Last updated on June 8, 2026

Average rent in
Waite Park, MN

Median rent

Median rent in Waite Park

$950/mo

increased by3%

vs previous year

The average rent in Waite Park is $950 per month as of June 2026. This is 51% below the national average rent, or $1,000 less per month.

$1.08

average price per square foot

Total rentals

Available rentals in Waite Park

12

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Waite Park rentals at each price point

80%60%40%20%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

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

Rent trends in Waite Park, MN

Average rent prices in Waite Park have increased by 3% over the last month and have increased by 3% 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 Waite Park, MN

Rent prices in Waite Park vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Waite Park is $875, whereas a house costs $1,975. 1-bedroom apartments in Waite Park run $815 on average, while 2-bedroom apartments are $1,000.

Listings

Studio

$995

-

-

1 bedroom

$850

1%

100%

2 bedroom

$1,010

2%

5%

3 bedroom

$1,400

No Change

-

4 bedroom

$1,395

10%

45%

Studio

Average rent

$995

1 bedroom

Average rent

$850

Last 30 days

1%

Last year

100%

2 bedroom

Average rent

$1,010

Last 30 days

2%

Last year

5%

3 bedroom

Average rent

$1,400

4 bedroom

Average rent

$1,395

Last 30 days

10%

Last year

45%

The table above reflects average rent prices in Waite Park, 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 Waite Park, MN compare to other cities?

Compare median rent prices in Waite Park and Albany by all bedroom counts and property types.

Waite Park

Median rent price$950
decreased by51%

lower than the national median

Median rent price$1,029
decreased by47%

lower than the national median

Takeaway

The median rent for all rentals in Waite Park, MN is 8% lower than the median rent in Albany, MN.

Discover rentals in Waite Park, MN

30 15th Ave N - Photo 1 of 1

2d ago

8.3

Very good

30 15th Ave N

30 15th Ave N, Waite Park, MN 56387

1–2 beds

1 bath

$825–$1,000

Apartment for rent

501 7th Street S - Photo 1 of 1

5d+ ago

8.4

Very good

501 7th Street S

501 7th St S, Waite Park, MN 56387

2 beds

1 bath

$850

Apartment for rent

320 2nd Ave S #305 - Photo 1 of 1

5d+ ago

Apartment for rent in Waite Park

Apartment for rent

Available Aug 1

242 9th Ave N #NA - Photo 1 of 1

5d+ ago

House for rent in Waite Park

$1,500 - 4 Bedroom 1 Bathroom House In Waite Park

242 9th Ave N #NA, Waite Park, MN 56387

4 beds

1 bath

$1,500

House for rent

Available May 1

Stay up to date with rental market insights

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

Frequently asked questions for Waite Park, MN

Quick answers to common questions about the Waite Park rental market.

How much is rent in Waite Park?

The average rent in Waite Park is $950 per month as of June 6, 2026.

Is rent up or down in Waite Park?

Average rent prices in Waite Park have increased by 3% over the last month and have increased by 3% since last year.

How does Waite Park rent compare to the national average?

Rent in Waite Park is 51% below the national average, which means renters are paying approximately $1,000 less per month.

What salary do I need to afford rent in Waite Park?

To comfortably afford rent in Waite Park, you'd need to earn approximately $38,000/year, based on spending no more than 30% of your income on rent.

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).

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