ZIP Code · MN

ZIP 55129

Part of Woodbury, MN
Pop. 34,120·Washington County·3rd most expensive ZIP in Minnesota
Median rent (all units)
$2,498/mo
Year-over-Year
+11.9%
Month-over-Month
+0.3%
vs US Median
+$533
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 55129 · $2,498
More expensive than 79% of US ZIP codes · National median $1,965/mo
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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: July 20, 2026

Annual cost
$29,976/yr
At $2,498/mo median
Location
StateMN
CountyWashington County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 11.9% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+11.9% YoY, +0.3% 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
$1,940 → $2,498
up 28.8%
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 $1,940 to $2,498, a 28.8% 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.

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About renting in ZIP 55129

Last updated: July 20, 2026

ZIP code 55129 covers Woodbury, MN. The median rent here is $2,498/mo as of July 2026. A 1-bedroom rents for a median of $1,910/mo. A 2-bedroom rents for a median of $2,320/mo.

At 21% of local median household income ($143,795/yr), ZIP 55129 ranks as affordable compared to the national benchmark of 30%. Rents have increased 11.9% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 55129?

As of July 20, 2026, the median monthly rent in ZIP 55129 (Woodbury, MN) is $2,498. This is based on aggregated data from public sources and community submissions.

How does ZIP 55129 rent compare to the US average?

ZIP 55129's median rent of $2,498/mo is $533 (27%) above the US national median of $1,965/mo.

How does ZIP 55129 compare to other ZIPs in Minnesota?

ZIP 55129 is one of the pricier ZIP codes in Minnesota, ranking #3 out of 123 ZIPs tracked at $2,498/mo.

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 $100,000/year (~$48/hour full-time) to afford the median rent of $2,498/mo in ZIP 55129. The local median household income is $143,795/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 55129?

Rent in ZIP 55129 has increased 11.9% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 55129 an affordable place to rent?

ZIP 55129 is considered very affordable for renters. At $2,498/mo, rent takes approximately 21% of the local median household income ($143,795/yr). The standard benchmark is 30%. ZIP 55129 falls comfortably within that range.

What percentage of ZIP 55129 residents rent vs. own?

According to Census data, approximately 22.3% of ZIP 55129 households are renters, while 77.7% are owner-occupied. ZIP 55129 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 55129 compare to the rest of Woodbury?

ZIP 55129 is pricier than Woodbury as a whole. At $2,498/mo, it's $241 above the Woodbury citywide median of $2,257/mo.

When was rent data for ZIP 55129 last updated?

Rent data for ZIP 55129 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
21%
VERY AFFORDABLE

At $2,498/mo, rent takes ~21% of ZIP 55129's median household income ($143,795/yr). The standard benchmark is 30%.

ZIP 55129 21%Benchmark 30%
State income tax5.35–9.85%
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