White Bear Lake, 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 White Bear Lake, Minnesota rental market.
White Bear Lake, Minnesota
Average Apartment Rent
$1,567
Y-o-Y Change in Average
Apartment Rent
1.1%
As of March 2026
Compared to a year ago, White Bear Lake, Minnesota apartments have recorded a 1.1% rent increase.
White Bear Lake, Minnesota Average apartment rent trend
White Bear Lake, Minnesota Average Apartment Rent
White Bear Lake, Minnesota Apartment rent ranges
At 42.74%, apartments priced $1,000 - $1,500 represent the bulk of White Bear Lake, Minnesota rentals, while condos priced Over $3,000 hold the lowest share of the market – 0.34%.
White Bear Lake, Minnesota Housing tenure**
Renters take up 35% of White Bear Lake, Minnesota real estate, occupying a total of 3,643 units, while homeowners live in 6,656 properties.
Median number of rooms of renter-occupied housing units**
3.9
Renter median household income**
$51,970
Average household size of renter-occupied housing units**
2.11
Rental vacancy rate**
3.2%
White Bear Lake, Minnesota Renter-occupied housing units by no. of bedrooms**
There are 1,911 rentals in White Bear Lake, Minnesota with 2 beds making up the highest share of the market, at 52%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 32 units. Overall, the median number of rooms in White Bear Lake, Minnesota homes for rent is 3.9.
White Bear Lake, Minnesota Renter-occupied units by age of householder**
Most condos for rent in White Bear Lake, Minnesota are occupied by residents in the 45 - 54 years age group (16%), followed by those in the 25 - 34 years age group (16%). At the same time, people in the 60 - 64 years age group make up the lowest share of the local rental market – 7%.
White Bear Lake, Minnesota Renter-occupied housing units by family type**
White Bear Lake, Minnesota Renter-occupied housing units by the presence of own children**
A total of 1,797 apartments for rent in White Bear Lake, Minnesota, or 49% of all rentals are family households. Additionally, 29% of rental homes include children under the age of 18 – that’s 1,047 units. All in all, the median size of a renter-occupied household in White Bear Lake, Minnesota is 2.11.
White Bear Lake, Minnesota Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 33% of the rental market. In contrast, residents with less than a high school degree reside in 5% of the homes for rent in White Bear Lake, Minnesota.
White Bear Lake, Minnesota Renter-occupied units by year structure built**
The highest share of White Bear Lake, Minnesota apartment rentals, namely 24% or 859 units, were Built 1980 - 1989, followed by those Built 1970 - 1979 (16%, 571 units), and the ones Built 1990 - 1999 (14%, 524 units).
White Bear Lake, Minnesota Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most White Bear Lake, Minnesota renters (42%) moved in 2018 to 2020, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their White Bear Lake, Minnesota condos for rent is 2018.
White Bear Lake, Minnesota Renter-occupied housing units by vehicles available**
When it comes to transportation options, 49% of White Bear Lake, Minnesota renters have 1 vehicle available per household, 30% of them have 2 vehicles available, and 10% have 3 vehicles available.
White Bear Lake, Minnesota Means of transportation to work of householders living in renter-occupied housing units**
White Bear Lake, 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 White Bear Lake, 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
