What Rents Are Small Investors Getting in Plymouth MN in 2026?

Small investors keep asking me the same thing about Plymouth. What are the rents like right now?

I manage properties in the West Metro and track this closely. Here is the current picture for 2026.

Apartment rents in Plymouth

Recent data shows 1-bedroom apartments averaging around $1,827 per month. Two-bedrooms sit at about $2,166. Three-plus bedrooms go higher, often $3,400 and up.

These numbers come from current listings and are trending slightly down from earlier in the year.

What this means for small portfolios

For a small investor with a single family home or duplex, you can usually charge more than apartment averages. Good 3-bedroom houses in solid neighborhoods are renting in the $2,400 to $2,800 range depending on condition and location.

Vacancy rates across the Twin Cities are hovering near 5%. That means units turn over slower than peak years, so screening tenants carefully matters more than ever.

Key factors for 2026

Plymouth remains competitive. New supply has slowed, which helps keep occupancy steady. Property taxes and insurance keep rising, so I advise clients to factor those into their numbers before buying.

Strong school districts and proximity to jobs still drive demand from families.

If you are a small investor in the West Metro wondering about Plymouth rents, call me at 952-994-4451 or use the contact form on this site. I manage 13 doors myself and I keep it straightforward.

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