Golden Valley, 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 Golden Valley, Minnesota rental market.
Golden Valley, Minnesota
Average Apartment Rent
$1,906
Y-o-Y Change in Average
Apartment Rent
5.1%
As of March 2026
Compared to a year ago, Golden Valley, Minnesota apartments have recorded a 5.1% rent increase.
Golden Valley, Minnesota Average apartment rent trend
Golden Valley, Minnesota Average Apartment Rent
Golden Valley, Minnesota Apartment rent ranges
At 41.51%, apartments priced $1,500 - $2,000 represent the bulk of Golden Valley, Minnesota rentals, while condos priced Under $1,000 hold the lowest share of the market – 0.95%.
Golden Valley, Minnesota Housing tenure**
Renters take up 29% of Golden Valley, Minnesota real estate, occupying a total of 2,790 units, while homeowners live in 6,988 properties.
Median number of rooms of renter-occupied housing units**
3.6
Renter median household income**
$62,689
Average household size of renter-occupied housing units**
1.84
Rental vacancy rate**
5.3%
Golden Valley, Minnesota Renter-occupied housing units by no. of bedrooms**
There are 1,243 rentals in Golden Valley, Minnesota with 1 bed making up the highest share of the market, at 45%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 15 units. Overall, the median number of rooms in Golden Valley, Minnesota homes for rent is 3.6.
Golden Valley, Minnesota Renter-occupied units by age of householder**
Most condos for rent in Golden Valley, Minnesota are occupied by residents in the 25 - 34 years age group (28%), followed by those in the 85 years and over age group (15%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 3%.
Golden Valley, Minnesota Renter-occupied housing units by family type**
Golden Valley, Minnesota Renter-occupied housing units by the presence of own children**
A total of 822 apartments for rent in Golden Valley, Minnesota, or 29% of all rentals are family households. Additionally, 13% of rental homes include children under the age of 18 – that’s 368 units. All in all, the median size of a renter-occupied household in Golden Valley, Minnesota is 1.84.
Golden Valley, Minnesota Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 49% of the rental market. In contrast, residents with less than a high school degree reside in 7% of the homes for rent in Golden Valley, Minnesota.
Golden Valley, Minnesota Renter-occupied units by year structure built**
The highest share of Golden Valley, Minnesota apartment rentals, namely 25% or 689 units, were Built 2010 - 2019, followed by those Built 1980 - 1989 (21%, 579 units), and the ones Built 1970 - 1979 (16%, 460 units).
Golden Valley, Minnesota Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Golden Valley, Minnesota renters (38%) moved in 2018 to 2020, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Golden Valley, Minnesota condos for rent is 2018.
Golden Valley, Minnesota Renter-occupied housing units by vehicles available**
When it comes to transportation options, 44% of Golden Valley, Minnesota renters have 1 vehicle available per household, 27% of them have 2 vehicles available, and 24% have No vehicle available.
Golden Valley, Minnesota Means of transportation to work of householders living in renter-occupied housing units**
Golden Valley, 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 Golden Valley, 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
