Last updated on November 2, 2026

Average rent in
Minnesota School of Business Elk River, MN

Median rent

Median rent in Ramsey

$1,760/mo

increased by1%

vs previous year

The average rent in Ramsey is $1,760 per month as of October 2026. This is 7% below the national average rent, or $140 less per month.

$1.56

average price per square foot

Total rentals

Available rentals in Ramsey

31

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Ramsey rentals at each price point

65%49%33%16%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Minnesota School of Business Elk River, MN

Average rent prices in Ramsey have increased by 1% since last year. At this time, we don't have enough information to generate yearly trends. Please see below for more rent price details.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Minnesota School of Business Elk River, MN

Rent prices in Ramsey vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Ramsey is $1,686, whereas a house costs $2,395. 1-bedroom apartments in Ramsey run $1,537 on average, while 2-bedroom apartments are $1,793.

Listings

Studio

$1,220

-

2%

1 bedroom

$1,537

-

6%

2 bedroom

$1,794

-

2%

3 bedroom

$2,295

-

11%

4 bedroom

$2,655

-

-

Studio

Average rent

$1,220

Last year

2%

1 bedroom

Average rent

$1,537

Last year

6%

2 bedroom

Average rent

$1,794

Last year

2%

3 bedroom

Average rent

$2,295

Last year

11%

4 bedroom

Average rent

$2,655

The table above reflects average rent prices in Minnesota School of Business 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.

Discover rentals in Minnesota School of Business Elk River, MN

543 5th St Nw #1 - Photo 1 of 1

5d+ ago

Apartment for rent in Elk River

Elk River Apt Homes

543 5th St Nw #1, Elk River, MN 55330

2 beds

1 bath

$1,295

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Lake Orono Estates - Photo 1 of 1

3d ago

9.3

Excellent

Our team has verified this company

Verified

Lake Orono Estates

18594 Gary St Nw, Elk River, MN 55330

2 beds

1 bath

$1,300

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Call

365 Baldwin Ave NW - Photo 1 of 1

5d+ ago

7.8

Very good

365 Baldwin Ave NW

365 Baldwin Ave Nw, Elk River, MN 55330

2 beds

1 bath

$1,300

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
7816 Langley Ave - Photo 1 of 1

3d ago

House for rent in Elk River

Beautiful 4 bedroom 2 bathroom Home in Elk River MN

7816 Langley Ave, Elk River, MN 55330

4 beds

2 baths

$1,750

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Minnesota School of Business Elk River, MN

Quick answers to common questions about the Ramsey rental market.

How much is rent in Ramsey?

The average rent in Ramsey is $1,760 per month as of October 31, 2026.

Is rent up or down in Ramsey?

Average rent prices in Ramsey have increased by 1% since last year.

How does Ramsey rent compare to the national average?

Rent in Ramsey is 7% below the national average, which means renters are paying approximately $140 less per month.

What salary do I need to afford rent in Ramsey?

To comfortably afford rent in Ramsey, you'd need to earn approximately $70,000/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).

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