Rent Calculator for Minnesota (2026)
Minnesota (MN) Key Facts
Average 1 B R Rent
$1,100
Average 2 B R Rent
$1,430
Annual Rent Growth Rate
3-5%
Rent Control Exists
Yes
Average Annual Rent (1 B R)
$13,200
How This Calculator Works in Minnesota
This rent calculator helps you estimate your total annual rental costs in Minnesota, including base rent, utilities, renter's insurance, and other fees. It uses Minnesota's average rent data as a starting point and lets you customize the inputs for your specific apartment. Use it to compare rental options and budget for the true cost of renting.
Minnesota Overview
Average rents in Minnesota are approximately $1,100/month for a 1-bedroom and $1,430/month for a 2-bedroom. Minnesota does not have statewide rent control, so landlords can raise rent by any amount at lease renewal with proper notice. Factor in state income taxes when assessing how much rent you can afford in Minnesota.
How Minnesota Compares
Minnesota's average 1BR rent of $1,100 is below the national average of roughly $1,200. Neighboring Wisconsin has an average 1BR rent of $950, lower than Minnesota. States with major metro areas and tight housing markets tend to have the highest rents nationwide.
| State | Top Rate | Notes |
|---|---|---|
| Wisconsin | $950 | Average 1BR rent is $950 per month and 2BR rent is approximately $1,235. No statewide rent control. |
| Iowa | $800 | Average 1BR rent is $800 per month and 2BR rent is approximately $1,040. No statewide rent control. |
| North Dakota | $850 | Average 1BR rent is $850 per month and 2BR rent is approximately $1,105. No statewide rent control. |
The average 1BR rent in Minnesota is $1,100 per month, compared to the national average of approximately $1,200. Minnesota rents are below the national average. Minnesota has rent control provisions that limit annual rent increases in covered units.
Tips for Minnesota Residents
- 1Average rent in Minnesota is approximately $1,100/month for a 1-bedroom and $1,430/month for a 2-bedroom. Use these as benchmarks when evaluating whether a listing is fairly priced.
- 2Minnesota does not have statewide rent control, so landlords can raise rent by any amount at lease renewal with proper notice.
- 3Follow the 30% rule: aim to spend no more than 30% of your gross monthly income on rent. In Minnesota, a $1,100/month apartment requires a gross income of about $44,000 per year.
- 4Before signing a lease in Minnesota, clarify what is included—utilities, parking, laundry, and pet policies can significantly affect your total monthly housing cost.
- 5Account for state income taxes in Minnesota when assessing whether a rental fits your budget. Your net pay, not gross, determines what you can comfortably afford.
Frequently Asked Questions
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