Average Rent in Mound, MN and Rent Price Trends

Rent trends in Mound, MN

Average rent prices in Mound have decreased by 15% over the last month and have increased by 18% 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
Mound, MN

Rent prices in Mound vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Mound is $1,460, whereas a house costs $2,662. 1-bedroom apartments in Mound run $1,425 on average, while 2-bedroom apartments are $1,749.


Studio	$1,645	4%	195%
1 bedroom	$1,427	3%	35%
2 bedroom	$1,762	10%	1%
3 bedroom	$2,845	23%	49%
4 bedroom	$4,007	13%	72%


Apartments	$1,460	6%	No Change
Condos	$1,635	6%	-
Houses	$2,662	3%	No Change
Rooms	$1,250	8%	-

Studio

Average rent

$1,645

Last 30 days

Last year

195%

1 bedroom

Average rent

$1,427

Last 30 days

Last year

35%

2 bedroom

Average rent

$1,762

Last 30 days

10%

Last year

3 bedroom

Average rent

$2,845

Last 30 days

23%

Last year

49%

4 bedroom

Average rent

$4,007

Last 30 days

13%

Last year

72%

The table above reflects average rent prices in Mound, 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 Mound, MN compare to other cities?

Compare median rent prices in Mound and Carver by all bedroom counts and property types.

Mound

Median rent price$1,622

16%

lower than the national median

Median rent price$2,050

higher than the national median

Takeaway

The median rent for all rentals in Mound, MN is 21% lower than the median rent in Carver, MN.

Average rent in nearby cities

Explore rent trends in neighboring markets

$2,050

$2,044

$1,650

$1,495

$1,460

Norwood Young America

$2,095

$1,515

$2,050

$1,350

$1,868

$1,419

$1,736

Discover rentals in Mound, MN

5d+ ago

House for rent in Mound

Ridgewood Road, Mound (5900) RS KZ1 **HWP** - 1

5900 Ridgewood Rd #1, Mound, MN 55364

4 beds

2 baths

$2,495

House for rent

Available Aug 1

5d+ ago

House for rent in Mound

4 bed 2 bath 2 blocks to Lake Minnetonka Beach

5945 Sunset Rd, Mound, MN 55364

4 beds

2 baths

$2,500

House for rent

Available Aug 1

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Frequently asked questions for Mound, MN

Quick answers to common questions about the Mound rental market.

How much is rent in Mound?

The average rent in Mound is $1,622 per month as of July 25, 2026.

Is rent up or down in Mound?

Average rent prices in Mound have decreased by 15% over the last month and have increased by 18% since last year.

How does Mound rent compare to the national average?

Rent in Mound is 16% below the national average, which means renters are paying approximately $308 less per month.

What salary do I need to afford rent in Mound?

To comfortably afford rent in Mound, you'd need to earn approximately $65,000/year, based on spending no more than 30% of your income on rent.

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

Based on our current listings, 55% of Mound rentals welcome pets, which works out to about 11 pet-friendly apartments each month across the city's average inventory of 20 units.

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).