Hennepin Far Western Suburbs, MN Rental Market Data

As of August 2026, rental prices in Hennepin Far Western Suburbs, MN range from $1,469 to $3,291 per month depending on property type and bedroom count.

The largest year-over-year rent increase was for single-family 1BR homes at 5.85%.

For 2-bedroom units, single-family homes have the highest median rent at $2,049, compared to $2,039 for condo/townhomes and $1,822 for apartments.

What is the typical range for monthly rents in Hennepin Far Western Suburbs, MN?

In August 2026, monthly rents in Hennepin Far Western Suburbs, MN range from $1,469 for a 1-bedroom apartment up to $3,291 for a 4-bedroom single-family home.

How much more do renters pay for single-family homes compared to condo/townhomes in Hennepin Far Western Suburbs, MN for equivalent bedroom counts?

In August 2026, renters pay $162 more for single-family 1BR units ($1,767 vs $1,605), $10 more for 2BR ($2,049 vs $2,039), $126 more for 3BR ($2,883 vs $2,757), and $232 more for 4BR single-family homes ($3,291 vs $3,059) compared to condo/townhomes.

What is the rent difference between apartments and condo/townhomes for the same number of bedrooms in Hennepin Far Western Suburbs, MN?

As of August 2026, condo/townhomes are more expensive than apartments at each bedroom count: 1BR units are $136 higher ($1,605 vs $1,469), 2BR are $217 higher ($2,039 vs $1,822), 3BR are $208 higher ($2,757 vs $2,549), and 4BR are $86 higher ($3,059 vs $2,973).

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

In August 2026, single-family home rents lead apartments by $298 for 1BR ($1,767 vs $1,469), $227 for 2BR ($2,049 vs $1,822), $334 for 3BR ($2,883 vs $2,549), and $318 for 4BR units ($3,291 vs $2,973).

Hennepin Far Western Suburbs, MN

August 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	5.43%	6.10%
2-Bedroom	$1,701 – $1,880	3.43%	8.43%
3-Bedroom	$2,473 – $2,626	0.76%	1.94%
4-Bedroom	$2,934 – $3,062	0.90%	2.16%

Condo/Townhome

Unit Type	Price	1 Mo Change	1 Yr Change
1-Bedroom	$1,554 – $1,657	1.13%	3.25%
2-Bedroom	$1,988 – $2,090	0.27%	2.25%
3-Bedroom	$2,688 – $2,894	2.10%	3.70%
4-Bedroom	$2,994 – $3,150	0.71%	1.97%

Single-Family

Unit Type	Price	1 Mo Change	1 Yr Change
1-Bedroom	$1,755 – $1,824	0.85%	5.85%
2-Bedroom	$1,986 – $2,117	0.35%	3.39%
3-Bedroom	$2,806 – $2,980	-0.14%	0.96%
4-Bedroom	$3,158 – $3,456	1.74%	2.95%

Data updated: September 25, 2026

Hennepin Far Western Suburbs Rental Trends

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
August 2026	$1,453	$1,790	$2,550	$2,973
July 2026	$1,423	$1,802	$2,528	$2,947
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	$1,442	$1,801	$2,546	$2,897
February 2026	$1,446	$1,816	$2,554	$2,925
January 2026	$1,423	$1,758	$2,524	$2,953
December 2025	$1,476	$1,822	$2,551	$2,973
November 2025	$1,478	$1,811	$2,556	$2,978
October 2025	$1,473	$1,780	$2,542	$2,962
September 2025	$1,443	$1,760	$2,522	$2,939

Condo / Townhome

Month	1 BR	2 BR	3 BR	4 BR
August 2026	$1,605	$2,039	$2,791	$3,059
July 2026	$1,589	$2,047	$2,723	$3,037
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	$1,553	$1,986	$2,646	$2,940
February 2026	$1,552	$2,010	$2,679	$3,000
January 2026	$1,564	$2,004	$2,671	$2,982
December 2025	$1,577	$2,030	$2,694	$3,007
November 2025	$1,581	$2,052	$2,708	$3,025
October 2025	$1,589	$2,059	$2,711	$3,026
September 2025	$1,565	$2,023	$2,713	$3,016

Single-Family

Month	1 BR	2 BR	3 BR	4 BR
August 2026	$1,767	$2,052	$2,893	$3,307
July 2026	$1,752	$2,045	$2,889	$3,211
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	$1,685	$2,028	$2,808	$3,122
February 2026	$1,681	$1,997	$2,833	$3,158
January 2026	$1,678	$1,996	$2,811	$3,141
December 2025	$1,684	$2,010	$2,840	$3,173
November 2025	$1,691	$2,018	$2,852	$3,188
October 2025	$1,688	$2,011	$2,821	$3,199
September 2025	$1,680	$2,002	$2,827	$3,196

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