Sleepy Eye Apartments Homes
301 12th Ave SE,
Sleepy Eye, MN 56085
1-3 Beds | $1,000 - $1,620
Rental Market Trends in Sleepy Eye, MN
Updated September 2026
The average rent in Sleepy Eye, MN is $1,022/month.
Rent in Sleepy Eye is 39% lower than the national average rent of $1,665/month, making this one of the less expensive cities statewide.
$1,022/month
Average Rent
691 Sq Ft
Average Size
0%
Change / Year
7
Available Apartments
Sleepy Eye rent varies by unit size and layout:
- Studio apartments in Sleepy Eye average per month.
- One-bedroom apartments in Sleepy Eye average $1,022 per month.
- Two-bedroom apartments in Sleepy Eye average $1,295 per month.
- Three-bedroom apartments in Sleepy Eye average $1,620 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Sleepy Eye, MN?
Rents have remained stable over the past year, with little overall movement.
Market Trends Over Time
September 2026
2025
2026
Rent Ranges in Sleepy Eye, MN
September 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
100%
$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 Sleepy Eye, MN?
Because the average rent in Sleepy Eye is $1,022, you’ll want to make about $3,406 per month or $40,872 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.
How does Sleepy Eye, MN compare to other nearby cities and neighborhoods?
Use the tool below to compare Sleepy Eye, 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.
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
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Frequently Asked Questions
What is the average rent in Sleepy Eye?
The average rent in Sleepy Eye is $1,022 per month, which is 38.6% lower than the national average of $1,665.
Are rents going up or down in Sleepy Eye?
Rents in Sleepy Eye, MN are relatively stable, with minimal month-over-month change.
What rent range is most common in Sleepy Eye?
In Sleepy Eye, MN, 100% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.
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.