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ZIP Code · MN

ZIP 55068

Pop. 33,119·Dakota County·22nd most expensive ZIP in Minnesota
Median rent (all units)
$1,978/mo
Year-over-Year
-1.6%
Month-over-Month
-4.5%
vs US Median
+$13
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 55068 · $1,978
More expensive than 59% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,450
1 BR
$1,640
2 BR
$1,990
3 BR
$2,630
4 BR+
$2,950
Research median
$1,990/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
$23,736/yr
At $1,978/mo median
Location
StateMN
CountyDakota County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 1.6% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-1.6% YoY, -4.5% MoM), not inventory.
Demographics

Who lives here

ZIP 55068 (Rosemount, MN) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 48.1% of residents hold a bachelor's degree or higher.

Population
33,119
Median income
$127,798
Median age
38.7
Renters
12.9%
Age distribution
25.7%
19.7%
28.7%
12.3%
13.7%
Under 1825.7%
18–3419.7%
35–5428.7%
55–6412.3%
65+13.7%
Gender
50.7%
49.3%
Male50.7%
Female49.3%
Race & ethnicity
80.6%
White80.6%
Black4.3%
Hispanic3.6%
Asian5.6%
Other5.9%
Education (25+)
16.1%
32.9%
48.1%
No HS diploma2.8%
HS diploma16.1%
Some college32.9%
Bachelor's+48.1%
Housing tenure
87.1%
12.9%
Owner87.1%
Renter12.9%

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

2021 vs 2026

How ZIP 55068 in Rosemount, MN has changed in 5 years

Income
$113,598 → $127,798
up 12.5%
Population
31,352 → 33,119
up 5.6%
Renter share
13% → 12.9%
-0.1 pts
Bachelor's+
46% → 48.1%
+2.1 pts
Median age
38.1 → 38.7
+0.6 yrs

Census figures show median household income at $127,798 today, compared with $113,598 five years earlier. Census counts show ZIP 55068 in Rosemount, MN adding about 1,767 residents over the five-year window, up 5.6% on net. Bachelor's-degree-or-higher attainment moved from 46% to 48.1% across the same window.

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Local insights

Tips for renters in ZIP 55068

About renting in ZIP 55068

Last updated: July 20, 2026

ZIP code 55068 covers Rosemount, MN. The median rent here is $1,978/mo as of July 2026. A 1-bedroom rents for a median of $1,640/mo. A 2-bedroom rents for a median of $1,990/mo.

At 19% of local median household income ($127,798/yr), ZIP 55068 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 1.6% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 55068?

As of July 20, 2026, the median monthly rent in ZIP 55068 (Rosemount, MN) is $1,978. This is based on aggregated data from public sources and community submissions.

How does ZIP 55068 rent compare to the US average?

ZIP 55068's median rent of $1,978/mo is $13 (1%) above the US national median of $1,965/mo.

How does ZIP 55068 compare to other ZIPs in Minnesota?

ZIP 55068 is one of the pricier ZIP codes in Minnesota, ranking #22 out of 123 ZIPs tracked at $1,978/mo.

How much income do you need to rent in ZIP 55068?

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 $1,978/mo in ZIP 55068. The local median household income is $127,798/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 55068?

Rent in ZIP 55068 has decreased 1.6% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 55068 an affordable place to rent?

ZIP 55068 is considered very affordable for renters. At $1,978/mo, rent takes approximately 19% of the local median household income ($127,798/yr). The standard benchmark is 30%. ZIP 55068 falls comfortably within that range.

What percentage of ZIP 55068 residents rent vs. own?

According to Census data, approximately 12.9% of ZIP 55068 households are renters, while 87.1% are owner-occupied. ZIP 55068 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 55068 compare to the rest of Rosemount?

ZIP 55068 is more affordable than Rosemount overall. At $1,978/mo, it's $7 below the Rosemount citywide median of $1,985/mo.

When was rent data for ZIP 55068 last updated?

Rent data for ZIP 55068 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
19%
VERY AFFORDABLE

At $1,978/mo, rent takes ~19% of ZIP 55068's median household income ($127,798/yr). The standard benchmark is 30%.

ZIP 55068 19%Benchmark 30%
State income tax5.35–9.85%
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