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Best Places to Rent

Minnesota

Average Rent

$1,555

1.7% YoY

Rent Comparison

-4.5% Lower

than national average

Population

5.74 Million

The state of Minnesota is comprised of 8 metropolitan areas with a total population of 5,744,300. Explore Minnesota’s metro areas and compare key metrics.

Minneapolis Metro Area

Average Rent

$1,601

Population

3,715,144

# of Rentals

9,459

Duluth Metro Area

Average Rent

$1,367

Population

280,340

# of Rentals

129

Fargo Metro Area

Average Rent

$1,123

Population

262,746

# of Rentals

785

Rochester Metro Area

Average Rent

$1,624

Population

229,429

# of Rentals

426

St. Cloud Metro Area

Average Rent

$1,050

Population

203,348

# of Rentals

255

La Crosse-Onalaska Metro Area

Average Rent

$1,239

Population

170,560

# of Rentals

77

Mankato Metro Area

Average Rent

$1,257

Population

104,495

# of Rentals

154

Grand Forks Metro Area

Average Rent

$1,135

Population

102,712

# of Rentals

54

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

Other States

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