Rents are 5% below what Burnsville's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,493 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: October 17, 2026
What the numbers show
Rent in Burnsville is at its highest level since Zillow's records here began in January 2017.
Rent in Burnsville changed +1.6% over the year to September 2026. Across the 53 Minnesota cities Zillow tracks, the typical change was +3.4%.
From 2019 to 2024, rent in Burnsville rose 19.6% while median household income rose 18.4% ($73,529 to $87,024). Rent outpaced income.
Rent in Burnsville is 22.8% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 2 months in a row, and rose in 7 of the last 12 months.
30% of the median household income ($87,024) is $2,176 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,835); a 3-bedroom is $2,445.
From Zillow's monthly rent index (ZORI) for Burnsville. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Burnsville, MN is majority owner-occupied, 39.8% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Burnsville, MN has changed in 5 years
Rent in Burnsville, MN has climbed 18.1% since 2021, going from about $1,264 per month to roughly $1,493 today. Household income in the area moved from $79,059 to $87,024 across the same window, up 10.1% versus 2021. Rent outpaced income growth by roughly 8.0 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. About 35.3% of households rent today, against 32.4% in 2021. Reading these numbers side by side helps frame whether current listings in Burnsville, MN look reasonable against where the market sat half a decade ago.
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Can you afford rent in Burnsville on your salary?
At $1,493/mo, how Burnsville rent compares to typical pay (30% rule).
Burnsville rent by bedroom count
Median rent for each apartment size in Burnsville. Click any size for full breakdown.
Tips for renters in Burnsville
Last updated: October 17, 2026
The median rent in Burnsville is $1,493/mo as of October 2026. A studio apartment averages $1,330/mo while a 2-bedroom runs $1,835/mo. One-bedroom apartments average $1,505/mo and 3-bedroom units go for $2,445/mo.
At 21% of local median household income ($87,024/yr), Burnsville ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.6% over the past year.
Frequently asked questions
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Which nearby cities are cheaper to rent in than Burnsville?
At $1,493/mo, rent takes ~21% of Burnsville's median household income ($87,024/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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