Best Places to Rent

Minnesota

Average Rent

$1,570

+2.2% YoY

Rent Comparison

5.7% Lower

than national average

Population

5.82 Million

in 2022

Metro Areas

The state of Minnesota is comprised of 9 metropolitan areas with a total population of 5,818,448. Explore Minnesota’s metro areas and compare key metrics.

Minneapolis Metro Area

Average Rent $1,594
Population 3,778,910
# of Rentals 6,987
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Sioux Falls Metro Area

Average Rent $1,041
Population 313,942
# of Rentals 629
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Duluth Metro Area

Average Rent $1,747
Population 281,951
# of Rentals 163
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Fargo Metro Area

Average Rent $1,192
Population 271,920
# of Rentals 626
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Rochester Metro Area

Average Rent $1,602
Population 231,843
# of Rentals 348
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St. Cloud Metro Area

Average Rent $1,090
Population 207,734
# of Rentals 115
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La Crosse-Onalaska Metro Area

Average Rent $1,174
Population 171,083
# of Rentals 93
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Mankato Metro Area

Average Rent $1,317
Population 105,421
# of Rentals 106
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Grand Forks Metro Area

Average Rent $1,166
Population 104,250
# of Rentals 77
View Cities

Average Rent is calculated by averaging the monthly rent of 1 bedroom apartments.

Other States

New York Massachusetts District of Columbia California New Jersey Connecticut New Hampshire Rhode Island Washington Hawaii Vermont Virginia Maine Illinois Florida Maryland Colorado Pennsylvania Delaware Oregon Georgia Montana Idaho South Carolina Utah

Minnesota

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This information is based on data collected by CoStar Group researchers.