Rents are right about where Chaska's 10-year trend predicts.
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 $1,828 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
November. Asking rents in Chaska usually run 0.8% below trend in November and 0.6% above it in July, about $26 a month apart at today's median. Based on 5 years of data.
Rent in Chaska is at its highest level since Zillow's records here began in October 2021.
Rent in Chaska changed +2.2% over the year to September 2026. Across the 53 Minnesota cities Zillow tracks, the typical change was +3.4%.
Rent rose in 7 of the last 12 months.
30% of the median household income ($110,956) is $2,774 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,550).
Hopkins, 13 miles away, rents for 12% less ($1,617/mo), about $2,500 a year in savings.
From Zillow's monthly rent index (ZORI) for Chaska. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. 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
Chaska, MN is majority owner-occupied, has a large share of families with children, has a median income above the national average, 46.6% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Chaska, MN has changed in 5 years
Compared with 2022, rent in Chaska, MN has climbed by $243 per month, settling near $1,828 after starting the period at $1,585. Median household income grew from $95,633 to $110,956 between 2021 and 2024, a 16.0% shift. Headcount in the area went from 27,461 to 28,706 between 2021 and 2024, a 4.5% change. About 32.4% of households rent today, against 29.5% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 44.6% to 46.6%. Taken together, the five-year picture in Chaska, MN reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.
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Can you afford rent in Chaska on your salary?
At $1,828/mo, how Chaska rent compares to typical pay (30% rule).
Chaska rent by bedroom count
Median rent for each apartment size in Chaska. Click any size for full breakdown.
Tips for renters in Chaska
Last updated: October 17, 2026
The median rent in Chaska is $1,828/mo as of October 2026. A studio apartment averages $1,240/mo while a 2-bedroom runs $1,710/mo. One-bedroom apartments average $1,400/mo and 3-bedroom units go for $2,280/mo.
At 20% of local median household income ($110,956/yr), Chaska ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.2% over the past year.
Frequently asked questions
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Is rent going up or down in Chaska?
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How does Chaska rent compare to other cities in Minnesota?
Which nearby cities are cheaper to rent in than Chaska?
At $1,828/mo, rent takes ~20% of Chaska's median household income ($110,956/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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