Rental market snapshot for Moorhead, Minnesota

Moorhead, Minnesota Rental Property Market Overview

Moorhead, Minnesota is a city located in Clay County, Minnesota. As of 2021, the population of Moorhead is 44,668, according to the US Census. Moorhead is a vibrant city with a variety of attractions, including a variety of parks, trails, and recreational activities. The city is home to Minnesota State University Moorhead, Concordia College, and many other educational institutions. Moorhead is also home to a variety of businesses, restaurants, and shopping centers. With its diverse population and many attractions, Moorhead is a great place to live, work, and play.

The average rent for an apartment in Moorhead is $928. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Moorhead Minnesota | Cost of Living

  • The most expensive ZIP code in Moorhead is 56560 with an average price of $1,019.
  • The cheapest ZIP code in Moorhead is 56560 with an average price of $1,019.

Moorhead ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
156560$1,019

Live near Moorhead, Minnesota's Top Sights and Attractions

College Park is a popular outdoor recreation area located in Moorhead, Minnesota. It features a large pond, a playground, a picnic area, and a walking path. The park also has a variety of trees and shrubs, as well as a variety of wildlife. The park is a great place to take a stroll, have a picnic, or just relax and enjoy the scenery.

Trollwood Performing Arts Park is a unique outdoor venue that hosts a variety of events throughout the year. It features a large amphitheater with seating for up to 1,500 people, as well as a stage for live performances. The park also includes a picnic area, playground, and walking trails. During the summer months, the park hosts a variety of concerts, plays, and other events. It is a great place to enjoy a day out with friends and family.

Gooseberry Mound Park is a scenic park located on the banks of the Red River. It features a variety of outdoor activities, including a playground, picnic areas, walking trails, and a fishing pier. The park also has a large open field, perfect for playing sports or flying kites. The park is home to a variety of wildlife, including birds, deer, and other small animals. The park is a great place to relax and enjoy nature, with its beautiful views of the river and surrounding area.

Hjemkomst Center is an attraction located in Moorhead, Minnesota that celebrates the history and culture of the area. It is home to the Hjemkomst Viking Ship, a full-scale replica of a Viking ship that was built by local artist Robert Asp and sailed across the Atlantic Ocean in 1982. The center also houses the Heritage Hjemkomst Interpretive Center, which features a variety of exhibits and artifacts related to the region's history and culture. The center also hosts a variety of events throughout the year, including concerts, lectures, and educational programs.

Horizon Shores Park is a picturesque outdoor destination located on the banks of a large lake. The park features a variety of recreational activities, including a playground, picnic areas, walking trails, and a fishing pier. Visitors can also enjoy a variety of water sports, such as kayaking, canoeing, and paddle-boarding. The park also has a large beach area, perfect for swimming and sunbathing. With its beautiful scenery and abundance of activities, Horizon Shores Park is a great place to spend a day outdoors.

Village Green Sixth is a public park located in Moorhead, Minnesota. The park features a large grassy area with a playground, picnic tables, and a gazebo. There is also a walking path that winds through the park, and a pond with a fountain. The park is a popular spot for families to come and enjoy the outdoors, and it is also a great place to host events such as weddings and birthday parties.

Centennial Park is a large outdoor recreational area located on the banks of the Red River. It features a variety of activities for visitors to enjoy, including walking and biking trails, a playground, picnic areas, and a disc golf course. The park also has a large pond, which is home to a variety of wildlife, including ducks, geese, and other waterfowl. In addition, the park hosts a variety of events throughout the year, such as concerts, festivals, and outdoor movies.

Johnson Farms Park is a large outdoor recreation area located in Moorhead, Minnesota. It features a variety of activities and amenities, including a large playground, a walking path, a picnic area, a disc golf course, a basketball court, and a sand volleyball court. The park also has a large pond with a fishing dock, and a variety of wildlife, including ducks, geese, and other birds. The park is a great place to spend a day outdoors with family and friends, and is a popular spot for locals and visitors alike.

Morningside Park is a large park located on the banks of the Red River. It features a variety of outdoor activities, including walking trails, picnic areas, playgrounds, and a disc golf course. The park also has a large pond with a fishing pier, a boat launch, and a beach. In the summer, visitors can enjoy swimming, kayaking, and canoeing. In the winter, the park is a popular spot for sledding and ice skating.

Romkey Park is a large outdoor recreational area located in Moorhead, Minnesota. It features a variety of activities and amenities, including a playground, walking paths, picnic areas, and a large pond. The park also has a disc golf course, a sand volleyball court, and a basketball court. The park is surrounded by trees and offers a peaceful and tranquil atmosphere. Visitors can also enjoy a variety of wildlife, including birds, squirrels, and other small animals.

Moorhead, Minnesota area median rent change by ZIP code map

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How does Moorhead compare to other cities in Minnesota?

citymedian price
Cottage Grove$2,295
Crystal$1,835
Sabin$1,600
Little Canada$1,240
Waite Park$1,160
Willmar$850

Average household income in Moorhead area graph - US Census

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The median household income in Moorhead in 2021 was $62,940. This represents a 33.7% change from 2011 when the median was $47,074.

#categorypercent
0Less than $10,0006.0%
1$10,000 to $14,9995.4%
2$15,000 to $19,9993.8%
3$20,000 to $24,9996.1%
4$25,000 to $29,9993.6%
5$30,000 to $34,9994.3%
6$35,000 to $39,9995.5%
7$40,000 to $44,9993.7%
8$45,000 to $49,9993.0%
9$50,000 to $59,9997.7%
10$60,000 to $74,99911.0%
11$75,000 to $99,99913.5%
12$100,000 to $124,99910.0%
13$125,000 to $149,9998.4%
14$150,000 to $199,9995.0%
15$200,000 or more3.0%

Neighborhoods in Moorhead

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Moorhead is $928.
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