5

Northfield, MN Houses for Rent

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  • 308 Water St N, Northfield, MN 55057
    308 Water St N, Northfield, MN 55057
    308 Water St N, Northfield, MN 55057
    /11

    $2,600

    Total Monthly Price

    • 4 Beds
    • 2 Baths
    • 1,600 Sq Ft
    • House for Rent

    308 Water St N, Northfield, MN 55057

    Utilities Included! Historic four bedroom house near downtown Northfield for rent August 1st, 2026. Easily walk downtown, to to St Olaf and Carleton Collleges, coffee shops, public library. All hardwood floors, laundry, new water softener, two bathrooms, central air, new furnace and new Anderson windows. Check out the two storey laundry shute and Lazy Susan! Heat, air confitioning, electricity,

    308 Water St N, Northfield, MN 55057
  • 401 Highland Ave W, Northfield, MN 55057
    401 Highland Ave W, Northfield, MN 55057
    401 Highland Ave W, Northfield, MN 55057
    /8

    $1,200 Plus Fees

    • 1 Bed
    • 1 Bath
    • 650 Sq Ft
    • House for Rent

    401 Highland Ave W, Northfield, MN 55057

    Property Id: 2463412READY to rent on August 1st in Northfield! Fresh paint everywhere, each room has a color splash wall but the rest are white, new kitchen countertop and backsplash, sink and faucets! New windows in the living room and kitchen, and fresh landscaping.1 bed 1 bath apartment on a beautiful wooded lot available.Fresh paint, modern stove and refrigerator. New

    401 Highland Ave W, Northfield, MN 55057
  • 512 Nelson Ct, Northfield, MN 55057
    512 Nelson Ct, Northfield, MN 55057
    512 Nelson Ct, Northfield, MN 55057
    /38

    $2,250 Per Month

    • 3 Beds
    • 2 Baths
    • 1,656 Sq Ft
    • House for Rent

    512 Nelson Ct, Northfield, MN 55057

    Alex Skelly RE/MAX Results

    512 Nelson Ct, Northfield, MN 55057
  • 809 1st St W, Northfield, MN 55057
    809 1st St W, Northfield, MN 55057
    809 1st St W, Northfield, MN 55057
    /15

    $2,050

    Total Monthly Price

    • 3 Beds
    • 1 Bath
    • 1,900 Sq Ft
    • Cozy 3 bed/1 bath home for rent in Northfield, MN

    809 1st St W, Northfield, MN 55057

    Property Information:Bright, comfortable, and full of charm, this well-kept 3-bedroom, 1-bath home is located in a quiet Northfield neighborhood justminutes from downtown, St. Olaf College, and Carleton College. A standout feature is the beautiful four-season sunroom — theperfect spot to enjoy your morning coffee, unwind with a book, or soak in the changing Minnesota seasons

    809 1st St W, Northfield, MN 55057
  • 501 1st St W, Northfield, MN 55057
    501 1st St W, Northfield, MN 55057
    501 1st St W, Northfield, MN 55057
    /19

    $1,400

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 875 Sq Ft
    • 501/503

    501 1st St W, Northfield, MN 55057

    Coming soon is a newly remodeled spacious 2 bedroom unit with new floors, doors, cabinets, countertops, windows, bathroom and more! With amenities such as a 5x20 deck, stainless appliances, a luxury bathroom, and in-unit laundry, you'll be feeling at home in no time! Located only two blocks from downtown Northfield; this clean and inviting unit is within walking distance to restaurants, grocery

    501 1st St W, Northfield, MN 55057
Minnesota Rice County

Houses for Rent in Northfield, MN

Frequently Asked Questions

How much does it cost to rent a single-family home in Northfield, MN?
The median rent for a single-family home in Northfield, MN is $2,150 per month, though prices vary by neighborhood, size, and property type. As of July 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Northfield, MN?
To comfortably afford the median rent in Northfield, 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 Northfield, 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 Northfield, MN?
In Northfield, MN, the price-to-rent ratio is 15.1, 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.

Rental Home Trends in Northfield, MN

There are currently 5 single-family homes available for rent in Northfield, MN. The median rent is $2,150 per month, with 3-bedroom houses renting at $2,250 and 4-bedroom houses at $2,600.

Rental Home Trends

Number of Houses for Rent
5
Median Single Family Home Rent
$2,150
Median 3 Bedroom Single Family Home Rent
$2,250
Median 4 Bedroom Single Family Home Rent
$2,600
How to Rent a Home

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