Average Rent in Murray County, MN↑ Rents rising 3.1% YoY🔻 3rd cheapest in MN

Murray County, MN has rental prices ranging from $640/month to $1,567/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $782/month — 44% below the national average of $1,400/month. With a median household income of $74,475/year, spending $782/month on a 1-bedroom represents 13% of gross income — within the recommended 30% threshold.

How Murray County Compares

With an average 2-bedroom rent of $933/month, Murray County ranks #73 most expensive of the 75 cities tracked in Minnesota — more affordable than 60% of all US cities in our data.

The Murray County Rental Market

The Murray County, MN area has a population of about 8,119 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 Murray County, MN have risen by $28/month (3.1%) over the past year, from $905 to $933. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Murray County, MN without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $31,280. The local median household income of $74,475 exceeds that threshold by $43,195, making Murray County relatively accessible compared to local wages.

Economy & Jobs

Murray County, MN has an unemployment rate of 5.2%, 1.3 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 Murray County, MN Affordable?

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

Rent or Buy in Murray County?

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

Living in Murray County

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