Average Rent in Minnesota

There are a total of 49 cities nearby Minnesota. The average rent in Minnesota is currently $1,250 per month. A total of 32 cities nearby have an average rent lower than that. Our records show that Dubuque, IA, with an average rent of $315, is the most affordable city nearby. In contrast, the most expensive city near Minnesota is Naperville, IL. Monthly rents here are on average $2,800 per month.

Let's compare Minnesota's rent against other top cities nearby by bedroom size. Typically, rent for studios in Minnesota is 14.10% more expensive than other cities nearby. One bedrooms are about 12.04% more expensive. Two bedrooms in Minnesota are about 7.65% more expensive. Finally, rent for three bedrooms are about 27.27% more expensive. Want more information? Check out the top 10 cities out of 49 total cities near Minnesota in the following chart.

There are a total of 18 neighborhoods in or near Minnesota. Some of these neighborhoods include Lower East Side, Downtown Madison, and Edgewater. We've included all of these top 18 neighborhoods in or near Minnesota in the following chart.

The average rent for these 18 neighborhoods in or near Minnesota is currently around $1,823 per month. A total of one neighborhood has a lower average rent. Meaning, only seventeen neighborhoods have a higher average rent than $1,823. Interestingly, the neighborhoods' average rent is higher than Minnesota's average rent, which is only $1,460. Out of all the neighborhoods in or near Minnesota, Lower East Side has the most affordable average rent at $935 per month. Whereas, at $3,000 average rent per month, Near North Side is the most expensive neighborhood in or near Minnesota. View the following chart for more information.

There are a total of 18 counties located by Minnesota. Some of these counties include Grand Forks, ND, Waterloo, IA, and Sioux Falls, SD. The average rent for rentals in these counties is $1,274. That's roughly around $1 per sqft. A total of 30 counties have a lower average rent. The county that is the most affordable is Grand Forks, ND. It's average rent per month is $738. Vice versa, with an average rent of $2,478, Boulder, CO is the most expensive county by Minnesota.

Typically, rent for studios in Minnesota is 11.82% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Minnesota is 7.41% more expensive than other counties nearby. Finally, rent for two bedrooms in Minnesota is 2.99% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.

There are a total of 37 zipcodes in or near Minnesota. The average rent for all of these zipcodes is $1,600. A total of 15 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 58201, Grand Forks, ND at $730 per month. In comparison, the zipcode with the most expensive average rent of $3,450 per month is 60611, Chicago, IL.

Studios in these zipcodes have an average rent of $1,075. That's at least $2 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Minnesota is $1,400 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,887 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Minnesota. You can view the average rent breakdown for each zipcode by bedroom size.