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Rental Market Trends in Chisholm, MN

Updated August 2026

The average rent in Chisholm, MN is $686/month.

Rent in Chisholm is 59% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$686/month

Average Rent

491 Sq Ft

Average Size

+0.1%

Change / Year

5

Available Apartments

Chisholm rent varies by unit size and layout:

  • Studio apartments in Chisholm average per month.
  • One-bedroom apartments in Chisholm average $686 per month.
  • Two-bedroom apartments in Chisholm average $938 per month.
  • Three-bedroom apartments in Chisholm average $864 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$686/month
491 Sq Ft
Two Bedroom
$938/month
657 Sq Ft
Three Bedroom
$864/month
500 Sq Ft
View Chisholm Apartments

How much has average rent changed in Chisholm, MN?

In the past year, rent has increased by 0.1%, which averages out to $1 more per month.

Market Trends Over Time

August 2026

2025 2026
Market Trends Over Time

Rent Ranges in Chisholm, MN

August 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Chisholm, MN
Percentage*
Rent Range
0% Below $700/month
50% $700 - $1,000/month
50% $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 Chisholm, MN?

Because the average rent in Chisholm is $686, you’ll want to make about $2,286 per month or $27,432 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

Chisholm, MN

5 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Chisholm, 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.

  • Hibbing

    Hibbing

    Avg Rent: $718/month

  • Mountain Iron

    Mountain Iron

    Avg Rent: $830/month

  • Eveleth

    Eveleth

    Avg Rent: $876/month

  • Virginia

    Virginia

    Avg Rent: $826/month

Apartment Communities in Chisholm We Think You'll Love

City View Apartments

City View Apartments

400 1st Ave SW,
Chisholm, MN 55719

1-2 Beds | $1,350

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 Chisholm?

The average rent in Chisholm is $686 per month, which is 58.7% lower than the national average of $1,663.

Are rents going up or down in Chisholm?

Rents in Chisholm, MN are increasing, with prices up 0.1% year-over-year and $1 more per month.

What rent range is most common in Chisholm?

In Chisholm, MN, 50% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.

United States Minnesota Chisholm 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