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Rental Market Trends in Clearwater, MN

What is the average rent in Clearwater, MN?

$1,059/month

Average Rent

641 Sq Ft

Average Apartment Size

+2.4%

Increase in the Last Year

As of September 2025, the average rent in Clearwater, MN is $1,059 per month. This is 35% lower than the national average rent of $1,640/month, making renting in Clearwater more affordable than most cities in the US. When you rent an apartment in Clearwater, you can expect to pay about $1,125 per month for a studio, $1,059 for a one-bedroom apartment, and around $1,241 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,334 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,125/month
645 Sq Ft
One Bedroom
$1,059/month
641 Sq Ft
Two Bedroom
$1,241/month
937 Sq Ft
Three Bedroom
$1,334/month
1,240 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 Clearwater, MN?

In the past year, rent has increased by 2.4%, which averages out to $26 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 September 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Clearwater, MN
Last Updated September 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Clearwater, MN
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
100% $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 Clearwater, MN?

Because the average rent in Clearwater is $1,059, you’ll want to make about $3,530 per month or $42,360 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

Clearwater, MN

16 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Clearwater, 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

  • Saint Cloud Average Rent
  • Monticello Average Rent
  • Saint Joseph Average Rent

Apartment communities in Clearwater we think you'll love

Clearwater Residential Suites

Clearwater Residential Suites

845 Ash St,
Clearwater, MN 55320

$1,125 - $1,550 Plus Fees

Studio - 2 Beds | 12 Month Lease

Mississippi Ridge

Mississippi Ridge

1030 Main St,
Clearwater, MN 55320

$1,210 - $1,500 Plus Fees

1-2 Beds

Cedar Ridge Apartments

Cedar Ridge Apartments

810 Kelsey Ave,
Clearwater, MN 55320

$935 - $1,355 Plus Fees

1-3 Beds | 6 Month Lease

19146 Eaglewood Rd

19146 Eaglewood Rd

19146 Eaglewood Rd,
Clearwater, MN 55320

$2,400

4 Beds

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United States Minnesota Clearwater 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 September 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity