What's the average rent in Lake City, MN?
Rental Market Trends in Lake City, MN
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SOURCE: TRULIA DATA
Rental market highlights
As of August 2026, the average rent in Lake City, MN is $825 per month, which is 58% lower than the national average rent of $1,965 per month.
AVERAGE RENT
$825
0.0%No change month over month
-17.1%-$170 decrease year-over-year
AVAILABLE RENTALS
6
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $825 |
| 2 Bedrooms | $795 |
| 3 Bedrooms | $2,100 |
| 4 Bedrooms | — |
| All | $825 |
As of August 2026, the average rent for a 1 bedroom rental in Lake City, MN is $825 per month, followed by $795 for a 2 bedroom rental, and $2,100 for a 3 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $825 |
| 2 Bedrooms | — |
| 3 Bedrooms | $2,000 |
| 4 Bedrooms | — |
| All | $2,000 |
As of August 2026, the average rent for a 1 bedroom apartment in Lake City, MN is $825 per month, followed by $2,000 for a 3 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $2,200 |
| 4 Bedrooms | — |
| All | $2,200 |
As of August 2026, the average rent for a 3 bedroom house in Lake City, MN is $2,200 per month.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -17% compared to the previous year, which is a $170 decrease.
This year (2026)
Last year (2025)
Rent distribution
38% of rentals have rent of $1,500-$2,199/month
Rental price range
The price range for rentals is $200 to $2,200.
