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Mora, MN Homes for Rent

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  • /18

    $2,395 Plus Fees

    • 3 Beds
    • 2 Baths
    • 1,680 Sq Ft
    • House for Rent

    20245 Ann River Dr, Mora, MN 55051

    Available Now: Discover your next home at 20245 Ann River Dr, Mora! This charming 3-bedroom, 2-bathroom property offers 1,680 sq ft of comfortable living space, perfect for those seeking a blend of serenity and convenience. The inviting living area flows seamlessly into the dining and kitchen spaces, creating an excellent environment for entertaining or simply relaxing. Nestled in a peaceful

    20245 Ann River Dr, Mora, MN 55051
  • /44

    $1,225 - $1,320

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 894 Sq Ft
    • Condo for Rent

    431 Central Ave W, Mora, MN 55051

    Meadow Ridge Apartments is located a half-mile from downtown Mora and just over one mile from highway 65 and the Welia Health System hospital. The Anoka Ramsey Cambridge Campus and Pine Technical and Community College are both about a thirty minute drive from the apartment-home, giving you options for secondary education. Located less than a mile from two elementary schools and the High school,

    431 Central Ave W, Mora, MN 55051
  • /44

    $1,225 - $1,320

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 894 Sq Ft
    • Condo for Rent

    431 Central Ave W, Mora, MN 55051

    Meadow Ridge Apartments is located a half-mile from downtown Mora and just over one mile from highway 65 and the Welia Health System hospital. The Anoka Ramsey Cambridge Campus and Pine Technical and Community College are both about a thirty minute drive from the apartment-home, giving you options for secondary education. Located less than a mile from two elementary schools and the High school,

    431 Central Ave W, Mora, MN 55051

Why Live in Mora

Mora, MN, a small town of 4,000 people, is situated about 70 miles north of the Twin Cities, beyond the metro area’s suburbs. Known for its rural charm and traditional main street, Mora features early to mid-20th-century homes and newer subdivisions near Mora Lake and the Snake River. The town hosts several large-scale events, including the Vasaloppet USA cross-country skiing race, canoe races, a half-marathon, and a biking tour. The Kanabec County Fair, held each July at the Mora Civic Center, includes a parade, beer garden, and carnival. Mora's proximity to northern Minnesota lakes, such as Mille Lacs Lake 25 miles away, makes it a popular summer destination. The Mora Civic Center offers recreational facilities like the Mora Aquatic Center and Mora Ice Arena, while Mora Lions Park features a large playground. The Welia Center at Mora High provides gym and wellness facilities. Mora Elementary, part of the Mora Public Schools district, is highly rated. Downtown Mora's Union Street is lined with small shops and local restaurants, including Crystal Bar and Grill and El Jalisco Grill and Bar. Highway 65 connects Mora to the Twin Cities, with Minneapolis-Saint Paul International Airport about 80 miles away. Most residents work locally, and the Timber Trails Public Transit system offers demand-response bus service.

Frequently Asked Questions

How much does it cost to rent a home in Mora, MN?
The median rent for a home in Mora, MN is $1,272 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in Mora, MN?
To comfortably afford the median rent in Mora, MN, a household needs to earn roughly $50,880 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 $1,272 per month in Mora, MN, renters typically need to show $3,816 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 Mora, MN?
In Mora, MN, the price-to-rent ratio is 16.4, 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.

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$1,272
Median Condo Rent
$1,273
How to Rent a Home