What Are Average Rents in Plymouth MN Right Now?

I get this question constantly from investors looking at Plymouth properties: what are the actual rents right now in 2026?

Here is the latest data from RentCafe updated October 2026.

Average Rents in Plymouth MN

The overall average rent sits at $1,796 per month. That is up 6.1% from $1,693 last year.

Breakdown by unit type:

• Studio: $1,255 (540 sq ft)
• 1 bedroom: $1,581 (797 sq ft)
• 2 bedroom: $1,916 (1,117 sq ft)
• 3 bedroom: $2,440 (1,352 sq ft)

Almost half of all rentals fall between $1,501 and $2,000.

Single Family Homes

Most small investors own houses, not apartments. A typical 3-bedroom single family home in Plymouth currently rents between $2,200 and $2,600 depending on condition, location, and updates. Well-maintained homes near good schools command the higher end.

Market Context

Plymouth remains one of the stronger rental markets in the West Metro. Low inventory and fast absorption mean quality rentals do not sit vacant long. Rents have room to grow because demand stays solid.

Compared to other cities: Plymouth beats Minneapolis ($1,718), St. Paul ($1,541), and Bloomington ($1,699). It sits just below Minnetonka at $2,049.

What This Means If You Own Rentals Here

Higher rents are good, but tenants in this price range expect professional service. Late maintenance calls, poor communication, or sloppy tenant screening costs you money fast.

I manage 13 doors myself across the West Metro including Plymouth. Flat rate of $125 per month. No percentage cuts. No surprise fees on repairs. One local point of contact who actually drives by the properties.

If you want current numbers for your specific address or neighborhood, reach out. I track this market daily.