Homes & Apartments for Rent in Northfield, MN

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What to Know About

Life in Northfield & Beyond

Northfield 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

Northfield, MN

As of June 2026, Northfield's rental market is stable, offering a predictable rental market where most units lease within a few weeks. Northfield's average rent is 7.8% ($120) higher than the Minnesota average of $1,539 and 7.7% ($138) lower than the U.S. average of $1,797.

Average Rent
$1,659
Monthly ChangeMonth Over Month Change
Decreased0.1% ($1)
Yearly ChangeYear Over Year Change
Increased4.7% ($74)
Avg. Days on MarketAverage Days on Market
47
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,374 Increased1.9% ($26) Decreased7.3% ($108)
2 Beds $1,728 Increased2.8% ($47) Decreased5.7% ($104)
3 Beds $2,221 Increased4.4% ($93) Increased0.2% ($5)
Nearby Cities Average Rent Avg. Rent vs. NorthfieldAverage Rent vs. Northfield Avg. Days on MarketAverage Days on Market
Faribault $1,381 Decreased16.8% ($278) 47 days
Lakeville $1,653 Decreased0.4% ($6) 29 days
Cannon Falls $1,504 Decreased9.3% ($155) 42 days
Kenyon $1,505 Decreased9.3% ($154) 41 days
Prior Lake $1,575 Decreased5.1% ($84) 46 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Northfield Rental Market FAQs

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

The average rent in Northfield, MN is $1,659 per month.
Homes in Northfield typically rent for between $962 and $2,887 per month, with an average of $1,659 per month.
In Northfield, the average rent for a 1-bedroom home is $1,374 per month, for a 2-bedroom home, $1,728 per month, and a 3-bedroom home is $2,221 per month.
The average rent in Northfield is 7.7% ($138) lower than the national average of $1,797 per month.
The average rent in Northfield has decreased by 0.1% ($1) in the last month and increased by 4.7% ($74) over the past year.
The rental market in Northfield, MN, is currently stable, offering a predictable rental market where most units lease within a few weeks.
In Northfield, MN, the average rental stays on the market for approximately 47 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 13 rental properties available in Northfield, MN.
Based on the current averages, a household would need an annual income of $69,120 to comfortably afford a 2-bedroom home in Northfield.
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