According to the most recent data from Zillow, the average rent in Minnesota for December 2020 is $1,600. With an averge apartment size of 1,238 sqft, the average price per square foot in Minnesota is $1.292.
Compared to the national average of $1,650, Minnesota rent costs -3.0% less. Read our analysis of rents by state to see how Minnesota ranks.
Here's a look at how average rents have changed over time:
As you would expect, the median price for rent in Minnesota increases as the number of bedrooms in the unit increases. Studios rent the cheapest in Minnesota clocking in at $1,255, while a four bedroom rental will set you back $1,850 per month.
We think the best deal comes in the form of a two bedroom for $1,445 per month, however, if you don't mind having roommates, the best option on a per room basis is a 4-bedroom rental for $462/room/month.
Read on to find out more or for more on Minnesota check out:
Minnesota has experienced a $0 change in rent over the past month going from $1,600 to $1,600. That change comes out to 0.0%.
For reference, the US national average rent changed $0 in the past month or 0.0%.
Here's a look at the month over month change for each month since 2010 for Minnesota:
Over the past year, the average rent in Minnesota changed $0 from $1,600 to $1,600. A change of $0 means that rents changed 0.0% in a year.
That compares to the US national change of $5 in the past year or 0.3%.
Here's a look at the year over year change by month since 2011 for Minnesota: