Rentometer, Inc. | Data as of 10/23/2025
Sleepy Eye enjoys a friendly, small‑city atmosphere while offering a variety of rental options that cater to both young professionals and families seeking a quieter lifestyle in Minnesota. The local rental market is anchored by well‑maintained apartments, most of which feature one‑bedroom layouts that appeal to individuals and couples alike. Average rents sit in the $900s, with the median hovering around the $1000 mark, reflecting the city’s affordable cost of living compared to larger metropolitan areas. Residents benefit from easy access to essential amenities, including grocery stores, cafes, and community centers, all within a short stroll or bike ride from many rental properties.
Beyond the convenience of downtown living, Sleepy Eye is surrounded by natural attractions such as the picturesque Sleepy Eye Lake and the nearby Minnesota River, offering ample opportunities for outdoor recreation like fishing, boating, and scenic walking trails. The historic downtown district boasts charming storefronts, local art galleries, and year‑round events that foster a close‑knit community feel. Proximity to major highways also makes commuting to the Twin Cities and surrounding suburbs straightforward, adding to the city’s appeal for renters who balance a tranquil home environment with access to broader employment markets. Whether you’re drawn to the quiet charm of residential streets or the vibrancy of local festivals, Sleepy Eye presents a well‑rounded rental experience that blends affordability, convenience, and a welcoming Midwestern spirit.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $910 | $1,000 | $610 - $1,120 | $610 - $1,120 |
In the current period, the average rent in Sleepy Eye was
$910 for 1 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.