JACK PINE PLACE APARTMENTS
14672 Finale Ave N,
Hugo, MN 55038
1-3 Beds | $1,570 - $2,350
Rental Market Trends in Hugo, MN
Updated September 2026
The average rent in Hugo, MN is $1,547/month.
Rent in Hugo is roughly equal to the national average rent of of $1,665/month.
$1,547/month
Average Rent
780 Sq Ft
Average Size
+1.7%
Change / Year
44
Available Apartments
Hugo rent varies by unit size and layout:
- Studio apartments in Hugo average $1,408 per month.
- One-bedroom apartments in Hugo average $1,547 per month.
- Two-bedroom apartments in Hugo average $1,696 per month.
- Three-bedroom apartments in Hugo average $1,933 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Hugo, MN?
In the past year, rent has increased by 1.7%, which averages out to $27 more per month.
Market Trends Over Time
September 2026
2025
2026
Rent Ranges in Hugo, MN
September 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
50%
$1,001 - $1,500/month
25%
$1,501 - $2,000/month
25%
Above $2,000/month
Rent by Neighborhood
What are the most affordable neighborhoods in Hugo?
Based on current rent prices, Washington Far Eastern Suburbs is the most affordable neighborhood in Hugo.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Hugo?
Based on current rent prices, Washington Far Eastern Suburbs is the most expensive neighborhood in Hugo.
Neighborhood
Average Rent
Average Sq Ft
Which Hugo neighborhoods have the most rentals available?
The neighborhood in Hugo with the most apartments available is Washington Far Eastern Suburbs .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Hugo, MN?
Because the average rent in Hugo is $1,547, you’ll want to make about $5,156 per month or $61,872 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.
How does Hugo, MN compare to other nearby cities and neighborhoods?
Use the tool below to compare Hugo, 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.
Studio
$1,299/month
$1,299/month
One Bedroom
$1,430/month
$1,430/month
Two Bedroom
$1,778/month
$1,778/month
Three Bedroom
$2,187/month
$2,187/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in Hugo We Think You'll Love
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Frequently Asked Questions
What is the average rent in Hugo?
The average rent in Hugo is $1,547 per month, which is 7.1% lower than the national average of $1,665.
Are rents going up or down in Hugo?
Rents in Hugo, MN are increasing, with prices up 1.7% year-over-year and $27 more per month.
What rent range is most common in Hugo?
In Hugo, MN, 50% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.
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 September 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.