As of June 2026, rental prices in Summit Hill / Grand Avenue, MN range from $1,173 to $2,973 per month depending on property type and bedroom count.
The biggest year-over-year change is seen in 1BR apartment rents, which increased by 8.12%.
For 4-bedroom units, condo/townhomes carry a median rent of $2,973 compared to $2,653 for apartments.
What is the typical rent range in Summit Hill / Grand Avenue, MN as of June 2026?
As of June 2026, rents in Summit Hill / Grand Avenue, MN range from $1,173 for a 1BR apartment up to $2,973 for a 4BR condo/townhome.
Which property and bedroom combination is the most expensive in Summit Hill / Grand Avenue, MN right now?
The most expensive option is a 4-bedroom condo/townhome with a median rent of $2,973 as of June 2026.
Are overall rents trending up, down, or mixed in Summit Hill / Grand Avenue, MN?
Overall rents are mixed as of June 2026: 1BR and 2BR segments generally saw year-over-year increases, but 3BR and 4BR apartments and single-family homes posted declines (e.g., 4BR apartments down -6.24%, 4BR single-family down -2.64%).
In which bedroom category does one property type outperform the others by a wide margin in Summit Hill / Grand Avenue, MN?
In the 1BR segment, single-family homes have a much higher median rent ($1,774) than both apartments ($1,173) and condo/townhomes ($1,256) as of June 2026.
Summit Hill / Grand Avenue, MN
June 2026
55105
Long-term Rental Rates
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,126 – $1,220
6.04%
8.12%
2-Bedroom
$1,483 – $1,607
-2.08%
-0.12%
3-Bedroom
$2,292 – $2,410
2.94%
0.52%
4-Bedroom
$2,547 – $2,760
-3.68%
-6.24%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,228 – $1,284
0.46%
3.46%
2-Bedroom
$1,721 – $1,835
1.21%
3.03%
3-Bedroom
$2,530 – $2,686
0.73%
1.88%
4-Bedroom
$2,884 – $3,062
1.12%
2.41%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,751 – $1,831
1.31%
5.16%
2-Bedroom
$2,027 – $2,161
1.31%
3.92%
3-Bedroom
$2,492 – $2,646
-1.30%
-1.02%
4-Bedroom
$2,696 – $2,863
-2.05%
-2.64%
Data updated: July 19, 2026
In the Summit Hill / Grand Avenue (55105) rental market, 1-bedroom apartments recorded a notable 6.04% monthly rise in median rent, reaching $1,173, with an 8.12% increase year-over-year. This growth highlights heightened interest in compact apartment units across Summit Hill / Grand Avenue (55105).
Among 3-bedroom properties in Summit Hill / Grand Avenue (55105), condos and townhomes rent for $2,608—$39 more than single-family homes at $2,569. This advantage for condos suggests larger multi-family units command a premium in this segment.
Recent data show Summit Hill / Grand Avenue (55105) rental trends include a sharp -3.68% month-over-month drop for 4-bedroom apartments, lowering median rent to $2,653; the year-over-year change is also negative at -6.24%, indicating less demand for larger apartment units.
12-Month Median Rent Trend
Apartment
Month
1 BR
2 BR
3 BR
4 BR
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
August 2025
$1,076
$1,563
$2,368
$2,866
July 2025
$1,080
$1,532
$2,368
$2,847
Condo / Townhome
Month
1 BR
2 BR
3 BR
4 BR
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
August 2025
$1,189
$1,746
$2,604
$2,956
July 2025
$1,195
$1,726
$2,598
$2,939
Single-Family
Month
1 BR
2 BR
3 BR
4 BR
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
August 2025
$1,717
$2,074
$2,648
$2,908
July 2025
$1,705
$2,042
$2,628
$2,888
Similar Markets in Minneapolis-St. Paul-Bloomington