McCarthy Apartments
505 Heartland St,
Park Rapids, MN 56470
$794 - $1,125 Plus Fees
1-2 Beds | 12 Month Lease
Park Rapids
Park Rapids, MN Area Guide
A scenic city near the edge of incredible natural beauty
Quiet
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Quaint
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Nature
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Hiking
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Fishing
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Lake
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Scenic
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Nestled between a number of state forests and bodies of water in the Heartland Lakes region is Park Rapids, a beautiful city that’s ripe with natural beauty and easy access to incredible outdoor destinations. This quaint town is a characterful locale for residents and tourists alike thanks to its colorful Main Street district with its charming locally owned shops and restaurants. There’s a diverse array of apartments and other rentals in Park Rapids, each one perfect for the average outdoor lover or a renter who just enjoys the peace and quiet of the countryside.
Fishhook Lake is part of the town’s geography and culture. It’s a popular ice fishing spot in the winter months. Locals gather all year round at the watering holes near the city town and at the parks along the water when the climate is milder. If you’re looking for a rental with quick access to the natural world, look in Park Rapids.
Rent Trends
As of March 2026, the average apartment rent in Park Rapids, MN is $527 for a studio, $696 for one bedroom, $793 for two bedrooms, and $972 for three bedrooms. Apartment rent in Park Rapids has decreased by -1.7% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$696/month
555 Sq Ft
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Park Rapids, MN is for everyday living.
Car-Dependent
35
/ 100
This area is considered a car-dependent area and most errands will require a car.
Somewhat Bikeable
40
/ 100
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.
Scores provided by Walk Score
Schools
Park Rapids Area Century Elementary
Public
Grades PK-5
Park Rapids Area Century Middle
Public
Grades K-8
Park Rapids Area Century Middle
Public
Grades K-8
Public
Grades 9-12
School data provided by
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
Points of Interest
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.