• Renter Tools
    • Favorites
    • Saved Searches
  • Manage Rentals
  • Apartments For Rent
  • Houses For Rent
  • Condos For Rent
  • Townhomes For Rent
  • Help Center
  • Area Guide
  • Rent Calculator

Language

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

Rental Market Trends in Hastings, MN

What is the average rent in Hastings, MN?

$1,257/month

Average Rent

703 Sq Ft

Average Apartment Size

+2%

Increase in the Last Year

As of April 2026, the average rent in Hastings, MN is $1,257 per month. This is 23% lower than the national average rent of $1,641/month, making renting in Hastings more affordable than most cities in the US. When you rent an apartment in Hastings, you can expect to pay about $1,181 per month for a studio, $1,257 for a one-bedroom apartment, and around $1,427 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,789 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,181/month
435 Sq Ft
One Bedroom
$1,257/month
703 Sq Ft
Two Bedroom
$1,427/month
909 Sq Ft
Three Bedroom
$1,789/month
1,254 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 Hastings, MN?

In the past year, rent has increased by 2%, which averages out to $26 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 April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Hastings, MN
Last Updated April 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Hastings, MN
Percentage*
Rent Range
7% Below $700/month
13% $700 - $1,000/month
40% $1,001 - $1,500/month
33% $1,501 - $2,000/month
7% Above $2,000/month

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

Because the average rent in Hastings is $1,257, you’ll want to make about $4,190 per month or $50,280 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

Hastings, MN

66 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Hastings, 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 Hastings, MN

Apartment Averages

Nearby City Rent Trends

  • Cottage Grove Average Rent
  • Rosemount Average Rent
  • Inver Grove Heights Average Rent

Apartment communities in Hastings we think you'll love

Current 33

Current 33

325 33rd St W,
Hastings, MN 55033

$1,325 - $2,010 Plus Fees

Studio - 2 Beds

Lake Isabel Flats

Lake Isabel Flats

412 3rd St E,
Hastings, MN 55033

$1,355 - $2,256 Total Monthly Price

Studio - 2 Beds | 12 Month Lease

The Quill 55+ Apartments

The Quill 55+ Apartments

211 10th St E,
Hastings, MN 55033

$1,157 - $1,684 Plus Fees

1-2 Beds

Voyageur Estates

Voyageur Estates

2400 Voyageur Pky,
Hastings, MN 55033

$1,200 - $2,250 Plus Fees

Studio - 3 Beds

Learn More with Helpful Articles

The Benefits of Renters Insurance

Better safe than sorry! Protect yourself(and your stuff) with renters insurance.

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

Go the distance and find your new home.

How to Choose an Apartment Community You’ll Love

Avoid renter's remorse - know what to look for in your next apartment.

How Much Should I Spend on Rent?

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

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 Hastings 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.

  • About Us
  • Advertise
  • Legal Notices
  • Privacy Notice
  • Avoid Scams
  • Accessibility
  • Blog
  • Newest Listings
  • Sitemap
apartments.com
© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity