Edina, MN
August 2026
55424,55435,55439
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,614 – $1,697 | -3.42% | 2.95% |
| 2-Bedroom | $1,909 – $2,007 | -2.02% | -0.50% |
| 3-Bedroom | $2,469 – $2,622 | 0.02% | 1.66% |
| 4-Bedroom | $2,934 – $3,064 | 0.92% | 2.34% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,601 – $1,683 | -4.43% | -1.18% |
| 2-Bedroom | $2,025 – $2,129 | -0.62% | 1.37% |
| 3-Bedroom | $2,690 – $2,857 | 0.47% | 1.89% |
| 4-Bedroom | $2,994 – $3,152 | 0.89% | 2.41% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,755 – $1,824 | 0.84% | 5.85% |
| 2-Bedroom | $2,015 – $2,148 | 0.90% | 4.92% |
| 3-Bedroom | $2,736 – $2,905 | 0.66% | 1.67% |
| 4-Bedroom | $3,098 – $3,290 | -0.31% | 0.01% |
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.