Shakopee, MN rental market

What is the average rent in Shakopee, MN?

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Last updated October 16, 2025

Rental market summary

The average rent for all bedrooms and all property types in Shakopee, MN is $1,637.

Average rent

$1,637

Month-over-month change

-$338

Year-over-year change

-$211

Available rentals

77

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,100 to $5,000.

Rent frequencies
Rent priceNumber of rental properties
$1,0001
$1,1002
$1,2004
$1,3003
$1,40026
$1,50028
$1,6002
$1,7008
$1,8003
$1,9005
$2,0004
$2,1001
$2,2002
$2,3002
$2,4005
$2,5003
$2,6002
$2,8001
$2,9003
$3,1001
$3,2002
$3,3001
$4,4001
$4,5001
$4,900+1

Average rent price over time

In the last year, rent has decreased by $211 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,895$1,895
Feb$2,050$1,938
Mar$2,050$1,895
Apr$2,099$1,893
May$1,995$2,100
Jun$1,999$1,975
Jul$1,950$1,960
Aug$1,950$1,879
Sep$1,900$1,995
Oct$1,895$1,950
Nov$1,900No data
Dec$1,975No data

Market temperature

The Shakopee, MN rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Shakopee, MN is 12% lower than the national average.

Shakopee, MNvs.

$1,637

$1,850

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Frequently asked questions

1. What is the average rent in Shakopee, MN?

The average rent in Shakopee, MN is $1,637.

2. What is the average rent for a studio apartment in Shakopee, MN?

The average rent for a studio apartment in Shakopee, MN is $1,345 per month.

3. What is the average rent for a one-bedroom apartment in Shakopee, MN?

The average rent for a one-bedroom apartment in Shakopee, MN is $1,000 per month.

4. What is the average rent for a two-bedroom apartment in Shakopee, MN?

The average rent for a two-bedroom apartment in Shakopee, MN is $2,000 per month.

5. What is the average rent for a three-bedroom apartment in Shakopee, MN?

The average rent for a three-bedroom apartment in Shakopee, MN is $2,495 per month.

6. What is the average rent for a four-bedroom apartment in Shakopee, MN?

The average rent for a four-bedroom apartment in Shakopee, MN is $3,000 per month.

7. How much does it cost to rent a house in Shakopee, MN?

Houses in Shakopee, MN rent between $1,100 - $5,000 with an average rent of $1,637.

8. How has the rent in Shakopee, MN changed in the last year?

In the last year, the rent in Shakopee, MN decreased by $211

9. How much has the rent in Shakopee, MN increased/decreased in the last month?

In the last month, the rent in Shakopee, MN decreased by $338

10. How many available rentals are there in Shakopee, MN?

There are currently 77 rentals available in Shakopee, MN.

11. How do rent prices in Shakopee, MN compare with the national average?

The average rent in Shakopee, MN is $1,637 — 11.51% lower the national average of $1,850.