Rentometer, Inc. | Data as of 10/23/2025
Lauderdale, Minnesota offers a vibrant rental market that balances small‑city charm with easy access to larger metropolitan amenities. Prospective renters will find a mix of modern apartments and classic single‑family homes, making the city an attractive option for young professionals, families, and retirees alike. The downtown corridor is known for its walkable streets, boutique shops, and a variety of dining experiences, while nearby lakefront parks provide year‑round recreation for outdoor enthusiasts.
Apartment living dominates the rental scene, with one‑bedroom units typically priced in the $1200s and two‑bedroom options appearing in the $1500s, reflecting a healthy demand for comfortable, well‑maintained spaces. Many of these units feature contemporary finishes, on‑site laundry, and convenient proximity to public transit routes that connect commuters to the greater Twin Cities area. For those seeking more space, the limited supply of houses offers larger floor plans and private yards, appealing to renters who value a suburban feel within city limits.
Key neighborhoods such as Riverbend, Oakwood, and the historic Main Street district each bring their own character, from tree‑lined streets and historic architecture to newer developments with community amenities like pools and fitness centers. With reputable schools, cultural venues, and easy access to major highways, Lauderdale’s rental market remains both dynamic and welcoming, providing a range of housing choices that cater to diverse lifestyles and budgets.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,230 | $1,150 | $1,015 - $1,525 | $1,095 - $1,405 |
| Apartment | 2 Bedroom | $1,503 | $1,450 | $1,250 - $1,849 | $1,285 - $1,700 |
In the current period, the average rent in Lauderdale was
$1,230 for 1 Bedroom,
$1,573 for 2 Bedroom, and
$2,399 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.