ZIP Code · MN

ZIP 55369

Pop. 39,290·Hennepin County·15th most expensive ZIP in Minnesota
Median rent (all units)
$2,063/mo
Year-over-Year
+4.4%
Month-over-Month
+0.5%
vs US Median
+$131
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 55369 · $2,063
More expensive than 64% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,580
1 BR
$1,790
2 BR
$2,180
3 BR
$2,890
4 BR+
$3,230
Research median
$2,180/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

February. Asking rents in ZIP 55369 usually run 1% below trend in February and 0.7% above it in August, about $35 a month apart at today's median. Based on 6 years of data.

Compared with the peak

Rent in ZIP 55369 is at its highest level since Zillow's records here began in November 2019.

Past year vs. the rest of Minnesota

Rent in ZIP 55369 changed +4.4% over the year to September 2026. Across the 102 Minnesota ZIP codes Zillow tracks, the typical change was +3.4%.

Since before the pandemic

Rent in ZIP 55369 is 26.8% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 10 months in a row, and rose in 11 of the last 12 months.

What a typical income covers

30% of the median household income ($112,144) is $2,804 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,180); a 3-bedroom is $2,890.

Cheaper nearby

ZIP 55443, 5 miles away, rents for 14% less ($1,771/mo), about $3,500 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 55369. 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
$24,756/yr
At $2,063/mo median
Location
StateMN
CountyHennepin County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (4.4% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+4.4% YoY, +0.5% MoM), not inventory.
Demographics

Who lives here

ZIP 55369 (Maple Grove, MN) is majority owner-occupied, has a median income above the national average, 51.9% of residents hold a bachelor's degree or higher.

Population
39,290
Median income
$112,144
Median age
40.3
Renters
24.1%
Age distribution
21.3%
20.4%
26.4%
14.3%
17.7%
Under 1821.3%
18–3420.4%
35–5426.4%
55–6414.3%
65+17.7%
Gender
48.6%
51.4%
Male48.6%
Female51.4%
Race & ethnicity
76.1%
White76.1%
Black8.4%
Hispanic4.4%
Asian5.3%
Other5.7%
Education (25+)
16.4%
28.3%
51.9%
No HS diploma3.4%
HS diploma16.4%
Some college28.3%
Bachelor's+51.9%
Housing tenure
75.9%
24.1%
Owner75.9%
Renter24.1%

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

2021 vs 2026

How ZIP 55369 in Maple Grove, MN has changed in 5 years

Rent
$1,669 → $2,063
up 23.6%
Income
$101,162 → $112,144
up 10.9%
Population
37,592 → 39,290
up 4.5%
Renter share
19.3% → 24.1%
+4.8 pts
Bachelor's+
47.8% → 51.9%
+4.1 pts
Median age
39.5 → 40.3
+0.8 yrs

Across the past five years, the going rent in ZIP 55369 in Maple Grove, MN has shifted from $1,669 to $2,063, up 23.6% since 2021. Census figures show median household income at $112,144 today, compared with $101,162 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 55369 in Maple Grove, MN adding about 1,698 residents over the five-year window, up 4.5% on net. The renter share has risen from 19.3% to 24.1%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 47.8% to 51.9% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

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About renting in ZIP 55369

Last updated: October 17, 2026

ZIP code 55369 covers Maple Grove, MN. The median rent here is $2,063/mo as of October 2026. A 1-bedroom rents for a median of $1,790/mo. A 2-bedroom rents for a median of $2,180/mo.

At 22% of local median household income ($112,144/yr), ZIP 55369 ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.4% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 55369?

To keep rent at or below 30% of gross income, you would need to earn at least $83,000/year (about $40/hour full-time) to afford the median rent of $2,063/mo in ZIP 55369. The local median household income is $112,144/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 55369?

Rent in ZIP 55369 has risen 4.4% over the past year as of September 2026. That is the highest level since Zillow's records here began in November 2019.

When is the cheapest time to rent in ZIP 55369?

Asking rents in ZIP 55369 are usually lowest in February, about 1% below their yearly trend, and highest in August, about 0.7% above it. At today's median that is a gap of roughly $35 a month. This pattern comes from 6 years of Zillow rent data.

How does ZIP 55369 compare to other ZIPs in Minnesota?

ZIP 55369 is one of the pricier among Minnesota ZIP codes for rent, ranking #15 of 123 at $2,063/mo. Over the year to September 2026, rent in ZIP 55369 changed +4.4%, against a typical +3.4% across the 102 Minnesota ZIP codes Zillow tracks.

How does ZIP 55369 compare to the rest of Maple Grove?

At $2,063/mo, ZIP 55369 is $135 below the Maple Grove citywide median of $2,198/mo.
Income Affordability
22%
VERY AFFORDABLE

At $2,063/mo, rent takes ~22% of ZIP 55369's median household income ($112,144/yr). The standard benchmark is 30%.

ZIP 55369 22%Benchmark 30%
State income tax5.35–9.85%
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