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.
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What to Know About
Life in Pine Island & Beyond
Pine Island 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
Pine Island, MN
As of June 2026, Pine Island's rental market is stable, offering a predictable rental market where most units lease within a few weeks. Pine Island's average rent is 3.1% ($48) higher than the Minnesota average of $1,539 and 11.7% ($210) lower than the U.S. average of $1,797.
Average Rent
$1,587
Monthly ChangeMonth Over Month Change
1.3% ($20)
Yearly ChangeYear Over Year Change
No change
Avg. Days on MarketAverage Days on Market
46
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,215 | 0.6% ($7) | No change |
| 2 Beds | $1,528 | 0.3% ($4) | No change |
| 3 Beds | $1,964 | 1.8% ($35) | No change |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Pine Island Rental Market FAQs
Explore rental prices, market trends, and availability in Pine Island, MN.
The average rent in Pine Island, MN is $1,587 per month.
Apartments in Pine Island typically rent for between $851 and $2,553 per month, with an average of $1,587 per month.
In Pine Island, the average rent for a 1-bedroom apartment is $1,215 per month, for a 2-bedroom apartment, $1,528 per month, and a 3-bedroom apartment is $1,964 per month.
The average rent in Pine Island is 11.7% ($210) lower than the national average of $1,797 per month.
The rental market in Pine Island, MN, is currently stable, offering a predictable rental market where most units lease within a few weeks.
In Pine Island, MN, the average rental stays on the market for approximately 46 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 2 rental properties available in Pine Island, MN.
Based on the current averages, a household would need an annual income of $61,120 to comfortably afford a 2-bedroom apartment in Pine Island.
