salaryRent is higher than in 68% of U.S. cities. Household incomes are higher than in 86% of U.S. cities. A typical house costs about 3.0 years of household income. Most homes (87.4%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $79,640 a year. That is $38 an hour at a full-time job.
Is rent cheaper than other Minnesota cities?
No. Rent here is more expensive than in most of Minnesota. It is number 118 of 150 cities from cheapest to most expensive.
How much do households earn in Rosemount?
Share of households by yearly income. 52.2% of households earn $100,000 or more.
Rent by apartment size in Rosemount
| Size | Rosemount | U.S. average |
|---|---|---|
| Studio | $1,222 | $1,338 |
| 1 bedroom | $1,079 | $1,324 |
| 2 bedrooms | $1,787 | $1,509 |
| 3 bedrooms | $2,379 | $1,698 |
| 4 bedrooms | $2,538 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Rosemount overall?
Everyday prices in Minnesota overall are 1% below the U.S. average (index 98.6, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Rosemount, so the Minnesota figure is shown.
Taxes and bills in Rosemount
Life in Rosemount
Is it cheaper to rent or buy in Rosemount?
Renting is cheaper right now: about $952 a month less.
Owning assumes a typical $424,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $42,410 for the down payment.
Frequently asked questions
What is the average rent in Rosemount, MN?
Renting in Rosemount costs a median of about $1,991 a month in 2026, including utilities. The Minnesota median is $1,525.
How much do I need to make to live in Rosemount?
To keep rent under 30% of income, you need about $79,640 a year, or $38 an hour at a full-time job.
Is Rosemount cheap or expensive?
Rosemount is rated Cheap: rent takes 17.1% of the typical household income of $139,801. It ranks 118th cheapest of 150 Minnesota cities we track.
How much are property taxes in Rosemount?
The median homeowner in Rosemount pays $3,932 a year in property taxes, about 0.93% of the median home value.
Is Rosemount more expensive than the national average?
Overall prices in Minnesota are 1% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Rosemount?
The median home value in Rosemount is $424,100, about 3.0 times the typical yearly household income.
27,562 people live in Rosemount. Numbers are typical (middle) values.