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

As of July 2026, the median monthly rent in Rosemount, MN is $1,985. This figure is based on aggregated data from public sources and community-submitted rents.

Is Rosemount cheaper than other Minnesota cities?

Rosemount is one of the pricier cities in Minnesota, ranking #13 out of 67 cities tracked at $1,985/mo.

When was Rosemount rent data last updated?

Rosemount 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

Rosemount

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

Pop. 27,562·13th most expensive in Minnesota·Rental market data updated monthly for Rosemount, MN

Median rent (all units)

$1,985/mo

Year-over-Year

+1.3%

Month-over-Month

-5.1%

vs US Median

+$20

Falling (Monthly)

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Most AffordableMost Expensive

Rosemount · $1,985

More expensive than 58% of US cities · National median $1,965/mo

Rent Reality Score

55/100

Fairly priced

OverheatedFairGreat value

Rents are 3% below what Rosemount's 10-year trend predicts — a better deal than its own history suggests.

Actual rent

$1,985/mo

Expected by trend

$2,035/mo

The Rent Reality Score compares today's median rent to where Rosemount's own long-run trajectory projects it should be. See the full rankings →

Medians by bedroom

Rent by unit size

Studio

$1,470

1 BR

$1,660

2 BR

$2,030

3 BR

$2,700

4 BR+

$3,030

Research median

$2,030/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

$23,820/yr

At $1,985/mo median

Rent Market Meter

Strong Renter's Market

Renter's MarketBalancedLandlord's Market

Rents are down 1.3% year-over-year. Push hard on price, concessions, and lease terms.

Based on rent-price momentum (+1.3% YoY, -5.1% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Rosemount, MN is majority owner-occupied, has a large share of families with children, has a median income above the national average, 51.6% of residents hold a bachelor's degree or higher.

Population

27,562

Median income

$129,625

Median age

38.9

Renters

12.6%

Age distribution

26.5%

18.5%

29.7%

13.8%

Under 1826.5%

18–3418.5%

35–5429.7%

55–6411.5%

65+13.8%

Gender

50.3%

49.7%

Male50.3%

Female49.7%

Race & ethnicity

82.6%

White82.6%

Black3.1%

Hispanic3.5%

Asian5.8%

Other5.1%

Education (25+)

14.4%

31.3%

51.6%

No HS diploma2.7%

HS diploma14.4%

Some college31.3%

Bachelor's+51.6%

Housing tenure

87.4%

12.6%

Owner87.4%

Renter12.6%

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

2023 vs 2026

How Rosemount, MN has changed in 5 years

Rent

$1,860 → $1,985

up 6.7%

Income

$117,416 → $129,625

up 10.4%

Population

25,513 → 27,562

up 8.0%

Renter share

13.1% → 12.6%

-0.5 pts

Bachelor's+

50.9% → 51.6%

+0.7 pts

Median age

37.5 → 38.9

+1.4 yrs

Across the past five years, the going rent in Rosemount, MN has shifted from $1,860 to $1,985, up 6.7% since 2023. On the earnings side, the typical household in Rosemount, MN now reports about $129,625, up from $117,416 in 2021. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Census counts show Rosemount, MN adding about 2,049 residents over the five-year window, up 8.0% on net. For context, the 2023 to 2026 window covers an unusually volatile run for US rents nationally, and Rosemount, MN reflects that arc in its own way.

Community

Discussions about Rosemount

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View Rosemount rent history (2015–2026) →

Salary vs rent

Can you afford rent in Rosemount on your salary?

At $1,985/mo, how Rosemount rent compares to typical pay (30% rule).

Registered Nurse

Avg $98,259/yr · Rent = 24.2% income

affordable

Elementary School Teacher

Avg $69,763/yr · Rent = 34.1% income

stretched

Police Officer

Avg $80,361/yr · Rent = 29.6% income

affordable

Software Developer

Avg $143,634/yr · Rent = 16.6% income

very comfortable

Lawyer

Avg $183,529/yr · Rent = 13% income

very comfortable

Firefighter

Avg $65,322/yr · Rent = 36.5% income

stretched

Truck Driver

Avg $58,978/yr · Rent = 40.4% income

rent-burdened

Electrician

Avg $72,696/yr · Rent = 32.8% income

stretched

By apartment size

Rosemount rent by bedroom count

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

Local insights

Tips for renters in Rosemount

About renting in Rosemount, MN

Last updated: July 20, 2026

The median rent in Rosemount is $1,985/mo as of July 2026. A studio apartment averages $1,470/mo while a 2-bedroom runs $2,030/mo. One-bedroom apartments average $1,660/mo and 3-bedroom units go for $2,700/mo.

At 18% of local median household income ($129,625/yr), Rosemount ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.3% over the past year.

FAQ

Frequently asked questions

Is Rosemount an affordable city for renters?

Rosemount is considered very affordable for renters. At $1,985/mo, rent takes approximately 18% of the local median household income ($129,625/yr). The standard benchmark is 30%. Rosemount falls comfortably within that range.

How much income do you need to rent in Rosemount?

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 $1,985/mo in Rosemount. The local median household income is $129,625/yr, meaning the typical Rosemount household meets that threshold.

Is rent going up or down in Rosemount?

Rent in Rosemount has increased 1.3% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Rosemount rent compare to other cities in Minnesota?

Rosemount is one of the pricier cities in Minnesota for rent, ranking #13 out of 67 tracked cities at $1,985/mo.

Which nearby cities are cheaper to rent in than Rosemount?

Several nearby cities have lower median rents than Rosemount ($1,985/mo): South Saint Paul ($1,453/mo), Eagan ($1,632/mo), Inver Grove Heights ($1,861/mo).

What percentage of Rosemount residents rent vs. own?

According to Census data, approximately 12.6% of Rosemount households are renters, while 87.4% are owner-occupied. Rosemount leans toward homeownership, which can mean a smaller rental inventory.

How does Rosemount rent compare to the national average?

Rosemount's median rent of $1,985/mo is $20 (1%) above the US national median of $1,965/mo. Within Minnesota, it ranks #13 out of 67 tracked cities.

Income Affordability

18%

VERY AFFORDABLE

At $1,985/mo, rent takes ~18% of Rosemount's median household income ($129,625/yr). The standard benchmark is 30%.

Rosemount 18%Benchmark 30%

State income tax5.35–9.85%

Run the Rosemount affordability calculator →

Nearby cities