Find Homes & Apartments for Rent in Buffalo, MN

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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 March 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 11.5% ($165) higher than the Minnesota average of $1,429 and 10.9% ($194) lower than the U.S. average of $1,788.

Average Rent
$1,594
Monthly ChangeMonth Over Month Change
Increased3.8% ($58)
Yearly ChangeYear Over Year Change
Increased12.2% ($173)
Avg. Days on MarketAverage Days on Market
41
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,375 Increased1% ($14) Increased9.6% ($121)
2 Beds $1,696 Increased1.4% ($23) Increased10% ($154)
3 Beds $1,945 Increased0.2% ($3) Increased8.7% ($155)
Nearby Cities Average Rent Avg. Rent vs. BuffaloAverage Rent vs. Buffalo Avg. Days on MarketAverage Days on Market
Monticello $1,399 Decreased12.2% ($195) 41 days
Saint Michael $1,694 Increased6.3% ($100) 47 days
Albertville $1,862 Increased16.8% ($268) 43 days
Rogers $1,978 Increased24.1% ($384) 33 days
Elk River $1,554 Decreased2.5% ($40) 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 $1,594 per month.
Homes in Buffalo typically rent for between $963 and $2,529 per month, with an average of $1,594 per month.
In Buffalo, the average rent for a 1-bedroom home is $1,375 per month, for a 2-bedroom home, $1,696 per month, and a 3-bedroom home is $1,945 per month.
The average rent in Buffalo is 10.9% ($194) lower than the national average of $1,788 per month.
The average rent in Buffalo has increased by 3.8% ($58) in the last month and increased by 12.2% ($173) 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 12 rental properties available in Buffalo, MN.
Based on the current averages, a household would need an annual income of $67,840 to comfortably afford a 2-bedroom home in Buffalo.
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