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Apartments for Rent in Medicine Lake, MN
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Average rent in Medicine Lake, MN

$1,471/mo Medicine Lake, MN average rental price, February 2023
Image Average Rent

The average monthly rent of apartments in Medicine Lake, MN is $1,471.

Medicine Lake, MN apartment rent ranges

About 31% of apartment rents in Medicine Lake, MN range between $1,501-$2,000. Meanwhile, apartments priced over > $2,000 represent 9% of apartments. Around 58% of Medicine Lake’s apartments are in the $1,001-$1,500 price range. 2% of apartments are priced between $701-$1,000.

Medicine Lake, MN rent trends

Check out the average rent prices in Medicine Lake by neighborhood.

Compared to the national average rent of $1,727, the average rent in Medicine Lake, MN is $1,471.

Getting around in Medicine Lake, MN

8 /100
Car-Dependent
51 /100
Bikeable
Walk Score®: 8, Bike Score®: 51

Frequently asked questions

When were prices and availability in Medicine Lake, MN last updated?

Prices and availability in Medicine Lake, MN were last updated on 21 Mar 2023.

What are the best apartments in Medicine Lake, MN?

The best apartment in Medicine Lake, MN is: Medicine Lake Cottages.

What is the average rent in Medicine Lake, MN?

The average rent in Medicine Lake, MN is $1,471. Start your search for apartments in Medicine Lake, MN now.

What type of rental buildings are in Medicine Lake, MN?

In Medicine Lake 26% of the housing is rented out compared to 74% of homes are owned, according to the most recent Census Bureau estimates. none of Medicine Lake’s apartments are found in large buildings of 50 units or more, 25% are located in smaller apartment complexes with less than 50 units, and 75% are single-family rentals.

What do typical apartment communities look like in Medicine Lake, MN?

The average age of rental buildings in Medicine Lake is 41 years old, with 10% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which 94% are garden-style apartment communities, 6% are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

What apartment floorplans are common in Medicine Lake, MN?

Rental apartments in Medicine Lake come in a range of sizes and floorplans. Studio apartments represent 4% 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 41% of the total apartments in the city, while 2-bedroom floorplans represent around 50% of all rentals in Medicine Lake. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.

Medicine Lake, MN demographics

Medicine Lake, MN has a population of 411 according to the most recent data from the U.S. Census Bureau. 191 of Medicine Lake’s residents are women and 220 are men. The median age of those who live in Medicine Lake, MN is 45.8.

Medicine Lake, MN households

  • 109 Family
    84 Non-family
  • 41 Children
    152 No Children
  • 193Total Number of Households
  • 2.13Average People Per Household
  • $117,083Median Household Income

According to U.S. Census data, there are 193 households in Medicine Lake, MN. 109 are family households and 84 are non-family households. There are 41 households with children in Medicine Lake and 152 households without children. On average, about 2.13 people live in a household in Medicine Lake, MN.

Medicine Lake, MN education statistics

The level of education of the population of Medicine Lake, MN is as follows: 1% have no high school education, 14% completed some high school, 18% partially completed college, 5% have an Associate Degree, 33% have a Bachelor Degree, and 29% have a Graduate Degree.

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RentCafe is your one-stop shop for finding a great new apartment in Medicine Lake, MN. Easily search through a wide selection of apartments for rent in Medicine Lake, MN, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Browse Medicine Lake, MN apartments with rents starting from $556 and submit your rental application today!

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