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Chatfield, MN Home for Rent

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  • /23

    $2,000

    Total Monthly Price

    • 3 Beds
    • 1 Bath
    • 1,764 Sq Ft
    • House for Rent

    607 James St NE, Chatfield, MN 55923

    This recently renovated 3 bedroom, 1 bath single-family home gives a small town feel with an east commute to Rochester and Mayo Clinic! It is located on a dead end street just past Chatfield High School, parks and the pool. All 3 bedrooms are on the upper level of the home along with the kitchen, dining area and living room. There is access to the oversized 2.5 car garage from the kitchen. The

    607 James St NE, Chatfield, MN 55923

Why Live in Chatfield

Chatfield, Minnesota, known as “the Chosen Valley,” is a small town located approximately 20 miles south of Rochester. The town is characterized by its outdoor living opportunities, with Mill Creek and the Root River providing ample chances for kayaking, fishing, and other water sports. Chatfield boasts a variety of parks and trails, including the 47-acre Mill Creek Park, which features ball fields, sand volleyball courts, a horse arena, and a skating rink. The Lost Creek Hiking Trail spans over 6 miles and hosts events like the Fall Trail Run, while the Chatfield ATV Trail and Chosen Valley Golf Club offer additional recreational activities. The town's housing options include historical late-Victorian homes, post-1950s ranch-style homes, Colonial Revivals, split-levels, and townhouses. Chatfield Elementary School and Chatfield High School serve the community, with the high school offering extensive fine arts programs. Main Street is home to local dining spots such as Jac's Bar & Grill and La Cantina Arcos, and residents can shop at Sunshine Foods and Dollar General. Community events like Wester Days, Growers Market, and ChillFest bring residents together throughout the year. With low crime risk areas compared to the national average, Chatfield provides a safe environment for its residents. U.S. Route 52 and Minnesota Highway 30 facilitate travel, with Rochester and its amenities, including Olmsted Medical Center and Rochester International Airport, just a short drive away.

Frequently Asked Questions

How much does it cost to rent a home in Chatfield, MN?
The median rent for a home in Chatfield, MN is $2,000 per month, though prices vary by neighborhood, size, and property type. As of June 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Chatfield, MN?
To comfortably afford the median rent in Chatfield, MN, a household needs to earn roughly $80,000 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 $2,000 per month in Chatfield, MN, renters typically need to show $6,000 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 Chatfield, MN?
In Chatfield, MN, the price-to-rent ratio is 11.4, 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 Chatfield, MN are best for renting a home?
The best neighborhood for renting in Chatfield, MN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Lowertown, Northwest, Meadow Park, Slatterly Park and Eastside, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$2,000
Median Single Family Home Rent
$2,000
How to Rent a Home