Apartments for Rent in Stillwater, MN

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What to Know About

Life in Stillwater & Beyond

Stillwater 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

Stillwater, MN

As of June 2026, Stillwater's rental market is stable, offering a predictable rental market where most units lease within a few weeks. Stillwater's average rent is 116.4% ($1,792) higher than the Minnesota average of $1,539 and 85.4% ($1,534) higher than the U.S. average of $1,797.

Average Rent
$3,331
Monthly ChangeMonth Over Month Change
Decreased10.3% ($383)
Yearly ChangeYear Over Year Change
Increased29.9% ($767)
Avg. Days on MarketAverage Days on Market
43
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $2,578 Decreased11.6% ($338) Increased10.5% ($245)
2 Beds $3,243 Decreased10.8% ($394) Decreased11.1% ($403)
3 Beds $4,167 Decreased9.5% ($437) Decreased5.5% ($243)
Nearby Cities Average Rent Avg. Rent vs. StillwaterAverage Rent vs. Stillwater Avg. Days on MarketAverage Days on Market
Lake Elmo $3,597 Increased8% ($266) 47 days
Somerset $1,677 Decreased49.7% ($1654) 37 days
Hudson $1,314 Decreased60.6% ($2017) 39 days
Hugo $2,227 Decreased33.1% ($1104) 48 days
Roberts $1,857 Decreased44.3% ($1474) 40 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Stillwater Rental Market FAQs

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

The average rent in Stillwater, MN is $3,331 per month.
Apartments in Stillwater typically rent for between $1,805 and $5,417 per month, with an average of $3,331 per month.
In Stillwater, the average rent for a 1-bedroom apartment is $2,578 per month, for a 2-bedroom apartment, $3,243 per month, and a 3-bedroom apartment is $4,167 per month.
The average rent in Stillwater is 85.4% ($1,534) higher than the national average of $1,797 per month.
The average rent in Stillwater has decreased by 10.3% ($383) in the last month and increased by 29.9% ($767) over the past year.
The rental market in Stillwater, MN, is currently stable, offering a predictable rental market where most units lease within a few weeks.
In Stillwater, MN, the average rental stays on the market for approximately 43 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 5 rental properties available in Stillwater, MN.
Based on the current averages, a household would need an annual income of $129,720 to comfortably afford a 2-bedroom apartment in Stillwater.
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