BEST PLACES TO RENT
Minnesota
Average Rent
$1,563
1.7% YoY
Rent Comparison
-3.8% Lower
than the national average
Rentals Available
11,380
Population
5.74 Million
Minnesota Metropolitan Areas
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
POPULATION
3,715,144
AVG RENT
$1,608
# RENTALS
9,850
Duluth Metro Area
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Duluth Metro Area
POPULATION
280,340
AVG RENT
$1,454
# RENTALS
98
Fargo Metro Area
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Fargo Metro Area
POPULATION
262,746
AVG RENT
$1,113
# RENTALS
839
Rochester Metro Area
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Rochester Metro Area
POPULATION
229,429
AVG RENT
$1,615
# RENTALS
475
St. Cloud Metro Area
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St. Cloud Metro Area
POPULATION
203,348
AVG RENT
$1,067
# RENTALS
248
La Crosse-Onalaska Metro Area
POPULATION
170,560
AVG RENT
$1,222
# RENTALS
76
Mankato Metro Area
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Mankato Metro Area
POPULATION
104,495
AVG RENT
$1,253
# RENTALS
172
Grand Forks Metro Area
POPULATION
102,712
AVG RENT
$1,156
# RENTALS
111
Minnesota Rent Ranges
On average, rent in the state of Minnesota falls anywhere from < $700/mo on the low end to > $2,000/mo at the max. Most rental prices fall within the $1,001 - $1,500/mo range.
Minnesota Average Rent
The average rent for a one-bedroom apartment in Minnesota is around $1,563. Use the chart below to compare Minnesota’s average rent prices over time.
Other States
Minnesota
AlaskaTexasWisconsinNew MexicoMichiganWyomingMissouriIndianaNebraskaKansasOhioKentuckyLouisianaAlabamaSouth DakotaMississippiIowaNorth DakotaArkansasWest VirginiaOklahomaThis information is based on data collected by CoStar Group researchers.