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Rental Market Trends in Pine City, MN

Updated September 2026

The average rent in Pine City, MN is $971/month.

Rent in Pine City is 42% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.

$971/month

Average Rent

721 Sq Ft

Average Size

+1.8%

Change / Year

5

Available Apartments

Pine City rent varies by unit size and layout:

  • Studio apartments in Pine City average $1,100 per month.
  • One-bedroom apartments in Pine City average $971 per month.
  • Two-bedroom apartments in Pine City average $1,101 per month.
  • Three-bedroom apartments in Pine City average $1,663 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,100/month
700 Sq Ft
One Bedroom
$971/month
721 Sq Ft
Two Bedroom
$1,101/month
986 Sq Ft
Three Bedroom
$1,663/month
1,404 Sq Ft
View Pine City Apartments

How much has average rent changed in Pine City, MN?

In the past year, rent has increased by 1.8%, which averages out to $17 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Pine City, MN

September 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Pine City, MN
Percentage*
Rent Range
0% Below $700/month
33% $700 - $1,000/month
33% $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 Pine City, MN?

Because the average rent in Pine City is $971, you’ll want to make about $3,236 per month or $38,832 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

Pine City, MN

5 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Pine City, 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

Compare Rent Trends Nearby

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

  • Rush City

    Rush City

    Avg Rent: $950/month

Apartment Communities in Pine City We Think You'll Love

Cross Lake Estates - Furnished Rentals

Cross Lake Estates - Furnished Rentals

112 7th Ave SE,
Pine City, MN 55063

2-3 Beds | $1,600 - $1,995

Northridge Apartments

Northridge Apartments

615 North Ridge Dr,
Pine City, MN 55063

1-3 Beds | $960

125 2nd Ave SE

125 2nd Ave SE

125 2nd Ave SE,
Pine City, MN 55063

2 Beds | $1,300

502 Horseshoe Ln

502 Horseshoe Ln

502 Horseshoe Ln,
Braham, MN 55006

3 Beds | $2,399

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Frequently Asked Questions

What is the average rent in Pine City?

The average rent in Pine City is $971 per month, which is 41.7% lower than the national average of $1,665.

Are rents going up or down in Pine City?

Rents in Pine City, MN are increasing, with prices up 1.8% year-over-year and $17 more per month.

What rent range is most common in Pine City?

In Pine City, MN, 33% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.

United States Minnesota Pine City 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