Last updated on September 18, 2026

Average rent in
Minnesota School of Business Lakeville, MN

Median rent

Median rent in Shakopee

$1,850/mo

increased by9%

vs previous year

The average rent in Shakopee is $1,850 per month as of September 2026. This is 3% below the national average rent, or $50 less per month.

$1.46

average price per square foot

Total rentals

Available rentals in Shakopee

139

for rent on Zumper.com as of September 2026

Rent price distribution

Share of Shakopee rentals at each price point

50%38%25%13%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Minnesota School of Business Lakeville, MN

Average rent prices in Shakopee have increased by 9% since last year. At this time, we don't have enough information to generate yearly trends. Please see below for more rent price details.

Rent trends

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

Compare rent prices in Minnesota School of Business Lakeville, MN

Rent prices in Shakopee vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Shakopee is $1,632, whereas a house costs $2,499. 1-bedroom apartments in Shakopee run $1,452 on average, while 2-bedroom apartments are $1,660.

Listings

Studio

$1,326

-

12%

1 bedroom

$1,415

-

3%

2 bedroom

$1,750

-

5%

3 bedroom

$2,274

-

9%

4 bedroom

$3,097

-

4%

Studio

Average rent

$1,326

Last year

12%

1 bedroom

Average rent

$1,415

Last year

3%

2 bedroom

Average rent

$1,750

Last year

5%

3 bedroom

Average rent

$2,274

Last year

9%

4 bedroom

Average rent

$3,097

Last year

4%

The table above reflects average rent prices in Minnesota School of Business Lakeville, 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.

Discover rentals in Minnesota School of Business Lakeville, MN

5139 160th St Se #C - Photo 1 of 1

5d+ ago

Apartment for rent in Prior Lake

Available July 1st - 1 Bed/1 Bath Triplex in Prior Lake

5139 160th St Se #C, Prior Lake, MN 55372

1 bed

1 bath

$975

608 Chateau Cir - Photo 1 of 1

3d ago

House for rent in Burnsville

Residential Lease, Burnsville, MN

608 Chateau Cir, Burnsville, MN 55337

1 bed

0 baths

$1,000

Farmington Efficiencies20991 Chippendale Ave W., - #30 - Photo 1 of 1

5d+ ago

Apartment for rent in Farmington

Farmington Efficiencies - #30

Farmington Efficiencies20991 Chippendale Ave W., - #30, Farmington, MN 55024

1 bed

1 bath

$1,000

Mayfield Place Apts - 12800 - Photo 1 of 1
Highly rated

1d ago

8.2

Very good

Mayfield Place Apts - 12800

12800 12800/12810 Germane Ave S, Apple Valley, MN 55124

Studio

1 bath

$1,050

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Minnesota School of Business Lakeville, MN

Quick answers to common questions about the Shakopee rental market.

How much is rent in Shakopee?

The average rent in Shakopee is $1,850 per month as of September 12, 2026.

Is rent up or down in Shakopee?

Average rent prices in Shakopee have increased by 9% since last year.

How does Shakopee rent compare to the national average?

Rent in Shakopee is 3% below the national average, which means renters are paying approximately $50 less per month.

What salary do I need to afford rent in Shakopee?

To comfortably afford rent in Shakopee, you'd need to earn approximately $74,000/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).

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