Bedroom count
Property type
Last updated on July 21, 2026
Average rent in
Elk River, MN
Average rent in
Last updated on July 21, 2026
Bedroom count
Property type
Median rent
Median rent in Elk River
$1,662/mo
6%vs previous year
The average rent in Elk River is $1,662 per month as of July 2026. This is 15% below the national average rent, or $283 less per month.
average price per square foot
Total rentals
Available rentals in Elk River
13
for rent on Zumper.com as of July 2026
Rent price distribution
Share of Elk River rentals at each price point
This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Elk River, MN, in the last 30 days, rent estimates may not represent the actual market.
Rent trends in Elk River, MN
Average rent prices in Elk River have increased by 3% over the last month and have decreased by 6% since last year.
Rent trends
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Compare rent prices in
Elk River, MN
Rent prices in Elk River vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Elk River is $1,540, whereas a house costs $2,549. 1-bedroom apartments in Elk River run $1,500 on average, while 2-bedroom apartments are $1,588.
Listings | ||||
|---|---|---|---|---|
Studio | $1,430 | No Change |  28% | |
1 bedroom | $1,450 | 2% | 2% | |
2 bedroom | $1,575 | No Change | 3% | |
3 bedroom | $2,372 | 12% | 14% | |
4 bedroom | $3,200 | No Change | 18% |
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Elk River, MN.
Listings | ||||
|---|---|---|---|---|
Apartments | $1,540 | 1% | No Change | |
Condos | $2,000 | 6% | - | |
Houses | $2,549 | 14% | No Change |
Studio
Average rent
$1,430
Last year
28%
1 bedroom
Average rent
$1,450
Last 30 days
2%
Last year
2%
2 bedroom
Average rent
$1,575
Last 30 days
No Change
Last year
3%
3 bedroom
Average rent
$2,372
Last 30 days
12%
Last year
14%
4 bedroom
Average rent
$3,200
Last 30 days
No Change
Last year
18%
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Elk River, MN.
Apartments
Average rent
$1,540
Last 30 days
1%
Condos
Average rent
$2,000
Last 30 days
6%
Houses
Average rent
$2,549
Last 30 days
14%
The table above reflects average rent prices in Elk River, MN, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.
How does rent in Elk River, MN compare to other cities?
Compare median rent prices in Elk River and Andover by all bedroom counts and property types.
Elk River
15%lower than the national median
19%lower than the national median
Takeaway
The median rent for all rentals in Elk River, MN is 6% higher than the median rent in Andover, MN.
Average rent in nearby cities
Explore rent trends in neighboring markets
$1,569
44%$1,394
11%$1,562
18%$1,239
9%$1,369
1%$1,775
$1,950
12%$1,445
2%$1,955
20%$1,854
2%$1,762
6%$1,250
1%Discover rentals in Elk River, MN
5h ago
365 Baldwin Ave Nw, Elk River, MN 55330
2 beds
1 bath
$1,300
Apartment for rent
Available Apr 28
4d ago
Condo for rent in Elk River
942 Main St Nw #104, Elk River, MN 55330
2 beds
1 bath
$1,425
Condo for rent
1d ago
1001 School St Nw, Elk River, MN 55330
2 beds
1–2 baths
$1,450–$1,495
Apartment for rent
5d+ ago
House for rent in Elk River
3 beds
2 baths
$1,995
House for rent
3d ago
341 Evans Ave Nw, Elk River, MN 55330
1–2 beds
1–2 baths
$1,655–$3,414
Apartment for rent
1d ago
725 6th St Nw, Elk River, MN 55330
Studio–3 beds
1–2 baths
$1,170–$1,863
Apartment for rent
4d ago
633 Main St Nw, Elk River, MN 55330
1 bed
2 baths
$1,835
Apartment for rent
13h ago
1105 Lions Park Dr Nw, Elk River, MN 55330
1–3 beds
1–2 baths
$1,378–$1,820
Apartment for rent
5d+ ago
Verified
19309 Upland St Nw, Elk River, MN 55330
4 beds
2 baths
$2,895
$2,710
Price drop
House for rent
Available Jun 25
5d+ ago
Verified
3 beds
2.5 baths
$2,695
House for rent
13h ago
1105 Lions Park Dr Nw, Elk River, MN 55330
1–3 beds
1–2 baths
$1,378–$1,820
Apartment for rent
1d ago
725 6th St Nw, Elk River, MN 55330
Studio–3 beds
1–2 baths
$1,170–$1,863
Apartment for rent
5d+ ago
Verified
3 beds
2.5 baths
$2,695
House for rent
5d+ ago
Verified
19309 Upland St Nw, Elk River, MN 55330
4 beds
2 baths
$2,895
$2,710
Price drop
House for rent
Available Jun 25
5d+ ago
Townhouse for rent in Elk River
15567 87th Ln Ne, Elk River, MN 55330
3 beds
3 baths
$2,550
$2,450
Price drop
House for rent
Available Aug 1
13h ago
1105 Lions Park Dr Nw, Elk River, MN 55330
1–3 beds
1–2 baths
$1,378–$1,820
Apartment for rent
5d+ ago
Verified
19309 Upland St Nw, Elk River, MN 55330
4 beds
2 baths
$2,895
$2,710
Price drop
House for rent
Available Jun 25
13h ago
1105 Lions Park Dr Nw, Elk River, MN 55330
3 beds
2 baths
$1,820
Apartment for rent
4d ago
725 6th St Nw, Elk River, MN 55330
1–3 beds
1–2 baths
$1,250–$1,863
Apartment for rent
5d+ ago
Townhouse for rent in Elk River
15567 87th Ln Ne, Elk River, MN 55330
3 beds
3 baths
$2,550
$2,450
Price drop
House for rent
Available Aug 1
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Frequently asked questions for Elk River, MN
Quick answers to common questions about the Elk River rental market.
How much is rent in Elk River?
The average rent in Elk River is $1,662 per month as of July 18, 2026.
Is rent up or down in Elk River?
Average rent prices in Elk River have increased by 3% over the last month and have decreased by 6% since last year.
How does Elk River rent compare to the national average?
Rent in Elk River is 15% below the national average, which means renters are paying approximately $283 less per month.
What salary do I need to afford rent in Elk River?
To comfortably afford rent in Elk River, you'd need to earn approximately $66,000/year, based on spending no more than 30% of your income on rent.
When is the best time of year to rent in Elk River?
Based on our current listings, Elk River is very welcoming to pet owners, with 78% of rental apartments accommodating pets. With about 46 listings available monthly, this works out to roughly 36 pet-friendly apartments each month.
Methodology
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).