ZIP Code · MN

ZIP 55129

Part of Woodbury, MN

Pop. 34,120·Washington County·5th most expensive ZIP in Minnesota

Median rent (all units)

$2,370/mo

Year-over-Year

+4.1%

Month-over-Month

+0.4%

vs US Median

+$438

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 55129 · $2,370

More expensive than 76% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,690

1 BR

$1,910

2 BR

$2,320

3 BR

$3,070

4 BR+

$3,440

Research median

$2,320/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

Cheapest month to sign

December. Asking rents in ZIP 55129 usually run 1.9% below trend in December and 1.7% above it in July, about $85 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 55129 is at its highest level since Zillow's records here began in December 2020.

Past year vs. the rest of Minnesota

Rent in ZIP 55129 changed +4.1% over the year to September 2026. Across the 102 Minnesota ZIP codes Zillow tracks, the typical change was +3.4%.

Recent direction

Rent rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($143,795) is $3,595 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($3,440).

Cheaper nearby

ZIP 55125, 3 miles away, rents for 16% less ($1,982/mo), about $4,700 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 55129. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$28,440/yr

At $2,370/mo median

Location

CityWoodbury

StateMN

CountyWashington County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (4.1% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+4.1% YoY, +0.4% MoM), not inventory.

Demographics

Who lives here

ZIP 55129 (Woodbury, MN) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 68.3% of residents hold a bachelor's degree or higher.

Population

34,120

Median income

$143,795

Median age

36.6

Renters

22.3%

Age distribution

29.8%

17.4%

31.4%

Under 1829.8%

18–3417.4%

35–5431.4%

55–6411.1%

65+10.3%

Gender

49.9%

50.1%

Male49.9%

Female50.1%

Race & ethnicity

61.7%

18.7%

White61.7%

Black10.6%

Hispanic4.2%

Asian18.7%

Other4.7%

Education (25+)

18.8%

68.3%

No HS diploma3.5%

HS diploma9.3%

Some college18.8%

Bachelor's+68.3%

Housing tenure

77.7%

22.3%

Owner77.7%

Renter22.3%

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

2021 vs 2026

How ZIP 55129 in Woodbury, MN has changed in 5 years

Rent

$1,912 → $2,370

up 24.0%

Income

$136,428 → $143,795

up 5.4%

Population

28,685 → 34,120

up 18.9%

Renter share

15.1% → 22.3%

+7.2 pts

Bachelor's+

69.4% → 68.3%

-1.1 pts

Median age

36 → 36.6

+0.6 yrs

Since 2021, the typical rent in ZIP 55129 in Woodbury, MN has climbed from $1,912 to $2,370, a 24.0% change over five years. Local incomes tracked alongside that move, going from a median of $136,428 in 2021 to $143,795 more recently. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 18.9% since 2021, moving from about 28,685 residents to roughly 34,120. Renters now make up 22.3% of households, compared with 15.1% five years ago. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 55129 in Woodbury, MN market of 2021.

Community

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About renting in ZIP 55129

Last updated: October 17, 2026

ZIP code 55129 covers Woodbury, MN. The median rent here is $2,370/mo as of October 2026. A 1-bedroom rents for a median of $1,910/mo. A 2-bedroom rents for a median of $2,320/mo.

At 20% of local median household income ($143,795/yr), ZIP 55129 ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.1% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 55129?

To keep rent at or below 30% of gross income, you would need to earn at least $95,000/year (about $46/hour full-time) to afford the median rent of $2,370/mo in ZIP 55129. The local median household income is $143,795/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 55129?

Rent in ZIP 55129 has risen 4.1% over the past year as of September 2026. That is the highest level since Zillow's records here began in December 2020.

When is the cheapest time to rent in ZIP 55129?

Asking rents in ZIP 55129 are usually lowest in December, about 1.9% below their yearly trend, and highest in July, about 1.7% above it. At today's median that is a gap of roughly $85 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 55129 compare to other ZIPs in Minnesota?

ZIP 55129 is one of the pricier among Minnesota ZIP codes for rent, ranking #5 of 123 at $2,370/mo. Over the year to September 2026, rent in ZIP 55129 changed +4.1%, against a typical +3.4% across the 102 Minnesota ZIP codes Zillow tracks.