Rent in Inver Grove Heights, MN
Across Inver Grove Heights's 2 ZIP codes, a 2-bedroom typically rents for about $1,522 a month, with figures from $1,487–$1,734. The highest typical rent is in 55077 ($1,557) and the lowest in 55076 ($1,487). Owner-occupied homes in Dakota County pay about 0.98% 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 | $1,265 | $1,265 | 2 |
| 1 bed | $1,145 | $932–$1,427 | 2 |
| 2 beds | $1,522 | $1,487–$1,734 | 2 |
| 3 beds | $1,882 | $1,865–$2,264 | 2 |
| 4 beds | $1,858 | $1,178–$2,538 | 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).
Inver Grove Heights ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Inver Grove Heights, MN?
- About $1,522 a month: the median of the typical rents in 2 ZIP codes, which range from $1,487–$1,734. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Inver Grove Heights, MN?
- About $1,145 a month: the median of the typical rents in 2 ZIP codes, which range from $932–$1,427. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Inver Grove Heights, MN?
- About $1,882 a month: the median of the typical rents in 2 ZIP codes, which range from $1,865–$2,264. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Inver Grove Heights, MN?
- About $1,265 a month: the median of the typical rents in 2 ZIP codes, which range from $1,265. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Inver Grove Heights, MN?
- About $1,858 a month: the median of the typical rents in 2 ZIP codes, which range from $1,178–$2,538. Figures are gross rent (rent plus tenant-paid utilities).
- Which Inver Grove Heights ZIP code has the highest rent?
- For a 2-bedroom, 55077 has the highest typical rent at $1,557 a month, and 55076 the lowest at $1,487.
- What is the property tax rate in Inver Grove Heights, MN?
- Owner-occupied homes in Dakota County pay a typical 0.98% 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 Inver Grove Heights rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).