Waite Park, Stearns County, 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 Waite Park is $1,134, a 4.43% increase compared to the previous year, when the average rent was $1,086.
One-bedroom apartments provide 734 square feet for $957, balancing privacy and affordability.
Two-beedroom units at $1,108 offer 944 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,169 sq ft) for $1,471, suitable for larger households.
Average rent in Waite Park, Stearns County, MN
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,134 | 926 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $957 | 734 sq. ft. |
| 2 Beds | $1,108 | 944 sq. ft. |
| 3 Beds | $1,471 | 1,169 sq. ft. |
Waite Park, Stearns County, MN rent trends
Rental prices in Waite Park, Stearns County, MN have increased by 4.43% over the past year. The average rent moved from $1,086 to $1,134.
What's the typical rent budget in Waite Park, Stearns County, MN?
The largest share of rentals in Waite Park, Stearns County, MN (62%) 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 Waite Park, Stearns County, MN?
1,707 or 48% of the households in Waite Park, Stearns County, MN are renter-occupied while 1,868 or 52% are owner-occupied.
How Waite Park Compares to Other Cities
| City | Average Rent |
|---|---|
| Waite Park | $1,134 |
| 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 |
| Albertville, MN | $1,866 |
| Elk River, MN | $1,579 |
| Buffalo, MN | $1,315 |
| Monticello, MN | $1,753 |
| Sartell, MN | $1,283 |
| Sauk Rapids, MN | $1,170 |
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 Waite Park 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.