• Renter Tools
    • Favorites
    • Saved Searches
  • Manage Rentals
  • Apartments For Rent
    • Ashland Apartments For Rent
    • Bessemer Apartments For Rent
    • Cloquet Apartments For Rent
    • Duluth Apartments For Rent
    • Gilbert Apartments For Rent
    • Grand Rapids Apartments For Rent
    • Hermantown Apartments For Rent
    • Hibbing Apartments For Rent
    • Hurley Apartments For Rent
    • International Falls Apartments For Rent
  • Houses For Rent
    • Cloquet Houses For Rent
    • Duluth Houses For Rent
    • Eveleth Houses For Rent
    • Gilbert Houses For Rent
    • Grand Rapids Houses For Rent
    • Hayward Houses For Rent
    • Hermantown Houses For Rent
    • Hibbing Houses For Rent
    • Ironwood Houses For Rent
    • Keewatin Houses For Rent
  • Condos For Rent
    • Central Hillside Condos For Rent
    • Downtown Duluth Condos For Rent
    • Duluth Condos For Rent
    • Duluth Heights Condos For Rent
    • East End Condos For Rent
    • Glenwood Park Condos For Rent
    • Hayward Condos For Rent
    • Lakeview of Duluth Condos For Rent
    • Nortons of Duluth Condos For Rent
    • Rice Lake Condos For Rent
  • Townhomes For Rent
    • Cook County Townhomes For Rent
    • Douglas County Townhomes For Rent
    • Duluth Townhomes For Rent
    • East End Townhomes For Rent
    • Gilbert Townhomes For Rent
    • Grand Rapids Townhomes For Rent
    • Hibbing Townhomes For Rent
    • Hunters Park Townhomes For Rent
    • Lakeside/Lester Park Townhomes For Rent
    • Lakeview of Duluth Townhomes For Rent
  • Help Center
  • Rent Calculator

Language

Apartments.com Logo
Manage Rentals      Sign Up / Sign In
Add a Property

Rental Market Trends in Eveleth, MN

What is the average rent in Eveleth, MN?

$846/month

Average Rent

595 Sq Ft

Average Apartment Size

+1.8%

Increase in the Last Year

As of August 2025, the average rent in Eveleth, MN is $846 per month. This is 48% lower than the national average rent of $1,638/month, making renting in Eveleth more affordable than most cities in the US. When you rent an apartment in Eveleth, you can expect to pay about per month for a studio, $846 for a one-bedroom apartment, and around $1,041 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
$846/month
595 Sq Ft
Two Bedroom
$1,041/month
847 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 Eveleth, MN?

In the past year, rent has increased by 1.8%, which averages out to $15 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 August 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Eveleth, MN
Last Updated August 2025
Below $701
Most rental prices fall within this range
Rent Ranges in Eveleth, MN
Percentage*
Rent Range
33% Below $700/month
33% $700 - $1,000/month
33% $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 Eveleth, MN?

Because the average rent in Eveleth is $846, you’ll want to make about $2,820 per month or $33,840 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

Eveleth, MN

3 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Eveleth, 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

  • Virginia Average Rent
  • Mountain Iron Average Rent
  • Hibbing Average Rent

Apartment communities in Eveleth we think you'll love

Eastview Apartments

Eastview Apartments

100 N Van Buren Ave,
Eveleth, MN 55734

1-2 Beds | $1,000 - $1,190

1 Cuyuna Dr

1 Cuyuna Dr

1 Cuyuna Dr,
Virginia, MN 55792

3 Beds | $1,100

City View Apartments

City View Apartments

400 1st Ave SW,
Chisholm, MN 55719

1-3 Beds | Call for Rent

5691 Mineral Ave

5691 Mineral Ave

5691 Mineral Ave,
Mountain Iron, MN 55768

1 Bed | $825

Learn More with Helpful Articles

Moving Out of State: How to Start Your Apartment Search in a New State

Go the distance and find your new home.

Non-Monetary Factors to Consider When Renting or Buying a Home

Money isn't the only matter.

How Much Should I Spend on Rent?

It's time to break down your budget and calculate costs.

Tips for Finding an Apartment in a New City

Concrete jungle or small-town suburb? Your new home awaits.

Explore the Renterverse

Rental management, simplified

Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com

Start managing your rentals
United States Minnesota Eveleth 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.

  • About Us
  • Advertise
  • Legal Notices
  • Privacy Notice
  • Avoid Scams
  • Accessibility
  • Blog
  • Long Island Apartments
  • Sitemap
apartments.com
© 2025 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2025 CoStar Group, Inc.

Equal Housing Opportunity