Hopkins, MN
April 2026
55305,55343
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,243 – $1,346 | -3.50% | -4.54% |
| 2-Bedroom | $1,604 – $1,773 | -4.45% | -3.47% |
| 3-Bedroom | $2,249 – $2,436 | -2.22% | 1.56% |
| 4-Bedroom | $2,810 – $3,026 | 0.94% | 3.66% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,385 – $1,427 | -3.22% | -0.93% |
| 2-Bedroom | $1,754 – $1,844 | 2.88% | 2.64% |
| 3-Bedroom | $2,361 – $2,482 | -5.07% | -2.93% |
| 4-Bedroom | $2,744 – $2,914 | -2.76% | -0.97% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,473 – $1,571 | -9.27% | -4.25% |
| 2-Bedroom | $1,959 – $2,046 | 0.51% | 4.86% |
| 3-Bedroom | $2,499 – $2,654 | -2.97% | -0.56% |
| 4-Bedroom | $2,861 – $3,038 | 0.70% | 2.56% |
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.