Starting at $1,250 Plus Fees
- 1 - 2 Beds
13281 Berrywood Dr, Baxter, MN 56425
Lovely apartmentsWe have a beautiful park right in our backyardWonderful walking pathsClose to shoppingClose to schools
Berrywood Apartments
Frequently Asked Questions
How much does it cost to rent a home in Baxter, MN?
The median rent for a home in Baxter, MN is $2,624 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Baxter, MN?
To comfortably afford the median rent in Baxter, MN, a household needs to earn roughly $104,960 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,624 per month in Baxter, MN, renters typically need to show $7,872 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Baxter, MN?
In Baxter, MN, the price-to-rent ratio is 11.7, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
