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.
•11 min read
What to Know About
Life in Georgetown & Beyond
Georgetown 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
Clay County, MN
As of June 2026, Clay County's rental market is balanced, with an even mix of renter demand and available inventory leading to typical leasing times. Clay County's average rent is 22.2% ($341) lower than the Minnesota average of $1,539 and 33.3% ($599) lower than the U.S. average of $1,797.
Average Rent
$1,198
Monthly ChangeMonth Over Month Change
4.1% ($47)
Yearly ChangeYear Over Year Change
2.4% ($29)
Avg. Days on MarketAverage Days on Market
53
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,010 | 1.1% ($11) | 3.3% ($34) |
| 2 Beds | $1,213 | 5.5% ($63) | 5% ($64) |
| 3 Beds | $1,598 | 6.6% ($99) | 13.7% ($193) |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Clay County Rental Market FAQs
Explore rental prices, market trends, and availability in Clay County, MN.
The average rent in Clay County, MN is $1,198 per month.
Homes in Clay County typically rent for between $707 and $2,077 per month, with an average of $1,198 per month.
In Clay County, the average rent for a 1-bedroom home is $1,010 per month, for a 2-bedroom home, $1,213 per month, and a 3-bedroom home is $1,598 per month.
The average rent in Clay County is 33.3% ($599) lower than the national average of $1,797 per month.
The average rent in Clay County has increased by 4.1% ($47) in the last month and decreased by 2.4% ($29) over the past year.
The rental market in Clay County, MN, is currently balanced, with an even mix of renter demand and available inventory leading to typical leasing times.
In Clay County, MN, the average rental stays on the market for approximately 53 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 87 rental properties available in Clay County, MN.
Based on the current averages, a household would need an annual income of $48,520 to comfortably afford a 2-bedroom home in Clay County.
