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 remained the same over the last month and have increased 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
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 $1,612, whereas a house costs $2,400. 1-bedroom apartments in Inver Grove Heights run $1,755 on average, while 2-bedroom apartments are $1,559.


Studio	$1,050	No Change	18%
1 bedroom	$1,399	7%	35%
2 bedroom	$1,999	2%	27%
3 bedroom	$2,400	1%	14%
4 bedroom	$2,949	8%	48%

		Listings
Birchwood Ponds	$1,780
Blair Estates	$2,000
Falcon Ridge	$1,730
Forest Ridge	$1,599
Inver Grove Acres	$1,799
Leitch Estates	$2,350
Marcott Woods	$1,809
Schmidt Lake	$1,457
Southern Lakes Estates	$1,945
Southview Hills	$1,495


Apartments	$1,612	1%	No Change
Condos	$2,280	No Change	-
Houses	$2,400	23%	No Change

Studio

Average rent

$1,050

Last 30 days

No Change

Last year

18%

1 bedroom

Average rent

$1,399

Last 30 days

Last year

35%

2 bedroom

Average rent

$1,999

Last 30 days

Last year

27%

3 bedroom

Average rent

$2,400

Last 30 days

Last year

14%

4 bedroom

Average rent

$2,949

Last 30 days

Last year

48%

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$1,950

Equal to the the national median

Median rent price$1,725

12%

lower than the national median

Takeaway

The median rent for all rentals in Inver Grove Heights, MN is 13% higher than the median rent in Farmington, MN.

Average rent in nearby cities

Explore rent trends in neighboring markets

$1,725

$1,500

$2,365

$1,225

$2,195

$1,650

$1,860

$2,395

$2,100

$1,565

$1,475

$2,395

Discover rentals in Inver Grove Heights, MN

8h 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

Apartment for rent

3d ago

8.8

Very good

The Commons

8201 College Trl, Inver Grove Heights, MN 55076

2–4 beds

1 bath

$1,559–$2,199

Apartment for rent

5d+ ago

Townhouse for rent in Inver Grove Heights

Archer Place, Inver Grove Heights (6964) LS CW... - 1

6964 Archer Pl #1, Inver Grove Heights, MN 55077

3 beds

3 baths

$2,895

House for rent

Available Aug 1

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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 $1,950 per month as of June 13, 2026.

Is rent up or down in Inver Grove Heights?

Average rent prices in Inver Grove Heights have remained the same over the last month and have increased by 3% since last year.

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

Rent in Inver Grove Heights is roughly the same as the national average.

Which neighborhoods are most affordable in Inver Grove Heights?

The most affordable neighborhoods in Inver Grove Heights are Schmidt Lake ($1,457/mo), Southview Hills ($1,495/mo), and Forest Ridge ($1,599/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 $78,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Inver Grove Heights?

The average rent for a 1-bedroom apartment in Inver Grove Heights, MN is $1,228, while a 2-bedroom apartment averages $1,586.

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).