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Rental Market Trends in Milaca, MN

What is the average rent in Milaca, MN?

$667/month

Average Rent

624 Sq Ft

Average Apartment Size

+3.9%

Increase in the Last Year

As of May 2025, the average rent in Milaca, MN is $667 per month. This is 59% lower than the national average rent of $1,625/month, making renting in Milaca more affordable than most cities in the US. When you rent an apartment in Milaca, you can expect to pay about per month for a studio, $667 for a one-bedroom apartment, and around $752 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $953 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$667/month
624 Sq Ft
Two Bedroom
$752/month
894 Sq Ft
Three Bedroom
$953/month
1,185 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 Milaca, MN?

In the past year, rent has increased by 3.9%, 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 May 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Milaca, MN
Last Updated May 2025
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Milaca, MN
Percentage*
Rent Range
33% Below $700/month
67% $700 - $1,000/month
0% $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 Milaca, MN?

Because the average rent in Milaca is $667, you’ll want to make about $2,223 per month or $26,676 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

Milaca, MN

14 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Milaca, 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

Apartment communities in Milaca we think you'll love

Milaca Apartments

Milaca Apartments

215-225 5th St NE,
Milaca, MN 56353

2 Beds | $880 - $920

Milaca Park Apartments

Milaca Park Apartments

240 2nd Ave SE,
Milaca, MN 56353

1-3 Beds | Call for Rent

Meadow Creek Village

Meadow Creek Village

160-170 Main St,
Foley, MN 56329

1-2 Beds | $913 - $1,075

Princeton Residential Suites

Princeton Residential Suites

107 19th Ave S,
Princeton, MN 55371

Studio - 2 Beds | $1,125 - $2,030

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United States Minnesota Milaca 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 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity