$1,599 Plus Fees
- 3 Beds
- 2 Baths
- 1,152 Sq Ft
- House for Rent
62 Meggan Dr, Hastings, MN 55033
Beautiful Brand New 3 bed, 2 bath, 1,152 sqft home available for sale in Three Rivers! Call today to schedule a tour of this home and make it yours!
Frequently Asked Questions
How much does it cost to rent a single-family home in Hastings, MN?
The median rent for a single-family home in Hastings, MN is $1,599 per month, though prices vary by neighborhood, size, and property type. As of July 2026, single-family homes tend to be the most affordable option while condos and townhouses are currently more expensive.
How much do you need to make to afford rent in Hastings, MN?
To comfortably afford the median rent in Hastings, MN, a household needs to earn roughly $63,960 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 $1,599 per month in Hastings, MN, renters typically need to show $4,797 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 Hastings, MN?
In Hastings, MN, the price-to-rent ratio is 18.5, 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 Hastings, MN are best for renting a single-family home?
The best neighborhood for renting in Hastings, MN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a single-family home include West Side, Dayton's Bluff and Hastings-Marshan Township, each with its own character and price range.
