Rent in Grand Rapids, MN
Across Grand Rapids's 2 ZIP codes, a 2-bedroom typically rents for about $1,132 a month, with figures from $1,099–$1,164. The highest typical rent is in 55745 ($1,164) and the lowest in 55744 ($1,099). 1 ZIP has ZIP-level figures from HUD or Census; the other 1 uses the county Fair Market Rent. Owner-occupied homes in Itasca County pay about 0.86% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $811 | $811 | 2 |
| 1 bed | $847 | $770–$924 | 2 |
| 2 beds | $1,132 | $1,099–$1,164 | 2 |
| 3 beds | $1,429 | $1,348–$1,509 | 2 |
| 4 beds | $1,885 | $1,635–$2,134 | 2 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Grand Rapids ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Grand Rapids, MN?
- About $1,132 a month: the median of the typical rents in 2 ZIP codes, which range from $1,099–$1,164. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Grand Rapids, MN?
- About $847 a month: the median of the typical rents in 2 ZIP codes, which range from $770–$924. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Grand Rapids, MN?
- About $1,429 a month: the median of the typical rents in 2 ZIP codes, which range from $1,348–$1,509. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Grand Rapids, MN?
- About $811 a month: the median of the typical rents in 2 ZIP codes, which range from $811. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Grand Rapids, MN?
- About $1,885 a month: the median of the typical rents in 2 ZIP codes, which range from $1,635–$2,134. Figures are gross rent (rent plus tenant-paid utilities).
- Which Grand Rapids ZIP code has the highest rent?
- For a 2-bedroom, 55745 has the highest typical rent at $1,164 a month, and 55744 the lowest at $1,099.
- What is the property tax rate in Grand Rapids, MN?
- Owner-occupied homes in Itasca County pay a typical 0.86% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Grand Rapids rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).