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Parkwood Knolls, Edina, MN rent trends

Rental prices in Parkwood Knolls, Edina, MN have decreased by 2.57% over the past year. The average rent moved from $1,723 to $1,678.

Average rent in Parkwood Knolls, Edina, MN

$1,678/mo Parkwood Knolls, Edina, MN average rental price, January 2026
Image Average Rent

The average monthly rent for an apartment in Parkwood Knolls, Edina, MN is around $1,678.

    What's the typical rent budget in Parkwood Knolls, Edina, MN?

    A share of 31% of apartments in Parkwood Knolls, Edina, MN have the cheapest rents between $1,001-$1,500. Around 2% of rentals are $2,501-$3,000. Around 47% of Parkwood Knolls's apartments have monthly rents between $1,501-$2,000. There are 20% of apartments with rents between $2,001-$2,500.

    The largest share of rentals in Parkwood Knolls, Edina, MN (47%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.

    Getting around in Parkwood Knolls, MN

    8 /100
    Car-Dependent
    22 /100
    Minimal Transit
    21 /100
    Somewhat Bikeable
    Walk Score®: 8, Transit Score®: 22, Bike Score®: 21

    Frequently asked questions

    What is the average rent in Parkwood Knolls, Edina, MN?

    The average rent in Parkwood Knolls, Edina, MN is $1,872.

    What type of rental buildings are in Parkwood Knolls, Edina, MN?

    In Parkwood Knolls, 25% of the residents are renting compared to 75% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 57% of Parkwood Knolls's rentals, 36% are small-scale complexes with under 50 units, and 7% are single-family rentals.

    Parkwood Knolls, Edina, MN demographics

    • 2,898Total Population
    • 1,555 Female
      1,343 Male
    • 47Median Age

    In total, Parkwood Knolls, Edina, MN has 2,898 residents, 1,555 women and 1,343 men, per U.S. Census recent estimates. Statistics show that the median age of Parkwood Knolls’s population is 47.

    Parkwood Knolls, Edina, MN households

    • 792 Family
      426 Non-family
    • 309 Children
      910 No Children
    • 1,218Total Number of Households
    • 1.92Average People Per Household
    • $132,487Median Household Income

    There is a total of 1,218 households in Parkwood Knolls, Edina, MN. Of these, 309 have children and 910 are without children. Per Census Bureau’s most current estimates, 792 family households and 426 non-family households live in this area. The size of a household in Parkwood Knolls is 1.92 people, on average. The median household annual income in Parkwood Knolls equals $132,487, and the monthly housing costs equal $1,987.

    Parkwood Knolls, Edina, MN education statistics

    According to data from the U.S. Census Bureau, 1% of the population in Parkwood Knolls, Edina, MN have no high school education, 10% went to high-school, and 14% have partially completed college. Moreover, 7% of the population hold an Associate Degree, 39% hold a Bachelor Degree, and 29% hold a Graduate Degree.