Rentometer, Inc. | Data as of 10/22/2025
Minnesota offers a dynamic rental market that caters to a wide range of lifestyles, from vibrant urban living in the Twin Cities to serene lakefront and forest retreats in the northern and western parts of the state. Prospective renters can choose from modern high‑rise apartments, historic downtown lofts, and spacious single‑family homes, each reflecting the state’s blend of progressive amenities and natural beauty. Popular neighborhoods such as North Loop, Uptown, and Lyn‑Lake in Minneapolis, as well as historic districts in St. Paul, provide walkable streets, eclectic dining, and easy access to cultural institutions like the Walker Art Center and the Minnesota State Capitol.
Rental pricing in Minnesota reflects the diversity of housing options. Studio apartments typically fall in the $1100–$1200 range, while one‑bedroom units move up to the $1,400 level. Larger three‑bedroom apartments and houses often approach the $2,000 mark, and four‑plus bedroom homes can exceed the $2,800 range, offering ample space for families or shared living arrangements. Whether you’re seeking a compact studio near the Mississippi River shoreline or a sprawling four‑bedroom house close to the Boundary Waters, the market provides choices that align with both budget considerations and lifestyle preferences.
The state’s attractions enhance its rental appeal: from the bustling Mall of America and the thriving arts scene in the Twin Cities to the outdoor adventures of Lake Superior, the North Shore, and countless state parks. Communities such as Duluth, Rochester, and St. Cloud combine affordable housing with strong employment opportunities, making Minnesota an inviting destination for renters seeking quality of life, convenience, and a welcoming Midwestern atmosphere.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,241 | $1,257 | $595 - $1,700 | $1,003 - $1,514 |
| Apartment | 1 Bedroom | $1,430 | $1,403 | $695 - $2,801 | $1,150 - $1,680 |
| Apartment | 2 Bedroom | $1,908 | $1,650 | $650 - $8,950 | $1,350 - $2,169 |
| Apartment | 3 Bedroom | $2,190 | $2,035 | $1,189 - $4,260 | $1,695 - $2,703 |
| Apartment | 4+ Bedroom | $1,854 | $1,825 | $795 - $3,250 | $1,360 - $2,072 |
| House | 1 Bedroom | $1,347 | $1,200 | $890 - $1,900 | $950 - $1,795 |
| House | 2 Bedroom | $1,903 | $1,772 | $725 - $4,500 | $1,400 - $2,345 |
| House | 3 Bedroom | $2,263 | $2,295 | $1,050 - $3,600 | $1,995 - $2,500 |
| House | 4+ Bedroom | $3,009 | $2,800 | $1,434 - $7,200 | $2,480 - $3,300 |
In the current period, the average rent in Minnesota was $1,241 for Studio, $1,435 for 1 Bedroom, $1,908 for 2 Bedroom, $2,236 for 3 Bedroom, and $2,719 for 4+ Bedroom.
Data provided by Rentometer, Inc.