Rentometer, Inc. | Data as of 10/22/2025
Baxter, Minnesota, offers a welcoming small‑city atmosphere just a short drive from the Twin Cities, making it an attractive destination for professionals, families, and students alike. Surrounded by scenic lakes and forested parks, the community balances suburban comfort with easy access to outdoor recreation, shopping districts, and cultural venues. Its central location along major highways provides convenient commuting options while preserving a relaxed, neighborly feel.
The local rental market reflects this blend of convenience and quality of life, featuring a mix of single‑family homes and a strong inventory of apartments. One‑bedroom apartments typically fall in the $1,200 range, while two‑bedroom units are generally priced in the mid‑$1,500 range. Larger three‑bedroom apartments approach the $1,900 range, offering spacious living for growing families or shared households. Renters appreciate the well‑maintained properties, modern amenities, and the variety of floor plans that cater to diverse needs.
Key neighborhoods such as Lakeside and Downtown Baxter showcase charming streetscapes, local cafes, and easy access to the beautiful Lake Marion. Proximity to Baxter Community Center, the historic Baxter Theater, and numerous bike trails enhances the area’s appeal for both active lifestyles and cultural pursuits. With reputable schools, reliable public transportation, and a supportive community atmosphere, Baxter continues to be a desirable place to call home.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,260 | $1,217 | $1,000 - $1,590 | $1,150 - $1,400 |
| Apartment | 2 Bedroom | $1,535 | $1,465 | $1,120 - $2,112 | $1,310 - $1,775 |
| Apartment | 3 Bedroom | $1,855 | $1,880 | $1,220 - $2,320 | $1,515 - $2,320 |
In the current period, the average rent in Baxter was
$1,260 for 1 Bedroom,
$1,536 for 2 Bedroom, and
$2,062 for 3 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.