Rentometer, Inc. | Data as of 10/23/2025
Northfield, Minnesota, blends historic charm with a lively college-town atmosphere, making it a sought‑after destination for renters seeking both convenience and community. Nestled along the scenic Cannon River and just a short drive from the Twin Cities, the city boasts a vibrant downtown filled with boutique shops, acclaimed restaurants, and cultural landmarks such as the historic Depot and the beautiful Northfield Historical Society Museum. Proximity to Carleton College and St. Olaf College adds a youthful energy, while extensive park systems and the nearby Lake Byllesby offer ample outdoor recreation for residents.
The rental market in Northfield features a balanced mix of modern apartments and well‑maintained single‑family homes, catering to students, professionals, and families alike. Apartment options range from cozy studios to spacious two‑bedroom units, with rents typically falling within the $1300‑$1700 range, and a median of about $1400 for studio and one‑bedroom units. Many properties are conveniently situated near campus, downtown amenities, and public transit routes, providing easy access to academic, work, and leisure destinations. For those preferring a house, the limited selection offers larger floor plans and private yards, ideal for roommates or small families looking for a quieter suburban feel.
Looking ahead, Northfield’s rental landscape remains robust, supported by steady enrollment at its colleges and ongoing downtown revitalization projects. Prospective renters can enjoy a blend of historic architecture, modern conveniences, and a strong sense of community, all within a welcoming Midwestern setting. Whether you’re a student, young professional, or growing family, Northfield provides a dynamic and comfortable environment to call home.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,366 | $1,365 | $1,310 - $1,425 | $1,330 - $1,425 |
| Apartment | 1 Bedroom | $1,339 | $1,395 | $900 - $1,700 | $975 - $1,575 |
| Apartment | 2 Bedroom | $1,455 | $1,525 | $935 - $2,000 | $1,075 - $1,775 |
In the current period, the average rent in Northfield was
$1,366 for Studio,
$1,347 for 1 Bedroom, and
$1,455 for 2 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.