Checked
Rent Prices in Spring Park, MN
Median gross rent (rent plus utilities) by number of bedrooms. American Community Survey 2020-2024 5-year estimates.
- Median rent
- $1,241/mo
- Minnesota $1,280/mo
- 2-bedroom median rent
- $1,510/mo
- Minnesota $1,356/mo
- Renters paying 30%+ of income
- 64.2%
- Minnesota 48.1%
- Renter households
- 928
- Minnesota 641,268
Spring Park has fewer than 10,000 residents, so these survey estimates have wide margins of error. Compare with care.
Median rent by number of bedrooms
Gross rent: contract rent plus utilities
| Bedrooms | Median rent |
|---|---|
| Studio (no bedroom) | $1,136/mo |
| 1 bedroom | $1,072/mo |
| 2 bedrooms | $1,510/mo |
| 3 bedrooms | Not reported |
| 4 bedrooms | Not reported |
| 5 or more bedrooms | Not reported |
Rent as a share of income
Renter households where the share could be computed
- Pay 30% or more of income53164.2%
- Pay 50% or more of income24229.3%
The median renter household spends 33.5% of its income on rent.
HUD Fair Market Rent, fiscal year 2027
Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area
2 bedrooms: $1,734/mo. HUD Fair Market Rent is used for housing assistance and is not an asking rent.
How it compares
Swipe the table sideways to see more columns.
| Area | Median rent | 1 bedroom | 2 bedrooms | 3 bedrooms | Renters paying 30%+ of income |
|---|---|---|---|---|---|
| Spring Park, MN | $1,241/mo | $1,072/mo | $1,510/mo | Not reported | 64.2% |
| Hennepin County | $1,487/mo | $1,293/mo | $1,677/mo | $1,963/mo | 47.6% |
| Minnesota | $1,280/mo | $1,130/mo | $1,356/mo | $1,573/mo | 48.1% |
| United States | $1,413/mo | $1,235/mo | $1,407/mo | $1,584/mo | 51.1% |
Frequently asked questions
- What is the median rent in Spring Park, MN?
- The median gross rent in Spring Park, MN is $1,241 a month, and a typical 2-bedroom rents for $1,510/mo.
- How does Spring Park compare with Minnesota?
- The median rent in Spring Park is $1,241/mo, compared with $1,280/mo for Minnesota as a whole.
Source: U.S. Census Bureau, American Community Survey · 2020-2024 5-year estimates