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Rental Market Trends in Biwabik, MN

Updated August 2026

The average rent in Biwabik, MN is $801/month.

Rent in Biwabik is 52% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$801/month

Average Rent

550 Sq Ft

Average Size

+3.2%

Change / Year

7

Available Apartments

Biwabik rent varies by unit size and layout:

  • Studio apartments in Biwabik average per month.
  • One-bedroom apartments in Biwabik average $801 per month.
  • Two-bedroom apartments in Biwabik average $1,001 per month.
  • Three-bedroom apartments in Biwabik average or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$801/month
550 Sq Ft
Two Bedroom
$1,001/month
1,000 Sq Ft
View Biwabik Apartments

How much has average rent changed in Biwabik, MN?

In the past year, rent has increased by 3.2%, which averages out to $26 more per month.

Market Trends Over Time

August 2026

2025 2026
Market Trends Over Time

Rent Ranges in Biwabik, MN

August 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Biwabik, MN
Percentage*
Rent Range
0% Below $700/month
100% $700 - $1,000/month
0% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Biwabik is $801, you’ll want to make about $2,670 per month or $32,040 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

Biwabik, MN

7 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Biwabik, 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

Compare Rent Trends Nearby

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

  • Aurora

    Aurora

    Avg Rent: $715/month

  • Virginia

    Virginia

    Avg Rent: $826/month

  • Eveleth

    Eveleth

    Avg Rent: $876/month

  • Mountain Iron

    Mountain Iron

    Avg Rent: $830/month

Apartment Communities in Biwabik We Think You'll Love

Laurentian Apartments

Laurentian Apartments

111 W Railroad Dr,
Biwabik, MN 55708

1-2 Beds | $600 - $1,000

Meadowbrook Apartments

Meadowbrook Apartments

8392 Jasmine St,
Virginia, MN 55792

1-2 Beds | $950 - $1,350

Eastview Apartments

Eastview Apartments

100 N Van Buren Ave,
Eveleth, MN 55734

1-2 Beds | $1,010 - $1,200

Park Villa Apartments

Park Villa Apartments

8515 Parkvilla Dr,
Mountain Iron, MN 55768

1-3 Beds | $930 - $1,420

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Frequently Asked Questions

What is the average rent in Biwabik?

The average rent in Biwabik is $801 per month, which is 51.8% lower than the national average of $1,663.

Are rents going up or down in Biwabik?

Rents in Biwabik, MN are increasing, with prices up 3.2% year-over-year and $26 more per month.

What rent range is most common in Biwabik?

In Biwabik, MN, 100% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.

United States Minnesota Biwabik 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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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity