Chaska, 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 Chaska, Minnesota rental market.

Chaska, Minnesota

Average Apartment Rent

$1,770

Y-o-Y Change in Average
Apartment Rent

3.1%

As of March 2026

Compared to a year ago, Chaska, Minnesota apartments have recorded a 3.1% rent increase.

Chaska, 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
Chaska $1,578 $1,584 $1,654 $1,699 $1,686 $1,721 $1,724 $1,746 $1,770
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Chaska
National
Jul 2023
$1,578
$1,735
Nov 2023
$1,584
$1,724
Mar 2024
$1,654
$1,729
Jul 2024
$1,699
$1,750
Nov 2024
$1,686
$1,743
Mar 2025
$1,721
$1,749
Jul 2025
$1,724
$1,763
Nov 2025
$1,746
$1,749
Mar 2026
$1,770
$1,750

Chaska, Minnesota Average Apartment Rent

Chaska, 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 48.7%, apartments priced $1,500 - $2,000 represent the bulk of Chaska, Minnesota rentals, while condos priced Under $1,000 hold the lowest share of the market – 0.05%.

Chaska, Minnesota Housing tenure**

Renter occupied housing units 3,138
Owner occupied housing units 7,311

Renters take up 30% of Chaska, Minnesota real estate, occupying a total of 3,138 units, while homeowners live in 7,311 properties.

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

4.1

Renter median household income**

$61,858

Average household size of renter-occupied housing units**

1.97

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

No bedrooms 120
1 bed 1,041
2 beds 1,124
3 beds 791
4 beds 47

There are 1,124 rentals in Chaska, Minnesota with 2 beds making up the highest share of the market, at 36%. Units with 4 beds, on the other hand, hold the lowest percentage (1%), amounting to 47 units. Overall, the median number of rooms in Chaska, Minnesota homes for rent is 4.1.

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

15 - 24 years 392
25 - 34 years 626
35 - 44 years 539
45 - 54 years 476
55 - 59 years 152
60 - 64 years 250
65 - 74 years 192
75 - 84 years 172
85 years and over 339

Most condos for rent in Chaska, Minnesota are occupied by residents in the 25 - 34 years age group (20%), followed by those in the 35 - 44 years age group (17%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 5%.

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

Family households 1,213
Non-Family Households 1,925

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

With related children of the householder under 18 747
No related children of the householder under 18 2,391

A total of 1,213 apartments for rent in Chaska, Minnesota, or 39% of all rentals are family households. Additionally, 24% of rental homes include children under the age of 18 – that’s 747 units. All in all, the median size of a renter-occupied household in Chaska, Minnesota is 1.97.

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

Less than high school graduate 294
High school graduate (including equivalency) 800
Some college or associate's degree 1,248
Bachelor's degree or higher 796

In terms of education, renters holding bachelor degrees or higher make up 25% of the rental market. In contrast, residents with less than a high school degree reside in 9% of the homes for rent in Chaska, Minnesota.

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

Built 2020 or later 18
Built 2010 - 2019 551
Built 2000 - 2009 729
Built 1990 - 1999 379
Built 1980 - 1989 752
Built 1970 - 1979 546
Built 1960 - 1969 52
Built 1950 - 1959 38
Built 1940 - 1949 24
Built 1939 or earlier 49

The highest share of Chaska, Minnesota apartment rentals, namely 24% or 752 units, were Built 1980 - 1989, followed by those Built 2000 - 2009 (23%, 729 units), and the ones Built 2010 - 2019 (18%, 551 units).

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

Moved in 2021 or later 293
Moved in 2018 to 2020 1,184
Moved in 2010 to 2017 1,452
Moved in 2000 to 2009 149
Moved in 1990 to 1999 60

Median year renter moved into unit 2017

Most Chaska, Minnesota renters (46%) moved in 2010 to 2017, while only 2% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Chaska, Minnesota condos for rent is 2017.

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

No vehicle available 695
1 vehicle available 1,500
2 vehicles available 687
3 vehicles available 218
4 or more vehicles available 38

When it comes to transportation options, 48% of Chaska, Minnesota renters have 1 vehicle available per household, 22% of them have No vehicle available, and 22% have 2 vehicles available.

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

Car, truck, or van - drove alone 2,324
Car, truck, or van - carpooled 339
Public transportation (excluding taxicab) 19
Worked at home 508

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

Same house as 1 year ago 5,020
Moved within same county 170
Moved from different county within same state 766
Moved from different state 79
Moved from abroad 31

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 Chaska, 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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