Apartments & Condos for Rent in Fergus Falls, MN

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What to Know About

Life in Fergus Falls & Beyond

Fergus Falls shares many of the great qualities that make Minnesota a desirable place to live.

Minnesota, known as the "Land of 10,000 Lakes", boasts breathtaking landscapes and a thriving arts and cultural community that enchants you. Immerse yourself in Minnesota's roots and history through the City Museum and the Science Museum of Minnesota, or invest in your education through the University of Minnesota, St. Cloud State University, and Minnesota State University, Mankato. In addition, residents can enjoy a vibrant arts and cultural scene in the Twin Cities of Minneapolis and St. Paul, including the famous Walker Art Center and the Minnesota Orchestra, providing a wealth of entertainment options.

Sports enthusiasts can enjoy cheering on professional teams such as the Minnesota Vikings (NFL), Minnesota Twins (MLB), and Minnesota Timberwolves (NBA), providing ample opportunities for excitement. Explore famous attractions like the Mall of America, the James J. Hill House, and the historic town of Duluth, each providing a unique glimpse into Minnesota's history and culture. In addition, the state offers many outdoor recreation opportunities, from boating and fishing in its 10,000 lakes to skiing in the Minnesota River Valley.

Minnesota offers a unique blend of natural beauty, quality of life, and affordability, making it a great place to call home.

Rental Market Trends

Fergus Falls, MN

As of April 2025, Fergus Falls's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Fergus Falls's average rent is 34.8% ($498) lower than the Minnesota average of $1,429 and 47.9% ($857) lower than the U.S. average of $1,788.

Average Rent
$931
Monthly ChangeMonth Over Month Change
Decreased1.2% ($11)
Yearly ChangeYear Over Year Change
Increased1.5% ($14)
Avg. Days on MarketAverage Days on Market
40
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $864 Increased4.6% ($38) Increased5.1% ($42)
2 Beds $965 Decreased1.3% ($13) Increased2.6% ($24)
3 Beds $1,106 Decreased2.6% ($29) Increased1.3% ($14)
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Fergus Falls Rental Market FAQs

Explore rental prices, market trends, and availability in Fergus Falls, MN.

The average rent in Fergus Falls, MN is $931 per month.
Apartments in Fergus Falls typically rent for between $605 and $1,438 per month, with an average of $931 per month.
In Fergus Falls, the average rent for a 1-bedroom apartment is $864 per month, for a 2-bedroom apartment, $965 per month, and a 3-bedroom apartment is $1,106 per month.
The average rent in Fergus Falls is 47.9% ($857) lower than the national average of $1,788 per month.
The average rent in Fergus Falls has decreased by 1.2% ($11) in the last month and increased by 1.5% ($14) over the past year.
The rental market in Fergus Falls, MN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Fergus Falls, MN, the average rental stays on the market for approximately 40 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 11 rental properties available in Fergus Falls, MN.
Based on the current averages, a household would need an annual income of $38,600 to comfortably afford a 2-bedroom apartment in Fergus Falls.
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