Minnesota Rental Market Trends
What is the average rent in Minnesota?
The average rent for an apartment in Minnesota is $1,537. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Minnesota
Average Rent | Average Apartment Size |
---|---|
$1,537 | 887 sq. ft. |
What is the average apartment size in Minnesota?
The average size for a Minnesota apartment is 887 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Minnesota apartment rent ranges
Minnesota Occupied Housing Units
624,425 or 28% of the households in Minnesota are renter-occupied while 1,631,701 or 72% are owner-occupied.
Minnesota rent trends
Average Rent in Minnesota By City
City | Average Rent |
---|---|
Woodbury | $1,910 |
Lakeville | $1,789 |
St. Louis Park | $1,785 |
Farmington | $1,776 |
Edina | $1,771 |
Centerville | $1,769 |
Coates | $1,714 |
Rosemount | $1,714 |
Apple Valley | $1,697 |
Golden Valley | $1,696 |
Bloomington | $1,690 |
Eden Prairie | $1,687 |
Minnetonka | $1,679 |
Minneapolis | $1,675 |
Savage | $1,637 |
Shoreview | $1,613 |
Eagan | $1,602 |
Shakopee | $1,578 |
Hugo | $1,572 |
Inver Grove Heights | $1,562 |
Lino Lakes | $1,557 |
Rochester | $1,550 |
Chanhassen | $1,545 |
East Bethel | $1,504 |
Cold Spring | $1,502 |
Burnsville | $1,497 |
St. Francis | $1,488 |
Blaine | $1,488 |
Nowthen | $1,484 |
Oak Grove | $1,484 |
Anoka | $1,483 |
Ramsey | $1,483 |
Columbia Heights | $1,461 |
Hilltop | $1,461 |
Fridley | $1,460 |
Spring Lake Park | $1,459 |
Circle Pines | $1,456 |
Lexington | $1,456 |
St. Paul | $1,444 |
Mendota Heights | $1,429 |
Roseville | $1,374 |
Stillwater | $1,374 |
Coon Rapids | $1,371 |
Lilydale | $1,349 |
Sunfish Lake | $1,349 |
West St. Paul | $1,349 |
Prior Lake | $1,338 |
Columbus | $1,332 |
Crystal | $1,306 |
Arden Hills | $1,287 |
New Brighton | $1,287 |
New Prague | $1,287 |
Maplewood | $1,281 |
Jordan | $1,272 |
Brooklyn Park | $1,269 |
Sartell | $1,256 |
South St. Paul | $1,190 |
Rockville | $1,164 |
St. Joseph | $1,162 |
St. Augusta | $1,159 |
Hastings | $1,150 |
Waite Park | $1,143 |
Andover | $1,139 |
Ham Lake | $1,139 |
Stewartville | $1,120 |
Austin | $1,088 |
St. Cloud | $1,082 |
Moorhead | $1,066 |
Sauk Rapids | $1,044 |
East Grand Forks | $685 |
Winona | $642 |
What are the most affordable cities in Minnesota?
The most affordable cities in Minnesota are Winona, where the average rent goes for $642/month, East Grand Forks, where renters pay $685/mo on average, and Sauk Rapids, where the average rent goes for $1,044/mo. If you’re looking for other great deals, check out the listings from Moorhead ($1,066), St. Cloud ($1,082), and Austin ($1,088), where the asking prices are below the average Minnesota rent of $1,537/mo.
What are the most expensive cities in Minnesota?
The most expensive cities in Minnesota are St. Louis Park ($1,785), Lakeville ($1,789) and Woodbury ($1,910).
What are the most popular cities in Minnesota?
The most popular city in Minnesota is Minneapolis, where there are 197 listings with an average rent of $1,675. Next up is St. Paul, where apartments go for $1,444/month, followed by Moorhead with $1,066 If you’re looking to rent in Minnesota’s most popular cities, make sure to also check out Rochester, where renters pay $1,550 on average, and St. Louis Park, where the average monthly rent is $1,785.
