Inver Grove Heights, MN
August 2026
55076,55077
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,511 – $1,589 | -2.76% | 2.71% |
| 2-Bedroom | $1,778 – $1,896 | 2.37% | 3.60% |
| 3-Bedroom | $2,410 – $2,595 | -0.34% | 3.29% |
| 4-Bedroom | $2,958 – $3,103 | 0.70% | 1.80% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,573 – $1,677 | 1.08% | 5.31% |
| 2-Bedroom | $1,970 – $2,101 | 1.65% | 5.60% |
| 3-Bedroom | $2,503 – $2,657 | 0.10% | -0.76% |
| 4-Bedroom | $2,923 – $3,095 | 0.69% | 1.88% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,687 – $1,759 | 0.71% | 5.35% |
| 2-Bedroom | $2,068 – $2,204 | 0.81% | 4.32% |
| 3-Bedroom | $2,648 – $2,812 | 1.80% | -1.57% |
| 4-Bedroom | $2,912 – $3,092 | 0.47% | 0.65% |
In the Inver Grove Heights (55076, 55077) rental market, 2-bedroom apartments posted a notable monthly increase, climbing 5.7% to a median of $1,786. This is the largest one-month gain among all tracked property types and bedroom counts in Inver Grove Heights (55076, 55077) for May 2026, signaling heightened demand and upward price pressure in this segment.
Pricing data for Inver Grove Heights (55076, 55077) shows single-family 1-bedroom homes lead their segment at $1,655, outpacing 1-bedroom apartments at $1,578 by $77 and 1-bedroom condos/townhomes at $1,588 by $67. This premium reflects continued demand for detached rental living at the entry-level bedroom size.
On an annual basis, Inver Grove Heights (55076, 55077) rental trends highlight that 3-bedroom condos and townhomes saw a 4.04% year-over-year increase, reaching a median rent of $2,595. This compares with a 3.55% annual rise for 3-bedroom single-family homes, pointing to competitive growth in attached multifamily options.