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Caledonia, MN Home for Rent

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    $123,456

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 600 Sq Ft
    • Condo for Rent

    306 E South St Unit 1, Caledonia, MN 55921

    Under new management!! All apartments being professionally remodeled and cleaned prior to leasing. Whispering Pines is a HUD subsidized property that is designated Elderly (62+) / Disabled, Regardless of Age, with non-smoking 1 and 2-bedroom apartments. Age waivers may be available, please ask Katelynn for details. Rent and security deposit are based on 30% monthly income. Rent

    306 E South St Unit 1, Caledonia, MN 55921

Why Live in Caledonia

Caledonia, a small community in southeastern Minnesota, is known for its picturesque bluffs and valleys in the Driftless Area, near the Wisconsin border. With a population of around 2,800, it is dubbed the Wild Turkey Capital of Minnesota, renowned for its hunting opportunities. The local economy benefits from businesses like Caledonia Haulers, Sno Pac Foods, and Miken Sports. The town features a mix of historic Queen Anne and Victorian-style homes in the center, with midcentury ranch-style and split-level houses further out. Caledonia Area Public Schools, including Caledonia Elementary, are highly rated and a source of local pride. For things to do, residents enjoy outdoor activities such as hunting, fishing, and snowmobiling, with Beaver Creek Valley State Park offering hiking trails and trout streams. The town center hosts various shops, restaurants, and services, including Sol Agave Mexican Restaurant and Farmhouse Eatery. Community events like Wild Turkey Fest and Founders' Day highlight the town's close-knit spirit. Caledonia is accessible via State Highways 44 and 76, with connections to La Crosse and Winona, and La Crosse Regional Airport provides flights to Chicago.

Frequently Asked Questions

How much does it cost to rent a home in Caledonia, MN?
The median rent for a home in Caledonia, MN is $123,456 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in Caledonia, MN?
To comfortably afford the median rent in Caledonia, MN, a household needs to earn roughly $4,938,240 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 $123,456 per month in Caledonia, MN, renters typically need to show $370,368 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 Caledonia, MN?
In Caledonia, MN, the price-to-rent ratio is 0.1, 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.
What neighborhoods in Caledonia, MN are best for renting a home?
The best neighborhood for renting in Caledonia, MN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Wellness District, Powell Poage Hamilton, Holy Trinity Longfellow, Washburn and Downtown La Crosse, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$123,456
Median Condo Rent
$123,456
How to Rent a Home