Rental market snapshot for Shakopee, Minnesota

Shakopee, Minnesota Rental Property Market Overview

Shakopee, Minnesota is a vibrant city located in the Twin Cities metropolitan area. According to the US Census, the population of Shakopee in 2021 is 44,547. This city is known for its diverse culture, outdoor activities, and thriving business community. It is home to Valleyfair, the largest amusement park in the Upper Midwest, and Mystic Lake Casino, the largest casino in the Midwest. With its many attractions, Shakopee is a great place to live, work, and play.

The average rent for an apartment in Shakopee is $1,860. 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 Shakopee Minnesota | Cost of Living

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Shakopee ZIP codes with the highest, most expensive rent

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Live near Shakopee, Minnesota's Top Sights and Attractions

Southbridge Open Space is a sprawling park located in the suburbs of Minnesota. It features a variety of outdoor activities, including hiking, biking, and bird watching. The park is home to a variety of wildlife, including deer, foxes, and other small animals. There are also several ponds, wetlands, and wooded areas to explore. The park also features a playground, picnic areas, and a disc golf course.

Quarry Lake Park is a beautiful outdoor destination located in the heart of Minnesota. It features a large lake surrounded by lush green trees and grassy areas. Visitors can enjoy a variety of activities such as fishing, swimming, kayaking, canoeing, and paddle-boating. There are also several trails for hiking and biking, as well as picnic areas and playgrounds. The park also offers a variety of wildlife viewing opportunities, including birds, deer, and other animals. Quarry Lake Park is a great place to spend a day outdoors and enjoy the beauty of nature.

Tahpah Park is a beautiful outdoor space located in the heart of a small town. It features a large lake, walking trails, picnic areas, playgrounds, and a variety of sports fields. The park also hosts a variety of events throughout the year, including concerts, festivals, and outdoor movies. Visitors can also take advantage of the park's boat launch, fishing pier, and beach area. With its lush greenery and peaceful atmosphere, Tahpah Park is the perfect place to spend a day outdoors.

Dean Lakes Open Space is a scenic outdoor area located in the rolling hills of Minnesota. It features a variety of activities for visitors to enjoy, including hiking, biking, fishing, and bird watching. The area is home to a variety of wildlife, including deer, beavers, and bald eagles. The trails are well-maintained and offer stunning views of the surrounding landscape. Visitors can also explore the wetlands and take in the beauty of the many lakes and ponds.

Shakopee Aquatic Park is a fun and family-friendly outdoor water park. It features a large pool with a lazy river, two water slides, a diving board, and a kiddie pool. There are also several picnic areas, a sand volleyball court, and a concession stand. The park is open seasonally and offers a variety of activities for all ages.

Lions is an outdoor amusement park located in Shakopee, Minnesota. It features a variety of rides, including roller coasters, a Ferris wheel, and a carousel. The park also has a variety of games and activities, such as mini golf, go-karts, and batting cages. There are also several restaurants and snack stands throughout the park. Lions is a great place for families to spend the day and have fun.

Whispering Oaks is an outdoor adventure park located in the rolling hills of Minnesota. It features a variety of activities, including zip lining, a ropes course, a climbing wall, and a giant swing. The park also offers a variety of nature trails, perfect for exploring the surrounding woodlands. Visitors can also take part in archery, disc golf, and a variety of other outdoor activities.

Green Meadows is an outdoor family fun park located in Shakopee, Minnesota. It features a variety of activities for all ages, including a petting zoo, pony rides, mini golf, and a playground. There are also a variety of food options, including a snack bar, ice cream stand, and a picnic area. The park also offers a variety of special events throughout the year, such as a Halloween party, a Christmas celebration, and a summer carnival.

Meadows is an outdoor family entertainment center located in the suburbs of Minnesota. It offers a variety of activities for all ages, including a mini golf course, batting cages, go-karts, bumper boats, and an arcade. The park also features a large picnic area, a playground, and a snack bar. During the summer months, Meadows hosts a variety of special events, including live music and fireworks.

The Scott County Historical Society is a museum and research center located in Shakopee, Minnesota. It is dedicated to preserving the history and culture of Scott County and the surrounding area. The museum features a variety of exhibits, including artifacts from the area's Native American, pioneer, and immigrant populations. Visitors can also explore the museum's archives, which contain photographs, documents, and other materials related to the county's past. The museum also offers educational programs, such as lectures, tours, and workshops, as well as special events throughout the year.

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
Andover$2,385
Cottage Grove$2,350
Eagan$2,265
Buffalo$2,019
Plymouth$2,000
Brooklyn Center$1,873
Northfield$1,306

Average household income in Shakopee area graph - US Census

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The median household income in Shakopee in 2021 was $96,473. This represents a 22.6% change from 2011 when the median was $78,713.

#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%

Neighborhoods in Shakopee

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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 December , the average rent in Shakopee is $1,860.
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