Anoka, Minnesota Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Anoka, Minnesota rental market.

Anoka, Minnesota

Average Apartment Rent

$1,405

Y-o-Y Change in Average
Apartment Rent

3.2%

As of May 2026

Compared to a year ago, Anoka, Minnesota apartments have recorded a 3.2% rent increase.

Anoka, Minnesota Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Anoka $1,276 $1,286 $1,286 $1,352 $1,351 $1,373 $1,374 $1,374 $1,394
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Anoka
National
Jul 2023
$1,276
$1,741
Nov 2023
$1,286
$1,732
Mar 2024
$1,286
$1,736
Jul 2024
$1,352
$1,756
Nov 2024
$1,351
$1,749
Mar 2025
$1,373
$1,755
Jul 2025
$1,374
$1,767
Nov 2025
$1,374
$1,753
Mar 2026
$1,394
$1,750

Anoka, Minnesota Average Apartment Rent

Anoka, Minnesota Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 60.1%, apartments priced $1,000 - $1,500 represent the bulk of Anoka, Minnesota rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 0.59%.

Anoka, Minnesota Housing tenure**

Renter occupied housing units 3,101
Owner occupied housing units 4,065

Renters take up 43% of Anoka, Minnesota real estate, occupying a total of 3,101 units, while homeowners live in 4,065 properties.

Median number of rooms of renter-occupied housing units**

3.7

Renter median household income**

$46,398

Average household size of renter-occupied housing units**

1.96

Rental vacancy rate**

8.1%

Anoka, Minnesota Renter-occupied housing units by no. of bedrooms**

No bedrooms 156
1 bed 1,228
2 beds 1,359
3 beds 256
4 beds 90

There are 1,359 rentals in Anoka, Minnesota with 2 beds making up the highest share of the market, at 44%. Units with 4 beds, on the other hand, hold the lowest percentage (3%), amounting to 90 units. Overall, the median number of rooms in Anoka, Minnesota homes for rent is 3.7.

Anoka, Minnesota Renter-occupied units by age of householder**

15 - 24 years 353
25 - 34 years 616
35 - 44 years 436
45 - 54 years 409
55 - 59 years 219
60 - 64 years 218
65 - 74 years 381
75 - 84 years 221
85 years and over 248

Most condos for rent in Anoka, Minnesota are occupied by residents in the 25 - 34 years age group (20%), followed by those in the 35 - 44 years age group (14%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 7%.

Anoka, Minnesota Renter-occupied housing units by family type**

Family households 1,392
Non-Family Households 1,709

Anoka, Minnesota Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 990
No related children of the householder under 18 2,111

A total of 1,392 apartments for rent in Anoka, Minnesota, or 45% of all rentals are family households. Additionally, 32% of rental homes include children under the age of 18 – that’s 990 units. All in all, the median size of a renter-occupied household in Anoka, Minnesota is 1.96.

Anoka, Minnesota Renter-occupied housing units by educational attainment**

Less than high school graduate 198
High school graduate (including equivalency) 1,120
Some college or associate's degree 1,420
Bachelor's degree or higher 363

In terms of education, renters holding bachelor degrees or higher make up 12% of the rental market. In contrast, residents with less than a high school degree reside in 6% of the homes for rent in Anoka, Minnesota.

Anoka, Minnesota Renter-occupied units by year structure built**

Built 2010 - 2019 244
Built 2000 - 2009 118
Built 1990 - 1999 340
Built 1980 - 1989 512
Built 1970 - 1979 725
Built 1960 - 1969 662
Built 1950 - 1959 150
Built 1940 - 1949 78
Built 1939 or earlier 259

The highest share of Anoka, Minnesota apartment rentals, namely 23% or 725 units, were Built 1970 - 1979, followed by those Built 1960 - 1969 (21%, 662 units), and the ones Built 1980 - 1989 (17%, 512 units).

Anoka, Minnesota Renter-occupied units by year householder moved in**

Moved in 2021 or later 147
Moved in 2018 to 2020 1,032
Moved in 2010 to 2017 1,627
Moved in 2000 to 2009 219
Moved in 1990 to 1999 23
Moved in 1989 or earlier 53

Median year renter moved into unit 2016

Most Anoka, Minnesota renters (52%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Anoka, Minnesota condos for rent is 2016.

Anoka, Minnesota Renter-occupied housing units by vehicles available**

No vehicle available 613
1 vehicle available 1,599
2 vehicles available 677
3 vehicles available 155
4 or more vehicles available 57

When it comes to transportation options, 52% of Anoka, Minnesota renters have 1 vehicle available per household, 22% of them have 2 vehicles available, and 20% have No vehicle available.

Anoka, Minnesota Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 2,337
Car, truck, or van - carpooled 222
Public transportation (excluding taxicab) 28
Walked 78
Taxicab, motorcycle, bicycle, or other means 50
Worked at home 142

Anoka, Minnesota Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 5,012
Moved within same county 411
Moved from different county within same state 491
Moved from different state 65
Moved from abroad 56

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Anoka, Minnesota apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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