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City Report · MN

Coon Rapids

Pop. 63,468·33rd most expensive in Minnesota·Coon Rapids rents are up 12.7% over the past year
Median rent (all units)
$1,700/mo
Year-over-Year
+12.7%
Month-over-Month
+2.8%
vs US Median
-$265
Rising (Monthly)
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Most AffordableMost Expensive
Coon Rapids · $1,700
More affordable than 61% of US cities · National median $1,965/mo
Rent Reality Score
41/100
Fairly priced
OverheatedFairGreat value

Rents are 4% above what Coon Rapids's 10-year trend predicts — running hotter than its own history.

Actual rent
$1,700/mo
Expected by trend
$1,630/mo
The Rent Reality Score compares today's median rent to where Coon Rapids's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,325
1 BR
$1,505
2 BR
$1,835
3 BR
$2,445
4 BR+
$2,740
Research median
$1,835/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
$20,400/yr
At $1,700/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 12.7% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+12.7% YoY, +2.8% MoM), not inventory.
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Demographics

Who lives here

Coon Rapids, MN is majority owner-occupied, 25.7% of residents hold a bachelor's degree or higher.

Population
63,468
Median income
$88,251
Median age
39
Renters
25.2%
Age distribution
21.5%
22.7%
25.8%
13.5%
16.5%
Under 1821.5%
18–3422.7%
35–5425.8%
55–6413.5%
65+16.5%
Gender
48.9%
51.1%
Male48.9%
Female51.1%
Race & ethnicity
72%
White72%
Black9.6%
Hispanic5.8%
Asian7.4%
Other5.1%
Education (25+)
31%
37.5%
25.7%
No HS diploma5.8%
HS diploma31%
Some college37.5%
Bachelor's+25.7%
Housing tenure
74.8%
25.2%
Owner74.8%
Renter25.2%

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

2021 vs 2026

How Coon Rapids, MN has changed in 5 years

Rent
$1,305 → $1,700
up 30.3%
Income
$79,110 → $88,251
up 11.6%
Population
63,269 → 63,468
up 0.3%
Renter share
25.4% → 25.2%
-0.2 pts
Bachelor's+
24.6% → 25.7%
+1.1 pts

The median rent in Coon Rapids, MN stood at $1,305 in 2021 and currently runs about $1,700, reflecting a 30.3% increase over the period. Local incomes tracked alongside that move, going from a median of $79,110 in 2021 to $88,251 more recently. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Coon Rapids, MN market of 2021.

Community

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View Coon Rapids rent history (2015–2026) →
Salary vs rent

Can you afford rent in Coon Rapids on your salary?

At $1,700/mo, how Coon Rapids rent compares to typical pay (30% rule).

By apartment size

Coon Rapids rent by bedroom count

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

Local insights

Tips for renters in Coon Rapids

About renting in Coon Rapids, MN

Last updated: July 20, 2026

The median rent in Coon Rapids is $1,700/mo as of July 2026. A studio apartment averages $1,325/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 23% of local median household income ($88,251/yr), Coon Rapids ranks as affordable compared to the national benchmark of 30%. Rents have increased 12.7% over the past year.

FAQ

Frequently asked questions

Is Coon Rapids an affordable city for renters?

Coon Rapids is considered very affordable for renters. At $1,700/mo, rent takes approximately 23% of the local median household income ($88,251/yr). The standard benchmark is 30%. Coon Rapids falls comfortably within that range.

How much income do you need to rent in Coon Rapids?

To keep rent at or below 30% of gross income, you would need to earn at least $68,000/year (~$33/hour full-time) to afford the median rent of $1,700/mo in Coon Rapids. The local median household income is $88,251/yr, meaning the typical Coon Rapids household meets that threshold.

Is rent going up or down in Coon Rapids?

Rent in Coon Rapids has increased 12.7% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Coon Rapids neighborhoods have the lowest rent?

The most affordable ZIP codes in Coon Rapids are 55433 ($1,689/mo), and 55448 ($1,895/mo). Citywide, the median rent in Coon Rapids is $1,700/mo.

How does Coon Rapids rent compare to other cities in Minnesota?

Coon Rapids is middle-of-the-pack for Minnesota for rent, ranking #33 out of 67 tracked cities at $1,700/mo.

Which nearby cities are cheaper to rent in than Coon Rapids?

Several nearby cities have lower median rents than Coon Rapids ($1,700/mo): Fridley ($1,410/mo), Anoka ($1,439/mo), Brooklyn Park ($1,649/mo).

What percentage of Coon Rapids residents rent vs. own?

According to Census data, approximately 25.2% of Coon Rapids households are renters, while 74.8% are owner-occupied. Coon Rapids leans toward homeownership, which can mean a smaller rental inventory.

How does Coon Rapids rent compare to the national average?

Coon Rapids's median rent of $1,700/mo is $265 (13%) below the US national median of $1,965/mo. Within Minnesota, it ranks #33 out of 67 tracked cities.
Income Affordability
23%
VERY AFFORDABLE

At $1,700/mo, rent takes ~23% of Coon Rapids's median household income ($88,251/yr). The standard benchmark is 30%.

Coon Rapids 23%Benchmark 30%
State income tax5.35–9.85%
Run the Coon Rapids affordability calculator →
Lowest-rent ZIP codes in Coon Rapids
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Coon Rapids, MN

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