Homes & Apartments for Rent in 56387

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What to Know About

Life in Waite Park & Beyond

Waite Park 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

Waite Park, MN

As of October 2026, Waite Park's rental market is balanced, with an even mix of renter demand and available inventory leading to typical leasing times. Waite Park's average rent is 43.9% ($685) lower than the Minnesota average of $1,560 and 51.9% ($944) lower than the U.S. average of $1,819.

Average Rent
$875
Monthly ChangeMonth Over Month Change
Increased0.5% ($4)
Yearly ChangeYear Over Year Change
Decreased0.7% ($6)
Avg. Days on MarketAverage Days on Market
54
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $820 Increased1.2% ($10) Decreased0.1% ($1)
2 Beds $968 Increased3.4% ($32) Increased6.1% ($56)
3 Beds $1,254 Increased1.9% ($23) Increased18.8% ($198)
Nearby Cities Average Rent Avg. Rent vs. Waite ParkAverage Rent vs. Waite Park Avg. Days on MarketAverage Days on Market
St. Cloud $1,102 Increased25.9% ($227) 27 days
St. Joseph $1,345 Increased53.7% ($470) 53 days
Sartell $1,420 Increased62.3% ($545) 50 days
Sauk Rapids $1,484 Increased69.6% ($609) 42 days
Avon $1,422 Increased62.5% ($547) 52 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Waite Park Rental Market FAQs

Explore rental prices, market trends, and availability in Waite Park, MN.

The average rent in Waite Park, MN is $875 per month.
Homes in Waite Park typically rent for between $600 and $1,630 per month, with an average of $875 per month.
In Waite Park, the average rent for a 1-bedroom home is $820 per month, for a 2-bedroom home, $968 per month, and a 3-bedroom home is $1,254 per month.
The average rent in Waite Park is 51.9% ($944) lower than the national average of $1,819 per month.
The average rent in Waite Park has increased by 0.5% ($4) in the last month and decreased by 0.7% ($6) over the past year.
The rental market in Waite Park, MN, is currently balanced, with an even mix of renter demand and available inventory leading to typical leasing times.
In Waite Park, MN, the average rental stays on the market for approximately 54 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 10 rental properties available in Waite Park, MN.
Based on the current averages, a household would need an annual income of $38,720 to comfortably afford a 2-bedroom home in Waite Park.
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