BEST PLACES TO RENT

Minnesota

Average Rent

$1,569

1.2% YoY

Rent Comparison

0.6% Higher

than the national average

Rentals Available

11,241

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

$1,611

# RENTALS

9,880

POPULATION

280,340

AVG RENT

$1,466

# RENTALS

96

POPULATION

262,746

AVG RENT

$1,114

# RENTALS

755

POPULATION

229,429

AVG RENT

$1,612

# RENTALS

450

POPULATION

203,348

AVG RENT

$1,070

# RENTALS

215

POPULATION

170,560

AVG RENT

$1,212

# RENTALS

80

POPULATION

104,495

AVG RENT

$1,256

# RENTALS

184

POPULATION

102,712

AVG RENT

$1,143

# RENTALS

164

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 $1,569. 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.