When were prices and availability in Gem Lake, MN last updated?
Prices and availability in Gem Lake, MN were last updated on 24 Nov 2025.
What is the average rent in Gem Lake, MN?
The average rent in Gem Lake, MN is $1,568.
What type of rental buildings are in Gem Lake, MN?
In Gem Lake 10% of the housing is rented out compared to 90% of homes are owned, according to the most recent Census Bureau estimates. none of Gem Lake’s apartments are found in large buildings of 50 units or more, 41% are located in smaller apartment complexes with less than 50 units, and 59% are single-family rentals.
What do typical apartment communities look like in Gem Lake, MN?
The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Gem Lake are about 35 years old, on average. Of these, 37% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.
What apartment floorplans are common in Gem Lake, MN?
Rental apartments in Gem Lake come in a range of sizes and floorplans. Studio apartments represent 2% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 45% of the total apartments in the city, while 2-bedroom floorplans represent around 50% of all rentals in Gem Lake. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.