How much does it cost to rent in Ramsey, MN?

As of July 2026, the median monthly rent in Ramsey, MN is $1,968. This figure is based on aggregated data from public sources and community-submitted rents.

Is Ramsey cheaper than other Minnesota cities?

Ramsey is one of the pricier cities in Minnesota, ranking #15 out of 67 cities tracked at $1,968/mo.

When was Ramsey rent data last updated?

Ramsey rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · MN

Ramsey

Name: Average Rent Prices in Ramsey, MN
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 28,421·15th most expensive in Minnesota·Rental market data updated monthly for Ramsey, MN

Median rent (all units)

$1,968/mo

Year-over-Year

+4.8%

Month-over-Month

+1.1%

vs US Median

+$3

Rising (Monthly)

Be the first to discuss Ramsey rents ↓

Most AffordableMost Expensive

Ramsey · $1,968

More expensive than 57% of US cities · National median $1,965/mo

Affordability

20% of income

VERY AFFORDABLE

0%30% benchmark60%+

At $1,968/mo, rent takes about 20% of the local median household income, comfortably within the 30% benchmark.

Income to afford

$79,000/yr

Local median income

$116,415/yr

Based on the 30%-of-income rule using Ramsey's median rent and household income. See the full affordability breakdown →

Medians by bedroom

Rent by unit size

Studio

$1,170

1 BR

$1,330

2 BR

$1,620

3 BR

$2,160

4 BR+

$2,420

Research median

$1,620/mo

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

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost

$23,616/yr

At $1,968/mo median

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 4.8% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+4.8% YoY, +1.1% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Ramsey, MN is majority owner-occupied, has a large share of families with children, has a median income above the national average, 34.4% of residents hold a bachelor's degree or higher.

Population

28,421

Median income

$116,415

Median age

36.9

Renters

15%

Age distribution

26.4%

19.5%

25.8%

16.6%

Under 1826.4%

18–3419.5%

35–5425.8%

55–6411.7%

65+16.6%

Gender

49.6%

50.4%

Male49.6%

Female50.4%

Race & ethnicity

82.6%

White82.6%

Black7.4%

Hispanic1.6%

Asian3.3%

Other5.1%

Education (25+)

26.1%

36.9%

34.4%

No HS diploma2.7%

HS diploma26.1%

Some college36.9%

Bachelor's+34.4%

Housing tenure

85%

15%

Owner85%

Renter15%

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

2021 vs 2026

How Ramsey, MN has changed in 5 years

Income

$101,996 → $116,415

up 14.1%

Population

27,409 → 28,421

up 3.7%

Renter share

15% → 15%

+0.0 pts

Bachelor's+

31.9% → 34.4%

+2.5 pts

On the earnings side, the typical household in Ramsey, MN now reports about $116,415, up from $101,996 in 2021. The population has grown by 3.7% since 2021, moving from about 27,409 residents to roughly 28,421. College-educated residents now make up 34.4% of adults here, versus 31.9% in 2021.

Community

Discussions about Ramsey

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View Ramsey rent history (2015–2026) →

Salary vs rent

Can you afford rent in Ramsey on your salary?

At $1,968/mo, how Ramsey rent compares to typical pay (30% rule).

Registered Nurse

Avg $98,259/yr · Rent = 24% income

affordable

Elementary School Teacher

Avg $69,763/yr · Rent = 33.9% income

stretched

Police Officer

Avg $80,361/yr · Rent = 29.4% income

affordable

Software Developer

Avg $143,634/yr · Rent = 16.4% income

very comfortable

Lawyer

Avg $183,529/yr · Rent = 12.9% income

very comfortable

Firefighter

Avg $65,322/yr · Rent = 36.2% income

stretched

Truck Driver

Avg $58,978/yr · Rent = 40% income

rent-burdened

Electrician

Avg $72,696/yr · Rent = 32.5% income

stretched

By apartment size

Ramsey rent by bedroom count

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

Local insights

Tips for renters in Ramsey

About renting in Ramsey, MN

Last updated: July 20, 2026

The median rent in Ramsey is $1,968/mo as of July 2026. A studio apartment averages $1,170/mo while a 2-bedroom runs $1,620/mo. One-bedroom apartments average $1,330/mo and 3-bedroom units go for $2,160/mo.

At 20% of local median household income ($116,415/yr), Ramsey ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.8% over the past year.

FAQ

Frequently asked questions

Is Ramsey an affordable city for renters?

Ramsey is considered very affordable for renters. At $1,968/mo, rent takes approximately 20% of the local median household income ($116,415/yr). The standard benchmark is 30%. Ramsey falls comfortably within that range.

How much income do you need to rent in Ramsey?

To keep rent at or below 30% of gross income, you would need to earn at least $79,000/year (~$38/hour full-time) to afford the median rent of $1,968/mo in Ramsey. The local median household income is $116,415/yr, meaning the typical Ramsey household meets that threshold.

Is rent going up or down in Ramsey?

Rent in Ramsey has increased 4.8% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Ramsey rent compare to other cities in Minnesota?

Ramsey is one of the pricier cities in Minnesota for rent, ranking #15 out of 67 tracked cities at $1,968/mo.

Which nearby cities are cheaper to rent in than Ramsey?

Several nearby cities have lower median rents than Ramsey ($1,968/mo): Anoka ($1,439/mo), Coon Rapids ($1,700/mo).

What percentage of Ramsey residents rent vs. own?

According to Census data, approximately 15% of Ramsey households are renters, while 85% are owner-occupied. Ramsey leans toward homeownership, which can mean a smaller rental inventory.