Hennepin Far Western Suburbs, MN Rental Market Data

As of June 2026, rental prices in Hennepin Far Western Suburbs, MN range from $1,453 to $3,154 per month depending on property type and bedroom count.

The largest year-over-year increase was seen in 1BR apartments, which rose 7.86%.

For 2BR units, single-family homes have a median rent of $2,048 compared to $1,801 for apartments and $2,070 for condos/townhomes.

What is the rent range for apartments, condos, and single-family homes in Hennepin Far Western Suburbs, MN?

In June 2026, monthly rents in Hennepin Far Western Suburbs, MN start at $1,453 for a 1BR apartment and go up to $3,154 for a 4BR single-family home.

How do condo/townhome rents compare to single-family home rents for the same number of bedrooms in Hennepin Far Western Suburbs, MN?

In June 2026, 2BR condos/townhomes rent for $2,070 while 2BR single-family homes are $2,048, and for 4BRs, condos/townhomes are $3,005 while single-family homes reach $3,154.

What is the difference in rent between apartments and condos/townhomes with the same bedroom count in Hennepin Far Western Suburbs, MN?

For June 2026, 2BR apartments have a median rent of $1,801, while 2BR condos/townhomes are higher at $2,070, a difference of $269.

How much higher are single-family home rents compared to apartment rents for the same bedroom count in Hennepin Far Western Suburbs, MN?

In June 2026, 3BR single-family homes rent for $2,905 while 3BR apartments rent for $2,510, creating a premium gap of $395.

Hennepin Far Western Suburbs, MN

June 2026

55331,55340,55384,55391

Long-term Rental Rates

Apartment

Unit Type	Price	1 Mo Change	1 Yr Change
1-Bedroom	$1,395 – $1,511	1.89%	7.86%
2-Bedroom	$1,711 – $1,892	0.65%	7.26%
3-Bedroom	$2,435 – $2,585	1.15%	2.75%
4-Bedroom	$2,839 – $3,015	0.86%	2.49%

Condo/Townhome

Unit Type	Price	1 Mo Change	1 Yr Change
1-Bedroom	$1,537 – $1,638	1.23%	4.22%
2-Bedroom	$1,997 – $2,142	4.47%	6.83%
3-Bedroom	$2,612 – $2,774	-0.34%	1.81%
4-Bedroom	$2,964 – $3,095	1.25%	2.28%

Single-Family

Unit Type	Price	1 Mo Change	1 Yr Change
1-Bedroom	$1,705 – $1,795	1.25%	6.02%
2-Bedroom	$1,997 – $2,114	1.48%	4.69%
3-Bedroom	$2,798 – $3,012	0.31%	4.13%
4-Bedroom	$3,060 – $3,249	1.38%	0.16%

Data updated: July 19, 2026

In the Hennepin Far Western Suburbs (55331, 55340, 55384, 55391) rental market, 1-bedroom apartments recorded a $1,438 median rent in May 2026, climbing 3.0% month over month and up 6.2% year over year. This was the fastest MoM growth among apartments, highlighting notable upward movement in entry-level rental pricing.

For larger homes, 3-bedroom single-family units in Hennepin Far Western Suburbs (55331, 55340, 55384, 55391) reached $2,885, reflecting a 2.5% monthly increase, while 3-bedroom apartments and condos stood at $2,481 and $2,713, respectively. Single-family rents led their apartment counterparts by $404.

Examining larger segments, Hennepin Far Western Suburbs (55331, 55340, 55384, 55391) rental trends show 4-bedroom condos/townhomes at a median $2,968 with a 0.72% MoM gain, while 4-bedroom apartments declined 0.23% MoM to $2,902. Single-family homes in this category saw a 0.88% monthly increase to $3,121.

12-Month Median Rent Trend

Apartment

Month	1 BR	2 BR	3 BR	4 BR
June 2026	$1,453	$1,801	$2,510	$2,927
May 2026	$1,438	$1,784	$2,481	$2,902
April 2026	$1,390	$1,809	$2,488	$2,896
March 2026	$1,875	$4,023	$5,006	$2,895
February 2026	$1,872	$4,259	$5,574	$2,922
January 2026	$1,421	$1,749	$2,534	$2,950
December 2025	$1,484	$1,827	$2,555	$2,970
November 2025	$1,474	$1,810	$2,560	$2,975
October 2025	$1,476	$1,776	$2,546	$2,959
September 2025	$1,443	$1,754	$2,525	$2,936
August 2025	$1,426	$1,740	$2,500	$2,907
July 2025	$1,410	$1,737	$2,473	$2,878

Condo / Townhome

Month	1 BR	2 BR	3 BR	4 BR
June 2026	$1,588	$2,070	$2,693	$3,005
May 2026	$1,564	$1,985	$2,713	$2,968
April 2026	$1,556	$1,979	$2,674	$2,945
March 2026	$1,558	$1,988	$2,640	$2,932
February 2026	$1,553	$2,021	$2,711	$3,055
January 2026	$1,567	$2,002	$2,658	$2,973
December 2025	$1,578	$2,029	$2,681	$2,999
November 2025	$1,583	$2,056	$2,695	$3,016
October 2025	$1,594	$2,069	$2,700	$3,016
September 2025	$1,569	$2,027	$2,702	$3,006
August 2025	$1,559	$2,017	$2,690	$2,988
July 2025	$1,553	$2,015	$2,660	$2,960

Single-Family

Month	1 BR	2 BR	3 BR	4 BR
June 2026	$1,735	$2,048	$2,905	$3,154
May 2026	$1,713	$2,015	$2,885	$3,121
April 2026	$1,696	$2,019	$2,800	$3,085
March 2026	$1,684	$2,270	$2,798	$3,281
February 2026	$1,681	$1,989	$3,036	$3,237
January 2026	$1,677	$1,985	$2,777	$3,127
December 2025	$1,683	$1,998	$2,806	$3,161
November 2025	$1,690	$2,007	$2,808	$3,187
October 2025	$1,687	$2,004	$2,796	$3,196
September 2025	$1,680	$1,995	$2,803	$3,190
August 2025	$1,669	$1,981	$2,813	$3,180
July 2025	$1,654	$1,963	$2,801	$3,160

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