Waite Park, Stearns County, MN Rental Market Trends
Highlights
The average rent for an apartment in Waite Park is $934, a 5% increase compared to the previous year, when the average rent was $887.
Average Rent in Waite Park, Stearns County, MN
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $934 | 5% | 951 sq. ft. |
The average size for a Waite Park, Stearns County, MN apartment is 951 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.
Waite Park, Stearns County, MN Apartment Rent Ranges
- $501-$7007%
- $701-$1,00068%
- $1,001-$1,50024%
- $1,501-$2,0001%
Waite Park, Stearns County, MN Occupied Housing Units
- Renter-occupied Households47%
- Owner-occupied Households52%
1,677 or 47% of the households in Waite Park, Stearns County, MN are renter-occupied while 1,822 or 52% are owner-occupied.
Waite Park, Stearns County, MN Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Feb / 2021 |
|---|---|---|---|---|---|---|---|---|---|
| Waite Park, Stearns County, MN | $829 | $829 | $878 | $865 | $903 | $887 | $900 | $898 | $934 |
| National | $1,311 | $1,342 | $1,351 | $1,356 | $1,388 | $1,395 | $1,397 | $1,389 | $1,392 |
How Waite Park Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Minneapolis | $1,552 | -3% |
| St. Paul | $1,290 | -1% |
| St. Cloud | $881 | 2% |
| Edina | $1,497 | -1% |
| Bloomington | $1,440 | -1% |
| Sartell | $1,012 | 2% |
| Sauk Rapids | $897 | 4% |
| St. Joseph | $962 | 2% |
| Clearwater | $812 | -3% |
| Cold Spring | $1,376 | n/a |
| Waite Park | $934 | 5% |
For more information about the Waite Park rental trends, check out our monthly rent report
Check out Minnesota Cities, Minnesota Neighborhoods and Minnesota Zip Codes for more details on verified listings, including the Minnesota Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!