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ZIP Code · MN

ZIP 55311

Pop. 38,472·Hennepin County·6th most expensive ZIP in Minnesota
Median rent (all units)
$2,356/mo
Year-over-Year
+2.0%
Month-over-Month
+1.5%
vs US Median
+$391
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 55311 · $2,356
More expensive than 75% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,630
1 BR
$1,840
2 BR
$2,240
3 BR
$2,960
4 BR+
$3,320
Research median
$2,240/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
$28,272/yr
At $2,356/mo median
Location
StateMN
CountyHennepin County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.0% YoY, +1.5% MoM), not inventory.
Demographics

Who lives here

ZIP 55311 (Maple Grove, MN) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 60.8% of residents hold a bachelor's degree or higher.

Population
38,472
Median income
$153,568
Median age
41.2
Renters
13.3%
Age distribution
26.8%
14.6%
30.4%
14.9%
13.3%
Under 1826.8%
18–3414.6%
35–5430.4%
55–6414.9%
65+13.3%
Gender
49.2%
50.8%
Male49.2%
Female50.8%
Race & ethnicity
77.9%
White77.9%
Black7.3%
Hispanic1.6%
Asian8.6%
Other4.6%
Education (25+)
26%
60.8%
No HS diploma2.3%
HS diploma10.9%
Some college26%
Bachelor's+60.8%
Housing tenure
86.7%
13.3%
Owner86.7%
Renter13.3%

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

2021 vs 2026

How ZIP 55311 in Maple Grove, MN has changed in 5 years

Rent
$1,818 → $2,356
up 29.6%
Income
$135,471 → $153,568
up 13.4%
Population
37,908 → 38,472
up 1.5%
Renter share
11.5% → 13.3%
+1.8 pts
Bachelor's+
59.5% → 60.8%
+1.3 pts

Since 2021, the typical rent in ZIP 55311 in Maple Grove, MN has increased from $1,818 to $2,356, a 29.6% change over five years. Median household income rose from $135,471 to $153,568 between 2021 and 2024, a 13.4% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 1.5% since 2021, moving from about 37,908 residents to roughly 38,472. Renters now make up 13.3% of households, compared with 11.5% five years ago. Taken together, the five-year picture in ZIP 55311 in Maple Grove, MN reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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Local insights

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About renting in ZIP 55311

Last updated: July 20, 2026

ZIP code 55311 covers Maple Grove, MN. The median rent here is $2,356/mo as of July 2026. A 1-bedroom rents for a median of $1,840/mo. A 2-bedroom rents for a median of $2,240/mo.

At 18% of local median household income ($153,568/yr), ZIP 55311 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.0% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 55311?

As of July 20, 2026, the median monthly rent in ZIP 55311 (Maple Grove, MN) is $2,356. This is based on aggregated data from public sources and community submissions.

How does ZIP 55311 rent compare to the US average?

ZIP 55311's median rent of $2,356/mo is $391 (20%) above the US national median of $1,965/mo.

How does ZIP 55311 compare to other ZIPs in Minnesota?

ZIP 55311 is one of the pricier ZIP codes in Minnesota, ranking #6 out of 123 ZIPs tracked at $2,356/mo.

How much income do you need to rent in ZIP 55311?

To keep rent at or below 30% of gross income, you would need to earn at least $94,000/year (~$45/hour full-time) to afford the median rent of $2,356/mo in ZIP 55311. The local median household income is $153,568/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 55311?

Rent in ZIP 55311 has increased 2.0% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 55311 an affordable place to rent?

ZIP 55311 is considered very affordable for renters. At $2,356/mo, rent takes approximately 18% of the local median household income ($153,568/yr). The standard benchmark is 30%. ZIP 55311 falls comfortably within that range.

What percentage of ZIP 55311 residents rent vs. own?

According to Census data, approximately 13.3% of ZIP 55311 households are renters, while 86.7% are owner-occupied. ZIP 55311 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 55311 compare to the rest of Maple Grove?

ZIP 55311 is pricier than Maple Grove as a whole. At $2,356/mo, it's $95 above the Maple Grove citywide median of $2,261/mo.

When was rent data for ZIP 55311 last updated?

Rent data for ZIP 55311 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
18%
VERY AFFORDABLE

At $2,356/mo, rent takes ~18% of ZIP 55311's median household income ($153,568/yr). The standard benchmark is 30%.

ZIP 55311 18%Benchmark 30%
State income tax5.35–9.85%
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Schools nearby

Public schools near ZIP 55311 (Maple Grove, MN)

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