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Homes & Apartments for Rent in Waite Park, MN

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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

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As of October 2026, Waite Park's rental market is balanced, with rentals spending about 44 days on the market, slower than in Minnesota (40), and rents up 6.6% over the past year. Waite Park's average rent is 40.8% ($687) lower than the Minnesota average of $1,683 and 52.2% ($1,086) lower than the U.S. average of $2,082.

Average Rent
$996
Monthly ChangeMonth Over Month Change
Increased0.37% ($4)
Yearly ChangeYear Over Year Change
Increased6.6% ($62)
Days on Market
44
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $898 Increased0.39% ($3) Increased4.0% ($34)
2 Beds $1,046 Increased0.09% ($1) Increased7.2% ($70)
3 Beds $1,391 Increased0.70% ($10) Increased7.0% ($91)
Nearby Cities Average Rent Avg. Rent vs. Waite ParkAverage Rent vs. Waite Park Days on Market
St. Cloud $1,148 Increased15.3% ($152) 43 days
St. Joseph $1,437 Increased44.3% ($441) 40 days
Sartell $1,421 Increased42.7% ($425) 45 days
Sauk Rapids $1,145 Increased15.0% ($149) 45 days
Avon $1,323 Increased32.8% ($327) 43 days
Based on rentals advertised on RentalSource in and around Waite Park.
Frequently Asked Questions
Waite Park Rental Market FAQs

Explore rental prices, market conditions, and affordability in Waite Park, MN.

The average rent in Waite Park, MN is about $996 per month.
In Waite Park, the average rent is about $898 per month for a 1-bedroom home, about $1,046 for a 2-bedroom home and about $1,391 for a 3-bedroom home.
The average rent in Waite Park is 52.2% ($1,086) lower than the national average of $2,082 per month.
The rental market in Waite Park, MN is currently balanced, with rentals spending about 44 days on the market, slower than in Minnesota (40), and rents up 6.6% over the past year.
Based on the current averages, a household would need an annual income of about $41,800 to comfortably afford a 2-bedroom home in Waite Park.
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