Newest Homes for Rent in Park Rapids, MN

/9
Call for Price
- 2 - 3 Beds
609 8th St W, Park Rapids, MN 56470

Itasca Apartments are spacious, clean and family friendly with a lot of natural light. Each apartment has a door thatexits directly outside. Rent and deposit are based on 30% of gross income. Background screenings are completed.

Itasca Apartments

(218) 366-4649

609 8th St W, Park Rapids, MN 56470
/16
$800 Plus Fees
- 1 Bed
- 1 Bath
- 450 Sq Ft
- Condo for Rent
215 1/2 Main Ave S Unit 8, Park Rapids, MN 56470

Property Id: 1173276Looking for a small-town vibe with big-city convenience? This charming 1-bedroom apartment is nestled in the heart of Park Rapids, putting you steps away from everything downtown has to offer.Imagine your mornings:-Grab a coffee and pastry from a local bakery on Main Avenue.-Browse unique shops for outdoor gear, home décor, or that perfect

(218) 366-8773

215 1/2 Main Ave S Unit 8, Park Rapids, MN 56470
/2
$1,800 Plus Fees
- 3 Beds
- 2 Baths
- 1,500 Sq Ft
- House for Rent
20799 Fenwick Cir, Park Rapids, MN 56470

Property Id: 2522901Three bedroom two bath homeOne level no stepsWalk in showerBuilt new in 2022Oversized attached and heated two stall garage21/2 acre wooded lot five minutes from Park Rapids$1800 plus utilities$1800 damaged depositMust have $5400 monthly income to qualify More photos and information to come soonOne small dog or cat allowed with $300

(218) 366-4393

20799 Fenwick Cir, Park Rapids, MN 56470

Minnesota Hubbard County Park Rapids

Frequently Asked Questions

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

The median rent for a home in Park Rapids, MN is $1,300 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.

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

To comfortably afford the median rent in Park Rapids, MN, a household needs to earn roughly $52,000 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 $1,300 per month in Park Rapids, MN, renters typically need to show $3,900 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 Park Rapids, MN?

In Park Rapids, MN, the price-to-rent ratio is 17.1, 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 Park Rapids, MN

There are currently 3 homes available for rent in Park Rapids, MN. The median rent is $1,300 per month, with single-family homes renting at $1,313 and condos at $813.

Rental Home Trends

Number of Homes for Rent

Median Rent

$1,300

Median Single Family Home Rent

$1,313

Median Condo Rent

$813

How to Rent a Home

Rentals in Park Rapids

Park Rapids Apartments for Rent

Homes for Rent by Bedrooms in Park Rapids

Rentals by Price in Park Rapids

Park Rapids Rentals under $1,200

More About Living in Park Rapids

Homes for Sale in Park Rapids

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