What is the average rent of an apartment in Elk River, MN?

The average rent of an apartment in Elk River, MN is $1,448 per month. This is about 26% lower than the national average.

When is the average rent for an apartment cheapest in Elk River, MN?

In the last year, the average rent in Elk River, MN was lowest in Dec 2025 when it was $1,240 per month.

In the last year, the average rent in Elk River, MN was highest in May 2025 when it was $1,675 per month.

The average rent of a 1 bedroom apartment in Elk River, MN is $1,386 per month. That is about $216 more than the cost of a studio apartment.

There are 15 available apartments or condos to rent in Elk River, MN.

Elk River, MN includes zip codes such as: 55330 .

Some nearby cities include: Otsego , Ramsey , Zimmerman , Albertville , Big Lake . These cities may have more rental options to explore.

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PET FRIENDLY
INCOME RESTRICTED
$1,378 - $1,540/mo
1-2 Beds
1 Bath
Dove Tree Apartments | 1105 Lions Park Dr NW,
Elk River, MN 55330
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NEW - 1 DAY AGO
PET FRIENDLY
$1,640 - $1,896/mo
1-2 Beds
1-2 Baths
Evans Meadows | 341 Evans Ave NW,
Elk River, MN 55330
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PET FRIENDLY
$1,992 - $2,262/mo
Total price
2 Beds
2 Baths
Granite Shores | 633 Main St NW,
Elk River, MN 55330
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PET FRIENDLY
INCOME RESTRICTED
$1,425 - $1,645/mo
2-3 Beds
1-2 Baths
Dove Terrace Apartments | 1227 School St NE,
Elk River, MN 55330
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PET FRIENDLY
INCOME RESTRICTED
$1,450/mo
2 Beds
1 Bath
19522 Holt St NW #116,
Elk River, MN 55330
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INCOME RESTRICTED
$1,580/mo
2 Beds
2 Baths
10653 172nd Ave NW #2B-2Ba-1018Sqft,
Elk River, MN 55330
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PET FRIENDLY
$1,043 - $1,250/mo
2 Beds
1 Bath
Pineview Estates | 23 3rd St NW,
Elk River, MN 55330
$1,300/mo
2 Beds
1 Bath
900 sqft
365 Baldwin Ave NW #101,
Elk River, MN 55330
$1,300/mo
2 Beds
1 Bath
900 sqft
365 Baldwin Ave NW #201,
Elk River, MN 55330
$1,050/mo
2 Beds
1 Bath
800 sqft
379 Baldwin Ave NW #G5,
Elk River, MN 55330
$1,300/mo
2 Beds
1 Bath
365 Baldwin Ave NW,
Elk River, MN 55330
INCOME RESTRICTED
$1,954/mo
3 Beds
2 Baths
17250 Twin Lake Rd NW #1ee467d6b,
Elk River, MN 55330
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Apartments For Rent Near Elk River, MN

Rent in Elk River, MN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.

Average rent for a apartment decreased in Aug 2026 compared to the previous month. Rent for apartments peaked in May 2025.

View as a graph

In August 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.

	1 bed	2 beds	3 beds	4 beds	All
All home types	$1,378	$1,425	$1,868	$2,200	$1,535
Townhomes	—	—	—	$2,200	$2,200
Apartments and Condos	—	$1,300	—	—	$1,300
Houses	—	—	$1,995	—	$2,900

What is the average rent of an apartment in Elk River, MN?
The average rent of an apartment in Elk River, MN is $1,448 per month. This is about 26% lower than the national average.
When is the average rent for an apartment cheapest in Elk River, MN?
In the last year, the average rent in Elk River, MN was lowest in Dec 2025 when it was $1,240 per month.
When is the average rent for an apartment most expensive in Elk River, MN?
In the last year, the average rent in Elk River, MN was highest in May 2025 when it was $1,675 per month.
How does the rent of a 1 bedroom apartment compare to a studio apartment in Elk River, MN?
The average rent of a 1 bedroom apartment in Elk River, MN is $1,386 per month. That is about $216 more than the cost of a studio apartment.
How many apartments or condos are available to rent in Elk River, MN?
There are 15 available apartments or condos to rent in Elk River, MN.
What are some zip codes in Elk River, MN?
Elk River, MN includes zip codes such as: 55330.
What are some cities near Elk River, MN?
Some nearby cities include: Otsego, Ramsey, Zimmerman, Albertville, Big Lake. These cities may have more rental options to explore.