Moorhead, 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 Moorhead, Minnesota rental market.
Moorhead, Minnesota
Average Apartment Rent
$1,132
Y-o-Y Change in Average
Apartment Rent
0.9%
As of May 2026
Compared to a year ago, Moorhead, Minnesota apartments have recorded a 0.9% rent increase.
Moorhead, Minnesota Average apartment rent trend
Moorhead, Minnesota Average Apartment Rent
Moorhead, Minnesota Apartment rent ranges
At 57.01%, apartments priced $1,000 - $1,500 represent the bulk of Moorhead, Minnesota rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 0.58%.
Moorhead, Minnesota Housing tenure**
Renters take up 42% of Moorhead, Minnesota real estate, occupying a total of 7,433 units, while homeowners live in 10,197 properties.
Median number of rooms of renter-occupied housing units**
4
Renter median household income**
$33,229
Average household size of renter-occupied housing units**
2.01
Rental vacancy rate**
9.1%
Moorhead, Minnesota Renter-occupied housing units by no. of bedrooms**
There are 3,158 rentals in Moorhead, Minnesota with 2 beds making up the highest share of the market, at 42%. Units with 5 or more beds, on the other hand, hold the lowest percentage (2%), amounting to 151 units. Overall, the median number of rooms in Moorhead, Minnesota homes for rent is 4.
Moorhead, Minnesota Renter-occupied units by age of householder**
Most condos for rent in Moorhead, Minnesota are occupied by residents in the 25 - 34 years age group (25%), followed by those in the 15 - 24 years age group (24%). At the same time, people in the 60 - 64 years age group make up the lowest share of the local rental market – 4%.
Moorhead, Minnesota Renter-occupied housing units by family type**
Moorhead, Minnesota Renter-occupied housing units by the presence of own children**
A total of 2,435 apartments for rent in Moorhead, Minnesota, or 33% of all rentals are family households. Additionally, 18% of rental homes include children under the age of 18 – that’s 1,372 units. All in all, the median size of a renter-occupied household in Moorhead, Minnesota is 2.01.
Moorhead, Minnesota Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 24% of the rental market. In contrast, residents with less than a high school degree reside in 9% of the homes for rent in Moorhead, Minnesota.
Moorhead, Minnesota Renter-occupied units by year structure built**
The highest share of Moorhead, Minnesota apartment rentals, namely 18% or 1,332 units, were Built 2010 - 2019, followed by those Built 2000 - 2009 (17%, 1,272 units), and the ones Built 1970 - 1979 (16%, 1,181 units).
Moorhead, Minnesota Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Moorhead, Minnesota renters (40%) moved in 2018 to 2020, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Moorhead, Minnesota condos for rent is 2018.
Moorhead, Minnesota Renter-occupied housing units by vehicles available**
When it comes to transportation options, 42% of Moorhead, Minnesota renters have 1 vehicle available per household, 26% of them have 2 vehicles available, and 21% have No vehicle available.
Moorhead, Minnesota Means of transportation to work of householders living in renter-occupied housing units**
Moorhead, 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 Moorhead, 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
