Long-term Rental Rates — April 2026 · ZIPs: 55105,55116
Local market data by Estaite
As of April 2026, rental prices in Highland / Mac Groveland / Summit, MN range from $1,144 to $3,005 per month depending on property type and bedroom count.
The biggest year-over-year increase was in 1BR condos/townhomes, where rents rose 7.50% in Highland / Mac Groveland / Summit, MN.
For 3BR units, single-family homes have a median rent of $2,577 while condos/townhomes are priced higher at $2,618.
What are the rent prices in Highland / Mac Groveland / Summit, MN as of April 2026?
Median rents range from $1,144 for 1BR apartments to $3,005 for 4BR condos/townhomes.
Which bedroom count and property type most dramatically outperforms the others in Highland / Mac Groveland / Summit, MN?
For 1BR homes, single-family rentals lead with a median rent of $1,739, exceeding apartment ($1,144) and condo/townhome ($1,274) by $595 and $465, respectively.
What is the price gap between apartments and condos for the same bedroom count in Highland / Mac Groveland / Summit, MN?
For 2BR units, apartments have a median rent of $1,523 while condos/townhomes are priced at $1,733, a $210 difference.
Which segment had an outlier value in Highland / Mac Groveland / Summit, MN for April 2026?
The sharpest month-over-month movement was seen in 3BR apartments, with a -7.75% MoM decline to $2,190.
Highland / Mac Groveland / Summit, MN
April 2026
55105,55116
Long-term Rental Rates
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,098 – $1,189
-1.26%
5.23%
2-Bedroom
$1,446 – $1,599
5.51%
3.67%
3-Bedroom
$2,120 – $2,260
-7.75%
-5.85%
4-Bedroom
$2,699 – $2,866
-2.00%
0.41%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,243 – $1,306
-0.85%
7.50%
2-Bedroom
$1,677 – $1,788
0.62%
3.66%
3-Bedroom
$2,521 – $2,714
0.34%
3.85%
4-Bedroom
$2,885 – $3,126
3.12%
6.15%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,718 – $1,795
0.52%
5.90%
2-Bedroom
$1,956 – $2,086
-1.66%
3.18%
3-Bedroom
$2,500 – $2,655
-0.34%
1.36%
4-Bedroom
$2,710 – $2,878
-2.44%
1.40%
Data updated: June 2, 2026
In the Highland / Mac Groveland / Summit (55105, 55116) rental market, median rent for 2-bedroom apartments surged to $1,523 with a 5.51% month-over-month increase in April 2026. This segment posted the strongest immediate price movement among all property types and bedroom counts during the period, signaling a notable upswing in demand for mid-sized apartment units.
Renters in Highland / Mac Groveland / Summit (55105, 55116) paid a median of $1,274 for 1-bedroom condos, outpacing 1-bedroom apartments by $130. This price gap highlights a preference or premium for condo living in the one-bedroom segment, despite condos experiencing a 0.85% MoM decrease versus the 1.26% decline for apartments.
Highland / Mac Groveland / Summit (55105, 55116) rental trends show that 4-bedroom condo/townhome rents reached $3,005, reflecting a 6.15% increase year-over-year. This annual gain leads all 4-bedroom property types in the area, indicating heightened demand for larger, multi-family rental options over the past year.
12-Month Median Rent Trend
Apartment
Month
1 BR
2 BR
3 BR
4 BR
April 2026
$1,144
$1,523
$2,190
$2,782
March 2026
$1,159
$1,451
$2,374
$2,839
February 2026
$1,149
$1,449
$2,340
$2,848
January 2026
$1,152
$1,510
$2,371
$2,882
December 2025
$1,160
$1,564
$2,395
$2,909
November 2025
$1,161
$1,542
$2,415
$2,925
October 2025
$1,150
$1,531
$2,421
$2,917
September 2025
$1,111
$1,531
$2,421
$2,910
August 2025
$1,088
$1,525
$2,415
$2,897
July 2025
$1,085
$1,488
$2,415
$2,878
June 2025
$1,080
$1,507
$2,386
$2,853
May 2025
$1,090
$1,492
$2,333
$2,810
Condo / Townhome
Month
1 BR
2 BR
3 BR
4 BR
April 2026
$1,274
$1,733
$2,618
$3,005
March 2026
$1,284
$1,718
$2,603
$2,917
February 2026
$1,265
$1,687
$2,604
$2,936
January 2026
$1,262
$1,712
$2,599
$2,959
December 2025
$1,242
$1,736
$2,624
$2,986
November 2025
$1,249
$1,750
$2,642
$3,000
October 2025
$1,233
$1,759
$2,654
$2,998
September 2025
$1,203
$1,755
$2,650
$2,988
August 2025
$1,170
$1,727
$2,625
$2,970
July 2025
$1,173
$1,711
$2,617
$2,947
June 2025
$1,194
$1,699
$2,580
$2,911
May 2025
$1,183
$1,677
$2,546
$2,868
Single-Family
Month
1 BR
2 BR
3 BR
4 BR
April 2026
$1,739
$2,021
$2,577
$2,794
March 2026
$1,730
$2,056
$2,586
$2,859
February 2026
$1,731
$2,064
$2,615
$2,852
January 2026
$1,739
$2,073
$2,591
$2,873
December 2025
$1,748
$2,091
$2,617
$2,918
November 2025
$1,753
$2,104
$2,668
$2,960
October 2025
$1,746
$2,097
$2,662
$2,938
September 2025
$1,737
$2,084
$2,654
$2,944
August 2025
$1,725
$2,064
$2,639
$2,910
July 2025
$1,710
$2,036
$2,612
$2,879
June 2025
$1,692
$2,009
$2,576
$2,830
May 2025
$1,665
$1,975
$2,555
$2,780
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