Last updated on August 24, 2026

Average rent in
Shakopee, MN

Median rent

Median rent in Shakopee

$1,748/mo

increased by11%

vs previous year

The average rent in Shakopee is $1,748 per month as of August 2026. This is 9% below the national average rent, or $177 less per month.

$1.37

average price per square foot

Total rentals

Available rentals in Shakopee

23

for rent on Zumper.com as of August 2026

Rent price distribution

Share of Shakopee rentals at each price point

40%30%20%10%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Shakopee, MN

Average rent prices in Shakopee have remained the same over the last month and have increased by 11% 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 Shakopee, MN

Rent prices in Shakopee vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Shakopee is $1,461, whereas a house costs $2,599. 1-bedroom apartments in Shakopee run $1,408 on average, while 2-bedroom apartments are $1,780.

Listings

Studio

$1,195

No Change

4%

1 bedroom

$1,465

No Change

10%

2 bedroom

$1,795

3%

2%

3 bedroom

$2,495

3%

13%

4 bedroom

$3,447

6%

5%

Studio

Average rent

$1,195

Last 30 days

No Change

Last year

4%

1 bedroom

Average rent

$1,465

Last 30 days

No Change

Last year

10%

2 bedroom

Average rent

$1,795

Last 30 days

3%

Last year

2%

3 bedroom

Average rent

$2,495

Last 30 days

3%

Last year

13%

4 bedroom

Average rent

$3,447

Last 30 days

6%

Last year

5%

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

Compare median rent prices in Shakopee and Apple Valley by all bedroom counts and property types.

Shakopee

Median rent price$1,748
decreased by9%

lower than the national median

Median rent price$1,820
decreased by5%

lower than the national median

Takeaway

The median rent for all rentals in Shakopee, MN is 4% lower than the median rent in Apple Valley, MN.

Discover rentals in Shakopee, MN

3260 Bluff Dr #3264 - Photo 1 of 1

5d+ ago

Apartment for rent in Shakopee

2 beds

2 baths

$1,175

Apartment for rent

Available Jan 9

Great 2 Bedroom Near Downtown Shakopee With Parking! - Photo 1 of 1

3d ago

8.2

Very good

Great 2 Bedroom Near Downtown Shakopee With Parking!

321 Harrison St S, Shakopee, MN 55379

2 beds

1 bath

$1,345

Apartment for rent

609 Market St S #8 - Photo 1 of 1

5d+ ago

Apartment for rent in Shakopee

2 beds

1 bath

$1,500

Apartment for rent

Available Aug 31

Eagle Creek Townhomes - Photo 1 of 1

2d ago

8.8

Very good

Eagle Creek Townhomes

700 Sarazin St, Shakopee, MN 55379

2–3 beds

1 bath

$1,695–$2,075

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 Shakopee, MN

Quick answers to common questions about the Shakopee rental market.

How much is rent in Shakopee?

The average rent in Shakopee is $1,748 per month as of August 22, 2026.

Is rent up or down in Shakopee?

Average rent prices in Shakopee have remained the same over the last month and have increased by 11% since last year.

How does Shakopee rent compare to the national average?

Rent in Shakopee is 9% below the national average, which means renters are paying approximately $177 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 $70,000/year, based on spending no more than 30% of your income on rent.

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

September offers the best rental deals in Shakopee, with rents running about 3.9% lower than peak summer prices. July sees the highest rents, so timing your search for fall can help you save on monthly costs.

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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