Average Rent in Buffalo, MN and Rent Price Trends

Rent trends in Buffalo, MN

Average rent prices in Buffalo have increased by 3% over the last month and have decreased by 5% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in
Buffalo, MN

Rent prices in Buffalo vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Buffalo is $1,289, whereas a house costs $2,000. 1-bedroom apartments in Buffalo run $1,185 on average, while 2-bedroom apartments are $1,289.


Studio	$1,417	14%	-
1 bedroom	$1,370	8%	7%
2 bedroom	$1,450	1%	4%
3 bedroom	$1,940	No Change	10%
4 bedroom	$1,816	10%	12%


Apartments	$1,289	2%	No Change
Condos	$1,150	No Change	-
Houses	$2,000	4%	No Change

Studio

Average rent

$1,417

Last 30 days

14%

1 bedroom

Average rent

$1,370

Last 30 days

Last year

2 bedroom

Average rent

$1,450

Last 30 days

Last year

3 bedroom

Average rent

$1,940

Last 30 days

No Change

Last year

10%

4 bedroom

Average rent

$1,816

Last 30 days

10%

Last year

12%

The table above reflects average rent prices in Buffalo, MN, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Buffalo, MN compare to other cities?

Compare median rent prices in Buffalo and Albertville by all bedroom counts and property types.

Buffalo

Median rent price$1,419

27%

lower than the national median

Median rent price$1,772

lower than the national median

Takeaway

The median rent for all rentals in Buffalo, MN is 20% lower than the median rent in Albertville, MN.

Average rent in nearby cities

Explore rent trends in neighboring markets

$1,772

$1,565

$1,575

$2,295

$1,662

$1,310

$2,181

$1,433

$1,622

$2,050

$1,942

$1,815

Discover rentals in Buffalo, MN

5d+ ago

Apartment for rent in Buffalo

913 6th Ave Ne, Buffalo, MN 55313

3 beds

1 bath

$1,469

Apartment for rent

2d ago

9.7

Excellent

Verified

Kestrel Woods Townhomes

1604 Anderson Avenue, Buffalo, MN 55313

3 beds

1 bath

$1,700

Apartment for rent

Available Feb 16

5d+ ago

Townhouse for rent in Buffalo

322 Creekside Dr, Buffalo, MN 55313

3 beds

1.5 baths

$1,700

House for rent

5d+ ago

House for rent in Buffalo

(SF) Single Family - Buffalo, MN

108 2nd St S, Buffalo, MN 55313

4 beds

1 bath

$2,250

House for rent

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Frequently asked questions for Buffalo, MN

Quick answers to common questions about the Buffalo rental market.

How much is rent in Buffalo?

The average rent in Buffalo is $1,419 per month as of July 4, 2026.

Is rent up or down in Buffalo?

Average rent prices in Buffalo have increased by 3% over the last month and have decreased by 5% since last year.

How does Buffalo rent compare to the national average?

Rent in Buffalo is 27% below the national average, which means renters are paying approximately $531 less per month.

What salary do I need to afford rent in Buffalo?

To comfortably afford rent in Buffalo, you'd need to earn approximately $57,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Buffalo?

Buffalo maintains an average of 18 listings available per month, providing options for renters with pets. The data shows pet-friendly options are available in the market, though specific percentages for pet accommodation are not detailed in the current inventory information.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).