Rentometer, Inc. | Data as of 10/23/2025
Waite Park, a vibrant city nestled in central Minnesota, offers a blend of small‑town charm and convenient access to the Twin Cities. Surrounded by lush parks, the iconic Lakewood Mall, and the scenic Leech Lake Regional Trail, residents enjoy year‑round outdoor recreation and a thriving local culture. The community’s friendly atmosphere is supported by quality schools, diverse dining options, and easy highway connections that make commuting simple and stress‑free.
The rental market in Waite Park features a balanced mix of single‑family homes and modern apartment communities, catering to both individuals and families. One‑bedroom apartments typically fall in the $900s, with median rents just under $900, while two‑bedroom units are commonly found in the $1,100 range, reflecting both average and median figures that suggest strong value for space. Larger three‑bedroom apartments trend toward the $1,400s, offering spacious living for growing households. This variety ensures that renters can find a comfortable home that fits their lifestyle and budget without compromising on quality.
Prospective tenants will appreciate Waite Park’s convenient amenities, including nearby shopping centers, recreational facilities, and a close-knit neighborhood vibe that encourages community engagement. With a stable Minnesota rental market and a range of housing choices, Waite Park stands out as an attractive destination for those seeking affordable, well‑located living in a welcoming city environment.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $939 | $895 | $784 - $1,300 | $835 - $955 |
| Apartment | 2 Bedroom | $1,101 | $1,099 | $825 - $1,550 | $900 - $1,190 |
| Apartment | 3 Bedroom | $1,426 | $1,440 | $1,228 - $1,662 | $1,285 - $1,507 |
In the current period, the average rent in Waite Park was $940 for 1 Bedroom, $1,111 for 2 Bedroom, and $1,426 for 3 Bedroom.
Data provided by Rentometer, Inc.