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Rental Market Trends in Northfield, MN

Updated September 2026

The average rent in Northfield, MN is $1,163/month.

Rent in Northfield is 30% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.

$1,163/month

Average Rent

615 Sq Ft

Average Size

+3.9%

Change / Year

43

Available Apartments

Northfield rent varies by unit size and layout:

  • Studio apartments in Northfield average $1,093 per month.
  • One-bedroom apartments in Northfield average $1,163 per month.
  • Two-bedroom apartments in Northfield average $1,256 per month.
  • Three-bedroom apartments in Northfield average $1,616 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,093/month
461 Sq Ft
One Bedroom
$1,163/month
615 Sq Ft
Two Bedroom
$1,256/month
902 Sq Ft
Three Bedroom
$1,616/month
1,391 Sq Ft
View Northfield Apartments

How much has average rent changed in Northfield, MN?

In the past year, rent has increased by 3.9%, which averages out to $46 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Northfield, MN

September 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Northfield, MN
Percentage*
Rent Range
0% Below $700/month
38% $700 - $1,000/month
44% $1,001 - $1,500/month
19% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Northfield is $1,163, you’ll want to make about $3,876 per month or $46,512 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

Northfield, MN

43 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Northfield, 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 Northfield Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Dundas

    Dundas

    Avg Rent: $1,611/month

  • Elko New Market

    Elko New Market

    Avg Rent: $1,451/month

  • Faribault

    Faribault

    Avg Rent: $1,101/month

  • Farmington

    Farmington

    Avg Rent: $1,384/month

  • Cannon Falls

    Cannon Falls

    Avg Rent: $1,155/month

  • Lakeville

    Lakeville

    Avg Rent: $1,574/month

Apartment Communities in Northfield We Think You'll Love

Dundas Apartments

Dundas Apartments

80 West Ave W,
Dundas, MN 55019

2 Beds | $1,700 - $2,000

Mosaic Apartments

Mosaic Apartments

1400 Heritage Dr,
Northfield, MN 55057

Studio - 3 Beds | $1,400 - $2,250

Maple Trails Apartments

Maple Trails Apartments

2005 Jefferson Rd,
Northfield, MN 55057

2-3 Beds | $1,420 - $1,700

Timberfield Apartments

Timberfield Apartments

2411-2431 Jefferson Rd,
Northfield, MN 55057

Studio - 2 Beds | $1,260 - $1,615

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Frequently Asked Questions

What is the average rent in Northfield?

The average rent in Northfield is $1,163 per month, which is 30.2% lower than the national average of $1,665.

Are rents going up or down in Northfield?

Rents in Northfield, MN are increasing, with prices up 3.9% year-over-year and $46 more per month.

What rent range is most common in Northfield?

In Northfield, MN, 44% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

United States Minnesota Northfield 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 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.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity