Rentometer, Inc. | Data as of 10/23/2025
New Prague offers a welcoming blend of small‑town charm and vibrant city amenities, making it a sought‑after destination for renters across Minnesota. The rental market is anchored by a variety of modern apartments that cater to professionals, families, and students alike. Walkable neighborhoods surround the historic downtown district, where the iconic New Prague City Hall and the scenic banks of the Minnesota River provide a pleasant backdrop for everyday life. Proximity to quality schools, expansive parks, and community events ensures that residents enjoy both convenience and a strong sense of community.
Apartment living in New Prague is especially appealing, with one‑bedroom units typically commanding rents in the $1500s, while two‑bedroom options trend toward the $2000 range. The average rent for a one‑bedroom apartment sits around $1538, and the median is slightly higher at $1575, reflecting a balanced market that offers competitive pricing for comfortable living spaces. For larger households, two‑bedroom apartments average $1870, with a median near $2150, providing ample room for families or roommates without sacrificing affordability.
Beyond housing, the city boasts a rich cultural scene highlighted by the annual St. Isidore’s Feast, local breweries, and a revitalized riverfront trail system perfect for biking and jogging. With easy access to major highways and the Twin Cities, New Prague serves as a strategic base for commuters while preserving the tranquility of a close‑knit community. The combination of diverse rental options, appealing amenities, and a welcoming atmosphere makes New Prague a compelling choice for anyone looking to settle in a thriving Minnesota locale.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,537 | $1,575 | $1,063 - $1,875 | $1,400 - $1,775 |
| Apartment | 2 Bedroom | $1,870 | $2,150 | $1,425 - $2,200 | $1,425 - $2,150 |
In the current period, the average rent in New Prague was
$1,538 for 1 Bedroom, and
$1,870 for 2 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.