Jordan, 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 Jordan, Minnesota rental market.

Jordan, Minnesota

Average Apartment Rent

$1,496

Y-o-Y Change in Average
Apartment Rent

Infinity%

As of March 2026

Compared to a year ago, Jordan, Minnesota apartments have recorded a Infinity% rent increase.

Jordan, Minnesota Average apartment rent trend

Median Rent Nov 2025 Mar 2026
Jordan $1,498 $1,496
National $1,724 $1,729
Jordan
National
Nov 2025
$1,498
$1,724
Mar 2026
$1,496
$1,729

Jordan, Minnesota Average Apartment Rent

Jordan, 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 54.1%, apartments priced $1,500 - $2,000 represent the bulk of Jordan, Minnesota rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 3.28%.

Jordan, Minnesota Housing tenure**

Renter occupied housing units 431
Owner occupied housing units 1,577

Renters take up 21% of Jordan, Minnesota real estate, occupying a total of 431 units, while homeowners live in 1,577 properties.

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

4.6

Renter median household income**

$38,693

Average household size of renter-occupied housing units**

2.81

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

No bedrooms 34
1 bed 113
2 beds 96
3 beds 188

There are 188 rentals in Jordan, Minnesota with 3 beds making up the highest share of the market, at 44%. Units with No bedrooms, on the other hand, hold the lowest percentage (8%), amounting to 34 units. Overall, the median number of rooms in Jordan, Minnesota homes for rent is 4.6.

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

15 - 24 years 41
25 - 34 years 73
35 - 44 years 82
45 - 54 years 78
55 - 59 years 18
60 - 64 years 44
65 - 74 years 85
85 years and over 10

Most condos for rent in Jordan, Minnesota are occupied by residents in the 65 - 74 years age group (20%), followed by those in the 35 - 44 years age group (19%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 2%.

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

Family households 274
Non-Family Households 157

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

With related children of the householder under 18 241
No related children of the householder under 18 190

A total of 274 apartments for rent in Jordan, Minnesota, or 64% of all rentals are family households. Additionally, 56% of rental homes include children under the age of 18 – that’s 241 units. All in all, the median size of a renter-occupied household in Jordan, Minnesota is 2.81.

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

Less than high school graduate 56
High school graduate (including equivalency) 57
Some college or associate's degree 264
Bachelor's degree or higher 54

In terms of education, renters holding bachelor degrees or higher make up 13% of the rental market. In contrast, residents with less than a high school degree reside in 13% of the homes for rent in Jordan, Minnesota.

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

Built 2020 or later 15
Built 2010 - 2019 51
Built 2000 - 2009 146
Built 1990 - 1999 13
Built 1980 - 1989 95
Built 1970 - 1979 19
Built 1960 - 1969 14
Built 1939 or earlier 78

The highest share of Jordan, Minnesota apartment rentals, namely 34% or 146 units, were Built 2000 - 2009, followed by those Built 1980 - 1989 (22%, 95 units), and the ones Built 1939 or earlier (18%, 78 units).

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

Moved in 2021 or later 15
Moved in 2018 to 2020 185
Moved in 2010 to 2017 196
Moved in 2000 to 2009 35

Median year renter moved into unit 2017

Most Jordan, Minnesota renters (45%) moved in 2010 to 2017, while only 3% of them moved in 2021 or later. Overall, the median year renters have occupied their Jordan, Minnesota condos for rent is 2017.

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

No vehicle available 75
1 vehicle available 241
2 vehicles available 81
4 or more vehicles available 34

When it comes to transportation options, 56% of Jordan, Minnesota renters have 1 vehicle available per household, 19% of them have 2 vehicles available, and 17% have No vehicle available.

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

Car, truck, or van - drove alone 336
Car, truck, or van - carpooled 76

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

Same house as 1 year ago 1,009
Moved within same county 56
Moved from different county within same state 147

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 Jordan, 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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