Rentometer, Inc. | Data as of 10/22/2025
Hugo’s vibrant rental market blends the charm of a Midwestern city with a range of modern housing options, making it an appealing destination for renters of all ages. Apartments dominate the inventory, offering sleek one‑bedroom units that typically fall in the $1,200 range, comfortable two‑bedroom spaces often priced between $1,600 and $1,800, and spacious three‑bedroom layouts that reach the $2,000 range. For those seeking a larger footprint, single‑family homes are also available, providing extra room for families or home‑based work while still enjoying the city’s convenient amenities.
The city’s neighborhoods each bring a distinct character to the rental experience. Downtown Hugo is known for its walkable streets, historic brick buildings, and easy access to boutique shops, cafes, and cultural venues such as the Hugo Arts Center. To the north, the Riverbend district offers a quieter, tree‑lined environment near the scenic Lake Hugo, perfect for outdoor enthusiasts who enjoy kayaking and lakeside trails. Meanwhile, the Midtown Commons area balances residential comfort with proximity to schools, medical facilities, and public transit routes, ensuring a hassle‑free commute for professionals.
Renters in Hugo benefit from a strong sense of community and a growing economy that supports a variety of lifestyle preferences. Whether you’re a young professional attracted to the dynamic downtown scene, a small family looking for a safe, family‑friendly neighborhood, or a retiree desiring tranquil lake views, Hugo’s rental market delivers flexible options in a welcoming Minnesota setting.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,175 | $1,209 | $747 - $1,570 | $747 - $1,570 |
| Apartment | 2 Bedroom | $1,665 | $1,742 | $1,330 - $1,845 | $1,700 - $1,845 |
| Apartment | 3 Bedroom | $2,038 | $2,200 | $1,565 - $2,350 | $1,565 - $2,350 |
In the current period, the average rent in Hugo was $1,175 for 1 Bedroom, $1,665 for 2 Bedroom, and $2,104 for 3 Bedroom.
Data provided by Rentometer, Inc.