Compass II
600 30th Ave S,
Moorhead, MN 56560
Studio - 1 Bed | $995 - $1,245
Rental Market Trends in Moorhead, MN
What is the average rent in Moorhead, MN?
$838/month
Average Rent
640 Sq Ft
Average Apartment Size
+2.7%
Increase in the Last Year
As of December 2024, the average rent in Moorhead, MN is $838 per month. This is 46% lower than the national average rent of $1,560/month, making renting in Moorhead more affordable than most cities in the US. When you rent an apartment in Moorhead, you can expect to pay about $771 per month for a studio, $838 for a one-bedroom apartment, and around $1,022 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,315 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Moorhead, MN?
In the past year, rent has increased by 2.7%, which averages out to $23 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2024
Legend
2023
2024
Rent Ranges in Moorhead, MN
Last Updated December 2024
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
33%
Below $700/month
27%
$700 - $1,000/month
37%
$1,001 - $1,500/month
3%
$1,501 - $2,000/month
0%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Moorhead?
Based on current rent prices, Downtown Moorhead is the most affordable neighborhood in Moorhead.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Moorhead?
Based on current rent prices, Downtown Moorhead is the most expensive neighborhood in Moorhead.
Neighborhood
Average Rent
Average Sq Ft
Which Moorhead neighborhoods have the most rentals available?
The neighborhood in Moorhead with the most apartments available is Downtown Moorhead .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Moorhead, MN?
Because the average rent in Moorhead is $838, you’ll want to make about $2,793 per month or $33,516 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Moorhead, MN compare to other nearby cities and neighborhoods?
Use the tool below to compare Moorhead, MN to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$565/month
$565/month
One Bedroom
$790/month
$790/month
Two Bedroom
$904/month
$904/month
Three Bedroom
$1,118/month
$1,118/month
Nearby City Rent Trends
Apartment communities in Moorhead we think you'll love
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35
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Essence Property Management, Inc.
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14
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589
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12
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Buchholz Properties
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10
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7
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Property Resources Group
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.