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Rental Market Trends in Stillwater, MN

Updated July 2026

The average rent in Stillwater, MN is $1,508/month.

Rent in Stillwater is roughly equal to the national average rent of of $1,663/month.

$1,508/month

Average Rent

765 Sq Ft

Average Size

+1.7%

Change / Year

61

Available Apartments

Stillwater rent varies by unit size and layout:

  • Studio apartments in Stillwater average $1,775 per month.
  • One-bedroom apartments in Stillwater average $1,508 per month.
  • Two-bedroom apartments in Stillwater average $1,564 per month.
  • Three-bedroom apartments in Stillwater average $1,987 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,775/month
563 Sq Ft
One Bedroom
$1,508/month
765 Sq Ft
Two Bedroom
$1,564/month
926 Sq Ft
Three Bedroom
$1,987/month
1,273 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Four Bedroom
$4,948/month
4,136 Sq Ft
View Stillwater Apartments

How much has average rent changed in Stillwater, MN?

In the past year, rent has increased by 1.7%, which averages out to $26 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Stillwater, MN

July 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Stillwater, MN
Percentage*
Rent Range
0% Below $700/month
11% $700 - $1,000/month
33% $1,001 - $1,500/month
44% $1,501 - $2,000/month
11% Above $2,000/month

Rent by Neighborhood

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Stillwater?

Based on current rent prices, Washington Far Eastern Suburbs is the most affordable neighborhood in Stillwater.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Washington Far Eastern Suburbs
$1,465/month
757 Sq Ft

What are the most expensive neighborhoods in Stillwater?

Based on current rent prices, Washington Far Eastern Suburbs is the most expensive neighborhood in Stillwater.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Washington Far Eastern Suburbs
$1,465/month
757 Sq Ft

Which Stillwater neighborhoods have the most rentals available?

The neighborhood in Stillwater with the most apartments available is Washington Far Eastern Suburbs .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Washington Far Eastern Suburbs
$1,465/month
757 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 $1,508, you’ll want to make about $5,026 per month or $60,312 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

61 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.

View the Stillwater Area Guide

Apartment Averages

Washington Far Eastern Suburbs

Stillwater, MN

Washington Far Eastern Suburbs

Stillwater, MN

Studio
$1,305/month
$1,305/month
One Bedroom
$1,440/month
$1,440/month
Two Bedroom
$1,743/month
$1,743/month
Three Bedroom
$2,087/month
$2,087/month
View Rentals
View Rentals

Compare Rent Trends Nearby

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

  • Lake Elmo

    Lake Elmo

Apartment Communities in Stillwater We Think You'll Love

Cottages of Stillwater

Cottages of Stillwater

2204-2358 Cottage Dr,
Stillwater, MN 55082

1-2 Beds | $1,686

Garley Farm

Garley Farm

11140 Otchipwe Ave N,
Stillwater, MN 55082

4 Beds | $2,500

Curve Crest Villas

Curve Crest Villas

2225 Orleans St W,
Stillwater, MN 55082

1-3 Beds | $1,479 - $2,065

Oak Park Heights Apartments

Oak Park Heights Apartments

6120 Oxboro Ave N,
Stillwater, MN 55082

1-2 Beds | $1,150 - $1,300

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Frequently Asked Questions

What is the average rent in Stillwater?

The average rent in Stillwater is $1,508 per month, which is 9.3% lower than the national average of $1,663.

Are rents going up or down in Stillwater?

Rents in Stillwater, MN are increasing, with prices up 1.7% year-over-year and $26 more per month.

What rent range is most common in Stillwater?

In Stillwater, MN, 44% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.

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 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

© 2026 CoStar Group, Inc.

Equal Housing Opportunity