Rental market snapshot for Shakopee, Minnesota

Shakopee, Minnesota Rental Property Market Overview

The average rent for an apartment in Shakopee is $1,853. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by -5.6% over the past year.

Shakopee is a city in Scott County, Minnesota, United States. The population was 37,076 at the 2010 census. Shakopee is the county seat of Scott County. It is located southwest of Minneapolis and Saint Paul along the Minnesota River in the southwestern part of the state.

Last Updated December 23, 2022

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Average monthly rent graph in Shakopee Minnesota | Cost of Living

  • The most expensive ZIP Code in Shakopee is 55379 with an average price of $1,850
  • The cheapest ZIP Code in Shakopee is 55379 with an average price of $1,502

Shakopee ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
155379$1,850

Live near Shakopee, Minnesota's Top Sights and Attractions

Southbridge Open Space is a large park with a playground, a basketball court, and a walking trail.

Quarry Lake Park is a beautiful park that offers a variety of activities for visitors to enjoy. The park has a large lake that is perfect for swimming, fishing, or just relaxing. There are also plenty of hiking trails, picnic areas, and playgrounds for visitors to explore.

Tahpah Park is a beautiful park located on the banks of the Minnesota River. The park features a variety of amenities including a playground, picnic areas, a walking trail, and a fishing pier.

Dean Lakes Open Space is a beautiful nature preserve with hiking trails, a large lake, and plenty of wildlife. The preserve is located just outside of Shakopee, Minnesota and is a great place to escape the hustle and bustle of the city.

Shakopee Aquatic Park is a water park with slides, a lazy river, and a swimming pool. The park also has a playground, picnic area, and a sand volleyball court.

Lions is an attraction located in Shakopee, Minnesota. The attraction features two large lions that guests can take pictures with.

Whispering Oaks is a beautiful nature preserve with hiking trails, a river, and a waterfall.

Green Meadows is an attraction in Shakopee, Minnesota that features a variety of activities for visitors to enjoy. There are hiking and biking trails, a playground, a picnic area, and a pond. The attraction is also home to a variety of wildlife, including deer, rabbits, and birds.

Shakopee, Minnesota area median rent change by ZIP Code map

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How does Shakopee compare to other cities in Minnesota ?

citymedian price
Duluth$1,435
Osseo$1,515
Stillwater$2,392
Prior Lake$2,175
Savage$1,955
Robbinsdale$1,675
Crystal$1,764

Average household income in Shakopee area graph - US Census

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The median household income in Shakopee in 2021 was $90,642. This represents a 16.2% change from 2011 when the median was $78,028.

#categorypercent
0Less than $10,0001.7%
1$10,000 to $14,9991.6%
2$15,000 to $19,9993.1%
3$20,000 to $24,9990.7%
4$25,000 to $29,9994.5%
5$30,000 to $34,9993.8%
6$35,000 to $39,9992.1%
7$40,000 to $44,9994.3%
8$45,000 to $49,9993.1%
9$50,000 to $59,9995.9%
10$60,000 to $74,9998.9%
11$75,000 to $99,99918.3%
12$100,000 to $124,9999.1%
13$125,000 to $149,9998.8%
14$150,000 to $199,99912.6%
15$200,000 or more11.6%

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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