Cheap Apartments for Rent in Elk River, MN
17 rentals
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Use arrow keys to navigatePET FRIENDLYINCOME RESTRICTED$1,378 - $1,820/mo
1-3 Beds
1-2 BathsDove Tree Apartments | 1105 Lions Park Dr NW #207,
Elk River, MN 55330
Use arrow keys to navigatePET FRIENDLYINCOME RESTRICTED$1,425 - $1,645/mo2-3 Beds1-2 BathsDove Terrace Apartments | 1227 School St NE #ee703ee06,
Elk River, MN 55330
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Apartments For Rent Near Elk River, MN
We found 18 more apartments matching your filters just outside Elk River
Use arrow keys to navigate$830 - $955/mo1-3 Beds1 BathPheasant Ridge Apartments | 5331-5337 Barthel Industrial Dr NE #13072148,
Albertville, MN 55301
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SPECIAL OFFERPET FRIENDLYTotal price$2,862 - $3,582/mo2-4 Beds2-3 BathsThe Preserve at Albertville | 5055 Lander Ave NE #11371S,
Albertville, MN 55301
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Average Rent Trends in 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 increased in Jul 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Aug 2025 | $2,195 |
| Sep 2025 | $2,295 |
| Oct 2025 | $1,499 |
| Nov 2025 | $1,466 |
| Dec 2025 | $1,830 |
| Jan 2026 | $1,484 |
| Feb 2026 | $1,797 |
| Mar 2026 | $1,866 |
| Apr 2026 | $1,638 |
| May 2026 | $1,751 |
| Jun 2026 | $1,552 |
| Jul 2026 | $1,730 |
Average Rent By Bedroom and Home Type
In July 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 | $1,540 | $1,830 | $2,895 | $1,750 |
| Townhomes | — | $2,200 | — | — | $2,200 |
| Apartments and Condos | — | $1,275 | — | — | $1,275 |
| Houses | — | — | $2,695 | $2,895 | $2,900 |
Frequently Asked Questions about Rentals in Elk River, MN
- What is the average rent of an apartment in Elk River, MN?The average rent of an apartment in Elk River, MN is $1,463 per month. This is about 25% lower than the national average.
- When is the average rent cheapest in Elk River, MN?In the last year, the average rent in Elk River, MN was lowest in Nov 2025 when it was $1,466 per month.
- When is the average rent most expensive in Elk River, MN?In the last year, the average rent in Elk River, MN was highest in Jul 2025 when it was $2,350 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 $1,378 per month. That is about $208 more than the cost of a studio apartment.
- How many available rental listings are in Elk River, MN?There are 23 available rental listings 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.
View this page in Spanish: Apartamentos baratos en renta en Elk River, MN - 49 Rentas | Trulia