Find Homes & Apartments for Rent in Inver Grove Heights, MN

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What to Know About

Life in Inver Grove Heights & Beyond

Inver Grove Heights 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

Inver Grove Heights, MN

As of March 2025, Inver Grove Heights's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Inver Grove Heights's average rent is 6.5% ($93) higher than the Minnesota average of $1,429 and 14.9% ($266) lower than the U.S. average of $1,788.

Average Rent
$1,522
Monthly ChangeMonth Over Month Change
Increased4.7% ($68)
Yearly ChangeYear Over Year Change
Decreased12.4% ($215)
Avg. Days on MarketAverage Days on Market
26
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,140 Decreased19.8% ($282) Decreased8.3% ($103)
2 Beds $1,406 Decreased19.6% ($342) Decreased21% ($374)
3 Beds $1,612 Decreased20.6% ($418) Decreased17.8% ($350)
Nearby Cities Average Rent Avg. Rent vs. Inver Grove HeightsAverage Rent vs. Inver Grove Heights Avg. Days on MarketAverage Days on Market
Newport $1,301 Decreased14.5% ($221) 44 days
South Saint Paul $1,348 Decreased11.4% ($174) 27 days
Cottage Grove $2,098 Increased37.8% ($576) 46 days
Rosemount $1,612 Increased5.9% ($90) 28 days
Saint Paul $1,452 Decreased4.6% ($70) 31 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Inver Grove Heights Rental Market FAQs

Explore rental prices, market trends, and availability in Inver Grove Heights, MN.

The average rent in Inver Grove Heights, MN is $1,522 per month.
Homes in Inver Grove Heights typically rent for between $798 and $2,096 per month, with an average of $1,522 per month.
In Inver Grove Heights, the average rent for a 1-bedroom home is $1,140 per month, for a 2-bedroom home, $1,406 per month, and a 3-bedroom home is $1,612 per month.
The average rent in Inver Grove Heights is 14.9% ($266) lower than the national average of $1,788 per month.
The average rent in Inver Grove Heights has increased by 4.7% ($68) in the last month and decreased by 12.4% ($215) over the past year.
The rental market in Inver Grove Heights, MN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Inver Grove Heights, MN, the average rental stays on the market for approximately 26 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 15 rental properties available in Inver Grove Heights, MN.
Based on the current averages, a household would need an annual income of $56,240 to comfortably afford a 2-bedroom home in Inver Grove Heights.
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