Rents are 2% below what Eden Prairie'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 $1,837 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
December. Asking rents in Eden Prairie usually run 1.7% below trend in December and 1% above it in June, about $50 a month apart at today's median. Based on 10 years of data.
Rent in Eden Prairie is 0.2% below its high of $1,841 in August 2026, at $1,837 as of September 2026.
Rent in Eden Prairie changed +3.7% over the year to September 2026. Across the 53 Minnesota cities Zillow tracks, the typical change was +3.4%.
From 2019 to 2024, rent in Eden Prairie rose 22.5% while median household income rose 16.5% ($111,981 to $130,489). Rent outpaced income.
Rent in Eden Prairie is 24.7% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent rose in 9 of the last 12 months.
30% of the median household income ($130,489) is $3,262 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($3,240).
Hopkins, 5 miles away, rents for 12% less ($1,617/mo), about $2,600 a year in savings.
From Zillow's monthly rent index (ZORI) for Eden Prairie. 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
Eden Prairie, MN is majority owner-occupied, has a median income above the national average, 64.9% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Eden Prairie, MN has changed in 5 years
The median rent in Eden Prairie, MN stood at $1,489 in 2021 and currently runs about $1,837, reflecting a 23.4% increase over the period. Median household income rose from $120,170 to $130,489 between 2021 and 2024, a 8.6% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 1.6% since 2021, moving from about 64,048 residents to roughly 63,051. Taken together, the five-year picture in Eden Prairie, 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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At $1,837/mo, how Eden Prairie rent compares to typical pay (30% rule).
Eden Prairie rent by bedroom count
Median rent for each apartment size in Eden Prairie. Click any size for full breakdown.
Tips for renters in Eden Prairie
Last updated: October 17, 2026
The median rent in Eden Prairie is $1,837/mo as of October 2026. A studio apartment averages $1,570/mo while a 2-bedroom runs $2,170/mo. One-bedroom apartments average $1,775/mo and 3-bedroom units go for $2,890/mo.
At 17% of local median household income ($130,489/yr), Eden Prairie ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.7% over the past year.
Frequently asked questions
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Which nearby cities are cheaper to rent in than Eden Prairie?
At $1,837/mo, rent takes ~17% of Eden Prairie's median household income ($130,489/yr). The standard benchmark is 30%.
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