Homes for Rent in 55313

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What to Know About

Life in Buffalo & Beyond

Buffalo 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

Buffalo, MN

As of July 2025, Buffalo's rental market is stable, offering a predictable rental market where most units lease within a few weeks. Buffalo's average rent is 2.2% ($33) lower than the Minnesota average of $1,479 and 18.5% ($329) lower than the U.S. average of $1,775.

Average Rent
$1,446
Monthly ChangeMonth Over Month Change
Increased4.4% ($61)
Yearly ChangeYear Over Year Change
Decreased4.1% ($62)
Avg. Days on MarketAverage Days on Market
41
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,238 Increased6.7% ($78) Decreased3.7% ($48)
2 Beds $1,464 Increased7.4% ($101) Decreased4.7% ($72)
3 Beds $1,772 Increased7.5% ($124) Decreased10.5% ($208)
Nearby Cities Average Rent Avg. Rent vs. BuffaloAverage Rent vs. Buffalo Avg. Days on MarketAverage Days on Market
Monticello $1,517 Increased4.9% ($71) 41 days
Saint Michael $1,729 Increased19.6% ($283) 47 days
Albertville $1,790 Increased23.8% ($344) 43 days
Rogers $1,813 Increased25.4% ($367) 33 days
Elk River $1,513 Increased4.6% ($67) 46 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Buffalo Rental Market FAQs

Explore rental prices, market trends, and availability in Buffalo, MN.

The average rent in Buffalo, MN is $1,446 per month.
Homes in Buffalo typically rent for between $867 and $2,304 per month, with an average of $1,446 per month.
In Buffalo, the average rent for a 1-bedroom home is $1,238 per month, for a 2-bedroom home, $1,464 per month, and a 3-bedroom home is $1,772 per month.
The average rent in Buffalo is 18.5% ($329) lower than the national average of $1,775 per month.
The average rent in Buffalo has increased by 4.4% ($61) in the last month and decreased by 4.1% ($62) over the past year.
The rental market in Buffalo, MN, is currently stable, offering a predictable rental market where most units lease within a few weeks.
In Buffalo, MN, the average rental stays on the market for approximately 41 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 9 rental properties available in Buffalo, MN.
Based on the current averages, a household would need an annual income of $58,560 to comfortably afford a 2-bedroom home in Buffalo.
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