Bedroom count
Property type
Last updated on September 5, 2026
Average rent in
Elko New Market, MN
Average rent in
Last updated on September 5, 2026
Bedroom count
Property type
Median rent
Median rent in Elko New Market
$1,850/mo
The average rent in Elko New Market is $1,850 per month as of August 2026. This is 3% below the national average rent, or $60 less per month.
average price per square foot
Total rentals
Available rentals in Elko New Market
12
for rent on Zumper.com as of August 2026
Rent price distribution
Share of Elko New Market rentals at each price point
This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Elko New Market, MN, in the last 30 days, rent estimates may not represent the actual market.
Rent trends in Elko New Market, MN
Average rent prices in Elko New Market have decreased by 5% over the last month.
Rent trends
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Compare rent prices in
Elko New Market, MN
Rent prices in Elko New Market vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Elko New Market is $1,372, whereas a house costs $2,490. 1-bedroom apartments in Elko New Market run $1,195 on average, while 2-bedroom apartments are $1,615.
Listings | ||||
|---|---|---|---|---|
Studio | $1,195 | - | - | |
1 bedroom | $1,195 | - | - | |
2 bedroom | $1,600 | - | - | |
3 bedroom | $2,550 |  3% | - | |
4 bedroom | $3,249 |  1% | - |
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 Elko New Market, MN.
Listings | ||||
|---|---|---|---|---|
Apartments | $1,372 | - | No Change | |
Houses | $2,490 | 1% | No Change |
Studio
Average rent
$1,195
1 bedroom
Average rent
$1,195
2 bedroom
Average rent
$1,600
3 bedroom
Average rent
$2,550
Last 30 days
3%
4 bedroom
Average rent
$3,249
Last 30 days
1%
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 Elko New Market, MN.
Apartments
Average rent
$1,372
Houses
Average rent
$2,490
Last 30 days
1%
The table above reflects average rent prices in Elko New Market, 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 Elko New Market, MN compare to other cities?
Compare median rent prices in Elko New Market and Carver by all bedroom counts and property types.
Elko New Market
3%lower than the national median
12%lower than the national median
Takeaway
The median rent for all rentals in Elko New Market, MN is 10% higher than the median rent in Carver, MN.
Average rent in nearby cities
Explore rent trends in neighboring markets
$1,680
31%$1,250
2%$1,599
11%$1,535
24%$1,963
15%$1,795
4%$2,130
$1,345
56%$1,775
23%$1,330
10%$1,347
27%$1,950
12%Discover rentals in Elko New Market, MN
5d+ ago
House for rent in Elko New Market
10415 Ponds Way, Elko New Market, MN 55020
4 beds
3.5 baths
$2,850
House for rent
Available Jun 1
5d+ ago
House for rent in Elko New Market
10415 Ponds Way, Elko New Market, MN 55020
4 beds
3.5 baths
$2,850
House for rent
Available Jun 1
Stay up to date with rental market insights
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Frequently asked questions for Elko New Market, MN
Quick answers to common questions about the Elko New Market rental market.
How much is rent in Elko New Market?
The average rent in Elko New Market is $1,850 per month as of August 29, 2026.
Is rent up or down in Elko New Market?
Average rent prices in Elko New Market have decreased by 5% over the last month.
How does Elko New Market rent compare to the national average?
Rent in Elko New Market is 3% below the national average, which means renters are paying approximately $60 less per month.
What salary do I need to afford rent in Elko New Market?
To comfortably afford rent in Elko New Market, you'd need to earn approximately $74,000/year, based on spending no more than 30% of your income on rent.
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).