BEST PLACES TO RENT

Minnesota

Average Rent

$1,551

1.6% YoY

Rent Comparison

-4.7% Lower

than the national average

Rentals Available

11,105

Population

5.74 Million

Minnesota Metropolitan Areas

The state of Minnesota is comprised of 8 metropolitan areas with a total population of 5,744,300. Explore Minnesota’s metro areas and compare key metrics.

POPULATION

3,715,144

AVG RENT

$1,598

# RENTALS

9,621

POPULATION

280,340

AVG RENT

$1,382

# RENTALS

130

POPULATION

262,746

AVG RENT

$1,103

# RENTALS

829

POPULATION

229,429

AVG RENT

$1,595

# RENTALS

439

POPULATION

203,348

AVG RENT

$1,048

# RENTALS

256

POPULATION

170,560

AVG RENT

$1,232

# RENTALS

78

POPULATION

104,495

AVG RENT

$1,243

# RENTALS

157

POPULATION

102,712

AVG RENT

$1,148

# RENTALS

59

Minnesota Rent Ranges

On average, rent in the state of Minnesota falls anywhere from < $700/mo on the low end to > $2,000/mo at the max. Most rental prices fall within the $1,001 - $1,500/mo range.

Minnesota Average Rent

The average rent for a one-bedroom apartment in Minnesota is around $1,551. Use the chart below to compare Minnesota’s average rent prices over time.

Other States

This information is based on data collected by CoStar Group researchers.