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Rental Market Trends in Glencoe, MN

Updated July 2026

The average rent in Glencoe, MN is $992/month.

Rent in Glencoe is 40% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$992/month

Average Rent

763 Sq Ft

Average Size

+5.8%

Change / Year

7

Available Apartments

Glencoe rent varies by unit size and layout:

  • Studio apartments in Glencoe average per month.
  • One-bedroom apartments in Glencoe average $992 per month.
  • Two-bedroom apartments in Glencoe average $1,084 per month.
  • Three-bedroom apartments in Glencoe average $1,646 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$992/month
763 Sq Ft
Two Bedroom
$1,084/month
952 Sq Ft
Three Bedroom
$1,646/month
1,210 Sq Ft
View Glencoe Apartments

How much has average rent changed in Glencoe, MN?

In the past year, rent has increased by 5.8%, which averages out to $58 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Glencoe, MN

July 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Glencoe, MN
Percentage*
Rent Range
0% Below $700/month
67% $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 Glencoe, MN?

Because the average rent in Glencoe is $992, you’ll want to make about $3,306 per month or $39,672 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

Glencoe, MN

7 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Glencoe, 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 Glencoe Area Guide

Apartment Averages

Apartment Communities in Glencoe We Think You'll Love

Town's Edge Estates

Town's Edge Estates

1710 Newton Ave N,
Glencoe, MN 55336

1-3 Beds | $885 - $1,175

Autumn Glen Apartments

Autumn Glen Apartments

822 W Main St W,
Arlington, MN 55307

1-2 Beds | $800 - $950

Midway Apartments

Midway Apartments

122 4th Ave S,
Brownton, MN 55312

1-2 Beds | $825 - $857

Highfield Apartments

Highfield Apartments

96 Denver Ave SE,
Hutchinson, MN 55350

1-3 Beds | $1,020 - $1,540

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Frequently Asked Questions

What is the average rent in Glencoe?

The average rent in Glencoe is $992 per month, which is 40.3% lower than the national average of $1,663.

Are rents going up or down in Glencoe?

Rents in Glencoe, MN are increasing, with prices up 5.8% year-over-year and $58 more per month.

What rent range is most common in Glencoe?

In Glencoe, MN, 67% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.

United States Minnesota Glencoe 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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Equal Housing Opportunity