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Rental Market Trends in Annandale, MN

What is the average rent in Annandale, MN?

$1,189/month

Average Rent

717 Sq Ft

Average Apartment Size

+0.1%

Increase in the Last Year

As of April 2026, the average rent in Annandale, MN is $1,189 per month. This is 28% lower than the national average rent of $1,640/month, making renting in Annandale more affordable than most cities in the US. When you rent an apartment in Annandale, you can expect to pay about $1,151 per month for a studio, $1,189 for a one-bedroom apartment, and around $1,608 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,907 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,151/month
497 Sq Ft
One Bedroom
$1,189/month
717 Sq Ft
Two Bedroom
$1,608/month
1,013 Sq Ft
Three Bedroom
$1,907/month
1,226 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Annandale, MN?

In the past year, rent has increased by 0.1%, which averages out to $2 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Annandale, MN
Last Updated April 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Annandale, MN
Percentage*
Rent Range
25% Below $700/month
0% $700 - $1,000/month
50% $1,001 - $1,500/month
25% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Annandale, MN?

Because the average rent in Annandale is $1,189, you’ll want to make about $3,963 per month or $47,556 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Annandale, MN

79 Available Apartments for Rent

Search for Nearby Apartments

How does Annandale, MN compare to other nearby cities and neighborhoods?

Use the tool below to compare Annandale, MN to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Nearby City Rent Trends

  • Buffalo Average Rent

Apartment communities in Annandale we think you'll love

The Preserve at Pintail Ponds

The Preserve at Pintail Ponds

160 Ash Street East,
Annandale, MN 55302

$1,620 - $1,635 Total Monthly Price

2 Beds

The Willows of Annandale

The Willows of Annandale

160 Brookdale Blvd,
Annandale, MN 55302

$1,195 - $1,935 Plus Fees

Studio - 3 Beds

Cottages of Annandale

Cottages of Annandale

82 Ash St W,
Annandale, MN 55302

$1,100 Plus Fees

1 Bed | 12 Month Lease

Pintail Ponds Apartment Homes

Pintail Ponds Apartment Homes

60 Pintail Dr,
Annandale, MN 55302

$1,050 - $1,700 Plus Fees

Studio - 2 Beds

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United States Minnesota Annandale Rental Trends

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.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity