Apartments in 56470

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3 Bedroom Home Apartment for rent in Park Rapids, MN
$1,100
606 Pleasant Ave S Park Rapids, MN
3 BR | Available Now
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$1,600
721 N Park Park Park Rapids, MN
4 BR | Available Now
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Apartments near 56470

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210 Park Ave Apartment for rent in Park Rapids, MN
$800
Park Rapids, MN
Studio | Available Now
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Find an Apartment in 56470
Looking for apartments for rent in 56470 Park Rapids, MN? You're in luck! Rentable currently has 2 units available for rent in this area.

Park Rapids, MN is a wonderful place to call home with its proximity to various points of interest and community amenities. Nearby parks such as Itasca State Park and Paul Bunyan State Forest provide beautiful natural landscapes for outdoor activities like hiking, fishing, and camping. The city also offers a range of community amenities such as shopping centers, restaurants, and recreational facilities to cater to your daily needs and entertainment desires.

Are you ready to find your dream apartment in 56470? Browse through Rentable's listings and discover the perfect rental that suits all your needs and preferences. Whether you're looking for a cozy studio or a spacious family home, Rentable has a diverse range of options to choose from. Start your search today and make Park Rapids, MN your new home.

Park Rapids:
July Rent Report

Welcome to the July 2025 Park Rapids Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the July 2025 key findings and figures for the Park Rapids rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Park Rapids 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 Park Rapids average rent prices in the chart below.

Monthly Rent Report

$1,150
$860
$580
$290
$0
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
Jan. 2025
Feb. 2025
Mar. 2025
Apr. 2025
May. 2025
Jun. 2025
Jul. 2025
1 BR       2 BR

Park Rapids Rent Prices Decrease From June to July

Park Rapids rent prices decreased over the last month. From June to July, the city experienced a 0.0% decrease for the price of a one-bedroom apartment. The rent price for a Park Rapids one-bedroom apartments currently stands at $800.0.

When we take a look at the two-bedroom comparison from June to July, Park Rapids experienced a 0.0% decrease for the price of a two-bedroom apartment. The rent price for a Park Rapids two-bedroom apartments currently stands at $930.0.

July Prices: Park Rapids vs. Surrounding Areas

Rent Prices in Park Rapids and Surrounding Areas

Rent prices have decreased in Park Rapids 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 Park Rapids 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 Park Rapids suburbs

  • Rents did not decrease in any of the Park Rapids suburbs.

July 2025 Pricing Trends: Park Rapids vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Pittsburgh, PA
Minneapolis, MN
$4,074
$3,214
$2,367
$2,295
$1,876
$1,370
$1,312
$1,250
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Park Rapids Rent Prices More Affordable Than Major Cities

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

The price for a Park Rapids 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 Park Rapids and surrounding area rent prices, take a look at the complete data set below.

Data set for Park Rapids and suburbs

1 BR July 1 BR M/M % Change 2 BR July 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.