Summit Hill / Grand Avenue, MN · Minneapolis metro
Long-term Rental Rates — September 2026 · ZIPs: 55105
Local market data by Estaite
As of September 2026, rental prices in Summit Hill / Grand Avenue (55105), in the Minneapolis metro area, range from $1,194 to $3,026 per month depending on property type and bedroom count.
The largest year-over-year change was a -47.71% decline for 4BR apartments in Summit Hill / Grand Avenue, MN.
For 2BR homes, single-family and condo/townhomes are nearly identical at $1,843 and $1,842, while apartments are lower at $1,643.
What are the lowest and highest rents available in Summit Hill / Grand Avenue, MN right now?
As of September 2026, rental prices in Summit Hill / Grand Avenue, MN range from $1,194 for a 1BR apartment to $3,026 for a 4BR condo/townhome.
Which rental segment is the most expensive in Summit Hill / Grand Avenue, MN?
The most expensive median rent is $3,026 for a 4BR condo/townhome as of September 2026.
How are rents trending across property types and bedroom counts in Summit Hill / Grand Avenue, MN for September 2026?
1BR apartments increased 10.99% YoY, 1BR condo/townhomes rose 13.20% YoY, while 4BR apartment rents dropped -47.71% YoY and 2BR single-family homes fell -11.13% YoY.
Where does one property type rent far above the others for a specific bedroom count in Summit Hill / Grand Avenue, MN?
For 4BR units, condo/townhomes stand out with a median rent of $3,026, compared to $2,880 for single-family homes and $2,727 for apartments as of September 2026.
Summit Hill / Grand Avenue, MN· Minneapolis metro
September 2026
55105
Long-term Rental Rates
Long-term rental rates for Summit Hill / Grand Avenue (55105), in the Minneapolis metro area, as of September 2026.
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,146 – $1,242
1.48%
10.99%
2-Bedroom
$1,566 – $1,720
4.92%
5.12%
3-Bedroom
$2,314 – $2,433
-1.92%
0.24%
4-Bedroom
$2,577 – $2,877
0.00%
-47.71%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,306 – $1,386
1.20%
13.20%
2-Bedroom
$1,783 – $1,901
2.66%
5.51%
3-Bedroom
$2,356 – $2,527
-1.27%
-6.25%
4-Bedroom
$2,935 – $3,117
0.33%
2.37%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,698 – $1,785
0.35%
1.43%
2-Bedroom
$1,770 – $1,917
-10.75%
-11.13%
3-Bedroom
$2,506 – $2,660
-0.48%
-2.45%
4-Bedroom
$2,793 – $2,966
-3.88%
-0.97%
Data updated: October 19, 2026
Summit Hill / Grand Avenue Rental Trends · Minneapolis metro
In the Summit Hill / Grand Avenue (55105) rental market, 1-bedroom condos and townhomes posted a sharp month-over-month increase, rising 5.89% to $1,330. This pace of growth outperformed the 0.31% MoM uptick in 1-bedroom apartments, highlighting stronger immediate demand for condo units in the entry-level segment.
Within larger units, single-family 4-bedroom homes in Summit Hill / Grand Avenue (55105) surged 7.79% MoM to a median of $2,996, topping the 2.78% increase seen for 4-bedroom apartments at $2,727. This marks single-family homes as the fastest-moving segment among spacious rentals.
After recent gains, Summit Hill / Grand Avenue (55105) rental trends show 3-bedroom condos/townhomes declined 5.2% MoM to $2,473, while their single-family counterparts increased 1.05% to $2,596. This divergence signals a meaningful shift in demand for mid-size properties.
12-Month Median Rent Trend
Apartment
Month
1 BR
2 BR
3 BR
4 BR
September 2026
$1,194
$1,643
$2,374
$2,727
August 2026
$1,177
$1,566
$2,420
$2,727
June 2026
$1,173
$1,545
$2,351
$2,653
May 2026
$1,106
$1,578
$2,284
$2,755
April 2026
$1,096
$1,653
$2,119
$2,738
March 2026
$1,164
$1,552
$2,372
$2,825
February 2026
$1,149
$1,521
$2,315
$2,836
January 2026
$1,153
$1,562
$2,340
$2,847
December 2025
$1,155
$1,582
$2,374
$2,876
November 2025
$1,158
$1,622
$2,395
$2,895
October 2025
$1,140
$1,630
$2,357
$2,887
September 2025
$1,106
$1,622
$2,373
$2,880
Condo / Townhome
Month
1 BR
2 BR
3 BR
4 BR
September 2026
$1,346
$1,842
$2,441
$3,026
August 2026
$1,330
$1,794
$2,473
$3,016
June 2026
$1,256
$1,778
$2,608
$2,973
May 2026
$1,250
$1,757
$2,589
$2,940
April 2026
$1,243
$1,749
$2,569
$3,058
March 2026
$1,288
$1,734
$2,559
$2,903
February 2026
$1,267
$1,718
$2,552
$2,921
January 2026
$1,268
$1,731
$2,568
$2,944
December 2025
$1,231
$1,746
$2,598
$2,972
November 2025
$1,255
$1,807
$2,622
$2,985
October 2025
$1,238
$1,805
$2,621
$2,982
September 2025
$1,244
$1,776
$2,622
$2,973
Single-Family
Month
1 BR
2 BR
3 BR
4 BR
September 2026
$1,742
$1,843
$2,583
$2,880
August 2026
$1,736
$2,065
$2,596
$2,996
June 2026
$1,774
$2,094
$2,569
$2,780
May 2026
$1,751
$2,067
$2,602
$2,838
April 2026
$1,737
$2,056
$2,639
$2,816
March 2026
$1,727
$2,057
$2,583
$2,795
February 2026
$1,728
$2,066
$2,621
$2,819
January 2026
$1,735
$2,075
$2,559
$2,852
December 2025
$1,742
$2,095
$2,590
$2,912
November 2025
$1,745
$2,112
$2,662
$2,955
October 2025
$1,738
$2,106
$2,660
$2,926
September 2025
$1,728
$2,094
$2,659
$2,920
Similar Markets in Minneapolis-St. Paul-Bloomington