Orono, MN Rental Market Trends
The average rent for an apartment in Orono is $1,184, a 5% decrease compared to the previous year, when the average rent was $1,244.
Average Rent in Orono, MN
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,184||-5%||883 sq. ft.|
The average size for a Orono, MN apartment is 883 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.
Orono, MN Apartment Rent Ranges
Orono, MN Occupied Housing Units
- Renter-occupied Households28%
- Owner-occupied Households71%
870 or 28% of the households in Orono, MN are renter-occupied while 2,214 or 71% are owner-occupied.
Orono, MN Rent Trends
|Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Jan / 2021|
How Orono Compares to Other Cities
|Average Rent||Y-o-Y Change|
|St. Louis Park||$1,613||-1%|
For more information about the Orono rental trends, check out our monthly rent report
Curious about listings in your area? Check out our apartments near you for more details!