Rent in Wheaton, MN
A 2-bedroom in Wheaton, MN (ZIP 56296) typically rents for about $655 a month, with a range of $655–$1,014. Owner-occupied homes in Traverse 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 | $706 | $706 | 1 |
| 1 bed | $529 | $529–$805 | 1 |
| 2 beds | $655 | $655–$1,014 | 1 |
| 3 beds | $781 | $781–$1,404 | 1 |
| 4 beds | $1,695 | $1,695 | 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).
Wheaton ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Wheaton, MN?
- About $655 a month: the median of the typical rents in 1 ZIP code, which range from $655–$1,014. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Wheaton, MN?
- About $529 a month: the median of the typical rents in 1 ZIP code, which range from $529–$805. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Wheaton, MN?
- About $781 a month: the median of the typical rents in 1 ZIP code, which range from $781–$1,404. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Wheaton, MN?
- About $706 a month: the median of the typical rents in 1 ZIP code, which range from $706. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Wheaton, MN?
- About $1,695 a month: the median of the typical rents in 1 ZIP code, which range from $1,695. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Wheaton, MN?
- Owner-occupied homes in Traverse 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 Wheaton rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).