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Rental Market Trends in Detroit Lakes, MN

What is the average rent in Detroit Lakes, MN?

$887/month

Average Rent

672 Sq Ft

Average Apartment Size

-3%

Decrease in the Last Year

As of May 2026, the average rent in Detroit Lakes, MN is $887 per month. This is 46% lower than the national average rent of $1,642/month, making renting in Detroit Lakes more affordable than most cities in the US. When you rent an apartment in Detroit Lakes, you can expect to pay about $830 per month for a studio, $887 for a one-bedroom apartment, and around $1,225 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,193 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$830/month
620 Sq Ft
One Bedroom
$887/month
672 Sq Ft
Two Bedroom
$1,225/month
1,018 Sq Ft
Three Bedroom
$1,193/month
1,181 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 Detroit Lakes, MN?

In the past year, rent has decreased by 3%, which averages out to $26 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated May 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Detroit Lakes, MN
Last Updated May 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

Last Updated Today
  • 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 $887, you’ll want to make about $2,956 per month or $35,472 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

56 Available Apartments for Rent

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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.

Explore the Area Guide for Detroit Lakes, MN

Apartment Averages

Mnt Meadow Acres

Detroit Lakes, MN

Mnt Meadow Acres

Detroit Lakes, MN

Studio
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-
One Bedroom
-
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Two Bedroom
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Three Bedroom
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Apartment communities in Detroit Lakes we think you'll love

Highland Lakeview Apartments Available for Rent

Highland Lakeview Apartments Available for Rent

1321 Highland Dr,
Detroit Lakes, MN 56501

$1,850 - $2,500 Plus Fees

1-2 Beds

Pelican Heights Apartments

Pelican Heights Apartments

602 Riverwood Dr,
Detroit Lakes, MN 56501

$935 - $1,190 Plus Fees

1-3 Beds | 6 Month Lease

Meadows Edge Apartments

Meadows Edge Apartments

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

$980 - $1,335 Plus Fees

1-3 Beds | 6 Month Lease

Sunridge Apartments

Sunridge Apartments

212 11th Ave,
Detroit Lakes, MN 56501

$890 - $1,265 Plus Fees

1-3 Beds | 6 Month Lease

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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 February 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