Lake City, MN rental market
What is the average rent in Lake City, MN?
Last updated July 3, 2026
Rental market summary
The average rent for all bedrooms and all property types in Lake City, MN is $919.
Average rent
$919
Month-over-month change
+$124
Year-over-year change
-$76
Available rentals
7
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $200 to $3,000.
| Rent price | Number of rental properties |
|---|---|
| $0 | 1 |
| $700 | 1 |
| $800 | 1 |
| $900 | 1 |
| $2,000 | 1 |
| $2,100 | 2 |
| $2,200 | 1 |
| $2,900 | 1 |
| $3,000+ | 1 |
Average rent price over time
In the last year, rent has decreased by $76 compared to the previous year.
| Last year (2025) | This year (2026) | |
|---|---|---|
| Jan | $925 | $700 |
| Feb | $900 | $795 |
| Apr | $200 | $795 |
| May | $200 | $950 |
| Jun | $795 | $825 |
| Jul | $995 | $795 |
| Aug | $995 | $825 |
| Sep | $1,475 | No data |
| Oct | $795 | No data |
| Nov | $795 | No data |
| Dec | $700 | No data |
Market temperature
The Lake City, 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 Lake City, MN is 54% lower than the national average.
$919
$2,014
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Frequently asked questions
1. What is the average rent in Lake City, MN?
2. What is the average rent for a one-bedroom apartment in Lake City, MN?
3. What is the average rent for a two-bedroom apartment in Lake City, MN?
4. What is the average rent for a three-bedroom apartment in Lake City, MN?
5. What is the average rent for a four-bedroom apartment in Lake City, MN?
6. How much does it cost to rent a house in Lake City, MN?
7. How has the rent in Lake City, MN changed in the last year?
8. How much has the rent in Lake City, MN increased/decreased in the last month?
9. How many available rentals are there in Lake City, MN?
10. How do rent prices in Lake City, MN compare with the national average?
