Rentometer, Inc. | Data as of 10/22/2025
Pennington County, nestled in the heart of Minnesota, offers a blend of tranquil natural scenery and vibrant community life, making it an appealing destination for renters seeking both comfort and convenience. The county’s rich landscape features sprawling forests, serene lakes, and easy access to outdoor recreation such as hiking, fishing, and snowmobiling, while its towns provide essential amenities, local eateries, and cultural events that foster a welcoming small‑town atmosphere.
The rental market in Pennington County is dominated by apartment living, with a range of options that cater to individuals, couples, and families. One‑bedroom apartments typically fall within the $990s range, delivering affordable yet modern accommodations for those looking for a compact space. Two‑bedroom units generally rent in the $1070s, offering extra room for small families or home‑based workers. For larger households, three‑bedroom apartments are available in the $1160s, balancing space and cost without compromising on quality. These price points reflect a competitive market that balances affordability with the region’s high quality of life.
Renters can enjoy proximity to notable neighborhoods such as the historic downtown of Thief River Falls, known for its charming storefronts and community festivals, as well as the scenic lakeside areas that provide peaceful weekend getaways. With convenient access to major highways, local schools, and healthcare facilities, Pennington County remains a desirable location for those seeking a balanced lifestyle in Minnesota’s welcoming northern region.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $989 | $968 | $895 - $1,236 | $906 - $1,010 |
| Apartment | 2 Bedroom | $1,073 | $1,112 | $787 - $1,246 | $995 - $1,153 |
| Apartment | 3 Bedroom | $1,168 | $1,131 | $1,085 - $1,328 | $1,123 - $1,328 |
In the current period, the average rent in Pennington was
$990 for 1 Bedroom,
$1,074 for 2 Bedroom, and
$1,169 for 3 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.