Shakopee, MN Rent History

77 months of data, 20202026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-07)
$1,771
1-year change
+9.6%
$155/mo
5-year change
+28.4%
$392/mo

Monthly rent trend

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Year-by-year rent in Shakopee

YearMedian rentYoY changevs 2020
2020$1,307/mo0.0%
2021$1,351/mo+3.4%+3.4%
2022$1,455/mo+7.7%+11.3%
2023$1,570/mo+7.9%+20.1%
2024$1,578/mo+0.5%+20.7%
2025$1,592/mo+0.9%+21.8%
2026$1,707/mo+7.2%+30.6%

Frequently asked questions

How much has rent in Shakopee changed since 2020?

Median rent in Shakopee, MN was $1,309 in 2020-03 and is $1,771 as of 2026-07 — a change of $462 per month over 6 years.

How much has Shakopee rent increased in the last 5 years?

Over the past 5 years, median rent in Shakopee, MN has changed +28.4% ($392 per month). The current median is $1,771.

Is rent in Shakopee going up or down year over year?

Year over year, median rent in Shakopee, MN has increased +9.6% ($155/mo). Current median: $1,771.

See full rent data for Shakopee, MN
Methodology: Rent figures use ZORI (Zillow Observed Rent Index) monthly smoothed seasonally-adjusted values for all properties (single family + condo + multifamily). Year-by-year table uses April readings (or nearest available month) for consistency across years. 1-/5-/10-year change uses the same month 2026 as the anchor.