At $1,745/mo, rent takes about 25% of the local median household income, comfortably within the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,745 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 →
12-month history
Last updated: August 17, 2026
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Who lives here
Northfield, MN is majority owner-occupied, skews toward younger working-age adults, 53.3% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Northfield, MN has changed in 5 years
Median household income rose from $73,877 to $84,895 between 2021 and 2024, a 14.9% shift. The population has grown by 1.8% since 2021, moving from about 20,374 residents to roughly 20,742. Renters now make up 30.7% of households, compared with 32.4% five years ago. College-educated residents now make up 53.3% of adults here, versus 50.4% in 2021.
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At $1,745/mo, how Northfield rent compares to typical pay (30% rule).
Northfield rent by bedroom count
Median rent for each apartment size in Northfield. Click any size for full breakdown.
Tips for renters in Northfield
Last updated: August 17, 2026
The median rent in Northfield is $1,745/mo as of August 2026. A studio apartment averages $1,060/mo while a 2-bedroom runs $1,460/mo. One-bedroom apartments average $1,200/mo and 3-bedroom units go for $1,970/mo.
At 25% of local median household income ($84,895/yr), Northfield ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.
Frequently asked questions
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How does Northfield rent compare to the national average?
At $1,745/mo, rent takes ~25% of Northfield's median household income ($84,895/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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