Oaks Landing 55+ Apartments
700 NW 7th St,
New Brighton, MN 55112
Studio - 3 Beds | $1,250 - $1,860
Rental Market Trends in New Brighton, MN
What is the average rent in New Brighton, MN?
$1,224/month
Average Rent
702 Sq Ft
Average Apartment Size
+3.7%
Increase in the Last Year
As of December 2024, the average rent in New Brighton, MN is $1,224 per month. This is 22% lower than the national average rent of $1,560/month, making renting in New Brighton more affordable than most cities in the US. When you rent an apartment in New Brighton, you can expect to pay about $1,041 per month for a studio, $1,224 for a one-bedroom apartment, and around $1,370 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,726 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 New Brighton, MN?
In the past year, rent has increased by 3.7%, which averages out to $46 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 December 2024
Legend
2023
2024
Rent Ranges in New Brighton, MN
Last Updated December 2024
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
22%
$700 - $1,000/month
70%
$1,001 - $1,500/month
4%
$1,501 - $2,000/month
4%
Above $2,000/month
What salary do I need to live comfortably in New Brighton, MN?
Because the average rent in New Brighton is $1,224, you’ll want to make about $4,080 per month or $48,960 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 New Brighton, MN compare to other nearby cities and neighborhoods?
Use the tool below to compare New Brighton, 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.
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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.