- US
- Minnesota
- St. Louis County
- Mountain Iron city
Average Rent in Mountain Iron, MN
Apartments & Houses by Size
Rentometer, Inc. | Data as of 09/11/2026
See what properties are renting for on your street
Go beyond area averages and get accurate rent estimates for any address.
Mountain Iron, nestled in the heart of Minnesotaâs historic Iron Range, blends smallâtown charm with easy access to abundant outdoor recreation. Residents enjoy proximity to the scenic Lake Vermilion, the rugged beauty of the Mesabi Range, and a vibrant downtown that features locally owned restaurants, craft breweries, and seasonal festivals. The cityâs wellâmaintained parks, such as RouchleauâŻPark, and nearby snowâshoe trails make it a yearâround destination for families and outdoor enthusiasts alike.
The rental market in Mountain Iron is anchored by a variety of apartment options, ranging from efficient oneâbedroom units to more spacious twoâbedroom layouts. Rent typically falls in the $800s for oneâbedroom apartments and around the $1100 range for twoâbedroom homes, reflecting the cityâs affordable costâofâliving advantage while still offering modern amenities. With most rentals concentrated in convenient neighborhoods like the historic downtown district and the newer RiverâŻSide community, tenants benefit from short commutes to schools, healthcare facilities, and major retail corridors.
Beyond housing, Mountain Iron offers a welcoming community atmosphere supported by highly regarded schools and reliable public transportation that connects to the broader QuadâCities region. Ongoing development projects aim to enhance local infrastructure and expand recreational amenities, positioning the city for steady growth. Whether youâre seeking a quiet retreat close to nature or a vibrant community with strong local ties, Mountain Iron provides an appealing blend of affordable rentals and quality of life.
Go beyond averages. Get answers for your property.
-
See what nearby properties rent for
Real rental listings and comps at the street level
-
Get an instant rent estimate
Enter any address for an accurate estimate in seconds
-
Generate a Pro Report
Branded PDF reports for clients, lenders, or owners
-
Analyze areas with confidence
Compare neighborhoods and trends with powerful data
See what properties are renting for on your street
Enter an address to instantly view nearby rental comps and get an accurate rent estimate.
- Real rental listings
- Street-level data
- Instant results
Need a professional rent report?
Create branded reports with comps, statistics, and insights.
- Comparable rental listings
- Market statistics & trends
- Branded PDF reports
- Perfect for clients, lenders & owners
About this data
Rent statistics, listings analysis, and visualizations on this page are produced by Rentometer, Inc.
If you cite, share, or republish data from this report, please credit Rentometer.