Rent in Plato, MN
A 2-bedroom in Plato, MN (ZIP 55370) typically rents for about $1,073 a month, with a range of $1,073. There are no ZIP-level rent figures here, so these use the HUD Fair Market Rent for McLeod County. Owner-occupied homes in McLeod County pay about 1.15% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $882 | $882 | 1 |
| 1 bed | $951 | $951 | 1 |
| 2 beds | $1,073 | $1,073 | 1 |
| 3 beds | $1,278 | $1,278 | 1 |
| 4 beds | $1,593 | $1,593 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD county Fair Market Rents (Oct 1, 2026).
Plato ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Plato, MN?
- About $1,073 a month: the median of the typical rents in 1 ZIP code, which range from $1,073. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Plato, MN?
- About $951 a month: the median of the typical rents in 1 ZIP code, which range from $951. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Plato, MN?
- About $1,278 a month: the median of the typical rents in 1 ZIP code, which range from $1,278. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Plato, MN?
- About $882 a month: the median of the typical rents in 1 ZIP code, which range from $882. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Plato, MN?
- About $1,593 a month: the median of the typical rents in 1 ZIP code, which range from $1,593. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Plato, MN?
- Owner-occupied homes in McLeod County pay a typical 1.15% 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 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Plato rent figures come from?
- HUD county Fair Market Rents (Oct 1, 2026).