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Studio Apartment for Rent in Chanhassen, MN

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  • 541 W 78th St, Chanhassen, MN 55317
    541 W 78th St, Chanhassen, MN 55317
    541 W 78th St, Chanhassen, MN 55317
    /38

    Starting at $1,500

    Total Monthly Price

    • Studio - 3 Beds

    541 W 78th St, Chanhassen, MN 55317

    LIMITED TIME OFFER: Receive a FREE underground parking spot and FREE storage locker for the duration of your lease when you apply within 48 hours of tour. Must move in by 10.1.26. Water and trash included in rent. Don't miss out- This offer is subject to change or termination at any time. Welcome home! The Venue offers luxury living in the heart of Chanhassen within walking distance of

    Venue on 78th

    541 W 78th St, Chanhassen, MN 55317
Minnesota Carver County

Studio Homes for Rent in Chanhassen, MN

Why Live in Chanhassen

Chanhassen, Minnesota, offers residents lakefront living just about 20 miles from Minneapolis. Home styles range from older ranch-style houses to modern Craftsman and New Traditional designs. Families are drawn to Chanhassen for its highly rated schools in the Eastern Carver County and Minnetonka public school districts. Commuters benefit from convenient highway access and public transit options, including Metro Transit and SouthWest Transit buses, with a planned light rail extension to the Metro Green Line in nearby Eden Prairie. With Lake Ann Park and nearby trails, residents can spend hours outside. Downtown Chanhassen, concentrated along West 78th Street, has popular dining spots like Tequila Butcher and Med Box Grill, as well as local shops like Lotus Lake Gifts and Home Decor. The Chanhassen Dinner Theatres has been providing entertainment since 1968. Community events include the February Festival and the Holiday Market. People also visit Paisley Park, home and recording studio for music legend Prince, for concerts and museum tours.

Learn more about living in Chanhassen

Frequently Asked Questions

How much does it cost to rent a home in Chanhassen, MN?
The median rent for a home in Chanhassen, MN is $2,625 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Chanhassen, MN?
To comfortably afford the median rent in Chanhassen, MN, a household needs to earn roughly $105,000 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 $2,625 per month in Chanhassen, MN, renters typically need to show $7,875 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 Chanhassen, MN?
In Chanhassen, MN, the price-to-rent ratio is 17.3, 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.

Rental Trends in Chanhassen, MN

There are currently 1 homes available for rent in Chanhassen, MN. The median rent is $2,625 per month, with single-family homes renting at $3,000, townhouses at $2,450 and condos at $1,625.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$2,625
Median Single Family Home Rent
$3,000
Median Townhouse Rent
$2,450
Median Condo Rent
$1,625
How to Rent a Home

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