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34 Apartments under 1000 for rent in Hopkins, MN

Last updated December 15 at 7:40am UTC
11 11th Ave
Downtown Hopkins
Hopkins, MN
Updated December 14 at 9:44am UTC
1 Bedroom
2 Bedrooms
Results within 1 miles of Hopkins, MN
2948 Wyoming Ave S
St. Louis Park, MN
Updated December 15 at 3:42am UTC
1 Bedroom
8400 Minnetonka Blvd
St. Louis Park, MN
Updated December 15 at 3:42am UTC
1 Bedroom
2 Bedrooms
Results within 5 miles of Hopkins, MN
Results within 10 miles of Hopkins, MN
101 Glenbrook Road North
Wayzata, MN
Updated December 15 at 12:15am UTC
1 Bedroom
2 Bedrooms
Garden Gates
6390 Douglas Dr N
Brooklyn Park, MN
Updated December 15 at 12:14am UTC
1 Bedroom
2 Bedrooms
Lake Pointe Apartments
3413 53rd Ave N
Brooklyn Center, MN
Updated December 15 at 12:13am UTC
1 Bedroom
Excelsior Lake
500 Linden Street
Excelsior, MN
Updated December 14 at 12:00am UTC
1 Bedroom
2 Bedrooms
Bay Pointe
840 3rd Ave
Excelsior, MN
Updated November 19 at 7:22pm UTC
1 Bedroom
2 Bedrooms

December 2018 Hopkins Rent Report

Welcome to the December 2018 Hopkins Rent Report. Hopkins rents increased over the past month. In this report, we'll evaluate trends in the Hopkins rental market, including comparisons to similar cities nationwide.

View full Hopkins Rent Report
Rent Report

December 2018 Hopkins Rent Report

Welcome to the December 2018 Hopkins Rent Report. Hopkins rents increased over the past month. In this report, we'll evaluate trends in the Hopkins rental market, including comparisons to similar cities nationwide.

Hopkins rents increase sharply over the past month

Hopkins rents have increased 0.6% over the past month, and are up sharply by 8.4% in comparison to the same time last year. Currently, median rents in Hopkins stand at $1,130 for a one-bedroom apartment and $1,420 for a two-bedroom. This is the third straight month that the city has seen rent increases after a decline in August. Hopkins' year-over-year rent growth leads the state average of 1.8%, as well as the national average of 1.3%.

Many large cities nationwide show more affordable rents compared to Hopkins

As rents have increased sharply in Hopkins, a few large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Compared to most large cities across the country, Hopkins is less affordable for renters.

  • Hopkins' median two-bedroom rent of $1,420 is above the national average of $1,180. Nationwide, rents have grown by 1.3% over the past year compared to the 8.4% rise in Hopkins.
  • While Hopkins' rents rose sharply over the past year, the city of Baltimore saw a decrease of 1.2%.
  • Renters will generally find more expensive prices in Hopkins than most large cities. For example, Tulsa has a median 2BR rent of $820, where Hopkins is more than one-and-a-half times that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.


Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.