Long-term Rental Rates — August 2026 · ZIPs: 55405,55408
Local market data by Estaite
As of August 2026, rental prices in Uptown / Chain of Lakes, MN range from $1,198 to $2,911 per month depending on property type and bedroom count.
The largest year-over-year change was a -11.86% decrease in 3BR apartment rents in Uptown / Chain of Lakes, MN.
For 2-bedroom units, single-family homes have a median rent of $1,984, higher than apartments at $1,590 and condos/townhomes at $1,728.
What is the current rent range in Uptown / Chain of Lakes, MN for August 2026?
In August 2026, rental prices in Uptown / Chain of Lakes, MN range from $1,198 for a 1BR apartment up to $2,911 for a 4BR condo/townhome.
Which rental segment in Uptown / Chain of Lakes, MN saw the biggest month-over-month change in August 2026?
The largest month-over-month movement was in single-family 4BR homes, with a decrease of -8.38% from the previous month.
Are there any unusual or outlier numbers in the Uptown / Chain of Lakes, MN rental market for August 2026?
The most notable outlier is the -11.86% year-over-year decline in rent for 3BR apartments, dropping to $1,888 as of August 2026.
Are rents generally rising or falling in Uptown / Chain of Lakes, MN as of August 2026?
In August 2026, Uptown / Chain of Lakes, MN experienced rent increases in 8 segments and rent decreases in 4 segments when comparing yearly changes across all property and bedroom types.
Uptown / Chain of Lakes, MN
August 2026
55405,55408
Long-term Rental Rates
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,150 – $1,246
-2.26%
6.24%
2-Bedroom
$1,510 – $1,669
-0.80%
3.84%
3-Bedroom
$1,794 – $1,982
-0.33%
-11.86%
4-Bedroom
$2,654 – $2,818
5.03%
-2.76%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,217 – $1,254
-2.85%
2.62%
2-Bedroom
$1,684 – $1,771
-1.58%
2.34%
3-Bedroom
$2,215 – $2,361
2.46%
-3.71%
4-Bedroom
$2,824 – $2,998
-1.83%
-0.54%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,679 – $1,800
5.00%
7.95%
2-Bedroom
$1,935 – $2,034
1.63%
2.15%
3-Bedroom
$2,526 – $2,682
6.95%
-0.95%
4-Bedroom
$2,557 – $2,770
-8.38%
-9.95%
Data updated: September 22, 2026
Uptown / Chain of Lakes Rental Trends
In the Uptown / Chain of Lakes (55405, 55408) rental market, 1-bedroom condos and townhomes reached a median rent of $1,290, reflecting a 3.2% increase month-over-month and a 9.1% jump year-over-year. This monthly rise puts 1BR condos $88 above apartments and $270 higher than single-family homes for the same bedroom count.
Among 2-bedroom rentals in Uptown / Chain of Lakes (55405, 55408), single-family homes stand at $1,946, rising 3.3% month-over-month and 4.5% year-over-year. This puts them $357 higher than 2BR apartments at $1,589, and $219 above 2BR condos/townhomes, highlighting a clear price premium for single-family living.
Rental data shaping Uptown / Chain of Lakes (55405, 55408) rental trends shows that 3-bedroom apartments declined 6.2% year-over-year to $1,929, with a further 3.5% decrease month-over-month. This segment trails 3BR condos/townhomes by $269 and 3BR single-family homes by $431 in median rent.
12-Month Median Rent Trend
Apartment
Month
1 BR
2 BR
3 BR
4 BR
August 2026
$1,198
$1,590
$1,888
$2,736
July 2026
$1,209
$1,598
$1,894
$2,637
June 2026
$1,198
$1,658
$1,895
$2,786
May 2026
$1,202
$1,589
$1,929
$2,760
April 2026
$1,216
$1,633
$1,987
$2,832
March 2026
$1,198
$1,519
$2,153
$2,776
February 2026
$1,139
$1,550
$2,059
$2,862
January 2026
$1,119
$1,576
$2,106
$2,841
December 2025
$1,138
$1,580
$2,085
$2,852
November 2025
$1,129
$1,605
$2,144
$2,911
October 2025
$1,115
$1,569
$2,170
$2,880
September 2025
$1,089
$1,546
$2,135
$2,916
Condo / Townhome
Month
1 BR
2 BR
3 BR
4 BR
August 2026
$1,235
$1,728
$2,288
$2,911
July 2026
$1,262
$1,754
$2,191
$2,969
June 2026
$1,256
$1,734
$2,168
$2,795
May 2026
$1,290
$1,727
$2,198
$2,924
April 2026
$1,249
$1,777
$2,357
$2,739
March 2026
$1,218
$1,783
$2,361
$2,859
February 2026
$1,238
$1,717
$2,338
$2,877
January 2026
$1,236
$1,725
$2,356
$2,923
December 2025
$1,218
$1,729
$2,377
$2,919
November 2025
$1,211
$1,778
$2,431
$2,951
October 2025
$1,201
$1,755
$2,432
$2,967
September 2025
$1,191
$1,703
$2,393
$2,965
Single-Family
Month
1 BR
2 BR
3 BR
4 BR
August 2026
$1,739
$1,984
$2,604
$2,664
July 2026
$1,666
$1,952
$2,433
$2,905
June 2026
$1,656
$2,040
$2,573
$2,874
May 2026
$1,560
$1,946
$2,360
$2,876
April 2026
$1,602
$1,885
$2,709
$2,811
March 2026
$1,657
$1,901
$2,608
$2,873
February 2026
$1,632
$1,923
$2,596
$2,858
January 2026
$1,631
$1,930
$2,592
$2,875
December 2025
$1,647
$1,946
$2,606
$2,913
November 2025
$1,652
$1,964
$2,629
$2,934
October 2025
$1,634
$1,959
$2,652
$2,932
September 2025
$1,629
$1,948
$2,669
$2,952
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