What's the average rent in Lake City, MN?
Rental Market Trends in Lake City, MN
SOURCE: TRULIA DATA
Rental market highlights
As of May 2026, the average rent in Lake City, MN is $995 per month, which is 48% lower than the national average rent of $1,910 per month.
AVERAGE RENT
$995
0.0%No change month over month
397.5%$795 increase year-over-year
AVAILABLE RENTALS
7
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $995 |
| 3 Bedrooms | — |
| 4 Bedrooms | $4,000 |
| All | $995 |
As of May 2026, the average rent for a 2 bedroom rental in Lake City, MN is $995 per month, followed by $4,000 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $995 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $995 |
As of May 2026, the average rent for a 2 bedroom apartment in Lake City, MN is $995 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,475 |
| 3 Bedrooms | — |
| 4 Bedrooms | $4,000 |
| All | $1,475 |
As of May 2026, the average rent for a 2 bedroom house in Lake City, MN is $1,475 per month, followed by $4,000 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +313% compared to the previous year, which is a +$625 increase.
This year (2026)
Last year (2025)
Rent distribution
40% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $200 to $4,000.
