Average Rent in Itasca County, MN↓ Rents falling 4.9% YoY
HUD FY2025 · Official government data · Updated annually · Metro pop. 45,141
Market Overview
Itasca County, MN has rental prices ranging from $747/month to $1,392/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $794/month — 43% below the national average of $1,400/month. With a median household income of $66,380/year, spending $794/month on a 1-bedroom represents 14% of gross income — within the recommended 30% threshold.
How Itasca County Compares
With an average 2-bedroom rent of $1,007/month, Itasca County ranks #21 most expensive of the 75 cities tracked in Minnesota — pricier than 66% of all US cities in our data.
The Itasca County Rental Market
The Itasca County, MN area has a population of about 45,141 and 18% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.
Rent Trends
2-bedroom rents in Itasca County, MN have fallen by $52/month (4.9%) over the past year, from $1,059 to $1,007. This slight decline is consistent with broader market corrections seen across US rental markets.
Affordability
To afford a 1-bedroom apartment in Itasca County, MN without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $31,760. The local median household income of $66,380 exceeds that threshold by $34,620, making Itasca County relatively accessible compared to local wages.
Economy & Jobs
Itasca County, MN has an unemployment rate of 6.1%, 2.2 percentage points above the national average of 3.9%. A higher unemployment rate can moderate rental demand over time, which may help keep rent growth in check compared to tighter job markets.
Fair Market Rents
HUD FY2025Is Itasca County, MN Affordable?
Income needed to rent or buy, price history, and how this city compares to nearby metros.
Affordability Index(30% income rule)
Nearby Cities in MNlargest metros in the state
| City | Studio | 1BR | 2BR | 3BR | Home Value |
|---|---|---|---|---|---|
| Minneapolis | $1,220 | $1,381 | $1,685 | $2,244 | — |
| Duluth | $782 | $896 | $1,140 | $1,538 | — |
| Lake County | $848 | $942 | $1,236 | $1,489 | — |
| Fargo | $694 | $836 | $1,012 | $1,418 | — |
| Rochester | $989 | $1,101 | $1,341 | $1,879 | — |
| St. Cloud | $856 | $883 | $1,151 | $1,510 | — |
Rent or Buy in Itasca County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Itasca County data
Buying breaks even after 4 years — worth it if you stay 4+ years.
Living in Itasca County
Cost of living, job market, crime rates, and moving cost estimates.
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Frequently Asked Questions
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💵Rent Affordability in Itasca CountySalary needed to afford rent here
🗺️All Cities in MNSee how Itasca County ranks statewide
⚖️Compare Itasca CountySide-by-side rent & cost of living with any city
📋MN Tenant RightsDeposit limits, eviction laws & renters protections