Rent in Hopkins, MN
Across Hopkins's 2 ZIP codes, a 2-bedroom typically rents for about $1,814 a month, with figures from $1,701–$1,927. The highest typical rent is in 55305 ($1,927) and the lowest in 55343 ($1,701). Owner-occupied homes in Hennepin County pay about 1.14% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,324 | $1,208–$1,439 | 2 |
| 1 bed | $1,521 | $1,357–$1,684 | 2 |
| 2 beds | $1,814 | $1,701–$1,927 | 2 |
| 3 beds | $2,038 | $2,002–$2,264 | 2 |
| 4 beds | $2,654 | $2,538–$2,770 | 2 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Hopkins ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Hopkins, MN?
- About $1,814 a month: the median of the typical rents in 2 ZIP codes, which range from $1,701–$1,927. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Hopkins, MN?
- About $1,521 a month: the median of the typical rents in 2 ZIP codes, which range from $1,357–$1,684. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Hopkins, MN?
- About $2,038 a month: the median of the typical rents in 2 ZIP codes, which range from $2,002–$2,264. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Hopkins, MN?
- About $1,324 a month: the median of the typical rents in 2 ZIP codes, which range from $1,208–$1,439. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Hopkins, MN?
- About $2,654 a month: the median of the typical rents in 2 ZIP codes, which range from $2,538–$2,770. Figures are gross rent (rent plus tenant-paid utilities).
- Which Hopkins ZIP code has the highest rent?
- For a 2-bedroom, 55305 has the highest typical rent at $1,927 a month, and 55343 the lowest at $1,701.
- What is the property tax rate in Hopkins, MN?
- Owner-occupied homes in Hennepin County pay a typical 1.14% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Hopkins rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).