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Viewing 1-9 of 9 rentals in Shakopee
What to Know About
Life in Shakopee & Beyond
Shakopee 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
Shakopee, MN
As of June 2025, Shakopee's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Shakopee's average rent is 41.7% ($622) higher than the Minnesota average of $1,491 and 18.4% ($329) higher than the U.S. average of $1,784.
Average Rent
$2,113
Monthly ChangeMonth Over Month Change
2.8% ($58)
Yearly ChangeYear Over Year Change
32.1% ($513)
Avg. Days on MarketAverage Days on Market
40
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,520 | 0.9% ($13) | 16.2% ($212) |
| 2 Beds | $1,964 | 1% ($19) | 22.2% ($357) |
| 3 Beds | $3,010 | 1.1% ($35) | 45.3% ($939) |
| Nearby Cities | Average Rent | Avg. Rent vs. ShakopeeAverage Rent vs. Shakopee | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Chaska | $1,759 | 16.8% ($354) | 42 days |
| Prior Lake | $1,472 | 30.3% ($641) | 46 days |
| Savage | $1,949 | 7.8% ($164) | 45 days |
| Chanhassen | $1,383 | 34.5% ($730) | 44 days |
| Jordan | $1,820 | 13.9% ($293) | 40 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Shakopee Rental Market FAQs
Explore rental prices, market trends, and availability in Shakopee, MN.
The average rent in Shakopee, MN is $2,113 per month.
Houses in Shakopee typically rent for between $1,064 and $3,913 per month, with an average of $2,113 per month.
In Shakopee, the average rent for a 1-bedroom house is $1,520 per month, for a 2-bedroom house, $1,964 per month, and a 3-bedroom house is $3,010 per month.
The average rent in Shakopee is 18.4% ($329) higher than the national average of $1,784 per month.
The average rent in Shakopee has increased by 2.8% ($58) in the last month and increased by 32.1% ($513) over the past year.
The rental market in Shakopee, MN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Shakopee, MN, the average rental stays on the market for approximately 40 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 19 rental properties available in Shakopee, MN.
Based on the current averages, a household would need an annual income of $78,560 to comfortably afford a 2-bedroom house in Shakopee.
