Apartments in Hermantown

1 - 5 of 5 Results
2
$2,995 - 3,050
4498 Ugstad Rd Hermantown, MN
2 - 3 BR | May. 14, 2026
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2
$1,450 - 1,750
4877 W Arrowhead Rd Hermantown, MN
1 - 2 BR | Available Now
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Fitness Center
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Disability Access
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20
$4,500
Hermantown, MN
4 BR | Jun. 1, 2026
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17
$2,295
Saginaw, MN
2 BR | Apr. 1, 2026
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Air Conditioning
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0
$3,200
4373 Lavaque Rd Hermantown, MN
3 BR | Available Now
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1 - 5 of 5 Results
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How much does it cost to rent an apartment in Hermantown?

Hermantown Apartments
Bed Type Average Rent Range
1BR $1,450 $1,450 - $1,450
2BR $1,700 $1,700 - $3,000
3BR $3,130 $3,050 - $3,200

Search Cities Near Hermantown, MN

Hermantown:
March Rent Report

Welcome to the March 2026 Hermantown Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2026 key findings and figures for the Hermantown rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Hermantown and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Hermantown average rent prices in the chart below.

Monthly Rent Report

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1 BR       2 BR

Hermantown Rent Prices Decrease From February to March

Hermantown rent prices decreased over the last month. From February to March, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a Hermantown one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from February to March, Hermantown experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Hermantown two-bedroom apartments currently stands at $.

March Prices: Hermantown vs. Surrounding Areas

Rent Prices in Hermantown and Surrounding Areas

Rent prices have decreased in Hermantown over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Hermantown suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Hermantown suburbs

  • Rents did not decrease in any of the Hermantown suburbs.

March 2026 Pricing Trends: Hermantown vs. National Comparisons

Hermantown Rent Prices More Affordable Than Major Cities

Rent growth in Hermantown over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Hermantown average rent prices appear to be relatively affordable for local residents.

The price for a Hermantown one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Hermantown and surrounding area rent prices, take a look at the complete data set below.

Data set for Hermantown and suburbs

1 BR March 1 BR M/M % Change 2 BR March 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.