Average Rent in Itasca County, MN↑ Rents rising 8.4% YoY

Itasca County, MN has rental prices ranging from $811/month to $1,635/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $924/month — 34% below the national average of $1,400/month. With a median household income of $66,380/year, spending $924/month on a 1-bedroom represents 17% of gross income — within the recommended 30% threshold.

How Itasca County Compares

With an average 2-bedroom rent of $1,164/month, Itasca County ranks #14 most expensive of the 76 cities tracked in Minnesota — pricier than 72% 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 risen by $90/month (8.4%) over the past year, from $1,074 to $1,164. This rate of increase is significant and reflects strong rental demand and limited housing supply in the local market.

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 $36,960. The local median household income of $66,380 exceeds that threshold by $29,420, 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.

Is Itasca County, MN Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Rent or Buy in Itasca County?

Break-even analysis and mortgage estimates based on local market data.

Living in Itasca County

Cost of living, job market, crime rates, and moving cost estimates.