Minnesota | Rent Comparison by City
Rent in Andover is 23% lower than in Anoka
Andover rent is 26% lower than Minnesota average
Anoka rent is 3% lower than Minnesota average
How Minnesota Compares to Other States
State | Average Rent | Average Apartment Size |
---|---|---|
Alabama | $1,289 | 985 sq. ft. |
Alaska | $1,483 | 704 sq. ft. |
Arizona | $1,582 | 847 sq. ft. |
Arkansas | $1,080 | 894 sq. ft. |
California | $2,555 | 852 sq. ft. |
Colorado | $1,914 | 871 sq. ft. |
Connecticut | $1,992 | 892 sq. ft. |
Delaware | $1,627 | 909 sq. ft. |
District of Columbia | $2,441 | 748 sq. ft. |
Florida | $1,955 | 971 sq. ft. |
Georgia | $1,606 | 1,016 sq. ft. |
Hawaii | $2,677 | 845 sq. ft. |
Idaho | $1,593 | 913 sq. ft. |
Illinois | $1,940 | 836 sq. ft. |
Indiana | $1,276 | 903 sq. ft. |
Iowa | $1,209 | 893 sq. ft. |
Kansas | $1,227 | 903 sq. ft. |
Kentucky | $1,278 | 930 sq. ft. |
Louisiana | $1,218 | 915 sq. ft. |
Maine | $1,947 | 842 sq. ft. |
Maryland | $1,841 | 903 sq. ft. |
Massachusetts | $2,819 | 890 sq. ft. |
Michigan | $1,324 | 916 sq. ft. |
Minnesota | $1,537 | 887 sq. ft. |
Mississippi | $1,304 | 1,015 sq. ft. |
Missouri | $1,273 | 899 sq. ft. |
Montana | $1,584 | 869 sq. ft. |
Nebraska | $1,261 | 933 sq. ft. |
Nevada | $1,526 | 900 sq. ft. |
New Hampshire | $2,070 | 882 sq. ft. |
New Jersey | $2,267 | 856 sq. ft. |
New Mexico | $1,353 | 829 sq. ft. |
New York | $2,722 | 842 sq. ft. |
North Carolina | $1,528 | 963 sq. ft. |
North Dakota | $1,057 | 957 sq. ft. |
Ohio | $1,261 | 896 sq. ft. |
Oklahoma | $1,019 | 856 sq. ft. |
Oregon | $1,748 | 852 sq. ft. |
Pennsylvania | $1,696 | 888 sq. ft. |
Rhode Island | $2,084 | 927 sq. ft. |
South Carolina | $1,590 | 1,002 sq. ft. |
South Dakota | $1,127 | 901 sq. ft. |
Tennessee | $1,487 | 949 sq. ft. |
Texas | $1,447 | 881 sq. ft. |
Utah | $1,612 | 920 sq. ft. |
Vermont | $2,107 | 813 sq. ft. |
Virginia | $1,956 | 920 sq. ft. |
Washington | $2,028 | 835 sq. ft. |
West Virginia | $1,282 | 989 sq. ft. |
Wisconsin | $1,525 | 903 sq. ft. |
Wyoming | $1,185 | 877 sq. ft. |
Popular Cities in Minnesota
- Apartments in Anoka $1,483
- Apartments in Apple Valley $1,697
- Apartments in Blaine $1,488
- Apartments in Bloomington $1,690
- Apartments in Brooklyn Park $1,269
- Apartments in Burnsville $1,497
- Apartments in Chanhassen $1,545
- Apartments in Coon Rapids $1,371
- Apartments in Eagan $1,602
- Apartments in Eden Prairie $1,687
- Apartments in Edina $1,771
- Apartments in Fridley $1,460
- Apartments in Golden Valley $1,696
- Apartments in Hastings $1,150
- Apartments in Hugo $1,572
- Apartments in Inver Grove Heights $1,562
- Apartments in Lakeville $1,789
- Apartments in Maplewood $1,281
- Apartments in Minneapolis $1,675
- Apartments in Minnetonka $1,679
- Apartments in Moorhead $1,066
- Apartments in New Brighton $1,287
- Apartments in Prior Lake $1,338
- Apartments in Rochester $1,550
- Apartments in Roseville $1,374
- Apartments in Sartell $1,256
- Apartments in Sauk Rapids $1,044
- Apartments in Shakopee $1,578
- Apartments in Shoreview $1,613
- Apartments in South St. Paul $1,190
- Apartments in Spring Lake Park $1,459
- Apartments in St. Cloud $1,082
- Apartments in St. Louis Park $1,785
- Apartments in St. Paul $1,444
- Apartments in Stillwater $1,374
- Apartments in West St. Paul $1,349
- Apartments in Woodbury $1,910