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ZIP Code · MN

ZIP 55122

Part of Eagan, MN
Pop. 32,261·Dakota County·68th most expensive ZIP in Minnesota
Median rent (all units)
$1,629/mo
Year-over-Year
+0.6%
Month-over-Month
Stable
vs US Median
-$336
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 55122 · $1,629
More affordable than 64% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,320
1 BR
$1,490
2 BR
$1,810
3 BR
$2,400
4 BR+
$2,680
Research median
$1,810/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
$19,548/yr
At $1,629/mo median
Location
CityEagan
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 (+0.6% YoY, -0.1% MoM), not inventory.
Demographics

Who lives here

ZIP 55122 (Eagan, MN) is majority owner-occupied, has a median income above the national average, 48.9% of residents hold a bachelor's degree or higher.

Population
32,261
Median income
$96,823
Median age
39.1
Renters
31.7%
Age distribution
21.4%
22.3%
25.6%
13.1%
17.7%
Under 1821.4%
18–3422.3%
35–5425.6%
55–6413.1%
65+17.7%
Gender
50.2%
49.8%
Male50.2%
Female49.8%
Race & ethnicity
67.4%
14.5%
White67.4%
Black14.5%
Hispanic8%
Asian8.8%
Other1.2%
Education (25+)
18.4%
28.3%
48.9%
No HS diploma4.4%
HS diploma18.4%
Some college28.3%
Bachelor's+48.9%
Housing tenure
68.3%
31.7%
Owner68.3%
Renter31.7%

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

2021 vs 2026

How ZIP 55122 in Eagan, MN has changed in 5 years

Rent
$1,393 → $1,629
up 16.9%
Income
$83,602 → $96,823
up 15.8%
Population
32,019 → 32,261
up 0.8%
Renter share
29.3% → 31.7%
+2.4 pts
Bachelor's+
46.5% → 48.9%
+2.4 pts

Five years ago, renters in ZIP 55122 in Eagan, MN paid around $1,393 a month. That figure now sits near $1,629, up 16.9% from the 2021 baseline. Local incomes tracked alongside that move, going from a median of $83,602 in 2021 to $96,823 more recently. The renter share has risen from 29.3% to 31.7%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 46.5% to 48.9% across the same window. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 55122 in Eagan, MN market of 2021.

Community

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Local insights

Tips for renters in ZIP 55122

About renting in ZIP 55122

Last updated: July 20, 2026

ZIP code 55122 covers Eagan, MN. The median rent here is $1,629/mo as of July 2026. A 1-bedroom rents for a median of $1,490/mo. A 2-bedroom rents for a median of $1,810/mo.

At 20% of local median household income ($96,823/yr), ZIP 55122 ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.6% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 55122?

As of July 20, 2026, the median monthly rent in ZIP 55122 (Eagan, MN) is $1,629. This is based on aggregated data from public sources and community submissions.

How does ZIP 55122 rent compare to the US average?

ZIP 55122's median rent of $1,629/mo is $336 (17%) below the US national median of $1,965/mo.

How does ZIP 55122 compare to other ZIPs in Minnesota?

ZIP 55122 falls in the middle range for Minnesota, ranking #68 out of 123 ZIPs at $1,629/mo.

How much income do you need to rent in ZIP 55122?

To keep rent at or below 30% of gross income, you would need to earn at least $65,000/year (~$31/hour full-time) to afford the median rent of $1,629/mo in ZIP 55122. The local median household income is $96,823/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 55122?

Rent in ZIP 55122 has increased 0.6% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 55122 an affordable place to rent?

ZIP 55122 is considered very affordable for renters. At $1,629/mo, rent takes approximately 20% of the local median household income ($96,823/yr). The standard benchmark is 30%. ZIP 55122 falls comfortably within that range.

What percentage of ZIP 55122 residents rent vs. own?

According to Census data, approximately 31.7% of ZIP 55122 households are renters, while 68.3% are owner-occupied. ZIP 55122 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 55122 compare to the rest of Eagan?

ZIP 55122 is more affordable than Eagan overall. At $1,629/mo, it's $3 below the Eagan citywide median of $1,632/mo.

When was rent data for ZIP 55122 last updated?

Rent data for ZIP 55122 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
20%
VERY AFFORDABLE

At $1,629/mo, rent takes ~20% of ZIP 55122's median household income ($96,823/yr). The standard benchmark is 30%.

ZIP 55122 20%Benchmark 30%
State income tax5.35–9.85%
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Schools nearby

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