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Rental Market Trends in North Branch, MN

Updated July 2026

The average rent in North Branch, MN is $1,144/month.

Rent in North Branch is 31% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$1,144/month

Average Rent

564 Sq Ft

Average Size

+5.1%

Change / Year

10

Available Apartments

North Branch rent varies by unit size and layout:

  • Studio apartments in North Branch average $1,099 per month.
  • One-bedroom apartments in North Branch average $1,144 per month.
  • Two-bedroom apartments in North Branch average $1,446 per month.
  • Three-bedroom apartments in North Branch average $1,540 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,099/month
527 Sq Ft
One Bedroom
$1,144/month
564 Sq Ft
Two Bedroom
$1,446/month
947 Sq Ft
Three Bedroom
$1,540/month
1,243 Sq Ft
View North Branch Apartments

How much has average rent changed in North Branch, MN?

In the past year, rent has increased by 5.1%, which averages out to $59 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in North Branch, MN

July 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in North Branch, MN
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
67% $1,001 - $1,500/month
33% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in North Branch is $1,144, you’ll want to make about $3,813 per month or $45,756 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

North Branch, MN

10 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare North Branch, 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 North Branch Area Guide

Apartment Averages

Apartment Communities in North Branch We Think You'll Love

Ashwood Birchwood Apartments

Ashwood Birchwood Apartments

6495 Ash St,
North Branch, MN 55056

1-2 Beds | $1,350 - $1,600

Falcon Apartments

Falcon Apartments

5385 385th St,
North Branch, MN 55056

1-2 Beds | $1,325 - $1,550

36014 Falcon Way

36014 Falcon Way

36014 Falcon Way,
North Branch, MN 55056

1 Bed | $2,250

29667 North Ct

29667 North Ct

29667 North Ct,
Chisago City, MN 55013

3 Beds | $1,995

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Frequently Asked Questions

What is the average rent in North Branch?

The average rent in North Branch is $1,144 per month, which is 31.2% lower than the national average of $1,663.

Are rents going up or down in North Branch?

Rents in North Branch, MN are increasing, with prices up 5.1% year-over-year and $59 more per month.

What rent range is most common in North Branch?

In North Branch, MN, 67% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

United States Minnesota North Branch 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

© 2026 CoStar Group, Inc.

Equal Housing Opportunity