Newest Homes for Rent in Milaca, MN

/9
$750

Total Monthly Price
- 1 Bed
- 1 Bath
- Condo for Rent
210 2nd St SE Unit 2, Milaca, MN 56353

Milaca Studio Apt available now! Great location in downtown Milaca. All utilities included in rent! Laundry on site.Call for details No prior evictions, no smoking, no felonies, NO DOGS, 550+ credit score, income 3 times rent, Application fee $50 per adult.

210 2nd St SE Unit 2, Milaca, MN 56353
Explore Milaca
/9
$750

Total Monthly Price
- 1 Bed
- 1 Bath
- Condo for Rent
210 2nd St SE Unit 2, Milaca, MN 56353

Milaca Studio Apt available now! Great location in downtown Milaca. All utilities included in rent! Laundry on site.Call for details No prior evictions, no smoking, no felonies, NO DOGS, 550+ credit score, income 3 times rent, Application fee $50 per adult.

210 2nd St SE Unit 2, Milaca, MN 56353
/27
Call for Price
- 1 - 3 Beds
240 2nd Ave SE, Milaca, MN 56353

Looking for a lovely apartment in an area with a small town feeling? We have modern rental units with up-to-date decor and features. Amazing locations in Milaca near shopping and restaurants! 1, 2, and 3 bedroom floor plans to choose from. There is an elevator located at the Highrise. There are 2 and 3 bedroom townhomes available as well. Garages are available to rent at the townhomes.

Milaca Park Apartments

240 2nd Ave SE, Milaca, MN 56353
/8
$3,900 Per Month
- 4 Beds
- 2 Baths
- 2,380 Sq Ft
- House for Rent
24343 US Highway 169, Milaca, MN 56353

Beautifully remodeled 4bd/2ba home on 8.69 acres. Features include stainless steel appliances, granite countertops, luxury vinyl planking, new carpets, remodeled kitchen and baths. Large 45x55 polebarn with heated shop and a 14'high by 12' wide door. Possible use for contractors/private business with prime Hwy 169 frontage and lots of space, yet still private and quiet. Pets negotiable.

Jeff Johnson Minnkota Realty, LLC

24343 US Highway 169, Milaca, MN 56353
/14
Starting at $1,650 Plus Fees
- 2 Beds
555 Highway 23 E, Milaca, MN 56353

Brand new construction. This property has a quiet, small community feel. Conveniently located close to shopping, parks & trails

555 Highway 23 E

555 Highway 23 E, Milaca, MN 56353
/6
$650

Total Monthly Price
- 1 Bed
- 1 Bath
- 563 Sq Ft
- House for Rent
110 Central Ave S Unit 201, Milaca, MN 56353

Move in special! If your application is approved we will reimburse you for the cost of the application. Available September 1, 2026.1 bedroom apartment available in Milaca above Central Perk Pizza. Coin laundry available outside of unit, AC window unit, street parking available, owner pays for water, garbage and sewer. No pets. Photos show layout of a similar but smaller one bedroom.

110 Central Ave S Unit 201, Milaca, MN 56353
/6
$650

Total Monthly Price
- 1 Bed
- 1 Bath
- 563 Sq Ft
- House for Rent
110 Central Ave S Unit 201, Milaca, MN 56353

Move in special! If your application is approved we will reimburse you for the cost of the application. Available September 1, 2026.1 bedroom apartment available in Milaca above Central Perk Pizza. Coin laundry available outside of unit, AC window unit, street parking available, owner pays for water, garbage and sewer. No pets. Photos show layout of a similar but smaller one bedroom.

110 Central Ave S Unit 201, Milaca, MN 56353

Minnesota Mille Lacs County

Frequently Asked Questions

How much does it cost to rent a home in Milaca, MN?

The median rent for a home in Milaca, MN is $700 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.

How much do you need to make to afford rent in Milaca, MN?

To comfortably afford the median rent in Milaca, MN, a household needs to earn roughly $28,000 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 $700 per month in Milaca, MN, renters typically need to show $2,100 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 Milaca, MN?

In Milaca, MN, the price-to-rent ratio is 29.9, 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.

Rental Trends in Milaca, MN

There are currently 7 homes available for rent in Milaca, MN. The median rent is $700 per month, with single-family homes renting at $650 and condos at $750.

Rental Home Trends

Number of Homes for Rent 7	Median Rent $700
Median Single Family Home Rent $650	Median Condo Rent $750

How to Rent a Home

Rentals in Milaca

Homes for Rent by Bedrooms in Milaca

Rentals by Price in Milaca

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