City Report · MN

Woodbury

Pop. 78,305·3rd most expensive in Minnesota·Woodbury rents are up 12.0% over the past year
Median rent (all units)
$2,257/mo
Year-over-Year
+12.0%
Month-over-Month
+0.6%
vs US Median
+$292
Rising (Monthly)
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Most AffordableMost Expensive
Woodbury · $2,257
More expensive than 71% of US cities · National median $1,965/mo
Rent Reality Score
50/100
Fairly priced
OverheatedFairGreat value

Rents are right about where Woodbury's 10-year trend predicts.

Actual rent
$2,257/mo
Expected by trend
$2,258/mo
The Rent Reality Score compares today's median rent to where Woodbury's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,650
1 BR
$1,870
2 BR
$2,280
3 BR
$3,035
4 BR+
$3,400
Research median
$2,280/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
$27,084/yr
At $2,257/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 12.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+12.0% YoY, +0.6% MoM), not inventory.
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Demographics

Who lives here

Woodbury, MN is majority owner-occupied, has a large share of families with children, has a median income above the national average, 61.3% of residents hold a bachelor's degree or higher.

Population
78,305
Median income
$125,310
Median age
38
Renters
22.4%
Age distribution
25.8%
19.3%
28.8%
12.4%
13.7%
Under 1825.8%
18–3419.3%
35–5428.8%
55–6412.4%
65+13.7%
Gender
48.9%
51.1%
Male48.9%
Female51.1%
Race & ethnicity
69.6%
13.5%
White69.6%
Black7.8%
Hispanic5.4%
Asian13.5%
Other3.7%
Education (25+)
23.7%
61.3%
No HS diploma3%
HS diploma11.9%
Some college23.7%
Bachelor's+61.3%
Housing tenure
77.6%
22.4%
Owner77.6%
Renter22.4%

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

2021 vs 2026

How Woodbury, MN has changed in 5 years

Rent
$1,765 → $2,257
up 27.9%
Income
$114,252 → $125,310
up 9.7%
Population
74,014 → 78,305
up 5.8%
Renter share
19.2% → 22.4%
+3.2 pts
Bachelor's+
62.3% → 61.3%
-1.0 pts

Compared with 2021, rent in Woodbury, MN has increased by $492 per month, settling near $2,257 after starting the period at $1,765. Local incomes tracked alongside that move, going from a median of $114,252 in 2021 to $125,310 more recently. Rent outpaced income growth by roughly 18.2 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 74,014 to 78,305 between 2021 and 2024, a 5.8% change. About 22.4% of households rent today, against 19.2% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the Woodbury, MN market of 2021.

Community

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View Woodbury rent history (2015–2026) →
Salary vs rent

Can you afford rent in Woodbury on your salary?

At $2,257/mo, how Woodbury rent compares to typical pay (30% rule).

By apartment size

Woodbury rent by bedroom count

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

Local insights

Tips for renters in Woodbury

About renting in Woodbury, MN

Last updated: July 20, 2026

The median rent in Woodbury is $2,257/mo as of July 2026. A studio apartment averages $1,650/mo while a 2-bedroom runs $2,280/mo. One-bedroom apartments average $1,870/mo and 3-bedroom units go for $3,035/mo.

At 22% of local median household income ($125,310/yr), Woodbury ranks as affordable compared to the national benchmark of 30%. Rents have increased 12.0% over the past year.

FAQ

Frequently asked questions

Is Woodbury an affordable city for renters?

Woodbury is considered very affordable for renters. At $2,257/mo, rent takes approximately 22% of the local median household income ($125,310/yr). The standard benchmark is 30%. Woodbury falls comfortably within that range.

How much income do you need to rent in Woodbury?

To keep rent at or below 30% of gross income, you would need to earn at least $90,000/year (~$43/hour full-time) to afford the median rent of $2,257/mo in Woodbury. The local median household income is $125,310/yr, meaning the typical Woodbury household meets that threshold.

Is rent going up or down in Woodbury?

Rent in Woodbury has increased 12.0% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Woodbury neighborhoods have the lowest rent?

The most affordable ZIP codes in Woodbury are 55125 ($2,006/mo), and 55129 ($2,498/mo). Citywide, the median rent in Woodbury is $2,257/mo.

How does Woodbury rent compare to other cities in Minnesota?

Woodbury is one of the pricier cities in Minnesota for rent, ranking #3 out of 67 tracked cities at $2,257/mo.

Which nearby cities are cheaper to rent in than Woodbury?

Several nearby cities have lower median rents than Woodbury ($2,257/mo): North Saint Paul ($1,410/mo), South Saint Paul ($1,453/mo), Maplewood ($1,571/mo).

What percentage of Woodbury residents rent vs. own?

According to Census data, approximately 22.4% of Woodbury households are renters, while 77.6% are owner-occupied. Woodbury leans toward homeownership, which can mean a smaller rental inventory.

How does Woodbury rent compare to the national average?

Woodbury's median rent of $2,257/mo is $292 (15%) above the US national median of $1,965/mo. Within Minnesota, it ranks #3 out of 67 tracked cities.
Income Affordability
22%
VERY AFFORDABLE

At $2,257/mo, rent takes ~22% of Woodbury's median household income ($125,310/yr). The standard benchmark is 30%.

Woodbury 22%Benchmark 30%
State income tax5.35–9.85%
Run the Woodbury affordability calculator →
Lowest-rent ZIP codes in Woodbury
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Woodbury, MN

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