Rentometer, Inc. | Data as of 10/22/2025
Chanhassen offers a balanced rental market that attracts professionals, families, and retirees alike. The city’s well‑maintained neighborhoods blend suburban tranquility with easy access to the Twin Cities, making it a sought‑after location for renters seeking both convenience and quality of life. Apartments are plentiful near the vibrant downtown corridor, where residents enjoy walkable dining, boutique shopping, and cultural venues such as the renowned Chanhassen Dinner Theatres. For those preferring single‑family homes, quiet streets bordering the Minnesota Landscape Arboretum and Carver Park Reserve provide spacious living amid natural beauty. The area’s strong school districts, extensive park system, and proximity to major highways further enhance its appeal for long‑term renters.
Rental options in Chanhassen span a range of price points that reflect the diversity of the housing stock. One‑bedroom apartments typically sit in the $1500s, while larger three‑bedroom units often approach the $2300‑$2400 range. Single‑family homes start around the $1900s for two‑bedroom configurations and can exceed $3600 for four‑plus bedroom properties, offering ample space for growing families. These figures underscore Chanhassen’s reputation for providing quality rentals that match the region’s high standards of comfort and convenience. With a mix of modern apartments, classic homes, and easy access to parks, shopping, and entertainment, the city remains a prime choice for renters seeking a vibrant yet relaxed Minnesota lifestyle.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,504 | $1,581 | $900 - $1,887 | $1,278 - $1,653 |
| Apartment | 2 Bedroom | $1,809 | $1,817 | $1,380 - $2,082 | $1,737 - $1,963 |
| Apartment | 3 Bedroom | $2,348 | $2,297 | $1,809 - $2,789 | $2,250 - $2,650 |
| House | 2 Bedroom | $1,927 | $1,995 | $1,550 - $2,290 | $1,750 - $2,050 |
| House | 3 Bedroom | $2,953 | $2,747 | $2,200 - $5,000 | $2,599 - $3,200 |
| House | 4+ Bedroom | $3,642 | $3,297 | $2,549 - $5,495 | $3,000 - $4,500 |
In the current period, the average rent in Chanhassen was
$1,505 for 1 Bedroom,
$1,836 for 2 Bedroom,
$2,752 for 3 Bedroom, and
$3,218 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.