Rents are right about where Rosemount'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 $2,035 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 Rosemount is 0.7% below its high of $2,050 in April 2026, at $2,035 as of September 2026.
Rent in Rosemount changed +1.3% over the year to September 2026. Across the 53 Minnesota cities Zillow tracks, the typical change was +3.4%.
Rent has fallen 2 months in a row, and rose in 7 of the last 12 months.
30% of the median household income ($129,625) is $3,241 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($3,030).
Inver Grove Heights, 6 miles away, rents for 12% less ($1,795/mo), about $2,900 a year in savings.
From Zillow's monthly rent index (ZORI) for Rosemount. 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
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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Rosemount, MN has changed in 5 years
Across the past five years, the going rent in Rosemount, MN has shifted from $1,834 to $2,035, up 11.0% since 2023. On the earnings side, the typical household in Rosemount, MN now reports about $129,625, up from $117,416 in 2021. 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.
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At $2,035/mo, how Rosemount rent compares to typical pay (30% rule).
Rosemount rent by bedroom count
Median rent for each apartment size in Rosemount. Click any size for full breakdown.
Tips for renters in Rosemount
Last updated: October 17, 2026
The median rent in Rosemount is $2,035/mo as of October 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 19% 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.
Frequently asked questions
How much income do you need to rent in Rosemount?
Is rent going up or down in Rosemount?
How does Rosemount rent compare to other cities in Minnesota?
Which nearby cities are cheaper to rent in than Rosemount?
At $2,035/mo, rent takes ~19% of Rosemount's median household income ($129,625/yr). The standard benchmark is 30%.
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