As of April 2026, rental prices in Inver Grove Heights, MN range from $1,540 to $2,934 per month depending on property type and bedroom count.

The largest year-over-year increase was for single-family 1BR units in Inver Grove Heights, MN, rising 6.02%.

For 2BR rentals in Inver Grove Heights, MN, single-family homes command a median rent of $2,060 compared to $1,686 for apartments.

What is the monthly rent range in Inver Grove Heights, MN for April 2026?

In April 2026, rents in Inver Grove Heights, MN span from $1,540 for a 1BR apartment to $2,934 for a 4BR apartment.

In Inver Grove Heights, MN, is there a bedroom count where one property type significantly outperforms the others?

Yes, for 1BR units in Inver Grove Heights, MN, single-family homes rent for $1,645, which is noticeably higher than both apartments at $1,540 and condos/townhomes at $1,556.

What is the rent premium between apartments and single-family homes for the same bedroom count in Inver Grove Heights, MN?

For 2BR rentals in Inver Grove Heights, MN, single-family homes rent for $2,060, which is $374 higher than apartments at $1,686.

Which segment in Inver Grove Heights, MN experienced the sharpest month-over-month rent change in April 2026?

The largest month-over-month movement was seen with apartments in the 1BR segment, which increased 2.39% from the prior month.

Inver Grove Heights, MN

April 2026

55076,55077

Long-term Rental Rates

Apartment

Unit Type Price 1 Mo Change 1 Yr Change
1-Bedroom $1,463 – $1,617 2.39% 3.25%
2-Bedroom $1,602 – $1,771 -1.92% -3.60%
3-Bedroom $2,332 – $2,562 1.06% 4.36%
4-Bedroom $2,854 – $3,022 0.40% 2.84%

Condo/Townhome

Unit Type Price 1 Mo Change 1 Yr Change
1-Bedroom $1,506 – $1,606 0.13% 3.79%
2-Bedroom $1,898 – $2,024 0.70% 5.03%
3-Bedroom $2,467 – $2,620 -0.30% 1.73%
4-Bedroom $2,746 – $2,916 -3.22% -0.96%

Single-Family

Unit Type Price 1 Mo Change 1 Yr Change
1-Bedroom $1,622 – $1,703 0.21% 6.02%
2-Bedroom $1,994 – $2,126 0.03% 5.32%
3-Bedroom $2,652 – $2,856 -0.53% 3.29%
4-Bedroom $2,812 – $2,986 -0.53% 2.08%
Data updated: June 2, 2026

In the Inver Grove Heights (55076, 55077) rental market, 1-bedroom apartments saw a month-over-month increase of 2.39%, pushing median rent up to $1,540. Annual rent for this segment grew 3.25%, signaling notable upward momentum for affordable apartment units in Inver Grove Heights (55076, 55077).

Median rent for 3-bedroom condos in Inver Grove Heights (55076, 55077) stood at $2,544, while 3-bedroom apartments averaged $2,447. Although condos are pricier by $97, their year-over-year growth of 1.73% was outpaced by apartments, which recorded a 4.36% annual increase.

Demand for larger homes continues as Inver Grove Heights (55076, 55077) rental trends show 2-bedroom single-family properties commanded $2,060 and posted a 5.32% year-over-year rent gain. In contrast, 2-bedroom apartments experienced a 3.60% annual decline, reflecting shifting preferences in this market.

12-Month Median Rent Trend

Apartment

Month 1 BR 2 BR 3 BR 4 BR
April 2026 $1,540 $1,686 $2,447 $2,934
March 2026 $1,503 $1,719 $2,422 $2,931
February 2026 $1,508 $1,749 $2,442 $2,945
January 2026 $1,532 $1,778 $2,473 $2,974
December 2025 $1,533 $1,849 $2,511 $2,997
November 2025 $1,533 $1,855 $2,513 $3,011
October 2025 $1,529 $1,827 $2,480 $3,003
September 2025 $1,517 $1,810 $2,444 $2,989
August 2025 $1,513 $1,774 $2,421 $2,970
July 2025 $1,505 $1,770 $2,412 $2,954
June 2025 $1,482 $1,756 $2,391 $2,928
May 2025 $1,486 $1,742 $2,376 $2,886

Condo / Townhome

Month 1 BR 2 BR 3 BR 4 BR
April 2026 $1,556 $1,961 $2,544 $2,831
March 2026 $1,554 $1,946 $2,555 $2,923
February 2026 $1,563 $1,963 $2,558 $2,946
January 2026 $1,567 $1,949 $2,571 $2,974
December 2025 $1,567 $1,949 $2,581 $2,991
November 2025 $1,570 $1,933 $2,596 $3,001
October 2025 $1,563 $1,976 $2,585 $2,992
September 2025 $1,553 $1,941 $2,597 $2,976
August 2025 $1,543 $1,920 $2,595 $2,959
July 2025 $1,531 $1,887 $2,563 $2,937
June 2025 $1,528 $1,870 $2,532 $2,909
May 2025 $1,513 $1,879 $2,500 $2,874

Single-Family

Month 1 BR 2 BR 3 BR 4 BR
April 2026 $1,645 $2,060 $2,754 $2,899
March 2026 $1,642 $2,060 $2,769 $2,912
February 2026 $1,642 $2,070 $2,795 $2,922
January 2026 $1,641 $2,075 $2,807 $2,944
December 2025 $1,644 $2,086 $2,826 $2,965
November 2025 $1,645 $2,087 $2,831 $2,944
October 2025 $1,637 $2,074 $2,817 $2,929
September 2025 $1,629 $2,062 $2,801 $2,995
August 2025 $1,618 $2,048 $2,783 $2,983
July 2025 $1,603 $2,031 $2,761 $2,953
June 2025 $1,584 $2,009 $2,733 $2,915
May 2025 $1,564 $1,980 $2,695 $2,870

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