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Homes & Apartments for Rent in Hayfield, MN 55940

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What to Know About

Life in Hayfield & Beyond

Hayfield 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

Hayfield, MN

As of October 2026, Hayfield's rental market is balanced, with rentals spending about 51 days on the market, slower than in Minnesota (40), and rents up 0.8% over the past year. Hayfield's average rent is 27.1% ($456) lower than the Minnesota average of $1,683 and 41.1% ($855) lower than the U.S. average of $2,082.

Average Rent
$1,227
Monthly ChangeMonth Over Month Change
Decreased0.11% ($1)
Yearly ChangeYear Over Year Change
Increased0.8% ($9)
Days on Market
51
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,110 Decreased0.32% ($4) Decreased1.0% ($12)
2 Beds $1,389 Decreased0.26% ($4) Decreased0.9% ($13)
3 Beds $2,008 Increased0.18% ($4) Increased6.0% ($113)
Nearby Cities Average Rent Avg. Rent vs. HayfieldAverage Rent vs. Hayfield Days on Market
Kasson $1,611 Increased31.3% ($384) 46 days
Dodge Center $1,529 Increased24.6% ($302) 46 days
Byron $2,064 Increased68.2% ($837) 46 days
Austin $1,124 Decreased8.4% ($103) 41 days
Stewartville $1,573 Increased28.2% ($346) 47 days
Based on rentals advertised on RentalSource in and around Hayfield.
Frequently Asked Questions
Hayfield Rental Market FAQs

Explore rental prices, market conditions, and affordability in Hayfield, MN.

The average rent in Hayfield, MN is about $1,227 per month.
In Hayfield, the average rent is about $1,110 per month for a 1-bedroom home, about $1,389 for a 2-bedroom home and about $2,008 for a 3-bedroom home.
The average rent in Hayfield is 41.1% ($855) lower than the national average of $2,082 per month.
The rental market in Hayfield, MN is currently balanced, with rentals spending about 51 days on the market, slower than in Minnesota (40), and rents up 0.8% over the past year.
Based on the current averages, a household would need an annual income of about $55,600 to comfortably afford a 2-bedroom home in Hayfield.
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