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Rent in Tower, MN

A 2-bedroom in Tower, MN (ZIP 55790) typically rents for about $1,207 a month, with a range of $1,207. There are no ZIP-level rent figures here, so these use the HUD Fair Market Rent for St. Louis County. Owner-occupied homes in St. Louis County pay about 1.03% 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

Typical monthly rent in Tower, MN by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$841$8411
1 bed$550$550–$9611
2 beds$1,207$1,2071
3 beds$838$838–$1,6711
4 beds$1,094$1,094–$2,0171

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).

Tower ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Tower, MN?
About $1,207 a month: the median of the typical rents in 1 ZIP code, which range from $1,207. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Tower, MN?
About $550 a month: the median of the typical rents in 1 ZIP code, which range from $550–$961. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Tower, MN?
About $838 a month: the median of the typical rents in 1 ZIP code, which range from $838–$1,671. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Tower, MN?
About $841 a month: the median of the typical rents in 1 ZIP code, which range from $841. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Tower, MN?
About $1,094 a month: the median of the typical rents in 1 ZIP code, which range from $1,094–$2,017. Figures are gross rent (rent plus tenant-paid utilities).
What is the property tax rate in Tower, MN?
Owner-occupied homes in St. Louis County pay a typical 1.03% 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 Tower rent figures come from?
Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).