BEST PLACES TO RENT

Minnesota

Average Rent

$1,557

1.2% YoY

Rent Comparison

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Rentals Available

11,641

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

$1,592

# RENTALS

10,243

POPULATION

280,340

AVG RENT

$1,512

# RENTALS

116

POPULATION

262,746

AVG RENT

$1,075

# RENTALS

733

POPULATION

229,429

AVG RENT

$1,570

# RENTALS

499

POPULATION

203,348

AVG RENT

$1,084

# RENTALS

226

POPULATION

170,560

AVG RENT

$1,222

# RENTALS

73

POPULATION

104,495

AVG RENT

$1,264

# RENTALS

177

POPULATION

102,712

AVG RENT

$1,148

# RENTALS

188

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 $1,501 - $2,000/mo range.

Minnesota Average Rent

The average rent for a one-bedroom apartment in Minnesota is around $1,557. 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.