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Homes & Apartments for Rent in Thief River Falls, MN 56701

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What to Know About

Life in Thief River Falls & Beyond

Thief River Falls 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

Thief River Falls, MN

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As of October 2026, Thief River Falls's rental market is stable, offering a predictable rental market where most units lease within a few weeks. Thief River Falls's average rent is 38.1% ($594) lower than the Minnesota average of $1,560 and 46.9% ($853) lower than the U.S. average of $1,819.

Average Rent
$966
Monthly ChangeMonth Over Month Change
Increased1% ($10)
Yearly ChangeYear Over Year Change
Decreased2.3% ($23)
Avg. Days on MarketAverage Days on Market
44
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $902 Increased1.2% ($11) Decreased4.7% ($44)
2 Beds $1,079 Decreased0.3% ($3) Decreased12.6% ($155)
3 Beds $1,398 Decreased1.8% ($25) Decreased2.1% ($30)
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Thief River Falls Rental Market FAQs

Explore rental prices, market conditions, and affordability in Thief River Falls, MN.

The average rent in Thief River Falls, MN is $966 per month.
In Thief River Falls, the average rent for a 1-bedroom home is $902 per month, for a 2-bedroom home, $1,079 per month, and a 3-bedroom home is $1,398 per month.
The average rent in Thief River Falls is 46.9% ($853) lower than the national average of $1,819 per month.
The rental market in Thief River Falls, MN, is currently stable, offering a predictable rental market where most units lease within a few weeks.
Based on the current averages, a household would need an annual income of $43,160 to comfortably afford a 2-bedroom home in Thief River Falls.
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