Average Rent in Pine County, MN↓ Rents falling 7.8% YoY
HUD FY2025 · Official government data · Updated annually · Metro pop. 29,411
Market Overview
Pine County, MN has rental prices ranging from $800/month to $1,401/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $806/month — 42% below the national average of $1,400/month. With a median household income of $69,666/year, spending $806/month on a 1-bedroom represents 14% of gross income — within the recommended 30% threshold.
How Pine County Compares
With an average 2-bedroom rent of $1,057/month, Pine County ranks #13 most expensive of the 75 cities tracked in Minnesota — pricier than 71% of all US cities in our data.
The Pine County Rental Market
The Pine County, MN area has a population of about 29,411 and 17% 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 Pine County, MN have fallen by $89/month (7.8%) over the past year, from $1,146 to $1,057. This slight decline is consistent with broader market corrections seen across US rental markets.
Affordability
To afford a 1-bedroom apartment in Pine County, MN without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $32,240. The local median household income of $69,666 exceeds that threshold by $37,426, making Pine County relatively accessible compared to local wages.
Economy & Jobs
Pine County, MN has an unemployment rate of 6.5%, 2.6 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 Pine 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 Pine County?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Pine County data
Buying breaks even after 3 years — worth it if you stay 3+ years.
Living in Pine 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 Pine CountySalary needed to afford rent here
🗺️All Cities in MNSee how Pine County ranks statewide
⚖️Compare Pine CountySide-by-side rent & cost of living with any city
📋MN Tenant RightsDeposit limits, eviction laws & renters protections