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Best Places to Rent

Minnesota

Average Rent

$1,482

+2.5% YoY

Rent Comparison

-9.1% Lower

than national average

Population

5.74 Million

in 2022

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.

Minneapolis Metro Area

Average Rent

$1,503

Population

3,715,144

# of Rentals

8,377

View Cities

Duluth Metro Area

Average Rent

$1,727

Population

280,340

# of Rentals

183

View Cities

Fargo Metro Area

Average Rent

$1,061

Population

262,746

# of Rentals

805

View Cities

Rochester Metro Area

Average Rent

$1,616

Population

229,429

# of Rentals

397

View Cities

St. Cloud Metro Area

Average Rent

$1,001

Population

203,348

# of Rentals

199

View Cities

La Crosse-Onalaska Metro Area

Average Rent

$1,210

Population

170,560

# of Rentals

89

View Cities

Mankato Metro Area

Average Rent

$1,206

Population

104,495

# of Rentals

90

View Cities

Grand Forks Metro Area

Average Rent

$1,181

Population

102,712

# of Rentals

76

View Cities

Average Rent is calculated by averaging the monthly rent of 1 bedroom apartments.

Other States

New YorkMassachusettsDistrict of ColumbiaCaliforniaNew JerseyConnecticutNew HampshireVermontRhode IslandWashingtonHawaiiVirginiaMaineFloridaMarylandIllinoisColoradoPennsylvaniaDelawareOregonGeorgiaMontanaUtahSouth CarolinaIdahoTennesseeNorth Carolina

Minnesota

NevadaArizonaAlaskaTexasWisconsinNew MexicoWyomingMichiganMissouriIndianaNebraskaKansasOhioKentuckyLouisianaAlabamaMississippiSouth DakotaNorth DakotaWest VirginiaIowaArkansasOklahoma

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