ZIP Code · MN

ZIP 55441

Part of Plymouth, MN

Pop. 17,944·Hennepin County·60th most expensive ZIP in Minnesota

Median rent (all units)

$1,701/mo

Year-over-Year

+2.6%

Month-over-Month

+0.2%

vs US Median

-$231

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 55441 · $1,701

More affordable than 58% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

November. Asking rents in ZIP 55441 usually run 1.4% below trend in November and 1.7% above it in June, about $53 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 55441 is 0.3% below its high of $1,706 in January 2026, at $1,701 as of September 2026.

Past year vs. the rest of Minnesota

Rent in ZIP 55441 changed +2.6% over the year to September 2026. Across the 102 Minnesota ZIP codes Zillow tracks, the typical change was +3.4%.

Recent direction

Rent has risen 5 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($101,981) is $2,550 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,460); a 4-bedroom is $2,750.

Rank in Plymouth

1st cheapest of 4 ZIP codes in Plymouth.

Cheaper nearby

ZIP 55405, 6 miles away, rents for 20% less ($1,357/mo), about $4,100 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 55441. 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

$20,412/yr

At $1,701/mo median

Location

CityPlymouth

StateMN

CountyHennepin County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (2.6% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+2.6% YoY, +0.2% MoM), not inventory.

Demographics

Who lives here

ZIP 55441 (Plymouth, MN) is majority owner-occupied, has a median income above the national average, 58.1% of residents hold a bachelor's degree or higher.

Population

17,944

Median income

$101,981

Median age

40.9

Renters

40%

Age distribution

20%

21.8%

26.3%

12.3%

19.7%

Under 1820%

18–3421.8%

35–5426.3%

55–6412.3%

65+19.7%

Gender

49.9%

50.1%

Male49.9%

Female50.1%

Race & ethnicity

71.4%

White71.4%

Black10.1%

Hispanic7.5%

Asian3.6%

Other7.3%

Education (25+)

13.2%

26.6%

58.1%

No HS diploma2.2%

HS diploma13.2%

Some college26.6%

Bachelor's+58.1%

Housing tenure

60%

40%

Owner60%

Renter40%

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

2021 vs 2026

How ZIP 55441 in Plymouth, MN has changed in 5 years

Rent

$1,414 → $1,701

up 20.3%

Income

$90,456 → $101,981

up 12.7%

Population

18,242 → 17,944

down 1.6%

Renter share

41.5% → 40%

-1.5 pts

Bachelor's+

53.1% → 58.1%

+5.0 pts

Five years ago, renters in ZIP 55441 in Plymouth, MN paid around $1,414 a month. That figure now sits near $1,701, up 20.3% from the 2021 baseline. Census figures show median household income at $101,981 today, compared with $90,456 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 55441 in Plymouth, MN losing about 298 residents over the five-year window, down 1.6% on net. The renter share has eased from 41.5% to 40%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 53.1% to 58.1% 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 55441

Last updated: October 17, 2026

ZIP code 55441 covers Plymouth, MN. The median rent here is $1,701/mo as of October 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 ($101,981/yr), ZIP 55441 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 55441?

To keep rent at or below 30% of gross income, you would need to earn at least $68,000/year (about $33/hour full-time) to afford the median rent of $1,701/mo in ZIP 55441. The local median household income is $101,981/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 55441?

Rent in ZIP 55441 has risen 2.6% over the past year as of September 2026. It sits 0.3% below its high of $1,706 in January 2026.

When is the cheapest time to rent in ZIP 55441?

Asking rents in ZIP 55441 are usually lowest in November, about 1.4% below their yearly trend, and highest in June, about 1.7% above it. At today's median that is a gap of roughly $53 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 55441 compare to other ZIPs in Minnesota?

ZIP 55441 is in the middle among Minnesota ZIP codes for rent, ranking #60 of 123 at $1,701/mo. Over the year to September 2026, rent in ZIP 55441 changed +2.6%, against a typical +3.4% across the 102 Minnesota ZIP codes Zillow tracks.