Homes 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 July 2025, Northfield's rental market is stable, offering a predictable rental market where most units lease within a few weeks. Northfield's average rent is 7.4% ($109) higher than the Minnesota average of $1,479 and 10.5% ($187) lower than the U.S. average of $1,775.

Average Rent
$1,588
Monthly ChangeMonth Over Month Change
Increased0.2% ($3)
Yearly ChangeYear Over Year Change
Increased2.4% ($37)
Avg. Days on MarketAverage Days on Market
47
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,447 Decreased2.4% ($35) Increased7.9% ($106)
2 Beds $1,811 Decreased1.1% ($21) Increased9.8% ($162)
3 Beds $2,193 Decreased1% ($23) Increased14.6% ($279)
Nearby Cities Average Rent Avg. Rent vs. NorthfieldAverage Rent vs. Northfield Avg. Days on MarketAverage Days on Market
Faribault $1,536 Decreased3.3% ($52) 47 days
Farmington $1,101 Decreased30.7% ($487) 31 days
Lakeville $1,354 Decreased14.7% ($234) 29 days
Cannon Falls $1,176 Decreased25.9% ($412) 42 days
Kenyon $1,546 Decreased2.6% ($42) 41 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 $1,588 per month.
Homes in Northfield typically rent for between $1,013 and $2,851 per month, with an average of $1,588 per month.
In Northfield, the average rent for a 1-bedroom home is $1,447 per month, for a 2-bedroom home, $1,811 per month, and a 3-bedroom home is $2,193 per month.
The average rent in Northfield is 10.5% ($187) lower than the national average of $1,775 per month.
The average rent in Northfield has increased by 0.2% ($3) in the last month and increased by 2.4% ($37) 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 11 rental properties available in Northfield, MN.
Based on the current averages, a household would need an annual income of $72,440 to comfortably afford a 2-bedroom home in Northfield.
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