Concorde Flats Apartment
501 Gateway Blvd,
Burnsville, MN 55337
Studio - 1 Bed | $1,295 - $1,595
Rental Market Trends in Burnsville, MN
What is the average rent in Burnsville, MN?
$1,319/month
Average Rent
758 Sq Ft
Average Apartment Size
+2%
Increase in the Last Year
As of April 2025, the average rent in Burnsville, MN is $1,319 per month. This is 19% lower than the national average rent of $1,623/month, making renting in Burnsville more affordable than most cities in the US. When you rent an apartment in Burnsville, you can expect to pay about $1,164 per month for a studio, $1,319 for a one-bedroom apartment, and around $1,609 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,955 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Burnsville, MN?
In the past year, rent has increased by 2%, which averages out to $27 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2025
Legend
2024
2025
Rent Ranges in Burnsville, MN
Last Updated April 2025
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
7%
$700 - $1,000/month
42%
$1,001 - $1,500/month
47%
$1,501 - $2,000/month
5%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Burnsville?
Based on current rent prices, Vista View, Burnsville Heights and River Hills are the most affordable neighborhoods in Burnsville.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Burnsville?
Based on current rent prices, River Hills, Burnsville Heights and Vista View are the most expensive neighborhoods in Burnsville.
Neighborhood
Average Rent
Average Sq Ft
Which Burnsville neighborhoods have the most rentals available?
The neighborhoods in Burnsville with the most apartments available are Vista View, River Hills and Burnsville Heights .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Burnsville, MN?
Because the average rent in Burnsville is $1,319, you’ll want to make about $4,396 per month or $52,752 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Burnsville, MN compare to other nearby cities and neighborhoods?
Use the tool below to compare Burnsville, MN to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$1,196/month
$756/month
One Bedroom
$1,113/month
$1,107/month
Two Bedroom
$1,401/month
$1,332/month
Three Bedroom
$1,925/month
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Nearby City Rent Trends
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.
* Percentages may not total 100 due to rounding.