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Burnsville, MN Condos for Rent

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  • /16

    $1,299

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 750 Sq Ft
    • Condo for Rent

    12860 Nicollet Ave Unit XXX, Burnsville, MN 55337

    About The Unit:1 Full Bedroom1 Full BathHeat, Water, Trash and Garage included in rentGranite Countertops, Wood Cabinets, Ceramic Tiling and Outdoor BalconyOutdoor Pool, Sauna Room, Exercise and Party Room available for use and included in rentAccessible to Major Highways such as 35W and 131 exit south of Highway 13 and 1 exit north of

    12860 Nicollet Ave Unit XXX, Burnsville, MN 55337
  • /15

    $1,695

    Total Monthly Price

    • 3 Beds
    • 1 Bath
    • 1,100 Sq Ft
    • Condo for Rent

    16045 Joplin Ave Unit 2, Lakeville, MN 55044

    16045 Joplin Ave Unit 2, Lakeville, MN 55044

Frequently Asked Questions

How much does it cost to rent a condo in Burnsville, MN?
The median rent for a condo in Burnsville, MN is $2,999 per month, though prices vary by neighborhood, size, and property type. As of June 2026, townhouses tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Burnsville, MN?
To comfortably afford the median rent in Burnsville, MN, a household needs to earn roughly $119,960 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,999 per month in Burnsville, MN, renters typically need to show $8,997 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Burnsville, MN?
In Burnsville, MN, the price-to-rent ratio is 10.7, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Burnsville, MN are best for renting a condo?
The best neighborhood for renting in Burnsville, MN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include East Bloomington, West Bloomington and Armatage, each with its own character and price range.
How to Rent a Home