Rentometer, Inc. | Data as of 10/22/2025
Inver Grove Heights, a thriving suburb of the Twin Cities in Minnesota, blends convenient urban access with a welcoming smallâtown atmosphere. Residents enjoy a mix of wellâestablished neighborhoods such as Heritage Park, Oak Hill, and the historic downtown district, all surrounded by lush green spaces, lakes, and the scenic Mankato Trail. Proximity to major highways, the St. PaulâMinneapolis International Airport, and a vibrant local business community makes the city an ideal base for commuters and professionals seeking a balanced lifestyle.
The rental market in Inver Grove Heights offers diverse housing options to suit a wide range of preferences. Studio apartments typically rent in the $1300s, while oneâbedroom units are comfortably positioned in the $1400s. Twoâbedroom apartments often fall in the $1600â$1700 range, and larger threeâbedroom apartments are available in the $1900â$2100 bracket. For renters who desire more space, twoâbedroom houses start in the $2400s, threeâbedroom homes are commonly found in the $3000s, and fourâplus bedroom houses can reach the $3900 range. This variety ensures that young professionals, growing families, and emptyânesters alike can find a lease that matches their needs and budget.
Beyond housing, Inver Grove Heights boasts an array of amenities that enhance everyday living. Residents take advantage of topârated schools, familyâfriendly parks, a bustling local dining scene, and cultural events hosted at the community center. Easy access to public transit and nearby shopping centers further adds to the convenience, making Inver Grove Heights a soughtâafter destination for anyone looking to experience the best of Minnesotaâs rental market.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,301 | $1,327 | $1,100 - $1,460 | $1,215 - $1,379 |
| Apartment | 1 Bedroom | $1,406 | $1,429 | $650 - $2,149 | $1,240 - $1,585 |
| Apartment | 2 Bedroom | $1,751 | $1,619 | $950 - $2,699 | $1,445 - $2,109 |
| Apartment | 3 Bedroom | $2,110 | $1,931 | $1,650 - $2,995 | $1,700 - $2,725 |
| House | 2 Bedroom | $2,470 | $2,413 | $2,413 - $2,585 | $2,413 - $2,585 |
| House | 3 Bedroom | $2,988 | $3,159 | $2,349 - $3,288 | $3,030 - $3,288 |
| House | 4+ Bedroom | $3,937 | $3,953 | $2,999 - $4,513 | $3,695 - $4,513 |
In the current period, the average rent in Inver Grove Heights was $1,301 for Studio, $1,407 for 1 Bedroom, $1,790 for 2 Bedroom, $2,345 for 3 Bedroom, and $3,286 for 4+ Bedroom.
Data provided by Rentometer, Inc.