Homes for Rent in Silver Lake, MN

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What to Know About

Life in Silver Lake & Beyond

Silver Lake 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

McLeod County, MN

As of August 2025, McLeod County's rental market is stable, offering a predictable rental market where most units lease within a few weeks. McLeod County's average rent is 17.2% ($257) lower than the Minnesota average of $1,496 and 30.8% ($551) lower than the U.S. average of $1,790.

Average Rent
$1,239
Monthly ChangeMonth Over Month Change
Increased5% ($59)
Yearly ChangeYear Over Year Change
Increased39.5% ($351)
Avg. Days on MarketAverage Days on Market
42
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,113 Increased21.6% ($198) Increased47% ($356)
2 Beds $1,234 Increased6.5% ($75) Increased32.5% ($303)
3 Beds $1,603 Increased14.3% ($200) Increased48.3% ($522)
Cities within McLeod County Average Rent Avg. Rent vs. McLeodAverage Rent vs. McLeod County Avg. Days on MarketAverage Days on Market
Hutchinson $1,264 Increased2% ($25) 43 days
Glencoe $950 Decreased23.3% ($289) 46 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
McLeod County Rental Market FAQs

Explore rental prices, market trends, and availability in McLeod County, MN.

The average rent in McLeod County, MN is $1,239 per month.
Homes in McLeod County typically rent for between $779 and $2,084 per month, with an average of $1,239 per month.
In McLeod County, the average rent for a 1-bedroom home is $1,113 per month, for a 2-bedroom home, $1,234 per month, and a 3-bedroom home is $1,603 per month.
The average rent in McLeod County is 30.8% ($551) lower than the national average of $1,790 per month.
The average rent in McLeod County has increased by 5.0% ($59) in the last month and increased by 39.5% ($351) over the past year.
The rental market in McLeod County, MN, is currently stable, offering a predictable rental market where most units lease within a few weeks.
In McLeod County, MN, the average rental stays on the market for approximately 42 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 17 rental properties available in McLeod County, MN.
Based on the current averages, a household would need an annual income of $49,360 to comfortably afford a 2-bedroom home in McLeod County.
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