Shakopee, Minnesota is a part of the Southwest Submarket submarket area, and contains zip code 55379.
The 2019 average effective rent for Class A, B, and C apartments in the Shakopee, MN submarket area was $1,310, which is 19.96% higher than 2014 average rent. This represents a compounded annual growth rate of 3.71%. 2019 vacancy in Shakopee, MN was 3.10%.
The total population of the city of Shakopee, MN has grown 11.56% since 2010. As of 2018, the population was 41,362. The median household income of the Shakopee was $83,565, which is 38.60% higher than the national average.
Submarket Area
Avg Rent
Rent Growth
Vacancy
Median Income
Population (2018)
Population Growth
Vs. Nat’l Avg
Zip Code
Southwest Submarket
$1,310
19.96%
3.10%
$83,565
41,362
11.56%
38.60%
55379
Submarket Area Southwest Submarket
Avg Rent $1,310
Rent Growth 19.96%
Vacancy 3.10%
Median Income $83,565
Population (2018) 41,362
Population Growth 11.56%
Vs. Nat’l Avg 38.60%
Zip Code 55379
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