Rents are 2% 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 $1,489 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: August 17, 2026
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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 21.5% since 2021, going from about $1,226 per month to roughly $1,489 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 11.4 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.
Discussions about Burnsville
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Can you afford rent in Burnsville on your salary?
At $1,489/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: August 17, 2026
The median rent in Burnsville is $1,489/mo as of August 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 decreased 0.4% over the past year.
Frequently asked questions
Is Burnsville an affordable city for renters?
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Which Burnsville neighborhoods have the lowest rent?
How does Burnsville rent compare to other cities in Minnesota?
Which nearby cities are cheaper to rent in than Burnsville?
What percentage of Burnsville residents rent vs. own?
How does Burnsville rent compare to the national average?
At $1,489/mo, rent takes ~21% of Burnsville's median household income ($87,024/yr). The standard benchmark is 30%.
How does this area stack up?
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Estimated from ZIP-level data
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