ZIP Code · MN

ZIP 55068

Part of Rosemount, MN

Pop. 33,119·Dakota County·18th most expensive ZIP in Minnesota

Median rent (all units)

$2,027/mo

Year-over-Year

+0.9%

Month-over-Month

-0.3%

vs US Median

+$95

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 55068 · $2,027

More expensive than 63% of US ZIP codes · National median $1,932/mo

Rent check

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Compare your rent to the local median.

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: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 55068 is 1.2% below its high of $2,051 in March 2026, at $2,027 as of September 2026.

Past year vs. the rest of Minnesota

Rent in ZIP 55068 changed +0.9% over the year to September 2026. Across the 102 Minnesota ZIP codes Zillow tracks, the typical change was +3.4%.

Recent direction

Rent has fallen 2 months in a row, and rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($127,798) is $3,195 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,950).

Cheaper nearby

ZIP 55123, 6 miles away, rents for 13% less ($1,771/mo), about $3,100 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 55068. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$24,324/yr

At $2,027/mo median

Location

CityRosemount

StateMN

CountyDakota County

Rent Market Meter

Balanced Market

Renter's MarketBalancedLandlord's Market

Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.

Based on rent-price momentum (+0.9% YoY, -0.3% 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

2023 vs 2026

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

Rent

$1,837 → $2,027

up 10.3%

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

Across the past five years, the going rent in ZIP 55068 in Rosemount, MN has shifted from $1,837 to $2,027, up 10.3% since 2023. 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. The combined trend lines point to a market that has changed measurably from where it stood in early 2023.

Community

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About renting in ZIP 55068

Last updated: October 17, 2026

ZIP code 55068 covers Rosemount, MN. The median rent here is $2,027/mo as of October 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 increased 0.9% over the past year.

FAQ

Frequently asked questions

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 $81,000/year (about $39/hour full-time) to afford the median rent of $2,027/mo in ZIP 55068. The local median household income is $127,798/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 55068?

Rent in ZIP 55068 has risen 0.9% over the past year as of September 2026. It sits 1.2% below its high of $2,051 in March 2026.

How does ZIP 55068 compare to other ZIPs in Minnesota?

ZIP 55068 is one of the pricier among Minnesota ZIP codes for rent, ranking #18 of 123 at $2,027/mo. Over the year to September 2026, rent in ZIP 55068 changed +0.9%, against a typical +3.4% across the 102 Minnesota ZIP codes Zillow tracks.