2-Bedroom Rent · October 2026

2-Bedroom Apartment Rent in Waite Park, MN

$1,200/mo

Median asking rent for a 2-bedroom apartment in Waite Park, Minnesota as of October 2026. That's +5% higher than the citywide median of $1,143 and +28% below the national 2-bedroom median of $1,657.

2-Bedroom median
$1,200
October 2026
vs city overall
+5%
$1,143 city median
vs national
-28%
$1,657 US median
Minnesota rank
#7
of 66 cities

Income needed for a 2-bedroom in Waite Park

Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 2-bedroom at the current median rent.

Annual income
$48,000
Monthly gross
$4,000
Hourly (full-time)
$23.08

Rent by apartment size in Waite Park

Compare Waite Park's median rent across every apartment size.

Studio
$890
1-Bedroom
$920
2-Bedroom (current)
$1,200
3-Bedroom
$1,570
4+ Bedroom
$1,870

Cheapest cities for a 2-bedroom in Minnesota

#City2-Bedroom rent
1Albert Lea$930
2Winona$950
3Moorhead$1,040
4Owatonna$1,040
5Austin$1,050
6Bemidji$1,090
7Waite Park (this page)$1,200
8Duluth$1,236
9Mankato$1,250
10Saint Cloud$1,273
11Victoria$1,273
12Rochester$1,368
13Anoka$1,401
14Northfield$1,460
15South Saint Paul$1,460

Most expensive cities for a 2-bedroom in Minnesota

#City2-Bedroom rent
1Woodbury$2,280
2Maple Grove$2,205
3Eden Prairie$2,170
4Lakeville$2,140
5Cottage Grove$2,130
6Edina$2,100
7Blaine$2,085
8Brooklyn Park$2,065
9Plymouth$2,063
10Savage$2,030
11Rosemount$2,030
12Minnetonka$2,000
13Wayzata$1,924
14Saint Louis Park$1,910
15Apple Valley$1,910

Nearby cities — 2-bedroom rent

Most nearby cities have similar or higher 2-bedroom rents than Waite Park.

CityDistance2-Bedroom rentvs Waite Park
Saint Cloud, MN4.7 mi$1,273+$73 (+6%)
Monticello, MN32.3 mi$1,630+$430 (+36%)
Buffalo, MN36.4 mi$1,470+$270 (+23%)
Saint Michael, MN44.1 mi$1,490+$290 (+24%)
Elk River, MN48.3 mi$1,520+$320 (+27%)
Rogers, MN52 mi$1,820+$620 (+52%)
Ramsey, MN58.3 mi$1,620+$420 (+35%)
Maple Grove, MN60.3 mi$2,205+$1,005 (+84%)
Victoria, MN61.3 mi$1,273+$73 (+6%)
Wayzata, MN63.4 mi$1,924+$724 (+60%)
Champlin, MN63.9 mi$1,880+$680 (+57%)
Plymouth, MN64.4 mi$2,063+$863 (+72%)

2-Bedroom rent in Waite Park — common questions

How much is a 2-bedroom apartment in Waite Park?

As of October 2026, the median 2-bedroom apartment rent in Waite Park, Minnesota is $1,200 per month. This is +5% higher than the citywide median of $1,143.

What income do you need to afford a 2-bedroom in Waite Park?

Using the standard 30% rent-to-income rule, you would need an annual income of about $48,000 ($4,000/month gross), which works out to roughly $23.08/hour at a full-time job.

Is Waite Park expensive for a 2-bedroom compared to the rest of the US?

Waite Park's 2-bedroom median of $1,200 is +28% below the national 2-bedroom median of $1,657. It ranks in the 20th percentile of US cities tracked.

How does Waite Park rank for 2-bedroom rent in Minnesota?

Among the 66 cities in Minnesota with 2-bedroom data, Waite Park ranks #7 from cheapest to most expensive.

Are there cheaper 2-bedroom options near Waite Park?

Most nearby cities have similar or higher 2-bedroom rents than Waite Park.

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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Waite Park, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (October 2026) and exclude cities with median rent below $400 or above $20,000.