$2,250
Total Monthly Price
- 1 Bed
- 1 Bath
- 100 Sq Ft
- House for Rent
36014 Falcon Way, North Branch, MN 55056
Frequently Asked Questions
How much does it cost to rent a single-family home in North Branch, MN?
The median rent for a single-family home in North Branch, MN is $2,250 per month, though prices vary by neighborhood, size, and property type. As of May 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in North Branch, MN?
To comfortably afford the median rent in North Branch, MN, a household needs to earn roughly $90,000 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 $2,250 per month in North Branch, MN, renters typically need to show $6,750 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 North Branch, MN?
In North Branch, MN, the price-to-rent ratio is 13.1, 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.
