Homes & Apartments for Rent in 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 June 2026, Hayfield's rental market is stable, offering a predictable rental market where most units lease within a few weeks. Hayfield's average rent is 43.1% ($664) lower than the Minnesota average of $1,539 and 51.3% ($922) lower than the U.S. average of $1,797.

Average Rent
$875
Monthly ChangeMonth Over Month Change
No change
Yearly ChangeYear Over Year Change
Increased7.5% ($61)
Avg. Days on MarketAverage Days on Market
44
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $859 Increased0.6% ($5) Increased32.8% ($212)
2 Beds $1,080 Increased1.4% ($15) Increased30.9% ($255)
3 Beds $1,388 Increased3% ($40) Increased39.1% ($390)
Nearby Cities Average Rent Avg. Rent vs. HayfieldAverage Rent vs. Hayfield Avg. Days on MarketAverage Days on Market
Kasson $1,602 Increased83.1% ($727) 42 days
Austin $1,087 Increased24.2% ($212) 44 days
Blooming Prairie $1,126 Increased28.7% ($251) 43 days
Rochester $2,147 Increased145.4% ($1272) 30 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Hayfield Rental Market FAQs

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

The average rent in Hayfield, MN is $875 per month.
Homes in Hayfield typically rent for between $601 and $1,804 per month, with an average of $875 per month.
In Hayfield, the average rent for a 1-bedroom home is $859 per month, for a 2-bedroom home, $1,080 per month, and a 3-bedroom home is $1,388 per month.
The average rent in Hayfield is 51.3% ($922) lower than the national average of $1,797 per month.
The average rent in Hayfield has remained stable in the last month and increased by 7.5% ($61) over the past year.
The rental market in Hayfield, MN, is currently stable, offering a predictable rental market where most units lease within a few weeks.
In Hayfield, MN, the average rental stays on the market for approximately 44 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 8 rental properties available in Hayfield, MN.
Based on the current averages, a household would need an annual income of $43,200 to comfortably afford a 2-bedroom home in Hayfield.
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