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ZIP Code · MN

ZIP 55410

Pop. 20,422·Hennepin County·5th most expensive ZIP in Minnesota
Median rent (all units)
$2,358/mo
Year-over-Year
-5.3%
Month-over-Month
-3.7%
vs US Median
+$393
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 55410 · $2,358
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
$1,440
1 BR
$1,630
2 BR
$1,980
3 BR
$2,620
4 BR+
$2,930
Research median
$1,980/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
$28,296/yr
At $2,358/mo median
Location
StateMN
CountyHennepin County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 5.3% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-5.3% YoY, -3.7% MoM), not inventory.
Demographics

Who lives here

ZIP 55410 (Minneapolis, MN) is majority owner-occupied, has a median income above the national average, 80.6% of residents hold a bachelor's degree or higher.

Population
20,422
Median income
$146,425
Median age
41.4
Renters
21.4%
Age distribution
24.6%
15.5%
29.5%
14.7%
15.8%
Under 1824.6%
18–3415.5%
35–5429.5%
55–6414.7%
65+15.8%
Gender
49.5%
50.5%
Male49.5%
Female50.5%
Race & ethnicity
87.1%
White87.1%
Black3%
Hispanic3.6%
Asian2.6%
Other3.7%
Education (25+)
12.8%
80.6%
No HS diploma0.8%
HS diploma5.8%
Some college12.8%
Bachelor's+80.6%
Housing tenure
78.6%
21.4%
Owner78.6%
Renter21.4%

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

2021 vs 2026

How ZIP 55410 in Minneapolis, MN has changed in 5 years

Income
$135,260 → $146,425
up 8.3%
Population
20,525 → 20,422
down 0.5%
Renter share
18.4% → 21.4%
+3.0 pts
Bachelor's+
74.9% → 80.6%
+5.7 pts
Median age
39.2 → 41.4
+2.2 yrs

Census figures show median household income at $146,425 today, compared with $135,260 five years earlier. The renter share has risen from 18.4% to 21.4%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 74.9% to 80.6% across the same window.

Community

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Local insights

Tips for renters in ZIP 55410

About renting in ZIP 55410

Last updated: July 20, 2026

ZIP code 55410 covers Minneapolis, MN. The median rent here is $2,358/mo as of July 2026. A 1-bedroom rents for a median of $1,630/mo. A 2-bedroom rents for a median of $1,980/mo.

At 19% of local median household income ($146,425/yr), ZIP 55410 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 5.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 55410?

As of July 20, 2026, the median monthly rent in ZIP 55410 (Minneapolis, MN) is $2,358. This is based on aggregated data from public sources and community submissions.

How does ZIP 55410 rent compare to the US average?

ZIP 55410's median rent of $2,358/mo is $393 (20%) above the US national median of $1,965/mo.

How does ZIP 55410 compare to other ZIPs in Minnesota?

ZIP 55410 is one of the pricier ZIP codes in Minnesota, ranking #5 out of 123 ZIPs tracked at $2,358/mo.

How much income do you need to rent in ZIP 55410?

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 $2,358/mo in ZIP 55410. The local median household income is $146,425/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 55410?

Rent in ZIP 55410 has decreased 5.3% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 55410 an affordable place to rent?

ZIP 55410 is considered very affordable for renters. At $2,358/mo, rent takes approximately 19% of the local median household income ($146,425/yr). The standard benchmark is 30%. ZIP 55410 falls comfortably within that range.

What percentage of ZIP 55410 residents rent vs. own?

According to Census data, approximately 21.4% of ZIP 55410 households are renters, while 78.6% are owner-occupied. ZIP 55410 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 55410 compare to the rest of Minneapolis?

ZIP 55410 is pricier than Minneapolis as a whole. At $2,358/mo, it's $672 above the Minneapolis citywide median of $1,686/mo.

When was rent data for ZIP 55410 last updated?

Rent data for ZIP 55410 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
19%
VERY AFFORDABLE

At $2,358/mo, rent takes ~19% of ZIP 55410's median household income ($146,425/yr). The standard benchmark is 30%.

ZIP 55410 19%Benchmark 30%
State income tax5.35–9.85%
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Schools nearby

Public schools near ZIP 55410 (Minneapolis, MN)

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