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City Report · MN

Champlin

Pop. 23,294·12th most expensive in Minnesota·Rental market data updated monthly for Champlin, MN
Median rent (all units)
$1,990/mo
Year-over-Year
Stable
Month-over-Month
-7.4%
vs US Median
+$25
Falling (Monthly)
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Most AffordableMost Expensive
Champlin · $1,990
More expensive than 58% of US cities · National median $1,965/mo
Affordability
21% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,990/mo, rent takes about 21% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$80,000/yr
Local median income
$116,102/yr
Based on the 30%-of-income rule using Champlin's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,360
1 BR
$1,540
2 BR
$1,880
3 BR
$2,500
4 BR+
$2,800
Research median
$1,880/mo

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

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$23,880/yr
At $1,990/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -7.4% MoM), not inventory.
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Demographics

Who lives here

Champlin, MN is majority owner-occupied, has a median income above the national average, 36.9% of residents hold a bachelor's degree or higher.

Population
23,294
Median income
$116,102
Median age
41.6
Renters
11.9%
Age distribution
24.1%
15.5%
26.7%
18.6%
15.1%
Under 1824.1%
18–3415.5%
35–5426.7%
55–6418.6%
65+15.1%
Gender
48.3%
51.7%
Male48.3%
Female51.7%
Race & ethnicity
75.8%
White75.8%
Black9.7%
Hispanic4.6%
Asian4.3%
Other5.7%
Education (25+)
23.5%
36.8%
36.9%
No HS diploma2.7%
HS diploma23.5%
Some college36.8%
Bachelor's+36.9%
Housing tenure
88.1%
Owner88.1%
Renter11.9%

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

2021 vs 2026

How Champlin, MN has changed in 5 years

Income
$104,200 → $116,102
up 11.4%
Population
23,877 → 23,294
down 2.4%
Renter share
10.1% → 11.9%
+1.8 pts
Bachelor's+
35.2% → 36.9%
+1.7 pts
Median age
41 → 41.6
+0.6 yrs

On the earnings side, the typical household in Champlin, MN now reports about $116,102, up from $104,200 in 2021. Census counts show Champlin, MN losing about 583 residents over the five-year window, down 2.4% on net. The renter share has risen from 10.1% to 11.9%, with owner-occupied housing accounting for the remainder.

Community

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View Champlin rent history (2015–2026) →
Salary vs rent

Can you afford rent in Champlin on your salary?

At $1,990/mo, how Champlin rent compares to typical pay (30% rule).

By apartment size

Champlin rent by bedroom count

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

Local insights

Tips for renters in Champlin

About renting in Champlin, MN

Last updated: July 20, 2026

The median rent in Champlin is $1,990/mo as of July 2026. A studio apartment averages $1,360/mo while a 2-bedroom runs $1,880/mo. One-bedroom apartments average $1,540/mo and 3-bedroom units go for $2,500/mo.

At 21% of local median household income ($116,102/yr), Champlin ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Champlin an affordable city for renters?

Champlin is considered very affordable for renters. At $1,990/mo, rent takes approximately 21% of the local median household income ($116,102/yr). The standard benchmark is 30%. Champlin falls comfortably within that range.

How much income do you need to rent in Champlin?

To keep rent at or below 30% of gross income, you would need to earn at least $80,000/year (~$38/hour full-time) to afford the median rent of $1,990/mo in Champlin. The local median household income is $116,102/yr, meaning the typical Champlin household meets that threshold.

Is rent going up or down in Champlin?

Rent in Champlin has been relatively stable over the past year, with a 0.0% change year over year as of July 2026.

How does Champlin rent compare to other cities in Minnesota?

Champlin is one of the pricier cities in Minnesota for rent, ranking #12 out of 67 tracked cities at $1,990/mo.

Which nearby cities are cheaper to rent in than Champlin?

Several nearby cities have lower median rents than Champlin ($1,990/mo): New Hope ($1,442/mo), Brooklyn Park ($1,649/mo), Coon Rapids ($1,700/mo).

What percentage of Champlin residents rent vs. own?

According to Census data, approximately 11.9% of Champlin households are renters, while 88.1% are owner-occupied. Champlin leans toward homeownership, which can mean a smaller rental inventory.

How does Champlin rent compare to the national average?

Champlin's median rent of $1,990/mo is $25 (1%) above the US national median of $1,965/mo. Within Minnesota, it ranks #12 out of 67 tracked cities.
Income Affordability
21%
VERY AFFORDABLE

At $1,990/mo, rent takes ~21% of Champlin's median household income ($116,102/yr). The standard benchmark is 30%.

Champlin 21%Benchmark 30%
State income tax5.35–9.85%
Run the Champlin affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Champlin, MN

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