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Rental Market Trends in Slayton, MN

What is the average rent in Slayton, MN?

$591/month

Average Rent

680 Sq Ft

Average Apartment Size

+1%

Increase in the Last Year

Slayton, MN Rental Market Overview

The average rent in Slayton, MN is $591 per month. This is 64% lower than the national average rent of $1,645/month, making renting in Slayton more affordable than most cities in the US.

  • Studio apartments in Slayton average per month.
  • One-bedroom apartments in Slayton average $591 per month.
  • Two-bedroom apartments in Slayton average per month.
  • Three-bedroom apartments in Slayton average or more per month.

Data Updated: June 1, 2026

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$591/month
680 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 Slayton, MN?

In the past year, rent has increased by 1%, which averages out to $6 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 June 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Slayton, MN
Last Updated June 2026
Below $701
Most rental prices fall within this range
Rent Ranges in Slayton, MN
Percentage*
Rent Range
100% Below $700/month
0% $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 Slayton, MN?

Because the average rent in Slayton is $591, you’ll want to make about $1,970 per month or $23,640 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

Slayton, MN

1 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Slayton, 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 Slayton We Think You'll Love

2645 Juniper Ave

2645 Juniper Ave

2645 Juniper Ave,
Slayton, MN 56172

3 Beds | $745

270 US-59

270 US-59

270 US-59,
Fulda, MN 56131

1 Bed | $900

270 US-59

270 US-59

270 US-59,
Fulda, MN 56131

1 Bed | $900

Circle Pines Apartments

Circle Pines Apartments

102 2nd Ave W,
Balaton, MN 56115

1-2 Beds | $925 - $975

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Frequently Asked Questions

What is the average rent in Slayton?

The average rent in Slayton is $591 per month, which is 64.1% lower than the national average of $1,645.

Are rents going up or down in Slayton?

Rents in Slayton, MN are increasing, with prices up 1.0% year-over-year and $6 more per month.

What rent range is most common in Slayton?

In Slayton, MN, 100% of apartments fall below $700/month, though prices may vary depending on location and other factors.

United States Minnesota Slayton 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