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Best Places to Rent

Minnesota

Average Rent

$1,559

+2.5% YoY

Rent Comparison

-4.8% Lower

than national average

Population

5.74 Million

in 2022

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

$1,602

Population

3,715,144

# of Rentals

8,911

View Cities

Duluth Metro Area

Average Rent

$1,352

Population

280,340

# of Rentals

110

View Cities

Fargo Metro Area

Average Rent

$1,088

Population

262,746

# of Rentals

797

View Cities

Rochester Metro Area

Average Rent

$1,604

Population

229,429

# of Rentals

377

View Cities

St. Cloud Metro Area

Average Rent

$1,051

Population

203,348

# of Rentals

210

View Cities

La Crosse-Onalaska Metro Area

Average Rent

$1,228

Population

170,560

# of Rentals

85

View Cities

Mankato Metro Area

Average Rent

$1,262

Population

104,495

# of Rentals

91

View Cities

Grand Forks Metro Area

Average Rent

$1,227

Population

102,712

# of Rentals

46

View Cities

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

Other States

New YorkMassachusettsDistrict of ColumbiaCaliforniaNew JerseyConnecticutWashingtonNew HampshireVermontRhode IslandHawaiiVirginiaMaineFloridaMarylandIllinoisColoradoPennsylvaniaDelawareOregonGeorgiaMontanaUtahSouth CarolinaIdahoTennesseeNorth CarolinaNevadaArizona

Minnesota

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