What's the average rent in Shakopee, MN?
Rental Market Trends in Shakopee, MN
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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
HOUSES
TOWNHOUSES
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 type | Average 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.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $850 |
| 2 Bedrooms | $1,995 |
| 3 Bedrooms | $2,195 |
| 4 Bedrooms | $2,575 |
| All | $2,050 |
As of May 2026, the average rent for a 1 bedroom townhome in Shakopee, MN is $850 per month, followed by $1,995 for a 2 bedroom townhome, $2,195 for a 3 bedroom townhome, and $2,575 for a 4 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,295 |
| 2 Bedrooms | $1,400 |
| 3 Bedrooms | $1,750 |
| 4 Bedrooms | — |
| All | $1,400 |
As of May 2026, the average rent for a 1 bedroom apartment in Shakopee, MN is $1,295 per month, followed by $1,400 for a 2 bedroom apartment, and $1,750 for a 3 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,975 |
| 3 Bedrooms | — |
| 4 Bedrooms | $2,875 |
| All | $2,550 |
As of May 2026, the average rent for a 2 bedroom house in Shakopee, MN is $1,975 per month, followed by $2,875 for a 4 bedroom house.
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.