Independence, MN rental market

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Last updated August 6, 2025

Rental market summary

The average rent for all bedrooms and all property types in Independence, MN is $3,199.

Average rent

$3,199

Month-over-month change

+$3,199

Year-over-year change

+$3,199

Available rentals

2

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $3,199 to $4,995.

Rent frequencies
Rent priceNumber of rental properties
$3,1001
$4,900+1

Average rent price over time

In the last year, rent has increased by $3,199 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Mar$2,100$1,200
May$2,100$3,199
Jun$2,600No data
Jul$2,600No data
Sep$2,875No data
Oct$1,175No data
Nov$1,995No data

Market temperature

The Independence, MN rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Independence, MN is 52% higher than the national average.

Independence, MNvs.

$3,199

$2,100

Rent in Independence, MN

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Frequently asked questions

1. What is the average rent in Independence, MN?

The average rent in Independence, MN is $3,199.

2. How much does it cost to rent a house in Independence, MN?

Houses in Independence, MN rent between $3,199 - $4,995 with an average rent of $3,199.

3. How has the rent in Independence, MN changed in the last year?

In the last year, the rent in Independence, MN increased by $3,199

4. How much has the rent in Independence, MN increased/decreased in the last month?

In the last month, the rent in Independence, MN increased by $3,199

5. How many available rentals are there in Independence, MN?

There are currently 2 rentals available in Independence, MN.

6. How do rent prices in Independence, MN compare with the national average?

The average rent in Independence, MN is $3,199 — 52.33% higher the national average of $2,100.