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 July 2025, 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 41.0% ($606) lower than the Minnesota average of $1,479 and 50.8% ($902) lower than the U.S. average of $1,775.

Average Rent

$873

Monthly ChangeMonth Over Month Change

1.6% ($14)

Yearly ChangeYear Over Year Change

1.5% ($13)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$710	2.7% ($19)	9.2% ($72)
2 Beds	$899	1.9% ($17)	1.3% ($12)
3 Beds	$1,088	2% ($21)	17.6% ($232)

Nearby Cities	Average Rent	Avg. Rent vs. Waite ParkAverage Rent vs. Waite Park	Avg. Days on MarketAverage Days on Market
Saint Cloud	$1,095	25.4% ($222)	30 days
Sartell	$1,351	54.8% ($478)	55 days
Saint Joseph	$1,334	52.8% ($461)	54 days
Sauk Rapids	$1,263	44.7% ($390)	46 days
Avon	$1,135	30% ($262)	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.

What is the average rent in Waite Park, MN?

The average rent in Waite Park, MN is $873 per month.

What is the rental price range for apartments in Waite Park, MN?

Apartments in Waite Park typically rent for between $600 and $1,414 per month, with an average of $873 per month.

What is the average rent for different bedroom sizes in Waite Park, MN?

In Waite Park, the average rent for a 1-bedroom apartment is $710 per month, for a 2-bedroom apartment, $899 per month, and a 3-bedroom apartment is $1,088 per month.

How do rent prices in Waite Park, MN compare with the national average?

The average rent in Waite Park is 50.8% ($902) lower than the national average of $1,775 per month.

How have rent prices in Waite Park, MN changed recently?

The average rent in Waite Park has increased by 1.6% ($14) in the last month and decreased by 1.5% ($13) over the past year.

How competitive is the rental market in Waite Park, MN?

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.

How long do rentals stay on the market in Waite Park, MN?

In Waite Park, MN, the average rental stays on the market for approximately 55 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Waite Park, MN?

There are currently 6 rental properties available in Waite Park, MN.

Can I afford to rent an apartment in Waite Park, MN?

Based on the current averages, a household would need an annual income of $35,960 to comfortably afford a 2-bedroom apartment in Waite Park.