Rents are right about where Fridley'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 $1,389 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
Rent in Fridley is at its highest level since Zillow's records here began in November 2022.
Rent in Fridley changed +5.2% over the year to September 2026. Across the 53 Minnesota cities Zillow tracks, the typical change was +3.4%.
Rent has risen 3 months in a row, and rose in 10 of the last 12 months.
30% of the median household income ($77,680) is $1,942 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,560); a 3-bedroom is $2,080.
From Zillow's monthly rent index (ZORI) for Fridley. 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
Fridley, MN is majority owner-occupied, 30% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Fridley, MN has changed in 5 years
Since 2023, the typical rent in Fridley, MN has increased from $1,239 to $1,389, a 12.1% change over five years. Household income in the area moved from $68,910 to $77,680 across the same window, up 12.7% versus 2021. The population has grown by 2.8% since 2021, moving from about 29,422 residents to roughly 30,241. Reading these numbers side by side helps frame whether current listings in Fridley, MN look reasonable against where the market sat half a decade ago.
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Can you afford rent in Fridley on your salary?
At $1,389/mo, how Fridley rent compares to typical pay (30% rule).
Fridley rent by bedroom count
Median rent for each apartment size in Fridley. Click any size for full breakdown.
Tips for renters in Fridley
Last updated: October 17, 2026
The median rent in Fridley is $1,389/mo as of October 2026. A studio apartment averages $1,130/mo while a 2-bedroom runs $1,560/mo. One-bedroom apartments average $1,280/mo and 3-bedroom units go for $2,080/mo.
At 21% of local median household income ($77,680/yr), Fridley ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.2% over the past year.
Frequently asked questions
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Is rent going up or down in Fridley?
How does Fridley rent compare to other cities in Minnesota?
At $1,389/mo, rent takes ~21% of Fridley's median household income ($77,680/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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