Corcoran, Minnesota Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Corcoran, Minnesota rental market.
Corcoran, Minnesota
Average Apartment Rent
$1,369
Y-o-Y Change in Average
Apartment Rent
5.3%
As of March 2026
Compared to a year ago, Corcoran, Minnesota apartments have recorded a 5.3% rent increase.
Corcoran, Minnesota Average apartment rent trend
Corcoran, Minnesota Average Apartment Rent
Corcoran, Minnesota Apartment rent ranges
At 78.63%, apartments priced $1,000 - $1,500 represent the bulk of Corcoran, Minnesota rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 2.56%.
Corcoran, Minnesota Housing tenure**
Renters take up 5% of Corcoran, Minnesota real estate, occupying a total of 118 units, while homeowners live in 2,284 properties.
Median number of rooms of renter-occupied housing units**
6.4
Average household size of renter-occupied housing units**
3.04
Corcoran, Minnesota Renter-occupied housing units by no. of bedrooms**
There are 56 rentals in Corcoran, Minnesota with 5 or more beds making up the highest share of the market, at 47%. Units with 2 beds, on the other hand, hold the lowest percentage (9%), amounting to 11 units. Overall, the median number of rooms in Corcoran, Minnesota homes for rent is 6.4.
Corcoran, Minnesota Renter-occupied units by age of householder**
Most condos for rent in Corcoran, Minnesota are occupied by residents in the 25 - 34 years age group (36%), followed by those in the 55 - 59 years age group (20%). At the same time, people in the 35 - 44 years age group make up the lowest share of the local rental market – 6%.
Corcoran, Minnesota Renter-occupied housing units by family type**
Corcoran, Minnesota Renter-occupied housing units by the presence of own children**
A total of 63 apartments for rent in Corcoran, Minnesota, or 53% of all rentals are family households. Additionally, 26% of rental homes include children under the age of 18 – that’s 31 units. All in all, the median size of a renter-occupied household in Corcoran, Minnesota is 3.04.
Corcoran, Minnesota Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 18% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in Corcoran, Minnesota.
Corcoran, Minnesota Renter-occupied units by year structure built**
The highest share of Corcoran, Minnesota apartment rentals, namely 38% or 45 units, were Built 1939 or earlier, followed by those Built 1990 - 1999 (27%, 32 units), and the ones Built 1970 - 1979 (19%, 23 units).
Corcoran, Minnesota Renter-occupied units by year householder moved in**
Median year renter moved into unit 1996
Most Corcoran, Minnesota renters (47%) moved in 1990 to 1999, while only 6% of them moved in 2018 to 2020. Overall, the median year renters have occupied their Corcoran, Minnesota condos for rent is 1996.
Corcoran, Minnesota Renter-occupied housing units by vehicles available**
When it comes to transportation options, 37% of Corcoran, Minnesota renters have 1 vehicle available per household, 27% of them have 5 or more vehicles available, and 20% have 3 vehicles available.
Corcoran, Minnesota Means of transportation to work of householders living in renter-occupied housing units**
When it comes to transportation options, 37% of Corcoran, Minnesota renters have 1 vehicle available per household, 27% of them have 5 or more vehicles available, and 20% have 3 vehicles available.
Corcoran, Minnesota Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Corcoran, Minnesota apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
