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ZIP Code · MN

ZIP 55374

Part of Rogers, MN
Pop. 16,661·Hennepin County·12th most expensive ZIP in Minnesota
Median rent (all units)
$2,057/mo
Year-over-Year
Stable
Month-over-Month
-1.1%
vs US Median
+$92
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 55374 · $2,057
More expensive than 63% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,340
1 BR
$1,510
2 BR
$1,840
3 BR
$2,440
4 BR+
$2,720
Research median
$1,840/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
$24,684/yr
At $2,057/mo median
Location
CityRogers
StateMN
CountyHennepin County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 0.0% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+0.0% YoY, -1.1% MoM), not inventory.
Demographics

Who lives here

ZIP 55374 (Rogers, MN) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 51.9% of residents hold a bachelor's degree or higher.

Population
16,661
Median income
$144,714
Median age
36.9
Renters
12.2%
Age distribution
33%
13.5%
30.6%
Under 1833%
18–3413.5%
35–5430.6%
55–6412%
65+10.9%
Gender
51.6%
48.4%
Male51.6%
Female48.4%
Race & ethnicity
84.2%
White84.2%
Black3.6%
Hispanic5.3%
Asian3.3%
Other3.7%
Education (25+)
14.1%
31.1%
51.9%
No HS diploma3%
HS diploma14.1%
Some college31.1%
Bachelor's+51.9%
Housing tenure
87.8%
12.2%
Owner87.8%
Renter12.2%

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

2021 vs 2026

How ZIP 55374 in Rogers, MN has changed in 5 years

Income
$131,779 → $144,714
up 9.8%
Population
16,249 → 16,661
up 2.5%
Renter share
12.7% → 12.2%
-0.5 pts
Bachelor's+
47.3% → 51.9%
+4.6 pts

Local incomes tracked alongside that move, going from a median of $131,779 in 2021 to $144,714 more recently. Census counts show ZIP 55374 in Rogers, MN adding about 412 residents over the five-year window, up 2.5% on net. Bachelor's-degree-or-higher attainment moved from 47.3% to 51.9% across the same window.

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Local insights

Tips for renters in ZIP 55374

About renting in ZIP 55374

Last updated: July 20, 2026

ZIP code 55374 covers Rogers, MN. The median rent here is $2,057/mo as of July 2026. A 1-bedroom rents for a median of $1,510/mo. A 2-bedroom rents for a median of $1,840/mo.

At 17% of local median household income ($144,714/yr), ZIP 55374 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 55374?

As of July 20, 2026, the median monthly rent in ZIP 55374 (Rogers, MN) is $2,057. This is based on aggregated data from public sources and community submissions.

How does ZIP 55374 rent compare to the US average?

ZIP 55374's median rent of $2,057/mo is $92 (5%) above the US national median of $1,965/mo.

How does ZIP 55374 compare to other ZIPs in Minnesota?

ZIP 55374 is one of the pricier ZIP codes in Minnesota, ranking #12 out of 123 ZIPs tracked at $2,057/mo.

How much income do you need to rent in ZIP 55374?

To keep rent at or below 30% of gross income, you would need to earn at least $82,000/year (~$39/hour full-time) to afford the median rent of $2,057/mo in ZIP 55374. The local median household income is $144,714/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 55374?

Rent in ZIP 55374 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 55374 an affordable place to rent?

ZIP 55374 is considered very affordable for renters. At $2,057/mo, rent takes approximately 17% of the local median household income ($144,714/yr). The standard benchmark is 30%. ZIP 55374 falls comfortably within that range.

What percentage of ZIP 55374 residents rent vs. own?

According to Census data, approximately 12.2% of ZIP 55374 households are renters, while 87.8% are owner-occupied. ZIP 55374 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 55374 compare to the rest of Rogers?

ZIP 55374 is pricier than Rogers as a whole. At $2,057/mo, it's $37 above the Rogers citywide median of $2,020/mo.

When was rent data for ZIP 55374 last updated?

Rent data for ZIP 55374 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
17%
VERY AFFORDABLE

At $2,057/mo, rent takes ~17% of ZIP 55374's median household income ($144,714/yr). The standard benchmark is 30%.

ZIP 55374 17%Benchmark 30%
State income tax5.35–9.85%
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Schools nearby

Public schools near ZIP 55374 (Rogers, MN)

Recent submissions

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