ZIP Code · MN

ZIP 55436

Part of Edina, MN

Pop. 14,462·Hennepin County·42nd most expensive ZIP in Minnesota

Median rent (all units)

$1,806/mo

Year-over-Year

-0.4%

Month-over-Month

-1.1%

vs US Median

-$126

Reported rents

Falling (Monthly)

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Most AffordableMost Expensive

ZIP 55436 · $1,806

More affordable than 51% of US ZIP codes · National median $1,932/mo

Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,530

1 BR

$1,730

2 BR

$2,100

3 BR

$2,780

4 BR+

$3,110

Research median

$2,100/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

Compared with the peak

Rent in ZIP 55436 is 2.7% below its high of $1,856 in May 2026, at $1,806 as of September 2026.

Past year vs. the rest of Minnesota

Rent in ZIP 55436 changed -0.4% over the year to September 2026. Across the 102 Minnesota ZIP codes Zillow tracks, the typical change was +3.4%.

Recent direction

Rent rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($144,129) is $3,603 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($3,110).

Rank in Edina

1st cheapest of 3 ZIP codes in Edina.

Cheaper nearby

ZIP 55408, 5 miles away, rents for 18% less ($1,488/mo), about $3,800 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 55436. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$21,672/yr

At $1,806/mo median

Location

CityEdina

StateMN

CountyHennepin County

Rent Market Meter

Renter's Market

Renter's MarketBalancedLandlord's Market

Rents are softening (down 0.4% YoY), so renters have negotiating leverage.

Based on rent-price momentum (-0.4% YoY, -1.1% MoM), not inventory.

Demographics

Who lives here

ZIP 55436 (Edina, MN) is majority owner-occupied, has a large retiree population, has a median income above the national average, 71.6% of residents hold a bachelor's degree or higher.

Population

14,462

Median income

$144,129

Median age

47.2

Renters

24.3%

Age distribution

20.3%

13.3%

25.7%

15.2%

25.5%

Under 1820.3%

18–3413.3%

35–5425.7%

55–6415.2%

65+25.5%

Gender

46.8%

53.2%

Male46.8%

Female53.2%

Race & ethnicity

88.4%

White88.4%

Black1.2%

Hispanic2.8%

Asian4.2%

Other3.4%

Education (25+)

19.5%

71.6%

No HS diploma1.8%

HS diploma7.1%

Some college19.5%

Bachelor's+71.6%

Housing tenure

75.7%

24.3%

Owner75.7%

Renter24.3%

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

2023 vs 2026

How ZIP 55436 in Edina, MN has changed in 5 years

Rent

$1,633 → $1,806

up 10.6%

Income

$122,500 → $144,129

up 17.7%

Population

14,288 → 14,462

up 1.2%

Renter share

24.5% → 24.3%

-0.2 pts

Bachelor's+

71.4% → 71.6%

+0.2 pts

Across the past five years, the going rent in ZIP 55436 in Edina, MN has shifted from $1,633 to $1,806, up 10.6% since 2023. Local incomes tracked alongside that move, going from a median of $122,500 in 2021 to $144,129 more recently. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Census counts show ZIP 55436 in Edina, MN adding about 174 residents over the five-year window, up 1.2% on net. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 55436 in Edina, MN market of 2023.

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About renting in ZIP 55436

Last updated: October 17, 2026

ZIP code 55436 covers Edina, MN. The median rent here is $1,806/mo as of October 2026. A 1-bedroom rents for a median of $1,730/mo. A 2-bedroom rents for a median of $2,100/mo.

At 15% of local median household income ($144,129/yr), ZIP 55436 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 0.4% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 55436?

To keep rent at or below 30% of gross income, you would need to earn at least $72,000/year (about $35/hour full-time) to afford the median rent of $1,806/mo in ZIP 55436. The local median household income is $144,129/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 55436?

Rent in ZIP 55436 has been roughly flat over the past year as of September 2026, a -0.4% change. It sits 2.7% below its high of $1,856 in May 2026.

How does ZIP 55436 compare to other ZIPs in Minnesota?

ZIP 55436 is in the middle among Minnesota ZIP codes for rent, ranking #42 of 123 at $1,806/mo. Over the year to September 2026, rent in ZIP 55436 changed -0.4%, against a typical +3.4% across the 102 Minnesota ZIP codes Zillow tracks.