Rental market snapshot for Hopkins, Minnesota

Hopkins, Minnesota Rental Property Market Overview

Hopkins, Minnesota is a vibrant city located in Hennepin County. With a population of 18,573 as of 2021, according to the US Census, Hopkins is a growing community with a variety of amenities and attractions. The city is home to a number of parks, trails, and recreational facilities, as well as a variety of shops, restaurants, and entertainment venues. Hopkins is also home to a number of educational institutions, including a public school district and several private schools. With its diverse population and range of activities, Hopkins is an ideal place to live and work.

The average rent for an apartment in Hopkins is $1,679. 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 Hopkins Minnesota | Cost of Living

  • The most expensive ZIP code in Hopkins is 55305 with an average price of $1,999.
  • The cheapest ZIP code in Hopkins is 55343 with an average price of $1,747.

Hopkins ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
155305$1,999
255426$1,974
355343$1,747

Live near Hopkins, Minnesota's Top Sights and Attractions

Big Willow Park is a sprawling outdoor recreation area located in the suburbs of a large Midwestern city. It features a variety of activities for visitors of all ages, including a large lake for swimming, fishing, and boating, as well as a playground, picnic areas, and walking trails. The park also offers a variety of sports courts, including basketball, tennis, and volleyball, as well as a disc golf course. In addition, the park hosts a variety of special events throughout the year, such as concerts, festivals, and holiday celebrations.

Central Park is a large outdoor recreational area located in Hopkins, Minnesota. It features a variety of activities for visitors to enjoy, including walking and biking trails, playgrounds, picnic areas, and a lake. The park also has a variety of wildlife, including birds, deer, and other animals. The park is also home to a variety of trees, shrubs, and flowers, making it a great place to relax and enjoy nature.

Hilltop Park is a scenic park located on a hilltop overlooking a lake. It features a variety of outdoor activities, including walking trails, picnic areas, playgrounds, and a fishing pier. The park also has a large open grassy area, perfect for playing sports or having a picnic. There are also several benches and tables scattered throughout the park, making it a great spot for a relaxing afternoon.

Oakes Park is a large, picturesque park located in a suburban area. It features a variety of outdoor activities, including a playground, walking trails, picnic areas, and a large pond. The park also has a variety of wildlife, including ducks, geese, and other birds. The park is a great place to relax and enjoy the outdoors, and it is a popular spot for families and friends to gather.

Burnes Park is a popular destination for locals and visitors alike. It features a variety of recreational activities, including a playground, walking trails, a fishing pier, and a picnic area. The park also has a large pond, which is home to a variety of wildlife. The park is well-maintained and offers a peaceful atmosphere for visitors to enjoy.

Downtown Park is a vibrant public space located in the heart of a bustling Midwestern town. The park features lush green lawns, a large fountain, and a variety of trees and shrubs. Visitors can enjoy a variety of activities, including walking and biking trails, a playground, and picnic areas. The park also hosts a variety of events throughout the year, such as concerts, festivals, and outdoor movies.

Cottageville Park is a beautiful outdoor attraction located in a small town in Minnesota. It features a large lake with a beach, a playground, and a picnic area. There are also several walking trails that wind through the park, providing visitors with a peaceful and scenic experience. The park also has a variety of wildlife, including birds, deer, and other small animals. Visitors can also enjoy fishing, canoeing, and kayaking on the lake.

Overpass Skatepark is an outdoor skatepark located in a suburban area of Minnesota. It features a variety of obstacles and ramps for skateboarders, BMX riders, and rollerbladers of all skill levels. The park is made up of a series of concrete bowls and street-style obstacles, including ledges, rails, and stairs. The park also has a large open area for beginners to practice their skills. The park is open year-round and is free to use.

Elmo Park is a family-friendly attraction located in a small town in Minnesota. It features a large playground with swings, slides, and climbing structures, as well as a picnic area and a walking path. The park also has a pond with a fountain, a sand volleyball court, and a basketball court. There is also a pavilion with a stage for outdoor performances. The park is surrounded by trees and lush green grass, making it a great place to relax and enjoy the outdoors.

Hopkins Central Park is a sprawling green space located in the heart of the city. It features a large lake, walking paths, playgrounds, picnic areas, and a variety of sports fields and courts. The park also hosts a variety of events throughout the year, such as outdoor concerts, festivals, and holiday celebrations. The park is a popular destination for locals and visitors alike, offering a peaceful respite from the hustle and bustle of the city.

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
Victoria$2,995
White Bearship$2,250
Golden Valley$2,215
Chaska$2,100
Mound$1,960
Eden Prairie$1,810
Anoka$1,695
Robbinsdale$1,695
Sabin$1,650
Winona$1,395

Average household income in Hopkins area graph - US Census

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The median household income in Hopkins in 2021 was $60,824. This represents a 29.2% change from 2011 when the median was $47,065.

#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%

Neighborhoods in Hopkins

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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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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 December , the average rent in Hopkins is $1,679.
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