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Best Places to Rent

Minnesota

Average Rent

$1,557

2.4% YoY

Rent Comparison

-4.8% Lower

than national average

Population

5.74 Million

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

$1,603

Population

3,715,144

# of Rentals

9,072

Duluth Metro Area

Average Rent

$1,353

Population

280,340

# of Rentals

123

Fargo Metro Area

Average Rent

$1,119

Population

262,746

# of Rentals

780

Rochester Metro Area

Average Rent

$1,617

Population

229,429

# of Rentals

401

St. Cloud Metro Area

Average Rent

$1,038

Population

203,348

# of Rentals

223

La Crosse-Onalaska Metro Area

Average Rent

$1,240

Population

170,560

# of Rentals

74

Mankato Metro Area

Average Rent

$1,267

Population

104,495

# of Rentals

132

Grand Forks Metro Area

Average Rent

$1,269

Population

102,712

# of Rentals

45

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

Other States

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