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ZIP Code · MN

ZIP 55121

Part of Eagan, MN
Pop. 9,198·Dakota County·82nd most expensive ZIP in Minnesota
Median rent (all units)
$1,522/mo
Year-over-Year
+12.9%
Month-over-Month
+8.3%
vs US Median
-$443
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 55121 · $1,522
More affordable than 72% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,370
1 BR
$1,550
2 BR
$1,880
3 BR
$2,490
4 BR+
$2,780
Research median
$1,880/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
$18,264/yr
At $1,522/mo median
Location
CityEagan
StateMN
CountyDakota County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 12.9% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+12.9% YoY, +8.3% MoM), not inventory.
Demographics

Who lives here

ZIP 55121 (Eagan, MN) is majority renter-occupied, 44.4% of residents hold a bachelor's degree or higher.

Population
9,198
Median income
$87,152
Median age
37.2
Renters
58.9%
Age distribution
19.9%
27.6%
28%
15.3%
Under 1819.9%
18–3427.6%
35–5428%
55–649.2%
65+15.3%
Gender
51.7%
48.3%
Male51.7%
Female48.3%
Race & ethnicity
61.3%
20%
White61.3%
Black20%
Hispanic6.2%
Asian6.1%
Other6.4%
Education (25+)
19.7%
32.2%
44.4%
No HS diploma3.7%
HS diploma19.7%
Some college32.2%
Bachelor's+44.4%
Housing tenure
41.1%
58.9%
Owner41.1%
Renter58.9%

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

2021 vs 2026

How ZIP 55121 in Eagan, MN has changed in 5 years

Income
$69,932 → $87,152
up 24.6%
Population
8,590 → 9,198
up 7.1%
Renter share
52.7% → 58.9%
+6.2 pts
Bachelor's+
43% → 44.4%
+1.4 pts
Median age
36.5 → 37.2
+0.7 yrs

On the earnings side, the typical household in ZIP 55121 in Eagan, MN now reports about $87,152, up from $69,932 in 2021. The population has grown by 7.1% since 2021, moving from about 8,590 residents to roughly 9,198. Renters now make up 58.9% of households, compared with 52.7% five years ago.

Community

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Local insights

Tips for renters in ZIP 55121

About renting in ZIP 55121

Last updated: July 20, 2026

ZIP code 55121 covers Eagan, MN. The median rent here is $1,522/mo as of July 2026. A 1-bedroom rents for a median of $1,550/mo. A 2-bedroom rents for a median of $1,880/mo.

At 21% of local median household income ($87,152/yr), ZIP 55121 ranks as affordable compared to the national benchmark of 30%. Rents have increased 12.9% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 55121?

As of July 20, 2026, the median monthly rent in ZIP 55121 (Eagan, MN) is $1,522. This is based on aggregated data from public sources and community submissions.

How does ZIP 55121 rent compare to the US average?

ZIP 55121's median rent of $1,522/mo is $443 (23%) below the US national median of $1,965/mo.

How does ZIP 55121 compare to other ZIPs in Minnesota?

ZIP 55121 is among the more affordable ZIP codes in Minnesota, ranking #82 out of 123 ZIPs at $1,522/mo.

How much income do you need to rent in ZIP 55121?

To keep rent at or below 30% of gross income, you would need to earn at least $61,000/year (~$29/hour full-time) to afford the median rent of $1,522/mo in ZIP 55121. The local median household income is $87,152/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 55121?

Rent in ZIP 55121 has increased 12.9% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 55121 an affordable place to rent?

ZIP 55121 is considered very affordable for renters. At $1,522/mo, rent takes approximately 21% of the local median household income ($87,152/yr). The standard benchmark is 30%. ZIP 55121 falls comfortably within that range.

What percentage of ZIP 55121 residents rent vs. own?

According to Census data, approximately 58.9% of ZIP 55121 households are renters, while 41.1% are owner-occupied. With a majority renter population, ZIP 55121 has a strong rental market.

How does ZIP 55121 compare to the rest of Eagan?

ZIP 55121 is more affordable than Eagan overall. At $1,522/mo, it's $110 below the Eagan citywide median of $1,632/mo.

When was rent data for ZIP 55121 last updated?

Rent data for ZIP 55121 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
21%
VERY AFFORDABLE

At $1,522/mo, rent takes ~21% of ZIP 55121's median household income ($87,152/yr). The standard benchmark is 30%.

ZIP 55121 21%Benchmark 30%
State income tax5.35–9.85%
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Schools nearby

Public schools near ZIP 55121 (Eagan, MN)

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