Brooklyn Park, Minnesota Rental Market Trends
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 Brooklyn Park, Minnesota rental market.
Brooklyn Park, Minnesota
Average Apartment Rent
$1,368
Y-o-Y Change in Average
Apartment Rent
5.8%
As of March 2026
Compared to a year ago, Brooklyn Park, Minnesota apartments have recorded a 5.8% rent increase.
Brooklyn Park, Minnesota Average apartment rent trend
Brooklyn Park, Minnesota Average Apartment Rent
Brooklyn Park, Minnesota Apartment rent ranges
At 76.42%, apartments priced $1,000 - $1,500 represent the bulk of Brooklyn Park, Minnesota rentals, while condos priced Over $3,000 hold the lowest share of the market – 0.21%.
Brooklyn Park, Minnesota Housing tenure**
Renters take up 31% of Brooklyn Park, Minnesota real estate, occupying a total of 9,109 units, while homeowners live in 20,494 properties.
Median number of rooms of renter-occupied housing units**
3.6
Renter median household income**
$45,813
Average household size of renter-occupied housing units**
2.28
Rental vacancy rate**
3.1%
Brooklyn Park, Minnesota Renter-occupied housing units by no. of bedrooms**
There are 3,524 rentals in Brooklyn Park, Minnesota with 1 bed making up the highest share of the market, at 39%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 130 units. Overall, the median number of rooms in Brooklyn Park, Minnesota homes for rent is 3.6.
Brooklyn Park, Minnesota Renter-occupied units by age of householder**
Most condos for rent in Brooklyn Park, Minnesota are occupied by residents in the 25 - 34 years age group (25%), followed by those in the 35 - 44 years age group (24%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 2%.
Brooklyn Park, Minnesota Renter-occupied housing units by family type**
Brooklyn Park, Minnesota Renter-occupied housing units by the presence of own children**
A total of 5,013 apartments for rent in Brooklyn Park, Minnesota, or 55% of all rentals are family households. Additionally, 34% of rental homes include children under the age of 18 – that’s 3,088 units. All in all, the median size of a renter-occupied household in Brooklyn Park, Minnesota is 2.28.
Brooklyn Park, Minnesota Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 16% of the rental market. In contrast, residents with less than a high school degree reside in 15% of the homes for rent in Brooklyn Park, Minnesota.
Brooklyn Park, Minnesota Renter-occupied units by year structure built**
The highest share of Brooklyn Park, Minnesota apartment rentals, namely 35% or 3,165 units, were Built 1970 - 1979, followed by those Built 1960 - 1969 (15%, 1,346 units), and the ones Built 1980 - 1989 (14%, 1,267 units).
Brooklyn Park, Minnesota Renter-occupied units by year householder moved in**
Median year renter moved into unit 2017
Most Brooklyn Park, Minnesota renters (48%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Brooklyn Park, Minnesota condos for rent is 2017.
Brooklyn Park, Minnesota Renter-occupied housing units by vehicles available**
When it comes to transportation options, 40% of Brooklyn Park, Minnesota renters have 1 vehicle available per household, 28% of them have 2 vehicles available, and 22% have No vehicle available.
Brooklyn Park, Minnesota Means of transportation to work of householders living in renter-occupied housing units**
Brooklyn Park, Minnesota Geographical mobility in the past year for householders living in renter-occupied housing units**
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 Brooklyn Park, 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
