Hermantown, MN rental market
What is the average rent in Hermantown, MN?
Last updated June 26, 2026
Rental market summary
The average rent for all bedrooms and all property types in Hermantown, MN is $1,864.
Average rent
$1,864
Month-over-month change
-$171
Year-over-year change
-$386
Available rentals
3
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $1,800 to $3,200.
| Rent price | Number of rental properties |
|---|---|
| $1,700 | 1 |
| $1,800 | 2 |
| $3,100 | 1 |
| $3,200+ | 1 |
Average rent price over time
In the last year, rent has decreased by $386 compared to the previous year.
| Last year (2025) | This year (2026) | |
|---|---|---|
| Jan | $850 | $1,800 |
| Mar | $3,000 | $1,750 |
| Apr | $1,700 | $2,267 |
| May | $3,000 | $3,200 |
| Jun | $2,600 | $3,795 |
| Jul | $2,250 | $1,980 |
| Aug | $3,200 | No data |
| Sep | $1,918 | No data |
| Oct | $1,934 | No data |
| Nov | $1,891 | No data |
| Dec | $1,926 | No data |
Market temperature
The Hermantown, MN rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Hermantown, MN is 7% lower than the national average.
$1,864
$2,013
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Frequently asked questions
1. What is the average rent in Hermantown, MN?
2. What is the average rent for a two-bedroom apartment in Hermantown, MN?
3. What is the average rent for a three-bedroom apartment in Hermantown, MN?
4. How much does it cost to rent a house in Hermantown, MN?
5. How has the rent in Hermantown, MN changed in the last year?
6. How much has the rent in Hermantown, MN increased/decreased in the last month?
7. How many available rentals are there in Hermantown, MN?
8. How do rent prices in Hermantown, MN compare with the national average?
