What's the average rent in Shakopee, MN?

Rental Market Trends in Shakopee, MN

SOURCE: TRULIA DATA

Rental market highlights

As of May 2026, the average rent in Shakopee, MN is $1,836 per month, which is 5% lower than the national average rent of $1,930 per month.

AVERAGE RENT

$1,836
-3.0%
-$56 decrease month-over-month
-14.6%
-$314 decrease year-over-year

AVAILABLE RENTALS

46

APARTMENTS

$1,479

HOUSES

$2,550

TOWNHOUSES

$2,050
As of May 2026, apartments are the most affordable rental option in Shakopee, MN at $1,479 per month, while houses are the most expensive at $2,550 per month. Townhomes average $2,050 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$1,450
2 Bedrooms$1,800
3 Bedrooms$2,338
4 Bedrooms$2,875
All$1,836
As of May 2026, the average rent for a 1 bedroom rental in Shakopee, MN is $1,450 per month, followed by $1,800 for a 2 bedroom rental, $2,338 for a 3 bedroom rental, and $2,875 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has decreased by -10% compared to the previous year, which is a $206 decrease.
This year (2026)
Last year (2025)

Rent distribution

51% of rentals have rent of $1,500-$2,199/month

Rental price range

The price range for rentals is $700 to $3,750.
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