Ham Lake, MN Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Ham Lake is $1,239, a 3.05% increase compared to the previous year, when the average rent was $1,203.
One-bedroom apartments provide 666 square feet for $1,127, balancing privacy and affordability.
Two-beedroom units at $1,532 offer 1,013 square feet, perfect for roommates or small families.
Average rent in Ham Lake, MN
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,239 | 775 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,127 | 666 sq. ft. |
| 2 Beds | $1,532 | 1,013 sq. ft. |
| 3 Beds | n/a | n/a |
Ham Lake, MN rent trends
Rental prices in Ham Lake, MN have increased by 3.05% over the past year. The average rent moved from $1,203 to $1,239.
What's the typical rent budget in Ham Lake, MN?
The largest share of rentals in Ham Lake, MN (45%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Ham Lake, MN?
285 or 5% of the households in Ham Lake, MN are renter-occupied while 5,647 or 95% are owner-occupied.
How Ham Lake Compares to Other Cities
| City | Average Rent |
|---|---|
| Minneapolis | $1,681 |
| St. Paul | $1,524 |
| Moorhead | $1,088 |
| Rochester | $1,663 |
| Bloomington | $1,661 |
| Mankato | $1,387 |
| St. Louis Park | $1,796 |
| Edina | $1,862 |
| St. Cloud | $1,157 |
| Minnetonka | $1,923 |
| Coon Rapids | $1,435 |
| Roseville | $1,433 |
| Forest Lake, MN | $1,500 |
| Brooklyn Park | $1,337 |
| Fridley, MN | $1,486 |
| Maple Grove, MN | $2,158 |
| Blaine, MN | $1,666 |
| White Bear Lake, MN | $1,588 |
| Anoka, MN | $1,373 |
| Brooklyn Center, MN | $1,327 |
| Ham Lake | $1,239 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Ham Lake apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.