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Homes & Apartments for Rent in Inver Grove Heights, MN 55077

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What to Know About

Life in Inver Grove Heights & Beyond

Inver Grove Heights shares many of the great qualities that make Minnesota a desirable place to live.

Minnesota, known as the "Land of 10,000 Lakes", boasts breathtaking landscapes and a thriving arts and cultural community that enchants you. Immerse yourself in Minnesota's roots and history through the City Museum and the Science Museum of Minnesota, or invest in your education through the University of Minnesota, St. Cloud State University, and Minnesota State University, Mankato. In addition, residents can enjoy a vibrant arts and cultural scene in the Twin Cities of Minneapolis and St. Paul, including the famous Walker Art Center and the Minnesota Orchestra, providing a wealth of entertainment options.

Sports enthusiasts can enjoy cheering on professional teams such as the Minnesota Vikings (NFL), Minnesota Twins (MLB), and Minnesota Timberwolves (NBA), providing ample opportunities for excitement. Explore famous attractions like the Mall of America, the James J. Hill House, and the historic town of Duluth, each providing a unique glimpse into Minnesota's history and culture. In addition, the state offers many outdoor recreation opportunities, from boating and fishing in its 10,000 lakes to skiing in the Minnesota River Valley.

Minnesota offers a unique blend of natural beauty, quality of life, and affordability, making it a great place to call home.

Rental Market Trends

Inver Grove Heights, MN

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As of October 2026, Inver Grove Heights's rental market is stable, with rentals spending about 38 days on the market, about the same as in Minnesota (40), and rents up 0.6% over the past year. Inver Grove Heights's average rent is 2.7% ($45) lower than the Minnesota average of $1,683 and 21.3% ($444) lower than the U.S. average of $2,082.

Average Rent
$1,638
Monthly ChangeMonth Over Month Change
Decreased0.05% ($1)
Yearly ChangeYear Over Year Change
Increased0.6% ($9)
Days on Market
38
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,475 Increased0.08% ($1) Increased3.4% ($48)
2 Beds $1,635 Decreased0.17% ($3) Decreased1.3% ($22)
3 Beds $2,129 Increased0.32% ($7) Increased2.0% ($42)
Nearby Cities Average Rent Avg. Rent vs. Inver Grove HeightsAverage Rent vs. Inver Grove Heights Days on Market
St. Paul Park $1,598 Decreased2.4% ($40) 38 days
Newport $1,503 Decreased8.2% ($135) 43 days
South St. Paul $1,492 Decreased8.9% ($146) 36 days
Cottage Grove $1,848 Increased12.8% ($210) 38 days
Rosemount $2,101 Increased28.3% ($463) 38 days
Based on rentals advertised on RentalSource in and around Inver Grove Heights.
Frequently Asked Questions
Inver Grove Heights Rental Market FAQs

Explore rental prices, market conditions, and affordability in Inver Grove Heights, MN.

The average rent in Inver Grove Heights, MN is about $1,638 per month.
In Inver Grove Heights, the average rent is about $1,475 per month for a 1-bedroom home, $1,635 for a 2-bedroom home and about $2,129 for a 3-bedroom home.
The average rent in Inver Grove Heights is 21.3% ($444) lower than the national average of $2,082 per month.
The rental market in Inver Grove Heights, MN is currently stable, with rentals spending about 38 days on the market, about the same as in Minnesota (40), and rents up 0.6% over the past year.
Based on the current averages, a household would need an annual income of $65,400 to comfortably afford a 2-bedroom home in Inver Grove Heights.
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