How much does it cost to rent in Burnsville, MN?

As of July 2026, the median monthly rent in Burnsville, MN is $1,486. This figure is based on aggregated data from public sources and community-submitted rents.

Is Burnsville cheaper than other Minnesota cities?

Burnsville is among the more affordable cities in Minnesota, ranking #46 out of 67 cities at $1,486/mo.

When was Burnsville rent data last updated?

Burnsville rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · MN

Burnsville

Name: Average Rent Prices in Burnsville, MN
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 64,463·46th most expensive in Minnesota·Rental market data updated monthly for Burnsville, MN

Median rent (all units)

$1,486/mo

Year-over-Year

+0.2%

Month-over-Month

+1.8%

vs US Median

-$479

Rising (Monthly)

Be the first to discuss Burnsville rents ↓

Most AffordableMost Expensive

Burnsville · $1,486

More affordable than 77% of US cities · National median $1,965/mo

Rent Reality Score

54/100

Fairly priced

OverheatedFairGreat value

Rents are 2% below what Burnsville's 10-year trend predicts — a better deal than its own history suggests.

Actual rent

$1,486/mo

Expected by trend

$1,517/mo

The Rent Reality Score compares today's median rent to where Burnsville's own long-run trajectory projects it should be. See the full rankings →

Medians by bedroom

Rent by unit size

Studio

$1,330

1 BR

$1,505

2 BR

$1,835

3 BR

$2,445

4 BR+

$2,735

Research median

$1,835/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost

$17,832/yr

At $1,486/mo median

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (0.2% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+0.2% YoY, +1.8% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Burnsville, MN is majority owner-occupied, 39.8% of residents hold a bachelor's degree or higher.

Population

64,463

Median income

$87,024

Median age

36.7

Renters

35.3%

Age distribution

22.4%

24.4%

23.6%

12.7%

16.9%

Under 1822.4%

18–3424.4%

35–5423.6%

55–6412.7%

65+16.9%

Gender

47.9%

52.1%

Male47.9%

Female52.1%

Race & ethnicity

63.1%

13.5%

12.3%

White63.1%

Black13.5%

Hispanic12.3%

Asian5.6%

Other5.5%

Education (25+)

20.1%

32.5%

39.8%

No HS diploma7.7%

HS diploma20.1%

Some college32.5%

Bachelor's+39.8%

Housing tenure

64.7%

35.3%

Owner64.7%

Renter35.3%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Burnsville, MN has changed in 5 years

Rent

$1,226 → $1,486

up 21.2%

Income

$79,059 → $87,024

up 10.1%

Population

63,926 → 64,463

up 0.8%

Renter share

32.4% → 35.3%

+2.9 pts

Bachelor's+

38.3% → 39.8%

+1.5 pts

Median age

37.6 → 36.7

-0.9 yrs

Rent in Burnsville, MN has climbed 21.2% since 2021, going from about $1,226 per month to roughly $1,486 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 11.1 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.

Community

Discussions about Burnsville

No discussions yet. Start the conversation.

View Burnsville rent history (2015–2026) →

Salary vs rent

Can you afford rent in Burnsville on your salary?

At $1,486/mo, how Burnsville rent compares to typical pay (30% rule).

Registered Nurse

Avg $98,259/yr · Rent = 18.1% income

very comfortable

Elementary School Teacher

Avg $69,763/yr · Rent = 25.6% income

affordable

Police Officer

Avg $80,361/yr · Rent = 22.2% income

affordable

Software Developer

Avg $143,634/yr · Rent = 12.4% income

very comfortable

Lawyer

Avg $183,529/yr · Rent = 9.7% income

very comfortable

Firefighter

Avg $65,322/yr · Rent = 27.3% income

affordable

Truck Driver

Avg $58,978/yr · Rent = 30.2% income

stretched

Electrician

Avg $72,696/yr · Rent = 24.5% income

affordable

By apartment size

Burnsville rent by bedroom count

Median rent for each apartment size in Burnsville. Click any size for full breakdown.

Local insights

Tips for renters in Burnsville

About renting in Burnsville, MN

Last updated: July 20, 2026

The median rent in Burnsville is $1,486/mo as of July 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 20% of local median household income ($87,024/yr), Burnsville ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.2% over the past year.

FAQ

Frequently asked questions

Is Burnsville an affordable city for renters?

Burnsville is considered very affordable for renters. At $1,486/mo, rent takes approximately 20% of the local median household income ($87,024/yr). The standard benchmark is 30%. Burnsville falls comfortably within that range.

How much income do you need to rent in Burnsville?

To keep rent at or below 30% of gross income, you would need to earn at least $59,000/year (~$28/hour full-time) to afford the median rent of $1,486/mo in Burnsville. The local median household income is $87,024/yr, meaning the typical Burnsville household meets that threshold.

Is rent going up or down in Burnsville?

Rent in Burnsville has been relatively stable over the past year, with a 0.2% change year over year as of July 2026.

Which Burnsville neighborhoods have the lowest rent?

The most affordable ZIP codes in Burnsville are 55306 ($1,403/mo), and 55337 ($1,504/mo). Citywide, the median rent in Burnsville is $1,486/mo.

How does Burnsville rent compare to other cities in Minnesota?

Burnsville is one of the more affordable cities in Minnesota for rent, ranking #46 out of 67 tracked cities at $1,486/mo.

Which nearby cities are cheaper to rent in than Burnsville?

Richfield is nearby and more affordable at $1,318/mo, which is $168 less than Burnsville.

What percentage of Burnsville residents rent vs. own?

According to Census data, approximately 35.3% of Burnsville households are renters, while 64.7% are owner-occupied. Burnsville leans toward homeownership, which can mean a smaller rental inventory.

How does Burnsville rent compare to the national average?

Burnsville's median rent of $1,486/mo is $479 (24%) below the US national median of $1,965/mo. Within Minnesota, it ranks #46 out of 67 tracked cities.

Income Affordability

20%

VERY AFFORDABLE

At $1,486/mo, rent takes ~20% of Burnsville's median household income ($87,024/yr). The standard benchmark is 30%.

Burnsville 20%Benchmark 30%

State income tax5.35–9.85%

Run the Burnsville affordability calculator →

Nearby cities