Rental market snapshot for Hopkins, Minnesota

Hopkins, Minnesota Rental Property Market Overview

The average rent for an apartment in Hopkins is $1,699. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has increased by 0.03% over the past year.

Hopkins is a small city in Minnesota with a population of around 20,000 people. The city is located in the Twin Cities metropolitan area and is a suburb of Minneapolis. Hopkins is known for its small-town feel and its many parks and trails. The city is also home to a number of businesses and organizations, including the Hopkins School District.

Last Updated December 23, 2022

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Average monthly rent graph in Hopkins Minnesota | Cost of Living

  • The most expensive ZIP Code in Hopkins is 55305 with an average price of $1,590
  • The cheapest ZIP Code in Hopkins is 55343 with an average price of $1,235

Hopkins ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
155305$1,590
255343$1,260

Live near Hopkins, Minnesota's Top Sights and Attractions

Big Willow Park is a beautiful park located in Hopkins, Minnesota. The park features a large pond, a playground, and a picnic area. The pond is a great place to relax and enjoy the scenery, and the playground is perfect for kids of all ages. The picnic area is a great place to enjoy a meal with family and friends.

Central Park is a beautiful park located in the heart of Hopkins, Minnesota. The park is home to a variety of trees, flowers, and shrubs, as well as a pond and a fountain. Visitors can also enjoy a variety of activities such as picnicking, hiking, and biking.

Hilltop Park is a beautiful park located on top of a hill in Hopkins, Minnesota. The park offers stunning views of the surrounding area, and is a great place to take a walk, have a picnic, or just relax.

Oakes Park is a beautiful park located in Hopkins, Minnesota. The park features a variety of amenities including a playground, picnic areas, a walking trail, and a pond.

Burnes Park is a beautiful park located in Hopkins, Minnesota. The park is home to a variety of trees, flowers, and shrubs, as well as a playground, picnic area, and walking trails.

Cottageville Park is a beautiful park located on the edge of a lake. The park has a playground, a picnic area, and a walking trail.

Downtown Park is a beautiful park located in the heart of Hopkins, Minnesota. The park features a variety of amenities including a playground, picnic areas, a walking path, and a fountain. The park is also home to a variety of events throughout the year, including the Hopkins Raspberry Festival and the Hopkins Summer Concert Series.

Overpass Skatepark is an outdoor skatepark that features a variety of obstacles and challenges for skateboarders of all skill levels. The park is located in the city of Hopkins, Minnesota.

Hopkins, Minnesota area median rent change by ZIP Code map

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How does Hopkins compare to other cities in Minnesota ?

citymedian price
Oakdale$1,900
Prior Lake$2,230
Minnetrista$2,610
Minnetrista$2,610
New Hope$1,890
North Saint Paul$1,595
Rogers$2,100
Crystal$1,925
Crookston$680
Eagan$1,990

Average household income in Hopkins area graph - US Census

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The median household income in Hopkins in 2021 was $59,141. This represents a 21.9% change from 2011 when the median was $48,533.

#categorypercent
0Less than $10,0004.5%
1$10,000 to $14,9993.0%
2$15,000 to $19,9995.7%
3$20,000 to $24,9995.5%
4$25,000 to $29,9993.6%
5$30,000 to $34,9997.0%
6$35,000 to $39,9995.4%
7$40,000 to $44,9994.3%
8$45,000 to $49,9993.5%
9$50,000 to $59,9997.9%
10$60,000 to $74,99915.0%
11$75,000 to $99,99911.3%
12$100,000 to $124,9999.2%
13$125,000 to $149,9993.6%
14$150,000 to $199,9993.7%
15$200,000 or more6.6%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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