the most affordable is Minneapolis, MN. Its average rent per month is $1,575. Vice versa, with an average rent of $1,575, Minneapolis, MN is the most expensive county by Edina, MN.

We've listed all of these counties in the table below.
County Studio 1 Bed 2 Bed All
Minneapolis, MN $897 $1,260 $1,599 $1,575

Top Zipcodes Near Edina



Zipcode Studio 1 Bed 2 Bed All

Frequently Asked Questions - Edina Average Rents

What is the average rent price in Edina, MN?
The average monthly rental price for Edina, MN apartments for rent is approximately $2,900. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Edina, MN rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Edina, MN.
How have rent prices in Edina, MN changed this year?
Rent prices for rentals in Edina, MN can fluctuate yearly. Specifically, studio rental prices have changed by 0.00%, one bedroom rental prices have changed by 0.01%, two bedroom rental prices have changed by 1.14%, three bedroom rental prices have changed by -0.21% year-over-year.
What is a reasonable rent price in Edina, MN?
A reasonable rent price in Edina, MN is around $2,320/month. You can search for these reasonably priced rental listings on RentHop.
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