Average Rent in Mille Lacs County, MN↓ Rents falling 3.1% YoY🔺 9th priciest in MN

Mille Lacs County, MN has rental prices ranging from $830/month to $1,840/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $835/month — 40% below the national average of $1,400/month. With a median household income of $71,455/year, spending $835/month on a 1-bedroom represents 14% of gross income — within the recommended 30% threshold.

How Mille Lacs County Compares

With an average 2-bedroom rent of $1,096/month, Mille Lacs County ranks #9 most expensive of the 75 cities tracked in Minnesota — pricier than 75% of all US cities in our data.

The Mille Lacs County Rental Market

The Mille Lacs County, MN area has a population of about 26,912 and 22% 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 Mille Lacs County, MN have fallen by $35/month (3.1%) over the past year, from $1,131 to $1,096. This slight decline is consistent with broader market corrections seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Mille Lacs County, MN without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $33,400. The local median household income of $71,455 exceeds that threshold by $38,055, making Mille Lacs County relatively accessible compared to local wages.

Economy & Jobs

Mille Lacs County, MN has an unemployment rate of 5.7%, 1.8 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 Mille Lacs County, MN Affordable?

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

Rent or Buy in Mille Lacs County?

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

Living in Mille Lacs County

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