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Rental Market Trends in Annandale, MN

Updated August 2026

The average rent in Annandale, MN is $1,187/month.

Rent in Annandale is 29% lower than the national average rent of $1,664/month, making this one of the less expensive cities statewide.

$1,187/month

Average Rent

717 Sq Ft

Average Size

+0.5%

Change / Year

58

Available Apartments

Annandale rent varies by unit size and layout:

  • Studio apartments in Annandale average $1,137 per month.
  • One-bedroom apartments in Annandale average $1,187 per month.
  • Two-bedroom apartments in Annandale average $1,609 per month.
  • Three-bedroom apartments in Annandale average $1,907 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,137/month
497 Sq Ft
One Bedroom
$1,187/month
717 Sq Ft
Two Bedroom
$1,609/month
1,013 Sq Ft
Three Bedroom
$1,907/month
1,226 Sq Ft
View Annandale Apartments

How much has average rent changed in Annandale, MN?

In the past year, rent has increased by 0.5%, which averages out to $6 more per month.

Market Trends Over Time

August 2026

2025 2026
Market Trends Over Time

Rent Ranges in Annandale, MN

August 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

Rent by Neighborhood

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Annandale?

Based on current rent prices, Purcells Ponds is the most affordable neighborhood in Annandale.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Purcells Ponds
$1,392/month
780 Sq Ft

What are the most expensive neighborhoods in Annandale?

Based on current rent prices, Purcells Ponds is the most expensive neighborhood in Annandale.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Purcells Ponds
$1,392/month
780 Sq Ft

Which Annandale neighborhoods have the most rentals available?

The neighborhood in Annandale with the most apartments available is Purcells Ponds .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Purcells Ponds
$1,392/month
780 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Annandale is $1,187, you’ll want to make about $3,956 per month or $47,472 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

58 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

Purcells Ponds

Annandale, MN

Purcells Ponds

Annandale, MN

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Kimball

    Kimball

    Avg Rent: $765/month

  • Clearwater

    Clearwater

    Avg Rent: $1,123/month

  • Saint Augusta

    Saint Augusta

    Avg Rent: $1,535/month

  • Buffalo

    Buffalo

    Avg Rent: $1,124/month

  • Becker

    Becker

    Avg Rent: $1,223/month

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

1-2 Beds | $1,360 - $1,740

The Willows of Annandale

The Willows of Annandale

160 Brookwood Blvd,
Annandale, MN 55302

Studio - 3 Beds | $1,195 - $1,935

Pintail Ponds Apartment Homes

Pintail Ponds Apartment Homes

60 Pintail Dr,
Annandale, MN 55302

Studio - 2 Beds | $1,050 - $1,700

Cottages of Annandale - 55+ Community

Cottages of Annandale - 55+ Community

82 Ash St W,
Annandale, MN 55302

2 Beds | $1,295

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Frequently Asked Questions

What is the average rent in Annandale?

The average rent in Annandale is $1,187 per month, which is 28.7% lower than the national average of $1,664.

Are rents going up or down in Annandale?

Rents in Annandale, MN are increasing, with prices up 0.5% year-over-year and $6 more per month.

What rent range is most common in Annandale?

In Annandale, MN, 50% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

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 June 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

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity