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Newest Home for Rent in Chatfield, MN

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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

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 11.1, 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 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 in Chatfield, MN

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