Hopkins, MN
June 2026
55305,55343
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,299 – $1,407 | 3.52% | -1.53% |
| 2-Bedroom | $1,566 – $1,731 | -1.51% | -6.77% |
| 3-Bedroom | $2,162 – $2,390 | -5.29% | -4.06% |
| 4-Bedroom | $2,834 – $3,009 | 0.41% | 2.48% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,350 – $1,411 | -1.28% | -3.27% |
| 2-Bedroom | $1,768 – $1,859 | 2.23% | 1.12% |
| 3-Bedroom | $2,436 – $2,561 | -0.59% | -2.44% |
| 4-Bedroom | $2,937 – $3,077 | 1.22% | 2.10% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,632 – $1,716 | 1.11% | 2.45% |
| 2-Bedroom | $2,020 – $2,166 | 4.66% | 8.07% |
| 3-Bedroom | $2,619 – $2,781 | 1.98% | 2.28% |
| 4-Bedroom | $2,883 – $3,062 | 0.27% | 1.83% |
In the Hopkins (55305, 55343) rental market, 2-bedroom condos and townhomes climbed to a median rent of $1,799, representing a 2.88% month-over-month increase. This gave condos and townhomes a $110 premium over apartments, which saw a median of $1,689 and a 4.45% MoM decline.
Annual appreciation was strongest for the 4-bedroom apartment segment in Hopkins (55305, 55343), where median rent rose 3.66% year-over-year, reaching $2,918. Month-over-month, these units posted a 0.94% gain, outpacing most other property types in this size range.
Among notable changes, Hopkins (55305, 55343) rental trends show 1-bedroom single-family homes experienced a steep 9.27% month-over-month decrease, with median rent falling to $1,522. Year-over-year, this segment declined by 4.25%, a sharper drop than observed in comparable apartment and condo units.