Last updated
Average Rent in Burnsville 55306 & Rent Trends
Rent prices and market trends across 2 apartment communities in Burnsville 55306, Burnsville, MN. Updated daily.
Market Average
$1,420/mo
Lowest Available
$1,255/mo
cheapest unit on market
Communities
2
tracked daily
Units Listed
17
available now
Price Cuts This Week in Burnsville 55306
4 listed units across 1 building offering 1 bed units in Burnsville 55306 dropped their asking rent in the past 7 days, an average cut of $27/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| The Woods of Burnsville Apartments | Unit 645206 | $2,404 | $2,366 | $38 |
| The Woods of Burnsville Apartments | Unit 701206 | $2,262 | $2,225 | $37 |
| The Woods of Burnsville Apartments | Unit 625212 | $1,541 | $1,520 | $21 |
| The Woods of Burnsville Apartments | Unit 601121 | $1,266 | $1,255 | $11 |
Burnsville 55306 vs Burnsville, MN Average
Burnsville 55306 is cheaper than the Burnsville, MN average by $263/mo (16%). The citywide average is $1,683/mo across all neighborhoods.
Is Rent Going Up or Down in Burnsville 55306?
As of August 2026, the average rent in Burnsville 55306 is $1,420 per month across 2 apartment communities and 17 available units.
The most affordable option is The Woods of Burnsville Apartments starting at $1,255/mo. By unit type, a 1-bedroom averages $1,420/mo.
Prices range from $1,255 to $1,795 per month. The most common price point is the $1,200 range, where 8 units are currently listed.
Rent Price Distribution
Rent by Bedroom Type in Burnsville 55306
Rent Prices by Apartment in Burnsville 55306
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| The Woods of Burnsville Apartments | $1,255/mo | $1,354/mo | 13 | 4.1 |
| NEON Burnsville Apartments | $1,445/mo | $1,633/mo | 4 | 4.2 |
Frequently Asked Questions About Rent in Burnsville 55306
What is the average rent in Burnsville 55306?
Is rent going up or down in Burnsville 55306?
What is the cheapest apartment in Burnsville 55306?
How much is a 1-bedroom apartment in Burnsville 55306?
How many apartments are available in Burnsville 55306?
What salary do I need to live comfortably in Burnsville 55306?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$57,000/year
Based on the 30 percent rule, using our tracked average rent of $1,420/mo.
Comfortable income
$68,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,255/mo), you need to earn at least $50,000/year.
Cost of living in Burnsville 55306
We only have live rent data for Burnsville 55306 so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,420 |
| Estimated total | $1,420/mo |
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures are refreshed annually.
Google Search Trends for Burnsville 55306 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Burnsville 55306 Apartments
Browse all 2 communities with daily-updated pricing and availability.