Rentometer, Inc. | Data as of 10/22/2025
Red Wing’s rental market blends historic charm with modern convenience, offering a range of housing options that attract professionals, families, and students alike. The city’s riverfront setting along the Mississippi provides scenic views and easy access to outdoor recreation, while the vibrant downtown area features boutique shops, dining venues, and cultural attractions such as the Red Wing Art Museum and historic St. James Hotel. These amenities, coupled with a strong sense of community, make Red Wing a desirable place to call home for renters seeking both tranquility and an active lifestyle.
Apartment living dominates the market, with studios typically priced in the low $1200s, one‑bedroom units hovering around the $1400s, and two‑bedroom apartments approaching the $1700 range. For those preferring more space, single-family homes are also available, offering a quiet residential feel within neighborhoods like River Bluff and Greenfield. Proximity to the Red Wing River Park and the iconic Red Wing Bridge adds to the appeal, providing residents with walking trails, bike paths, and seasonal events that celebrate the city’s rich heritage and natural beauty.
Overall, Red Wing’s rental landscape reflects a balanced mix of affordability and quality of life. Whether you’re drawn by the historic architecture, the active riverfront scene, or the friendly neighborhoods, the city’s rental options cater to a diverse range of preferences, making it an attractive leasing destination within Minnesota’s broader housing market.
Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
---|---|---|---|---|---|
Apartment | Studio | $1,251 | $1,267 | $1,045 - $1,425 | $1,250 - $1,425 |
Apartment | 1 Bedroom | $1,420 | $1,394 | $1,190 - $1,850 | $1,290 - $1,500 |
Apartment | 2 Bedroom | $1,694 | $1,707 | $1,450 - $1,995 | $1,515 - $1,799 |
In the current period, the average rent in Red Wing was
$1,251 for Studio,
$1,420 for 1 Bedroom, and
$1,694 for 2 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.