City Report · MN

Little Canada

Pop. 10,514·58th most expensive in Minnesota·Little Canada rents are up 5.9% over the past year
Median rent (all units)
$1,368/mo
Year-over-Year
+5.9%
Month-over-Month
-2.3%
vs US Median
-$594
Falling (Monthly)
Be the first to discuss Little Canada rents
Most AffordableMost Expensive
Little Canada · $1,368
More affordable than 84% of US cities · National median $1,962/mo
Affordability
21% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,368/mo, rent takes about 21% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$55,000/yr
Local median income
$77,957/yr
Based on the 30%-of-income rule using Little Canada's median rent and household income. See the full affordability breakdown →
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 $1,368 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

Loading…

Last updated: August 17, 2026

Annual cost
$16,416/yr
At $1,368/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 (+5.9% YoY, -2.3% MoM), not inventory.
Rent check

Is your rent fair?

Compare your rent to the local median.

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 → $1,368
up 4.4%
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 $1,368, up 4.4% 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.

Community

Discussions about Little Canada

No discussions yet. Start the conversation.

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

Can you afford rent in Little Canada on your salary?

At $1,368/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: August 17, 2026

The median rent in Little Canada is $1,368/mo as of August 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 5.9% over the past year.

FAQ

Frequently asked questions

Is Little Canada an affordable city for renters?

Little Canada is considered very affordable for renters. At $1,368/mo, rent takes approximately 21% of the local median household income ($77,957/yr). The standard benchmark is 30%. Little Canada falls comfortably within that range.

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 $55,000/year (~$26/hour full-time) to afford the median rent of $1,368/mo in Little Canada. The local median household income is $77,957/yr, meaning the typical Little Canada household meets that threshold.

Is rent going up or down in Little Canada?

Rent in Little Canada has increased 5.9% over the past year as of August 2026, putting upward pressure on renter budgets.

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

Little Canada is one of the more affordable cities in Minnesota for rent, ranking #58 out of 67 tracked cities at $1,368/mo.

What percentage of Little Canada residents rent vs. own?

According to Census data, approximately 31.6% of Little Canada households are renters, while 68.4% are owner-occupied. Little Canada leans toward homeownership, which can mean a smaller rental inventory.

How does Little Canada rent compare to the national average?

Little Canada's median rent of $1,368/mo is $594 (30%) below the US national median of $1,962/mo. Within Minnesota, it ranks #58 out of 67 tracked cities.
Income Affordability
21%
VERY AFFORDABLE

At $1,368/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 →
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Little Canada, MN

Recent submissions

Be the first to submit your rent for Little Canada.

Recent discussions

No discussions yet.

Add RentDataNow as a preferred source on Google