Average Rent in Inver Grove Heights, MN and Rent Price Trends

Rent trends in Inver Grove Heights, MN

Average rent prices in Inver Grove Heights have decreased by 5% over the last month and have increased by 1% 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
Inver Grove Heights, MN

Rent prices in Inver Grove Heights vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Inver Grove Heights is $1,607, whereas a house costs $2,549. 1-bedroom apartments in Inver Grove Heights run $1,649 on average, while 2-bedroom apartments are $1,520.


1 bedroom	$1,645	15%	34%
2 bedroom	$1,660	1%	No Change
3 bedroom	$2,450	10%	17%
4 bedroom	$2,999	4%	16%

		Listings
Birchwood Ponds	$1,550
Blair Estates	$1,599
Forest Ridge	$1,700
Inver Grove Acres	$1,650
Lake Cove Village	$1,895
Leitch Estates	$1,875
Mac Gregor Acres	$1,550
Marcott Woods	$1,895
Schmidt Lake	$1,457
Southview Hills	$1,415


Apartments	$1,607	11%	No Change
Condos	$1,550	6%	-
Houses	$2,549	4%	No Change

1 bedroom

Average rent

$1,645

Last 30 days

15%

Last year

34%

2 bedroom

Average rent

$1,660

Last 30 days

Last year

No Change

3 bedroom

Average rent

$2,450

Last 30 days

10%

Last year

17%

4 bedroom

Average rent

$2,999

Last 30 days

Last year

16%

The table above reflects average rent prices in Inver Grove Heights, 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 Inver Grove Heights, MN compare to other cities?

Compare median rent prices in Inver Grove Heights and Farmington by all bedroom counts and property types.

Inver Grove Heights

Median rent price$1,740

lower than the national median

Median rent price$1,950

higher than the national median

Takeaway

The median rent for all rentals in Inver Grove Heights, MN is 11% lower than the median rent in Farmington, MN.

Average rent in nearby cities

Explore rent trends in neighboring markets

$1,950

$1,700

$2,425

$1,610

$2,195

$1,737

$1,660

$2,300

$1,750

$1,650

$1,395

$2,300

Discover rentals in Inver Grove Heights, MN

3d ago

8.4

Very good

PEARLWOOD ESTATES

1860 52nd St E, Inver Grove Heights, MN 55077

1–3 beds

1–2 baths

$1,110–$1,745

1d ago

8.8

Very good

The Commons

8201 College Trl, Inver Grove Heights, MN 55076

1–4 beds

1 bath

$1,349–$2,199

Price drop

5d+ ago

Condo for rent in Inver Grove Heights

Large two bedroom/two bathroom condo (Inver Grove Heights)

4815 Babcock Trl #1010, Inver Grove Heights, MN 55077

2 beds

2 baths

$1,695

5d+ ago

Townhouse for rent in Inver Grove Heights

7367 Braden Trl, Inver Grove Heights, MN 55076

3 beds

3 baths

$2,500

Stay up to date with rental market insights

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Frequently asked questions for Inver Grove Heights, MN

Quick answers to common questions about the Inver Grove Heights rental market.

How much is rent in Inver Grove Heights?

The average rent in Inver Grove Heights is $1,740 per month as of September 12, 2026.

Is rent up or down in Inver Grove Heights?

Average rent prices in Inver Grove Heights have decreased by 5% over the last month and have increased by 1% since last year.

How does Inver Grove Heights rent compare to the national average?

Rent in Inver Grove Heights is 8% below the national average, which means renters are paying approximately $160 less per month.

Which neighborhoods are most affordable in Inver Grove Heights?

The most affordable neighborhoods in Inver Grove Heights are Southview Hills ($1,415/mo), Schmidt Lake ($1,457/mo), and Birchwood Ponds ($1,550/mo).

What salary do I need to afford rent in Inver Grove Heights?

To comfortably afford rent in Inver Grove Heights, you'd need to earn approximately $70,000/year, based on spending no more than 30% of your income on rent.

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).