Average Rent in Hopkins, MN and Rent Price Trends

Rent trends in Hopkins, MN

Average rent prices in Hopkins have increased by 2% over the last month and have decreased by 3% 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 $1,275, whereas a house costs $2,495. 1-bedroom apartments in Hopkins run $1,159 on average, while 2-bedroom apartments are $1,365.


Studio	$1,236	1%	4%
1 bedroom	$1,187	No Change	1%
2 bedroom	$1,425	3%	2%
3 bedroom	$2,266	3%	18%
4 bedroom	$3,500	1%	30%


Apartments	$1,275	No Change	No Change
Condos	$1,320	10%	No Change
Houses	$2,495	5%	No Change

Studio

Average rent

$1,236

Last 30 days

Last year

1 bedroom

Average rent

$1,187

Last 30 days

No Change

Last year

2 bedroom

Average rent

$1,425

Last 30 days

Last year

3 bedroom

Average rent

$2,266

Last 30 days

Last year

18%

4 bedroom

Average rent

$3,500

Last 30 days

Last year

30%

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$1,308

33%

lower than the national median

Median rent price$1,354

31%

lower than the national median

Takeaway

The median rent for all rentals in Hopkins, MN is 3% lower than the median rent in Anoka, MN.

Average rent in nearby cities

Explore rent trends in neighboring markets

$1,354

$1,889

$2,500

$1,667

$1,450

$1,467

$1,237

$2,045

$1,662

$1,995

$1,600

$1,697

Discover rentals in Hopkins, MN

Hopkins Village Apartments - Photo 1 of 1

Age restricted

17h ago

8.9

Very good

Hopkins Village Apartments

9 7th Ave S, Hopkins, MN 55343

1–2 beds

1 bath

$885–$1,400

Apartment for rent

5d+ ago

8.8

Very good

The Burnes Building

604 Mainstreet, Hopkins, MN 55343

1–3 beds

1 bath

$1,027–$1,418

Apartment for rent

1210-1220 Cambridge St. (Hopkins) - Photo 1 of 1

5d+ ago

8.4

Very good

1210-1220 Cambridge St. (Hopkins)

1210 1210/20 Cambridge St, Hopkins, MN 55343

2 beds

1 bath

$1,325

Apartment for rent

5d+ ago

Condo for rent in Hopkins

806 Old Settlers Trail, unit 2 - 1

806 Old Settlers Trl #1, Hopkins, MN 55343

2 beds

1 bath

$1,325

Condo for rent

Available Jul 1

5d+ ago

Condo for rent in Hopkins

932 Westbrooke Way, Hopkins, MN 55343

2 beds

1 bath

$1,375

Condo for rent

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

Apartment for rent

5d+ ago

Condo for rent in Hopkins

1007 11th Ave S #4, Hopkins, MN 55343

2 beds

1 bath

$1,450

Condo for rent

5d+ ago

8.8

Very good

Oakridge Apartments

640 Oak Ridge Rd, Hopkins, MN 55305

2 beds

1 bath

$1,495

Apartment for rent

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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 $1,308 per month as of June 13, 2026.

Is rent up or down in Hopkins?

Average rent prices in Hopkins have increased by 2% over the last month and have decreased by 3% since last year.

How does Hopkins rent compare to the national average?

Rent in Hopkins is 33% below the national average, which means renters are paying approximately $641 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 $52,000/year, based on spending no more than 30% of your income on rent.

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

Hopkins rental market in 2025 shows one-bedroom apartments averaging around $1,200 per month, while two-bedroom units rent for around $1,500 monthly. One-bedrooms make up 43% of available inventory, making them the most common rental type in the city.

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).