Rental market snapshot for Chanhassen, Minnesota

Chanhassen, Minnesota Rental Property Market Overview

Chanhassen, Minnesota is a vibrant city located in the Twin Cities metropolitan area. As of 2021, the US Census reported that the population of Chanhassen was 26,037. This city is known for its beautiful parks, trails, and lakes, as well as its vibrant downtown area. Chanhassen is home to a variety of businesses, restaurants, and entertainment venues, making it a great place to live and visit. With its diverse population and many amenities, Chanhassen is a great place to call home. (Source: US Census, 2021)

The average rent for an apartment in Chanhassen is $1,981. 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 March 25, 2024

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Average monthly rent graph in Chanhassen Minnesota | Cost of Living

  • The most expensive ZIP code in Chanhassen is 55317 with an average price of $2,077.
  • The cheapest ZIP code in Chanhassen is 55317 with an average price of $2,077.

Chanhassen ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
155317$2,077

Live near Chanhassen, Minnesota's Top Sights and Attractions

The University Of Minnesota Landscape Arboretum is a sprawling 1,200 acre botanical garden and arboretum located in the Twin Cities area. It features a variety of gardens, including a Japanese Garden, a Rose Garden, a Perennial Garden, and a Children's Garden. The Arboretum also has a large collection of trees, shrubs, and other plants, as well as a variety of wildlife. Visitors can explore the grounds on foot or by bike, or take a guided tour. The Arboretum also offers educational programs and workshops, as well as special events throughout the year.

Lake Ann Park is a picturesque outdoor destination located on the shores of a tranquil lake. The park features a variety of recreational activities, including fishing, swimming, canoeing, kayaking, and paddle-boating. There is also a playground, picnic area, and walking trails. The park is surrounded by lush greenery and offers stunning views of the lake and surrounding landscape. Visitors can also enjoy a variety of wildlife, including birds, deer, and other animals.

Minnewashta Regional Park is a sprawling outdoor oasis located in the heart of Minnesota. It features a variety of recreational activities, including hiking, biking, fishing, and swimming. There are also several picnic areas, a playground, and a beach. The park is home to a variety of wildlife, including deer, beavers, and bald eagles. The park also has a boat launch, allowing visitors to explore the nearby lake. With its stunning natural beauty, Minnewashta Regional Park is a great place to spend a day outdoors.

This mural is a vibrant and colorful tribute to the late singer, Prince. It is located on the side of a building and is painted in a unique style that captures the spirit of the artist. The mural features a portrait of Prince in the center, surrounded by a variety of symbols and images that represent his life and career. The mural is a popular attraction for visitors to the area and is a great way to pay homage to the beloved musician.

Paisley Park is a large estate located in the suburbs of Minnesota. It was the home and studio of the late musician Prince. The complex includes a large recording studio, rehearsal spaces, and a concert hall. Visitors can explore the grounds, which include a lake, gardens, and a sculpture park. Inside, guests can view artifacts from Prince's career, including costumes, awards, and instruments. There are also interactive exhibits, such as a sound lab and a dance floor.

Lake Susan Park is a beautiful outdoor destination located in the heart of Minnesota. It features a large lake surrounded by lush green grass and trees, providing a peaceful and serene atmosphere. Visitors can enjoy a variety of activities such as fishing, swimming, boating, and picnicking. There are also several trails for walking and biking, as well as a playground and picnic shelters. The park also offers a variety of events throughout the year, including concerts, festivals, and other special events.

South Lotus Lake Park is a beautiful outdoor destination located in the rolling hills of Minnesota. The park offers a variety of activities for visitors of all ages, including walking trails, fishing, playgrounds, and picnic areas. The park is also home to a large lake, which is perfect for swimming, boating, and other water activities. The park also features a variety of wildlife, including deer, birds, and other animals. With its stunning views and peaceful atmosphere, South Lotus Lake Park is the perfect place to relax and enjoy the beauty of nature.

Bluff Creek Preserve is a scenic outdoor area located in the rolling hills of Minnesota. It features a variety of trails for hiking, biking, and horseback riding, as well as a large lake for fishing and canoeing. The preserve is home to a variety of wildlife, including deer, foxes, and bald eagles. The area is also known for its stunning views of the surrounding countryside, with its lush forests and rolling hills.

Roundhouse Park is a scenic outdoor destination located in Chanhassen, Minnesota. It features a variety of activities for visitors to enjoy, including a walking path, a playground, and a picnic area. The park also has a historic roundhouse, which was built in the late 1800s and is now a museum. Visitors can explore the roundhouse and learn about its history. The park also features a variety of wildlife, including birds, deer, and other animals. The park is a great place to spend a day outdoors, enjoying nature and learning about the area's history.

Bandimere Community Park is a scenic outdoor destination located in the rolling hills of Minnesota. The park features a variety of activities for visitors to enjoy, including a large playground, walking trails, picnic areas, and a fishing pond. The park also has a large open field perfect for playing sports or hosting events. With its lush greenery and peaceful atmosphere, Bandimere Community Park is a great place to relax and enjoy nature.

Chanhassen, Minnesota area median rent change by ZIP code map

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How does Chanhassen compare to other cities in Minnesota?

citymedian price
Tonka Bay$2,795
Dayton$2,245
Elk River$1,995
Plymouth$1,764
White Bear Lake$1,660
Hopkins$1,625
New Hope$1,475
Isanti$1,460
Wheaton$625

Average household income in Chanhassen area graph - US Census

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The median household income in Chanhassen in 2021 was $123,566. This represents a 19.4% change from 2011 when the median was $103,462.

#categorypercent
0Less than $10,0002.0%
1$10,000 to $14,9991.4%
2$15,000 to $19,9991.4%
3$20,000 to $24,9991.7%
4$25,000 to $29,9991.0%
5$30,000 to $34,9991.5%
6$35,000 to $39,9992.4%
7$40,000 to $44,9990.9%
8$45,000 to $49,9991.7%
9$50,000 to $59,9995.8%
10$60,000 to $74,9997.5%
11$75,000 to $99,99912.4%
12$100,000 to $124,99910.6%
13$125,000 to $149,9997.9%
14$150,000 to $199,99914.4%
15$200,000 or more27.3%

Neighborhoods in Chanhassen

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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.

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.

As of February , the average rent in Chanhassen is $1,981.
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