Edina, MN
June 2026
55424,55435,55439
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,432 – $1,540 | 1.65% | 2.92% |
| 2-Bedroom | $1,804 – $1,994 | 0.64% | 5.62% |
| 3-Bedroom | $2,385 – $2,583 | 0.89% | 2.01% |
| 4-Bedroom | $2,894 – $3,015 | 0.90% | 2.56% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,562 – $1,666 | 1.45% | 4.33% |
| 2-Bedroom | $1,956 – $2,056 | 1.36% | 0.85% |
| 3-Bedroom | $2,622 – $2,824 | 1.34% | 3.10% |
| 4-Bedroom | $2,963 – $3,090 | 1.32% | 2.49% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,705 – $1,796 | 1.28% | 6.05% |
| 2-Bedroom | $2,012 – $2,102 | 1.29% | 4.57% |
| 3-Bedroom | $2,695 – $2,833 | 1.13% | 2.52% |
| 4-Bedroom | $2,975 – $3,147 | -0.30% | -3.80% |
In the Edina (55424, 55435, 55439) rental market, 1-bedroom single-family homes saw median rent reach $1,696, marking a 6.56% year-over-year increase. This annual gain was higher than those recorded in the apartment and condo/townhome segments, creating a wider rent premium for single-family listings in Edina (55424, 55435, 55439).
Monthly rent for 2-bedroom condo/townhomes in Edina (55424, 55435, 55439) decreased by 2.49% in April, settling at $2,016. Meanwhile, 2-bedroom apartments posted a much smaller monthly decline of 0.23%, bringing their median to $1,932 for the same reference period.
Among 3-bedroom units, Edina (55424, 55435, 55439) rental trends show that apartments averaged $2,479, which is $133 higher than 3-bedroom condo/townhomes at $2,612. Apartments also posted a stronger annual increase of 3.26%, compared to condos at a 1.09% rise.