Landlord Resources
How to Get a Loan for a Rental Property
Rental property loans differ from traditional mortgages, needing larger down payments, higher interest rates, and reserves, often disregarding projected rental income.
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Viewing 1 of 1 rentals in Blooming Prairie
What to Know About
Life in Blooming Prairie & Beyond
Blooming Prairie shares many of the great qualities that make Minnesota a desirable place to live.
Minnesota, known as the "Land of 10,000 Lakes", boasts breathtaking landscapes and a thriving arts and cultural community that enchants you. Immerse yourself in Minnesota's roots and history through the City Museum and the Science Museum of Minnesota, or invest in your education through the University of Minnesota, St. Cloud State University, and Minnesota State University, Mankato. In addition, residents can enjoy a vibrant arts and cultural scene in the Twin Cities of Minneapolis and St. Paul, including the famous Walker Art Center and the Minnesota Orchestra, providing a wealth of entertainment options.
Sports enthusiasts can enjoy cheering on professional teams such as the Minnesota Vikings (NFL), Minnesota Twins (MLB), and Minnesota Timberwolves (NBA), providing ample opportunities for excitement. Explore famous attractions like the Mall of America, the James J. Hill House, and the historic town of Duluth, each providing a unique glimpse into Minnesota's history and culture. In addition, the state offers many outdoor recreation opportunities, from boating and fishing in its 10,000 lakes to skiing in the Minnesota River Valley.
Minnesota offers a unique blend of natural beauty, quality of life, and affordability, making it a great place to call home.
Rental Market Trends
Blooming Prairie, MN
As of June 2026, Blooming Prairie's rental market is stable, offering a predictable rental market where most units lease within a few weeks. Blooming Prairie's average rent is 26.8% ($413) lower than the Minnesota average of $1,539 and 37.3% ($671) lower than the U.S. average of $1,797.
Average Rent
$1,126
Monthly ChangeMonth Over Month Change
11.3% ($144)
Yearly ChangeYear Over Year Change
37.5% ($307)
Avg. Days on MarketAverage Days on Market
43
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $828 | 12.8% ($121) | 23% ($155) |
| 2 Beds | $1,033 | 11.7% ($137) | 24.9% ($206) |
| 3 Beds | $1,227 | 10.4% ($143) | 27.8% ($267) |
| Nearby Cities | Average Rent | Avg. Rent vs. Blooming PrairieAverage Rent vs. Blooming Prairie | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Owatonna | $1,291 | 14.7% ($165) | 42 days |
| Ellendale | $1,363 | 21% ($237) | 43 days |
| Hayfield | $875 | 22.3% ($251) | 44 days |
| Austin | $1,087 | 3.5% ($39) | 44 days |
| Kasson | $1,602 | 42.3% ($476) | 42 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Blooming Prairie Rental Market FAQs
Explore rental prices, market trends, and availability in Blooming Prairie, MN.
The average rent in Blooming Prairie, MN is $1,126 per month.
Homes in Blooming Prairie typically rent for between $600 and $1,595 per month, with an average of $1,126 per month.
In Blooming Prairie, the average rent for a 1-bedroom home is $828 per month, for a 2-bedroom home, $1,033 per month, and a 3-bedroom home is $1,227 per month.
The average rent in Blooming Prairie is 37.3% ($671) lower than the national average of $1,797 per month.
The average rent in Blooming Prairie has decreased by 11.3% ($144) in the last month and increased by 37.5% ($307) over the past year.
The rental market in Blooming Prairie, MN, is currently stable, offering a predictable rental market where most units lease within a few weeks.
In Blooming Prairie, MN, the average rental stays on the market for approximately 43 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There is currently 1 rental property available in Blooming Prairie, MN.
Based on the current averages, a household would need an annual income of $41,320 to comfortably afford a 2-bedroom home in Blooming Prairie.
