North Branch, MN Rental Market Trends
Last updated: April 07, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in North Branch is $1,044, a 1.58% increase compared to the previous year, when the average rent was $1,028.
One-bedroom apartments provide 594 square feet for $1,000, balancing privacy and affordability.
Two-beedroom units at $1,045 offer 851 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,119 sq ft) for $1,282, suitable for larger households.
Average rent in North Branch, MN
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,044 | 772 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,000 | 594 sq. ft. |
| 2 Beds | $1,045 | 851 sq. ft. |
| 3 Beds | $1,282 | 1,119 sq. ft. |
North Branch, MN rent trends
Rental prices in North Branch, MN have increased by 1.58% over the past year. The average rent moved from $1,028 to $1,044.
What's the typical rent budget in North Branch, MN?
The largest share of rentals in North Branch, MN (63%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in North Branch, MN?
845 or 18% of the households in North Branch, MN are renter-occupied while 3,864 or 82% are owner-occupied.
How North Branch Compares to Other Cities
| City | Average Rent |
|---|---|
| North Branch | $1,044 |
| Minneapolis | $1,689 |
| St. Paul | $1,528 |
| Moorhead | $1,078 |
| Rochester | $1,648 |
| St. Louis Park | $1,767 |
| Bloomington | $1,673 |
| Edina | $1,839 |
| St. Cloud | $1,182 |
| Minnetonka | $2,001 |
| Burnsville | $1,551 |
| Coon Rapids | $1,518 |
| Anoka | $1,378 |
| Cambridge, MN | $1,538 |
| Blaine, MN | $1,666 |
| Forest Lake, MN | $1,507 |
| Shoreview, MN | $1,715 |
| White Bear Lake, MN | $1,555 |
| Elk River, MN | $1,537 |
| Champlin, MN | $1,898 |
| Isanti, MN | $1,348 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all North Branch apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.