Average Rent in Hopkins, MN and Rent Price Trends

Rent trends in Hopkins, MN

Average rent prices in Hopkins have decreased by 4% over the last month and have increased by 7% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in
Hopkins, MN

Rent prices in Hopkins vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Hopkins is $1,395, whereas a house costs $2,550. 1-bedroom apartments in Hopkins run $1,249 on average, while 2-bedroom apartments are $1,475.


Studio	$1,308	2%	12%
1 bedroom	$1,229	No Change	5%
2 bedroom	$1,625	1%	3%
3 bedroom	$2,335	7%	31%
4 bedroom	$3,799	5%	24%


Apartments	$1,395	No Change	No Change
Condos	$1,645	1%	No Change
Houses	$2,550	23%	No Change

Studio

Average rent

$1,308

Last 30 days

Last year

12%

1 bedroom

Average rent

$1,229

Last 30 days

No Change

Last year

2 bedroom

Average rent

$1,625

Last 30 days

Last year

3 bedroom

Average rent

$2,335

Last 30 days

Last year

31%

4 bedroom

Average rent

$3,799

Last 30 days

Last year

24%

The table above reflects average rent prices in Hopkins, MN, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Hopkins, MN compare to other cities?

Compare median rent prices in Hopkins and Anoka by all bedroom counts and property types.

Hopkins

Median rent price$1,418

25%

lower than the national median

Median rent price$1,349

29%

lower than the national median

Takeaway

The median rent for all rentals in Hopkins, MN is 5% higher than the median rent in Anoka, MN.

Average rent in nearby cities

Explore rent trends in neighboring markets

$1,349

$1,970

$2,397

$1,670

$1,450

$1,499

$1,250

$2,117

$1,795

$1,884

$1,899

$1,780

Discover rentals in Hopkins, MN

Hopkins Village Apartments - Photo 1 of 1

Highly rated

Age restricted

23h ago

8.3

Very good

Hopkins Village Apartments

9 7th Ave S, Hopkins, MN 55343

1–2 beds

1 bath

$885–$1,400

1d ago

8.8

Very good

The Burnes Building

604 Mainstreet, Hopkins, MN 55343

1–3 beds

1 bath

$1,027–$1,418

5d+ ago

Condo for rent in Hopkins

932 Westbrooke Way, Hopkins, MN 55343

2 beds

1 bath

$1,375

1d ago

8.4

Very good

Greenfield

920 Feltl Ct, Hopkins, MN 55343

1–3 beds

1–2 baths

$1,395–$2,595

814 Old Settlers Trail, Apt. 4 - Photo 1 of 1

4d ago

8.3

Very good

814 Old Settlers Trail, Apt. 4

814 Old Settlers Trl, Hopkins, MN 55343

2 beds

1 bath

$1,425

5d+ ago

Condo for rent in Hopkins

747 11th Ave S #5, Hopkins, MN 55343

2 beds

1 bath

$1,495

5d+ ago

Condo for rent in Hopkins

804 Old Settlers Trl #4, Hopkins, MN 55343

2 beds

1 bath

$1,600

5d+ ago

Townhouse for rent in Hopkins

704 Robinwood Ln, Hopkins, MN 55305

3 beds

2 baths

$1,995

Stay up to date with rental market insights

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Frequently asked questions for Hopkins, MN

Quick answers to common questions about the Hopkins rental market.

How much is rent in Hopkins?

The average rent in Hopkins is $1,418 per month as of September 12, 2026.

Is rent up or down in Hopkins?

Average rent prices in Hopkins have decreased by 4% over the last month and have increased by 7% since last year.

How does Hopkins rent compare to the national average?

Rent in Hopkins is 25% below the national average, which means renters are paying approximately $482 less per month.

What salary do I need to afford rent in Hopkins?

To comfortably afford rent in Hopkins, you'd need to earn approximately $57,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Hopkins?

July sees the lowest rent in Hopkins with roughly a 12% difference compared to August, which has the highest rent, making July an ideal time for apartment hunting.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).