Bedroom count

Property type

Last updated on September 18, 2025

Average rent in
Lake City, MN

Last updated on September 18, 2025

Last updated on September 18, 2025

Bedroom count

Property type

Rent price trends

Rent prices for all bedroom counts and property types in Lake City, MN have remained the same in the last month and have decreased by 46% in the last year.

We analyze our inventory and calculate this information on a 30-day rolling basis.

Rent price summary for
Lake City, MN

As of September 2025, the median rent for all bedroom counts and property types in Lake City, MN is $1,349. This is -32% lower than the national average.

$1.81

average price per square foot

Median rent

$1,349

decreased by46%
over the previous yearvs previous year

Total rentals

12

for rent on Zumper.com

As of September 2025, the median rent for all bedroom counts and property types in Lake City, MN is $1,349. This is -32% lower than the national average.

$1.81

average price per square foot

Rent ranges

7%
64%
21%
7%
$0-$750$0 - $750
$751-$1,500$751 - $1,500
$1,501-$2,250$1,501 - $2,250
$2,251-$3,000$2,251 - $3,000

Households

70%
30%
Owner-occupied
Renter-occupied

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Lake City, MN, in the last 30 days, rent estimates may not represent the actual market.

Rent comparables in
Lake City, MN

The monthly rent for an apartment in Lake City, MN is $1,525. A 1-bedroom apartment in Lake City, MN costs about $1,310 on average, while a 2-bedroom apartment is $1,700. Houses for rent in Lake City, MN are more expensive, with an average monthly cost of $2,487.

Comparables

1 bedroom

$1,310

-

-

2 bedroom

$1,925

20%

-

3 bedroom

$1,500

No Change

-

Studio

$1,110

-

-

Studio

Average rent

$1,110

1 bedroom

Average rent

$1,310

2 bedroom

Average rent

$1,925

Last 30 days

20%

3 bedroom

Average rent

$1,500

Last 30 days

No Change

The table above reflects average rent prices in Lake City, 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.

Compare rent prices in Lake City, MN to other cities

Median rent prices in Lake City, MN for all bedroom counts and property types compared to Altoona, WI.

Lake City

Median rent price$1,349
decreased by32%

lower than the national median

Median rent price$1,395
decreased by29%

lower than the national median

Takeaway

The median rent for all rentals in Lake City, MN is 3% lower than the median rent in Altoona, WI.

More data insights and reports

View the National Rent Report

National Rent Report

View the Canadian Rent Report

Canadian Rent Report

View the Annual Rent Report

Annual Rent Report

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

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Discover rentals in Lake City, MN

213 N Park St #1 - Photo 1 of 1

5d+ ago

Condo for rent in Lake City

Lake City, 213 Park Street, Unit 1- Lake Pepin View

213 N Park St #1, Lake City, MN 55041

3 beds

2 baths

$2,000

Condo for rent

Available Sep 1