Rosemount, 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 Rosemount, Minnesota rental market.

Rosemount, Minnesota

Average Apartment Rent

$1,934

Y-o-Y Change in Average
Apartment Rent

4%

As of March 2026

Compared to a year ago, Rosemount, Minnesota apartments have recorded a 4% rent increase.

Rosemount, 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
Rosemount $1,634 $1,686 $1,707 $1,757 $1,734 $1,860 $1,866 $1,865 $1,934
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Rosemount
National
Jul 2023
$1,634
$1,735
Nov 2023
$1,686
$1,724
Mar 2024
$1,707
$1,729
Jul 2024
$1,757
$1,750
Nov 2024
$1,734
$1,743
Mar 2025
$1,860
$1,749
Jul 2025
$1,866
$1,763
Nov 2025
$1,865
$1,749
Mar 2026
$1,934
$1,750

Rosemount, Minnesota Average Apartment Rent

Rosemount, 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 54.35%, apartments priced $1,500 - $2,000 represent the bulk of Rosemount, Minnesota rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 7.48%.

Rosemount, Minnesota Housing tenure**

Renter occupied housing units 1,231
Owner occupied housing units 7,998

Renters take up 13% of Rosemount, Minnesota real estate, occupying a total of 1,231 units, while homeowners live in 7,998 properties.

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

4.3

Renter median household income**

$73,321

Average household size of renter-occupied housing units**

2.54

Rental vacancy rate**

6%

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

No bedrooms 83
1 bed 241
2 beds 510
3 beds 285
4 beds 112

There are 510 rentals in Rosemount, Minnesota with 2 beds making up the highest share of the market, at 41%. Units with No bedrooms, on the other hand, hold the lowest percentage (7%), amounting to 83 units. Overall, the median number of rooms in Rosemount, Minnesota homes for rent is 4.3.

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

15 - 24 years 102
25 - 34 years 360
35 - 44 years 270
45 - 54 years 139
55 - 59 years 45
60 - 64 years 29
65 - 74 years 193
75 - 84 years 44
85 years and over 49

Most condos for rent in Rosemount, Minnesota are occupied by residents in the 25 - 34 years age group (29%), followed by those in the 35 - 44 years age group (22%). At the same time, people in the 60 - 64 years age group make up the lowest share of the local rental market – 2%.

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

Family households 817
Non-Family Households 414

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

With related children of the householder under 18 518
No related children of the householder under 18 713

A total of 817 apartments for rent in Rosemount, Minnesota, or 66% of all rentals are family households. Additionally, 42% of rental homes include children under the age of 18 – that’s 518 units. All in all, the median size of a renter-occupied household in Rosemount, Minnesota is 2.54.

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

Less than high school graduate 70
High school graduate (including equivalency) 268
Some college or associate's degree 487
Bachelor's degree or higher 406

In terms of education, renters holding bachelor degrees or higher make up 33% of the rental market. In contrast, residents with less than a high school degree reside in 6% of the homes for rent in Rosemount, Minnesota.

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

Built 2010 - 2019 180
Built 2000 - 2009 438
Built 1990 - 1999 202
Built 1980 - 1989 176
Built 1970 - 1979 127
Built 1960 - 1969 42
Built 1939 or earlier 63

The highest share of Rosemount, Minnesota apartment rentals, namely 36% or 438 units, were Built 2000 - 2009, followed by those Built 1990 - 1999 (16%, 202 units), and the ones Built 2010 - 2019 (15%, 180 units).

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

Moved in 2021 or later 142
Moved in 2018 to 2020 323
Moved in 2010 to 2017 643
Moved in 2000 to 2009 107
Moved in 1990 to 1999 13

Median year renter moved into unit 2016

Most Rosemount, 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 Rosemount, Minnesota condos for rent is 2016.

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

No vehicle available 115
1 vehicle available 438
2 vehicles available 612
3 vehicles available 46
4 vehicles available 7
5 or more vehicles available 13

When it comes to transportation options, 50% of Rosemount, Minnesota renters have 2 vehicles available per household, 36% of them have 1 vehicle available, and 9% have No vehicle available.

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

Car, truck, or van - drove alone 1,176
Car, truck, or van - carpooled 236
Public transportation (excluding taxicab) 88
Walked 141
Worked at home 112

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

Same house as 1 year ago 2,321
Moved within same county 192
Moved from different county within same state 200
Moved from different state 299

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 Rosemount, 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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