Lauderdale, MN Rental Market Trends
Last updated: October 20, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Lauderdale is $1,359, a 6.42% increase compared to the previous year, when the average rent was $1,277.
Studio Apartments at $958 offer the most budget-friendly option with 458 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 629 square feet for $1,213, balancing privacy and affordability.
Two-beedroom units at $1,467 offer 828 square feet, perfect for roommates or small families.
Average rent in Lauderdale, MN
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,359 | 732 sq. ft. |
| Studio | $958 | 458 sq. ft. |
| 1 Bed | $1,213 | 629 sq. ft. |
| 2 Beds | $1,467 | 828 sq. ft. |
| 3 Beds | n/a | n/a |
Lauderdale, MN rent trends
Rental prices in Lauderdale, MN have increased by 6.42% over the past year. The average rent moved from $1,277 to $1,359.
What's the typical rent budget in Lauderdale, MN?
The largest share of rentals in Lauderdale, MN (77%) 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 Lauderdale, MN?
619 or 51% of the households in Lauderdale, MN are renter-occupied while 591 or 49% are owner-occupied.
How Lauderdale Compares to Other Cities
| City | Average Rent |
|---|---|
| Lauderdale | $1,359 |
| Minneapolis | $1,681 |
| St. Paul | $1,524 |
| St. Louis Park | $1,796 |
| Moorhead | $1,088 |
| Bloomington | $1,661 |
| Edina | $1,862 |
| Rochester | $1,663 |
| Mankato | $1,387 |
| St. Cloud | $1,157 |
| Plymouth, MN | $1,706 |
| Minnetonka, MN | $1,923 |
| Burnsville, MN | $1,566 |
| Eden Prairie, MN | $1,781 |
| Woodbury, MN | $2,137 |
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 Lauderdale 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.