The Loden
5995 Lincoln Dr,
Edina, MN 55436
Studio - 2 Beds | $1,607 - $3,410
Rental Market Trends in Edina, MN
What is the average rent in Edina, MN?
$1,616/month
Average Rent
777 Sq Ft
Average Apartment Size
+0.3%
Increase in the Last Year
As of January 2025, the average rent in Edina, MN is $1,616 per month. For comparison, the national average rent price in the US is currently $1,554/month, which means Edina rent prices are 4% higher than the national average. When you rent an apartment in Edina, you can expect to pay about $1,402 per month for a studio, $1,616 for a one-bedroom apartment, and around $2,197 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,402 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 Edina, MN?
In the past year, rent has increased by 0.3%, which averages out to $6 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 January 2025
Legend
2024
2025
Rent Ranges in Edina, MN
Last Updated January 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
5%
$700 - $1,000/month
41%
$1,001 - $1,500/month
28%
$1,501 - $2,000/month
26%
Above $2,000/month
What salary do I need to live comfortably in Edina, MN?
Because the average rent in Edina is $1,616, you’ll want to make about $5,386 per month or $64,632 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 Edina, MN compare to other nearby cities and neighborhoods?
Use the tool below to compare Edina, 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.
Nearby City Rent Trends
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Investment Property Group
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StuartCo
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15
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3,220
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10
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Doran Companies
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10
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1,835
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9
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Main Street Companies, Inc.
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12
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8
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Greco
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Methodology
† 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.
* Percentages may not total 100 due to rounding.