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ZIP Code · MN

ZIP 55379

Part of Shakopee, MN
Pop. 50,041·Scott County·47th most expensive ZIP in Minnesota
Median rent (all units)
$1,785/mo
Year-over-Year
+10.7%
Month-over-Month
+2.4%
vs US Median
-$180
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 55379 · $1,785
More affordable than 53% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,350
1 BR
$1,530
2 BR
$1,860
3 BR
$2,460
4 BR+
$2,750
Research median
$1,860/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
$21,420/yr
At $1,785/mo median
Location
StateMN
CountyScott County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 10.7% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+10.7% YoY, +2.4% MoM), not inventory.
Demographics

Who lives here

ZIP 55379 (Shakopee, MN) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 40.1% of residents hold a bachelor's degree or higher.

Population
50,041
Median income
$106,312
Median age
36.8
Renters
25.3%
Age distribution
25.7%
21.7%
31.6%
Under 1825.7%
18–3421.7%
35–5431.6%
55–6410.1%
65+10.9%
Gender
49%
51%
Male49%
Female51%
Race & ethnicity
65.4%
White65.4%
Black9.5%
Hispanic10.1%
Asian11.6%
Other3.4%
Education (25+)
22.8%
28.3%
40.1%
No HS diploma8.8%
HS diploma22.8%
Some college28.3%
Bachelor's+40.1%
Housing tenure
74.7%
25.3%
Owner74.7%
Renter25.3%

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

2021 vs 2026

How ZIP 55379 in Shakopee, MN has changed in 5 years

Rent
$1,361 → $1,785
up 31.2%
Income
$95,602 → $106,312
up 11.2%
Population
47,662 → 50,041
up 5.0%
Renter share
25.6% → 25.3%
-0.3 pts
Bachelor's+
37.7% → 40.1%
+2.4 pts
Median age
35 → 36.8
+1.8 yrs

Since 2021, the typical rent in ZIP 55379 in Shakopee, MN has increased from $1,361 to $1,785, a 31.2% change over five years. Census figures show median household income at $106,312 today, compared with $95,602 five years earlier. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 5.0% since 2021, moving from about 47,662 residents to roughly 50,041. College-educated residents now make up 40.1% of adults here, versus 37.7% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

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Local insights

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About renting in ZIP 55379

Last updated: July 20, 2026

ZIP code 55379 covers Shakopee, MN. The median rent here is $1,785/mo as of July 2026. A 1-bedroom rents for a median of $1,530/mo. A 2-bedroom rents for a median of $1,860/mo.

At 20% of local median household income ($106,312/yr), ZIP 55379 ranks as affordable compared to the national benchmark of 30%. Rents have increased 10.7% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 55379?

As of July 20, 2026, the median monthly rent in ZIP 55379 (Shakopee, MN) is $1,785. This is based on aggregated data from public sources and community submissions.

How does ZIP 55379 rent compare to the US average?

ZIP 55379's median rent of $1,785/mo is $180 (9%) below the US national median of $1,965/mo.

How does ZIP 55379 compare to other ZIPs in Minnesota?

ZIP 55379 falls in the middle range for Minnesota, ranking #47 out of 123 ZIPs at $1,785/mo.

How much income do you need to rent in ZIP 55379?

To keep rent at or below 30% of gross income, you would need to earn at least $71,000/year (~$34/hour full-time) to afford the median rent of $1,785/mo in ZIP 55379. The local median household income is $106,312/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 55379?

Rent in ZIP 55379 has increased 10.7% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 55379 an affordable place to rent?

ZIP 55379 is considered very affordable for renters. At $1,785/mo, rent takes approximately 20% of the local median household income ($106,312/yr). The standard benchmark is 30%. ZIP 55379 falls comfortably within that range.

What percentage of ZIP 55379 residents rent vs. own?

According to Census data, approximately 25.3% of ZIP 55379 households are renters, while 74.7% are owner-occupied. ZIP 55379 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 55379 compare to the rest of Shakopee?

ZIP 55379 is more affordable than Shakopee overall. At $1,785/mo, it's $3 below the Shakopee citywide median of $1,788/mo.

When was rent data for ZIP 55379 last updated?

Rent data for ZIP 55379 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
20%
VERY AFFORDABLE

At $1,785/mo, rent takes ~20% of ZIP 55379's median household income ($106,312/yr). The standard benchmark is 30%.

ZIP 55379 20%Benchmark 30%
State income tax5.35–9.85%
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