What's the average rent in Elgin, MN?

Rental Market Trends in Elgin, MN

SOURCE: TRULIA DATA

Rental market highlights

As of June 2026, the average rent in Elgin, MN is $750 per month, which is 62% lower than the national average rent of $1,951 per month.

AVERAGE RENT

$750
-66.7%
-$1,500 decrease month-over-month
-68.8%
-$1,650 decrease year-over-year

AVAILABLE RENTALS

2

APARTMENTS

HOUSES

TOWNHOUSES

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom
2 Bedrooms$750
3 Bedrooms
4 Bedrooms$2,250
All$750
As of June 2026, the average rent for a 2 bedroom rental in Elgin, MN is $750 per month, followed by $2,250 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has decreased by -25% compared to the previous year, which is a $245 decrease.
This year (2026)
Last year (2025)

Rent distribution

100% of rentals have rent of $2,200-$2,999/month

Rental price range

The price range for rentals is $2,250 to $2,250.
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