Hennepin Far Western Suburbs, MN · Minneapolis metro

Long-term Rental Rates — September 2026  ·  ZIPs: 55331,55340,55384,55391

Local market data by Estaite

As of September 2026, rental prices in Hennepin Far Western Suburbs (55331, 55340, 55384, 55391), in the Minneapolis metro area, range from $1,501 to $3,248 per month depending on property type and bedroom count.

The largest year-over-year increase was seen in 2BR apartments, which rose by 7.77% in Hennepin Far Western Suburbs, MN.

For 3-bedroom units, single-family homes command a median rent of $2,914 compared to $2,793 for condos/townhomes.

What is the overall rent range in Hennepin Far Western Suburbs, MN as of September 2026?

Rental prices in Hennepin Far Western Suburbs, MN range from $1,501 for a 1-bedroom apartment up to $3,248 for a 4-bedroom single-family home as of September 2026.

How much more do single-family homes rent for versus condos/townhomes for the same bedroom count in Hennepin Far Western Suburbs, MN?

In Hennepin Far Western Suburbs, MN in September 2026, single-family homes rent for $133 more than condos/townhomes for 3BR units ($2,914 vs $2,793) and $180 more for 4BR units ($3,248 vs $3,068).

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

For 2-bedroom units as of September 2026, condos/townhomes rent for $223 more than apartments ($2,060 vs $1,837) in Hennepin Far Western Suburbs, MN.

What is the premium to rent a single-family home compared to an apartment for the same bedroom count in Hennepin Far Western Suburbs, MN?

In September 2026, 4-bedroom single-family homes rent for $250 more than 4-bedroom apartments ($3,248 vs $2,998) in Hennepin Far Western Suburbs, MN.

Hennepin Far Western Suburbs, MN · Minneapolis metro

September 2026

55331,55340,55384,55391

Long-term Rental Rates

Long-term rental rates for Hennepin Far Western Suburbs (55331,55340,55384,55391), in the Minneapolis metro area, as of September 2026.

Apartment

Unit Type Price 1 Mo Change 1 Yr Change
1-Bedroom $1,426 – $1,576 2.01% 6.36%
2-Bedroom $1,745 – $1,929 1.37% 7.77%
3-Bedroom $2,495 – $2,649 0.92% 1.97%
4-Bedroom $2,934 – $3,088 0.83% 2.02%

Condo/Townhome

Unit Type Price 1 Mo Change 1 Yr Change
1-Bedroom $1,561 – $1,665 0.36% 3.04%
2-Bedroom $2,008 – $2,111 0.37% 1.94%
3-Bedroom $2,690 – $2,896 0.25% 3.08%
4-Bedroom $2,985 – $3,152 0.32% 1.70%

Single-Family

Unit Type Price 1 Mo Change 1 Yr Change
1-Bedroom $1,690 – $1,802 -1.19% 3.91%
2-Bedroom $2,073 – $2,223 3.78% 7.08%
3-Bedroom $2,806 – $3,021 1.35% 3.03%
4-Bedroom $3,151 – $3,346 -1.90% 1.23%
Data updated: October 19, 2026
Hennepin Far Western Suburbs Rental Trends · Minneapolis metro

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
September 2026 $1,501 $1,837 $2,572 $2,998
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

Condo / Townhome

Month 1 BR 2 BR 3 BR 4 BR
September 2026 $1,613 $2,060 $2,793 $3,068
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

Single-Family

Month 1 BR 2 BR 3 BR 4 BR
September 2026 $1,746 $2,148 $2,914 $3,248
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

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