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Rental Market Trends in Delano, MN

What is the average rent in Delano, MN?

$1,254/month

Average Rent

720 Sq Ft

Average Apartment Size

+2.4%

Increase in the Last Year

As of June 2025, the average rent in Delano, MN is $1,254 per month. This is 23% lower than the national average rent of $1,628/month, making renting in Delano more affordable than most cities in the US. When you rent an apartment in Delano, you can expect to pay about per month for a studio, $1,254 for a one-bedroom apartment, and around $1,438 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,254/month
720 Sq Ft
Two Bedroom
$1,438/month
1,006 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 Delano, MN?

In the past year, rent has increased by 2.4%, which averages out to $30 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 June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Delano, MN
Last Updated June 2025
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Delano, MN
Percentage*
Rent Range
0% Below $700/month
60% $700 - $1,000/month
20% $1,001 - $1,500/month
20% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Delano is $1,254, you’ll want to make about $4,180 per month or $50,160 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

Delano, MN

19 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Delano, 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

Apartment communities in Delano we think you'll love

Granite Works Apartments

Granite Works Apartments

35 Granite Ln,
Delano, MN 55328

Studio - 2 Beds | $1,190 - $2,555

Riverwalk Apartments

Riverwalk Apartments

405-407 River St S,
Delano, MN 55328

1-2 Beds | $929 - $1,349

838 Watertown Ave

838 Watertown Ave

838 Watertown Ave,
Delano, MN 55328

4 Beds | $2,799

480 Merriman Dr

480 Merriman Dr

480 Merriman Dr,
Delano, MN 55328

1 Bed | $875

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United States Minnesota Delano 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 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity