Rent in Round Lake, MN
A 2-bedroom in Round Lake, MN (ZIP 56167) typically rents for about $1,076 a month, with a range of $1,076. There are no ZIP-level rent figures here, so these use the HUD Fair Market Rent for Nobles County. Owner-occupied homes in Nobles County pay about 0.99% 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 | $749 | $749 | 1 |
| 1 bed | $488 | $488–$823 | 1 |
| 2 beds | $1,076 | $1,076 | 1 |
| 3 beds | $1,426 | $1,426 | 1 |
| 4 beds | $1,508 | $1,508 | 1 |
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).
Round Lake ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Round Lake, MN?
- About $1,076 a month: the median of the typical rents in 1 ZIP code, which range from $1,076. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Round Lake, MN?
- About $488 a month: the median of the typical rents in 1 ZIP code, which range from $488–$823. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Round Lake, MN?
- About $1,426 a month: the median of the typical rents in 1 ZIP code, which range from $1,426. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Round Lake, MN?
- About $749 a month: the median of the typical rents in 1 ZIP code, which range from $749. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Round Lake, MN?
- About $1,508 a month: the median of the typical rents in 1 ZIP code, which range from $1,508. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Round Lake, MN?
- Owner-occupied homes in Nobles County pay a typical 0.99% 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 Round Lake rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).