City Report · MN

Little Canada

Pop. 10,514·56th most expensive in Minnesota·One of the most affordable rental markets in the US
Median rent (all units)
$1,390/mo
Year-over-Year
+0.7%
Month-over-Month
+0.4%
vs US Median
-$542
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Little Canada · $1,390
More affordable than 83% of US cities · National median $1,932/mo
Rent Reality Score
55/100
Fairly priced
OverheatedFairGreat value

Rents are 3% below what Little Canada's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,390/mo
Expected by trend
$1,428/mo
The Rent Reality Score compares today's median rent to where Little Canada's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,342
1 BR
$1,173
2 BR
$1,607
3 BR
$2,228
Fair Market Rent (HUD)
$1,607/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,390 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in Little Canada is 0.8% below its high of $1,401 in March 2026, at $1,390 as of September 2026.

Past year vs. the rest of Minnesota

Rent in Little Canada changed +0.7% over the year to September 2026. Across the 53 Minnesota cities Zillow tracks, the typical change was +3.4%.

Recent direction

Rent rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($77,957) is $1,949 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,607); a 3-bedroom is $2,228.

From Zillow's monthly rent index (ZORI) for Little Canada. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$16,680/yr
At $1,390/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.7% YoY, +0.4% MoM), not inventory.
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Demographics

Who lives here

Little Canada, MN is majority owner-occupied, has a large share of families with children, 40.3% of residents hold a bachelor's degree or higher.

Population
10,514
Median income
$77,957
Median age
40.4
Renters
31.6%
Age distribution
26.4%
17.5%
24.8%
13.1%
18.1%
Under 1826.4%
18–3417.5%
35–5424.8%
55–6413.1%
65+18.1%
Gender
50.2%
49.8%
Male50.2%
Female49.8%
Race & ethnicity
64.3%
12.6%
White64.3%
Black7.3%
Hispanic10.4%
Asian12.6%
Other5.3%
Education (25+)
16%
36.2%
40.3%
No HS diploma7.6%
HS diploma16%
Some college36.2%
Bachelor's+40.3%
Housing tenure
68.4%
31.6%
Owner68.4%
Renter31.6%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2023 vs 2026

How Little Canada, MN has changed in 5 years

Rent
$1,310 → $1,390
up 6.1%
Income
$61,959 → $77,957
up 25.8%
Population
10,704 → 10,514
down 1.8%
Renter share
38% → 31.6%
-6.4 pts
Bachelor's+
36.7% → 40.3%
+3.6 pts
Median age
43.3 → 40.4
-2.9 yrs

Across the past five years, the going rent in Little Canada, MN has shifted from $1,310 to $1,390, up 6.1% since 2023. On the earnings side, the typical household in Little Canada, MN now reports about $77,957, up from $61,959 in 2021. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Census counts show Little Canada, MN losing about 190 residents over the five-year window, down 1.8% on net. The renter share has eased from 38% to 31.6%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 36.7% to 40.3% across the same window. For context, the 2023 to 2026 window covers an unusually volatile run for US rents nationally, and Little Canada, MN reflects that arc in its own way.

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View Little Canada rent history (2015–2026) →
Salary vs rent

Can you afford rent in Little Canada on your salary?

At $1,390/mo, how Little Canada rent compares to typical pay (30% rule).

By apartment size

Little Canada rent by bedroom count

Median rent for each apartment size in Little Canada. Click any size for full breakdown.

Local insights

Tips for renters in Little Canada

About renting in Little Canada, MN

Last updated: October 17, 2026

The median rent in Little Canada is $1,390/mo as of October 2026. A studio apartment averages $1,342/mo while a 2-bedroom runs $1,607/mo. One-bedroom apartments average $1,173/mo and 3-bedroom units go for $2,228/mo.

At 21% of local median household income ($77,957/yr), Little Canada ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Little Canada?

To keep rent at or below 30% of gross income, you would need to earn at least $56,000/year (about $27/hour full-time) to afford the median rent of $1,390/mo in Little Canada. The local median household income is $77,957/yr, so the typical household meets that bar.

Is rent going up or down in Little Canada?

Rent in Little Canada has risen 0.7% over the past year as of September 2026. It sits 0.8% below its high of $1,401 in March 2026.

How does Little Canada rent compare to other cities in Minnesota?

Little Canada is one of the more affordable among Minnesota cities for rent, ranking #56 of 68 tracked cities at $1,390/mo. Over the year to September 2026, rent in Little Canada changed +0.7%, against a typical +3.4% across the 53 Minnesota cities Zillow tracks.
Income Affordability
21%
VERY AFFORDABLE

At $1,390/mo, rent takes ~21% of Little Canada's median household income ($77,957/yr). The standard benchmark is 30%.

Little Canada 21%Benchmark 30%
State income tax5.35–9.85%
Run the Little Canada affordability calculator →
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Neighborhoods

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Schools nearby

Public schools near Little Canada, MN

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