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

Renville, MN

As of July 2025, Renville's rental market is stable, offering a predictable rental market where most units lease within a few weeks. Renville's average rent is 23.4% ($346) lower than the Minnesota average of $1,479 and 36.2% ($642) lower than the U.S. average of $1,775.

Average Rent

$1,133

Monthly ChangeMonth Over Month Change

11% ($112)

Yearly ChangeYear Over Year Change

29.9% ($261)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$894	11.8% ($94)	32.6% ($220)
2 Beds	$1,133	11% ($112)	16.6% ($161)
3 Beds	$1,372	11.1% ($137)	21.6% ($244)

Nearby Cities	Average Rent	Avg. Rent vs. RenvilleAverage Rent vs. Renville	Avg. Days on MarketAverage Days on Market
Redwood Falls	$1,414	24.8% ($281)	45 days
Granite Falls	$1,113	1.8% ($20)	44 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Renville Rental Market FAQs

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

What is the average rent in Renville, MN?

The average rent in Renville, MN is $1,133 per month.

What is the rental price range for homes in Renville, MN?

Homes in Renville typically rent for between $626 and $1,784 per month, with an average of $1,133 per month.

What is the average rent for different bedroom sizes in Renville, MN?

In Renville, the average rent for a 1-bedroom home is $894 per month, for a 2-bedroom home, $1,133 per month, and a 3-bedroom home is $1,372 per month.

How do rent prices in Renville, MN compare with the national average?

The average rent in Renville is 36.2% ($642) lower than the national average of $1,775 per month.

How have rent prices in Renville, MN changed recently?

The average rent in Renville has increased by 11.0% ($112) in the last month and increased by 29.9% ($261) over the past year.

How competitive is the rental market in Renville, MN?

The rental market in Renville, MN, is currently stable, offering a predictable rental market where most units lease within a few weeks.

How long do rentals stay on the market in Renville, MN?

In Renville, 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.

How many rental properties are available in Renville, MN?

There is currently 1 rental property available in Renville, MN.

Can I afford to rent a home in Renville, MN?

Based on the current averages, a household would need an annual income of $45,320 to comfortably afford a 2-bedroom home in Renville.