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Rental Market Trends in Stillwater, MN

What is the average rent in Stillwater, MN?

$1,487/month

Average Rent

766 Sq Ft

Average Apartment Size

+1.6%

Increase in the Last Year

As of January 2026, the average rent in Stillwater, MN is $1,487 per month. For comparison, the national average rent price in the US is currently $1,624/month, which means Stillwater rent prices are 8% lower than the national average. When you rent an apartment in Stillwater, you can expect to pay about $1,974 per month for a studio, $1,487 for a one-bedroom apartment, and around $1,541 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,831 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,974/month
563 Sq Ft
One Bedroom
$1,487/month
766 Sq Ft
Two Bedroom
$1,541/month
917 Sq Ft
Three Bedroom
$1,831/month
1,283 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 Stillwater, MN?

In the past year, rent has increased by 1.6%, which averages out to $24 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 January 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Stillwater, MN
Last Updated January 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Stillwater, MN
Percentage*
Rent Range
0% Below $700/month
11% $700 - $1,000/month
44% $1,001 - $1,500/month
33% $1,501 - $2,000/month
11% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Stillwater?

Based on current rent prices, Washington Far Eastern Suburbs and Downtown Stillwater" are the most affordable neighborhoods in Stillwater.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Washington Far Eastern Suburbs
$1,454/month
696 Sq Ft
Downtown Stillwater
$2,517/month
865 Sq Ft

What are the most expensive neighborhoods in Stillwater?

Based on current rent prices, Downtown Stillwater and Washington Far Eastern Suburbs" are the most expensive neighborhoods in Stillwater.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Stillwater
$2,517/month
865 Sq Ft
Washington Far Eastern Suburbs
$1,454/month
696 Sq Ft

Which Stillwater neighborhoods have the most rentals available?

The neighborhoods in Stillwater with the most apartments available are Washington Far Eastern Suburbs and Downtown Stillwater" .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Washington Far Eastern Suburbs
$1,454/month
696 Sq Ft
Downtown Stillwater
$2,517/month
865 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Stillwater is $1,487, you’ll want to make about $4,956 per month or $59,472 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

Stillwater, MN

77 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Stillwater, 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.

Explore the Area Guide for Stillwater, MN

Apartment Averages

Washington Far Eastern Suburbs

Stillwater, MN

Downtown Stillwater

Stillwater, MN

Studio
$1,297/month
$2,161/month
One Bedroom
$1,416/month
$1,870/month
Two Bedroom
$1,736/month
$1,662/month
Three Bedroom
$2,758/month
-
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Apartment communities in Stillwater we think you'll love

Stonebridge Apartments

Stonebridge Apartments

1203-1207 Owens St N,
Stillwater, MN 55082

$1,319 - $1,487 Plus Fees

2 Beds | 12 Month Lease

Brick Pond Apartments

Brick Pond Apartments

1635 Greeley St S,
Stillwater, MN 55082

Call for Rent

1-2 Beds | 12 Month Lease

Curve Crest Villas

Curve Crest Villas

2225 Orleans St W,
Stillwater, MN 55082

$1,365 - $2,065 Plus Fees

1-3 Beds

Oak Park Heights Apartments

Oak Park Heights Apartments

6120 Oxboro Ave N,
Stillwater, MN 55082

$1,150 - $1,300 Plus Fees

1-2 Beds

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United States Minnesota Stillwater 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 November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity