Last updated on June 25, 2026

Average rent in
Minnesota School of Business Lakeville, MN

Median rent

Median rent in Shakopee

$1,850/mo

increased by11%

vs previous year

The average rent in Shakopee is $1,850 per month as of June 2026. This is 5% below the national average rent, or $100 less per month.

$1.42

average price per square foot

Total rentals

Available rentals in Shakopee

148

for rent on Zumper.com as of June 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 11% 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 $1,675, whereas a house costs $2,700. 1-bedroom apartments in Shakopee run $1,495 on average, while 2-bedroom apartments are $1,715.

Listings

Studio

$1,359

-

3%

1 bedroom

$1,495

-

1%

2 bedroom

$1,745

-

7%

3 bedroom

$2,285

-

21%

4 bedroom

$3,395

-

1%

Studio

Average rent

$1,359

Last year

3%

1 bedroom

Average rent

$1,495

Last year

1%

2 bedroom

Average rent

$1,745

Last year

7%

3 bedroom

Average rent

$2,285

Last year

21%

4 bedroom

Average rent

$3,395

Last year

1%

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

Elevate on Parkway - Photo 1 of 1

3h ago

9.7

Excellent

Our team has verified this company

Verified

Elevate on Parkway

1505 E Burnsville Pkwy, Burnsville, MN 55337

1–3 beds

1–2 baths

$1,096–$3,070

Price drop

Apartment for rent

Call

Dupont Avenue South, Burnsville (12820)  ** Keys onsite** SW - Photo 1 of 1

5d+ ago

8.3

Very good

Dupont Avenue South, Burnsville (12820) ** Keys onsite** SW

12820 Dupont Ave S, Burnsville, MN 55337

2 beds

1 bath

$1,150

Apartment for rent

The Pines of Burnsville - Photo 1 of 1
Rent special

3h ago

9.9

Excellent

Our team has verified this company

Verified

The Pines of Burnsville

1024 W Burnsville Pkwy, Burnsville, MN 55337

1–3 beds

1–2 baths

$1,170–$1,400

Apartment for rent

Call

Southwind Village - Photo 1 of 1
Rent special

1h ago

8.8

Very good

Southwind Village

15025 Greenhaven Dr, Burnsville, MN 55306

Studio–3 beds

1–2 baths

$1,177–$2,038

Price drop

Apartment for rent

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 June 20, 2026.

Is rent up or down in Shakopee?

Average rent prices in Shakopee have increased by 11% since last year.

How does Shakopee rent compare to the national average?

Rent in Shakopee is 5% below the national average, which means renters are paying approximately $100 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).

Cedar Creek Apartments