Rental market snapshot for Inver Grove Heights, Minnesota

Inver Grove Heights, Minnesota Rental Property Market Overview

Inver Grove Heights, Minnesota is a city located in the Twin Cities metropolitan area. According to the US Census, the population of Inver Grove Heights in 2021 is 35,541. The city is known for its diverse population and vibrant culture, with a variety of restaurants, shops, and entertainment venues. Inver Grove Heights is also home to a number of parks and trails, making it a great place to explore the outdoors. With its convenient location and friendly atmosphere, Inver Grove Heights is a great place to live and work.

The average rent for an apartment in Inver Grove Heights is $2,177. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated February 01, 2024

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Average monthly rent graph in Inver Grove Heights Minnesota | Cost of Living

  • The most expensive ZIP code in Inver Grove Heights is 55077 with an average price of $2,109.
  • The cheapest ZIP code in Inver Grove Heights is 55076 with an average price of $1,931.

Inver Grove Heights ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
155077$2,109
255076$1,931

Live near Inver Grove Heights, Minnesota's Top Sights and Attractions

Vmcc City Hall is a historic building located in Inver Grove Heights, Minnesota. It was built in 1887 and is listed on the National Register of Historic Places. The building is a two-story brick structure with a bell tower and a gabled roof. Inside, visitors can explore the original woodwork and stained glass windows, as well as the original furniture and fixtures. The building also houses a museum and a library, and hosts various events throughout the year.

SiedelS Lake Park is a beautiful outdoor oasis located in the suburbs of Minnesota. It features a large lake surrounded by lush green grass and trees, providing a peaceful and tranquil atmosphere. There are plenty of activities to enjoy, such as fishing, boating, swimming, and picnicking. There are also several walking trails, playgrounds, and a disc golf course. The park is a great place to relax and take in the beauty of nature.

The Inver Grove Heights Community Center is a large, multi-purpose facility that offers a variety of recreational activities for all ages. It features a full-size gymnasium, an indoor track, a fitness center, a swimming pool, an ice arena, and a variety of meeting rooms and banquet facilities. The center also offers a wide range of classes and programs, such as dance, martial arts, and fitness classes. There is also a playground and a picnic area for outdoor activities.

South Valley Park is a beautiful outdoor attraction located in Inver Grove Heights, Minnesota. It features a variety of trails that are perfect for walking, biking, and running. The park also has a large pond, which is great for fishing and canoeing. There are also picnic areas, playgrounds, and a disc golf course. The park is surrounded by lush green trees and is a great place to relax and enjoy nature.

Rich Valley Athletic Complex is a multi-sport facility located in a scenic area, offering a variety of activities for all ages. It features a full-size soccer field, two baseball diamonds, two softball diamonds, a basketball court, a sand volleyball court, and a playground. The complex also offers a concession stand, restrooms, and a picnic area. The facility is well-maintained and provides a safe and enjoyable environment for visitors.

Rich Valley Park is a large outdoor recreational area located in Inver Grove Heights, Minnesota. It features a variety of activities for all ages, including a large playground, walking trails, picnic areas, and a fishing pond. The park also offers a variety of sports fields, including baseball, softball, and soccer fields. In addition, Rich Valley Park has a large pavilion and a disc golf course. The park is open year-round and is a great place to spend time outdoors with family and friends.

Oakwood Park is a large outdoor recreational area located in Inver Grove Heights, Minnesota. It features a variety of activities for visitors to enjoy, including a large playground, a walking path, a picnic area, and a fishing pond. The park also has a variety of sports fields, including baseball, softball, and soccer fields. In addition, the park has a disc golf course and a skate park. The park also has a pavilion and a concession stand for visitors to enjoy.

North Valley Park is a sprawling outdoor recreation area located in Inver Grove Heights, Minnesota. It features a variety of amenities, including a large lake, walking trails, picnic areas, playgrounds, and sports fields. The park also has a disc golf course, a skate park, and a dog park. Visitors can enjoy a variety of activities, such as fishing, boating, swimming, and bird watching. The park is also home to a variety of wildlife, including deer, foxes, and other small animals.

Ernster Park is a large, family-friendly park located in a quiet suburban area. It features a variety of recreational activities, including a playground, basketball court, baseball diamond, and picnic area. The park also has a walking path, which is great for taking a leisurely stroll or getting some exercise. The park is well-maintained and provides a peaceful atmosphere for visitors to enjoy.

Salem Hills Park is a sprawling outdoor recreation area located in Inver Grove Heights, Minnesota. It features a variety of activities for visitors to enjoy, including a playground, picnic areas, walking trails, and a disc golf course. The park also has a large pond, which is home to a variety of wildlife, including ducks, geese, and other waterfowl. The park is a popular destination for families, as it offers plenty of space for children to run and play. In addition, the park is a great spot for birdwatching, as it is home to a variety of species.

Inver Grove Heights, Minnesota area median rent change by ZIP code map

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How does Inver Grove Heights compare to other cities in Minnesota?

citymedian price
Edina$2,075
Hanover$1,972
Inver Grove Heights$1,955
Waconia$1,845
Sartell$1,410
Austin$795
Princeton$785

Average household income in Inver Grove Heights area graph - US Census

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The median household income in Inver Grove Heights in 2021 was $89,141. This represents a 36.5% change from 2011 when the median was $65,311.

#categorypercent
0Less than $10,0002.1%
1$10,000 to $14,9992.5%
2$15,000 to $19,9992.6%
3$20,000 to $24,9993.2%
4$25,000 to $29,9993.5%
5$30,000 to $34,9995.8%
6$35,000 to $39,9993.2%
7$40,000 to $44,9994.1%
8$45,000 to $49,9993.1%
9$50,000 to $59,9996.6%
10$60,000 to $74,9998.8%
11$75,000 to $99,99916.1%
12$100,000 to $124,99911.1%
13$125,000 to $149,9998.1%
14$150,000 to $199,9999.6%
15$200,000 or more9.7%

Neighborhoods in Inver Grove Heights

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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.

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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.

As of December , the average rent in Inver Grove Heights is $2,177.
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