Waverly, MN rental market

What is the average rent in Waverly, MN?

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Last updated November 11, 2025

Rental market summary

The average rent for all bedrooms and all property types in Waverly, MN is $2,250.

Average rent

$2,250

Month-over-month change

+$250

Year-over-year change

+$2,250

Available rentals

2

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $2,250 to $3,400.

Rent frequencies
Rent priceNumber of rental properties
$2,2001
$3,3001
$3,400+1

Average rent price over time

In the last year, rent has increased by $2,250 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$2,350$3,400
Feb$2,350$1,350
Mar$2,350$1,275
Apr$2,200$1,275
May$1,075$2,400
Jun$975$2,378
Dec$525$2,200

Market temperature

The Waverly, 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 Waverly, MN is 13% higher than the national average.

Waverly, MNvs.

$2,250

$2,000

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Frequently asked questions

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

The average rent in Waverly, MN is $2,250.

2. What is the average rent for a two-bedroom apartment in Waverly, MN?

The average rent for a two-bedroom apartment in Waverly, MN is $3,400 per month.

3. What is the average rent for a three-bedroom apartment in Waverly, MN?

The average rent for a three-bedroom apartment in Waverly, MN is $2,250 per month.

4. How much does it cost to rent a house in Waverly, MN?

Houses in Waverly, MN rent between $2,250 - $3,400 with an average rent of $2,250.

5. How has the rent in Waverly, MN changed in the last year?

In the last year, the rent in Waverly, MN increased by $2,250

6. How much has the rent in Waverly, MN increased/decreased in the last month?

In the last month, the rent in Waverly, MN increased by $250

7. How many available rentals are there in Waverly, MN?

There are currently 2 rentals available in Waverly, MN.

8. How do rent prices in Waverly, MN compare with the national average?

The average rent in Waverly, MN is $2,250 — 12.5% higher the national average of $2,000.