As of August 2026, rental prices in Stillwater / Oak Park Heights, MN range from $1,379 to $3,049 per month depending on property type and bedroom count.

The largest annual change was a 7.49% increase for 2-bedroom condo/townhomes in Stillwater / Oak Park Heights, MN compared to August 2025.

For 3-bedroom units, condos/townhomes rent for $2,587 while single-family homes rent for $2,553.

What is the current rent range in Stillwater / Oak Park Heights, MN for August 2026?

Rents in Stillwater / Oak Park Heights, MN span from $1,379 for a 1-bedroom apartment to $3,049 for a 4-bedroom single-family home as of August 2026.

Are overall rents in Stillwater / Oak Park Heights, MN going up, down, or showing a mixed pattern?

Overall rents in Stillwater / Oak Park Heights, MN are mixed, with YoY increases such as 7.49% for 2BR condos/townhomes and 6.27% for 2BR apartments, but YoY decreases in some segments, including -4.61% for 3BR single-family homes and -0.37% for 4BR single-family.

What is the rent premium between condos/townhomes and single-family homes for the same bedroom count in Stillwater / Oak Park Heights, MN?

In August 2026, 2-bedroom condos/townhomes rent for $2,049 while 2-bedroom single-family homes rent for $2,091—a $42 premium for single-family; for 4-bedrooms, condos/townhomes rent for $2,987 versus $3,049 for single-family—a $62 premium for single-family.

Which segment had the fastest annual rent growth in Stillwater / Oak Park Heights, MN, and was this growth broad or focused?

The biggest annual rent increase was for 2-bedroom condos/townhomes, up 7.49% YoY to $2,049, with condos/townhomes also seeing positive YoY growth in 1BR (2.34%), 2BR (7.49%), and 4BR (2.61%) segments, but a slight decline in 3BRs (-0.19%), indicating strong but not uniform performance across condo/townhome unit sizes.

Stillwater / Oak Park Heights, MN

August 2026

55082

Long-term Rental Rates

Apartment

Unit Type Price 1 Mo Change 1 Yr Change
1-Bedroom $1,274 – $1,331 -12.82% -4.58%
2-Bedroom $1,754 – $1,881 -0.41% 6.23%
3-Bedroom $2,525 – $2,681 0.67% 2.72%
4-Bedroom $2,986 – $3,080 1.03% 2.57%

Condo/Townhome

Unit Type Price 1 Mo Change 1 Yr Change
1-Bedroom $1,505 – $1,582 -1.07% 2.34%
2-Bedroom $1,977 – $2,120 -0.40% 7.49%
3-Bedroom $2,509 – $2,665 0.28% -0.19%
4-Bedroom $2,897 – $3,077 1.22% 2.61%

Single-Family

Unit Type Price 1 Mo Change 1 Yr Change
1-Bedroom $1,713 – $1,775 1.18% 5.39%
2-Bedroom $2,032 – $2,158 1.11% 5.29%
3-Bedroom $2,634 – $2,797 3.93% 1.48%
4-Bedroom $2,957 – $3,140 -0.82% -0.37%
Data updated: September 24, 2026
Stillwater / Oak Park Heights Rental Trends

In the Stillwater / Oak Park Heights (55082) rental market, the median rent for 1-bedroom apartments dropped 7.7% month-over-month, landing at $1,379 for August 2026. Despite this steep monthly decrease, the segment maintained a 1.01% increase year-over-year, underscoring volatility in short-term pricing.

Demand for 2-bedroom condo/townhome units in Stillwater / Oak Park Heights (55082) pushed median rent up 7.49% year-over-year to $2,049. This leads the corresponding 2BR apartment segment—priced at $1,818—by $231, and also exceeds its 6.27% annual growth.

Among notable shifts, Stillwater / Oak Park Heights (55082) rental trends indicate that 3-bedroom single-family homes declined 4.61% year-over-year to a median of $2,553. In comparison, 3BR apartments rose 2.72%, reaching $2,603 during the same period.

12-Month Median Rent Trend

Apartment

Month 1 BR 2 BR 3 BR 4 BR
August 2026 $1,303 $1,818 $2,603 $3,036
June 2026 $1,494 $1,825 $2,586 $3,005
May 2026 $1,479 $1,781 $2,568 $2,982
April 2026 $1,456 $1,804 $2,564 $2,973
March 2026 $1,354 $1,795 $2,563 $2,962
February 2026 $1,434 $1,815 $2,579 $2,979
January 2026 $1,471 $1,823 $2,594 $3,002
December 2025 $1,487 $1,832 $2,603 $3,018
November 2025 $1,489 $1,809 $2,596 $3,017
October 2025 $1,469 $1,790 $2,583 $3,001
September 2025 $1,451 $1,758 $2,574 $2,982
August 2025 $1,388 $1,740 $2,560 $2,967

Condo / Townhome

Month 1 BR 2 BR 3 BR 4 BR
August 2026 $1,543 $2,049 $2,587 $2,987
June 2026 $1,560 $2,057 $2,580 $2,951
May 2026 $1,542 $2,065 $2,561 $2,917
April 2026 $1,526 $2,049 $2,608 $2,899
March 2026 $1,519 $1,946 $2,596 $2,892
February 2026 $1,522 $1,949 $2,581 $2,914
January 2026 $1,525 $1,954 $2,589 $2,938
December 2025 $1,526 $1,961 $2,615 $2,961
November 2025 $1,525 $1,960 $2,606 $2,969
October 2025 $1,486 $1,960 $2,639 $2,956
September 2025 $1,478 $1,948 $2,626 $2,943
August 2025 $1,475 $1,935 $2,610 $2,926

Single-Family

Month 1 BR 2 BR 3 BR 4 BR
August 2026 $1,720 $2,091 $2,716 $3,049
June 2026 $1,700 $2,068 $2,613 $3,074
May 2026 $1,677 $2,050 $2,654 $3,130
April 2026 $1,659 $2,028 $2,555 $3,168
March 2026 $1,645 $2,018 $2,648 $3,020
February 2026 $1,643 $2,014 $2,640 $3,064
January 2026 $1,654 $2,016 $2,691 $3,104
December 2025 $1,667 $2,016 $2,712 $3,123
November 2025 $1,667 $2,017 $2,687 $3,134
October 2025 $1,658 $2,010 $2,698 $3,135
September 2025 $1,649 $2,006 $2,676 $3,114
August 2025 $1,640 $1,995 $2,678 $3,081

Similar Markets in Minneapolis-St. Paul-Bloomington