Brooklyn Park, MN Rental Market
Brooklyn Park is the sixth-largest city in Minnesota and a rapidly growing northwestern suburb of Minneapolis, benefiting from its proximity to the Target Corporation headquarters and a cluster of corporate offices along the Highway 169 corridor. The city is home to one of the most diverse populations in Minnesota, and affordable rents relative to Minneapolis proper attract families, healthcare workers, and tech employees. Strong population growth supports consistent rental demand.
Get a rent estimate for an address in Brooklyn ParkAverage Rent in Brooklyn Park, MN
$1,380
per month · 2026-06
Market Score
Key Facts — Brooklyn Park, MN Rental Market
- Average rent in Brooklyn Park, MN:$1,380/mo
- Median rent:$1,270/mo
- Rent range:$700 – $3,050/mo
- Most common rental (2 bedrooms):$1,225/mo
- Active listings:380
- Avg days to lease:28 days
- Year-over-year change:+3.5%
- Median home value:$280,000
- Est. gross annual yield:5.9%
- Data as of:2026-06
Rent by Bedroom in Brooklyn Park, MN
Average monthly rent for each bedroom type based on current active listings in Brooklyn Park.
| Bedroom Type | Avg Rent/mo |
|---|---|
1 Bedroom | $1,000/mo |
2 Bedrooms | $1,225/mo |
3 Bedrooms | $1,550/mo |
4 Bedrooms | $1,900/mo |
5 Bedrooms | $2,175/mo |
Brooklyn Park Rental Market Statistics
Key indicators from the current Brooklyn Park, MN rental market.
380
Available now in Brooklyn Park
28
From list to lease
$1.06
Average across listings
1,307 sq ft
Typical rental size
$700 – $3,050
Min to max active listings
+3.5%
Avg rent vs. prior year
Investing in Brooklyn Park, MN Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$280,000
Typical purchase price in Brooklyn Park
Est. Gross Annual Yield
5.9%
Before expenses & vacancy
Avg Monthly Income
$1,380
At average market rent
Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Brooklyn Park for a full cash-flow breakdown including all costs.
Brooklyn Park, MN Rental Market FAQ
Common questions about renting and investing in Brooklyn Park, MN.
What is the average rent in Brooklyn Park, MN?
The average rent in Brooklyn Park, MN is $1,380 per month as of 2026. Two-bedroom units average $1,225/mo and three-bedroom homes average $1,550/mo. Brooklyn Park offers rents modestly below Minneapolis while maintaining excellent highway access to the city and major suburban employers.
Is Brooklyn Park, MN a good place to invest in rental property?
Brooklyn Park offers a 5.9% estimated gross yield with 3.5% year-over-year rent growth and lower acquisition costs than Minneapolis ($280,000 vs. $295,000 median). Target HQ proximity and strong corporate office demand in the Hwy 169 corridor support tenant quality and consistent occupancy.
How competitive is the Brooklyn Park, MN rental market?
Brooklyn Park averages 28 days on market with approximately 380 active listings. The market is competitive — particularly for 3-bedroom single-family homes serving families — driven by population growth and the city's position as an affordable Minneapolis alternative. Well-maintained properties lease within 2–4 weeks.
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