What's the average rent in Shakopee, MN?

Rental Market Trends in Shakopee, MN

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in Shakopee, MN is $1,977 per month, which is about the same as the national average rent of $1,962 per month.

AVERAGE RENT

$1,977
-5.4%
-$113 decrease month-over-month
4.1%
$77 increase year-over-year

AVAILABLE RENTALS

53

APARTMENTS

$1,417

HOUSES

$2,795

TOWNHOUSES

$2,200
As of August 2026, apartments are the most affordable rental option in Shakopee, MN at $1,417 per month, while houses are the most expensive at $2,795 per month. Townhomes average $2,200 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$1,435
2 Bedrooms$1,817
3 Bedrooms$2,299
4 Bedrooms$2,850
All$1,977
As of August 2026, the average rent for a 1 bedroom rental in Shakopee, MN is $1,435 per month, followed by $1,817 for a 2 bedroom rental, $2,299 for a 3 bedroom rental, and $2,850 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has increased by +0% compared to the previous year, which is a +$6 increase.
This year (2026)
Last year (2025)

Rent distribution

35% of rentals have rent of $1,500-$2,199/month

Rental price range

The price range for rentals is $1,145 to $3,795.
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