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Rental Market Trends in Detroit Lakes, MN

Updated August 2026

The average rent in Detroit Lakes, MN is $869/month.

Rent in Detroit Lakes is 48% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$869/month

Average Rent

668 Sq Ft

Average Size

-4.2%

Change / Year

52

Available Apartments

Detroit Lakes rent varies by unit size and layout:

  • Studio apartments in Detroit Lakes average $833 per month.
  • One-bedroom apartments in Detroit Lakes average $869 per month.
  • Two-bedroom apartments in Detroit Lakes average $1,216 per month.
  • Three-bedroom apartments in Detroit Lakes average $1,195 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$833/month
620 Sq Ft
One Bedroom
$869/month
668 Sq Ft
Two Bedroom
$1,216/month
1,020 Sq Ft
Three Bedroom
$1,195/month
1,181 Sq Ft
View Detroit Lakes Apartments

How much has average rent changed in Detroit Lakes, MN?

In the past year, rent has decreased by 4.2%, which averages out to $36 less per month.

Market Trends Over Time

August 2026

2025 2026
Market Trends Over Time

Rent Ranges in Detroit Lakes, MN

August 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Detroit Lakes, MN
Percentage*
Rent Range
13% Below $700/month
47% $700 - $1,000/month
33% $1,001 - $1,500/month
0% $1,501 - $2,000/month
7% Above $2,000/month

Rent by Neighborhood

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Detroit Lakes?

Based on current rent prices, Mnt Meadow Acres is the most affordable neighborhood in Detroit Lakes.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Mnt Meadow Acres
$1,850/month
895 Sq Ft

What are the most expensive neighborhoods in Detroit Lakes?

Based on current rent prices, Mnt Meadow Acres is the most expensive neighborhood in Detroit Lakes.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Mnt Meadow Acres
$1,850/month
895 Sq Ft

Which Detroit Lakes neighborhoods have the most rentals available?

The neighborhood in Detroit Lakes with the most apartments available is Mnt Meadow Acres .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Mnt Meadow Acres
$1,850/month
895 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Detroit Lakes is $869, you’ll want to make about $2,896 per month or $34,752 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

Detroit Lakes, MN

52 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Detroit Lakes, 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.

View the Detroit Lakes Area Guide

Apartment Averages

Mnt Meadow Acres

Detroit Lakes, MN

Mnt Meadow Acres

Detroit Lakes, 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.

  • Pelican Rapids

    Pelican Rapids

    Avg Rent: $828/month

Apartment Communities in Detroit Lakes We Think You'll Love

Highland Lakeview Apartments

Highland Lakeview Apartments

1321 Highland Dr,
Detroit Lakes, MN 56501

1-2 Beds | $1,850 - $2,500

Meadows Edge Apartments

Meadows Edge Apartments

252-320 W Elm St,
Detroit Lakes, MN 56501

1-3 Beds | $980 - $1,335

Pelican Heights Apartments

Pelican Heights Apartments

602 Riverwood Dr,
Detroit Lakes, MN 56501

1-3 Beds | $935 - $1,190

Sunridge Apartments

Sunridge Apartments

212 11th Ave,
Detroit Lakes, MN 56501

1-3 Beds | $890 - $1,265

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Frequently Asked Questions

What is the average rent in Detroit Lakes?

The average rent in Detroit Lakes is $869 per month, which is 47.7% lower than the national average of $1,663.

Are rents going up or down in Detroit Lakes?

Rents in Detroit Lakes, MN are decreasing, with prices down 4.2% year-over-year and $36 less per month.

What rent range is most common in Detroit Lakes?

In Detroit Lakes, MN, 47% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.

United States Minnesota Detroit Lakes 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