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Pine Island, MN Homes for Rent

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  • /20

    Starting at $1,500 Plus Fees

    • 1 - 2 Beds

    301 S Main St, Pine Island, MN 55963

    Modern Living in Downtown Pine Island — Just 15 Minutes from Rochester!!Built in 2019, our newer apartments offer contemporary comfort in a prime location. Nestled in downtown Pine Island and just off Hwy 52, you're an easy 15-minute drive to Rochester and under an hour from Minneapolis.Each apartment features:- Open-concept floor plans with modern finishes- Private

    301 Main Street South

    (507) 512-5679

    301 S Main St, Pine Island, MN 55963
  • /16

    $2,650 Plus Fees

    • 4 Beds
    • 3 Baths
    • 2,208 Sq Ft
    • House for Rent

    2114 Douglas Trail, Pine Island, MN 55963

    Property Id: 1056623New construction single family home for rent! 4 bedroom, 3 bath with private master bath and walk-in closet. White trim and cabinets with quartz countertops throughout! Deck off the back. All appliances, including Washer & Dryer included! Attached 3-car garage.*Photos are of similar home*Visit our website for more information medcitybuilders

    (507) 322-1188

    2114 Douglas Trail, Pine Island, MN 55963
  • /15

    $1,700

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 1,756 Sq Ft
    • Townhouse for Rent

    720 10th St SW, Pine Island, MN 55963

    2-floor townhome:Main floor: entrance, garage, kitchen, dining/living area, Deck access, bedroom, bathroom.(personal deck was built 6 months ago)Downstairs: Living room, patio access, bedroom, bathroom, storage, maintenance/ laundry room. neighborhood made up of about 60 townhomes in sw Pine Island. Family friendly, calm and quiet neighborhood.

    720 10th St SW, Pine Island, MN 55963

Why Live in Pine Island

Pine Island, MN, is a small city located about 15 miles from Rochester, known for its welcoming community and well-rated schools. The Pine Island Public School District includes Pine Island Elementary, Middle, and Secondary Schools, all of which receive high ratings. The city features a variety of home styles, with older bungalows, ranch styles, and Victorian-era houses near the center, and newer traditional builds with Craftsman or colonial influences on larger lots further out. Residents enjoy local dining options such as Trailhead Grill and Lanes, Agave Tex-Mex, and Yoyo Yummies, and shop at the independently owned Island Market. For more extensive shopping, residents travel to Rochester. Recreational activities are abundant, with Trailhead Park offering access to the Douglas Trail, a canoe launch on the Zumbro River, and various sports facilities. The Pine Island Golf Course and Van Horn Public Library, with its summer reading programs and pollinator garden, are also popular. Community events like the Pine Island Cheese Festival and Winter Fest foster a strong sense of togetherness. Pine Island is accessible via U.S. Route 52, leading to the Mayo Clinic's Saint Mary’s campus and Rochester International Airport, both about 15 miles away.

Frequently Asked Questions

How much does it cost to rent a home in Pine Island, MN?
The median rent for a home in Pine Island, MN is $2,175 per month, though prices vary by neighborhood, size, and property type. As of May 2026, townhouses 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 Pine Island, MN?
To comfortably afford the median rent in Pine Island, MN, a household needs to earn roughly $87,000 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 $2,175 per month in Pine Island, MN, renters typically need to show $6,525 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 Pine Island, MN?
In Pine Island, MN, the price-to-rent ratio is 12.3, 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.
What neighborhoods in Pine Island, MN are best for renting a home?
The best neighborhood for renting in Pine Island, MN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Northwest, Lowertown, Cimarron, John Adams and The Manor, each with its own character and price range.

Rental Home Trends in Pine Island, MN

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$2,175
Median Single Family Home Rent
$2,650
Median Townhouse Rent
$1,725
How to Rent a Home