Apartments For Rent in Ely, MN

1 rentals

Apartments For Rent Near Ely, MN

We found 2 more apartments matching your filters just outside Ely

What Locals Say about Ely

  • Mavericksells
    "Ely is surrounded by forests and it’s a lovely, peaceful place to reside. There are wonderful restaurants, shops, a great movie theater and a variety of outdoor activities to choose from year round. "
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  • Derek H.
    "Ely is located at the end of the road. No roads go to much further north due to the boundary waters canoe area which strictly prohibits dwellings or any man made structures. Ely can seem like a long way from anywhere at times and the community recognizes this and most willing are willing to help whoever and whenever the need may arise. We take care of our own and then some . "
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  • Jennifer P.
    "Don't move here if you don't like being out in the woods. ppl on this town take care of each other. even if you're new. as long as you show you want to be part of Ely. "
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  • Jennifer P.
    "as a new comer to ely try to get into activities around town, especially if you have younger children who are not school age. jobs are not always easy to find and though the cost of living is fairly low you do money can get tight quickly. ely is a nice town but it's hard on you too. more work for less. your kids are safe here but still know who you're talking to before hand."
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  • Rvhall
    "There is no public transport in this neighborhood , but Arrowhead transport does run in town for a nominal fee and there are weekly trips to Virginia Mn."
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  • Lora L.
    "We have cab service and in town bus service. It’s a 25 block walk from first place in town to last. Generally, the city park,police,fire,library dot,and shopping district are within 8 blocks from anywhere."
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Average Rent Trends in Ely, MN

Rent in Ely, MN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Oct 2025.
MonthAverage rent
Jun 2025$1,051
Jul 2025$1,047
Aug 2025$1,114
Sep 2025$1,215
Oct 2025$1,218
Nov 2025$1,190
Dec 2025$1,190
Jan 2026$1,190
Feb 2026$1,190
Mar 2026$1,190
Apr 2026$1,190
May 2026$1,265
View as a graph

Average Rent By Bedroom and Home Type

1 bed2 beds3 beds4 bedsAll
All home types—$1,190$1,265—$1,265
See more information about local market trends in Ely, MN

Frequently Asked Questions about Rentals in Ely, MN

  • What is the average rent of an apartment in Ely, MN?
    The average rent of an apartment in Ely, MN is $1,265 per month. This is about 34% lower than the national average.
  • When is the average rent cheapest in Ely, MN?
    In the last year, the average rent in Ely, MN was lowest in Jul 2025 when it was $1,047 per month.
  • When is the average rent most expensive in Ely, MN?
    In the last year, the average rent in Ely, MN was highest in Oct 2025 when it was $1,218 per month.
  • How many available rental listings are in Ely, MN?
    There are 1 available rental listings in Ely, MN.
  • What are some zip codes in Ely, MN?
    Ely, MN includes zip codes such as: 55731, 55732, 55782, 55796.
  • What are some cities near Ely, MN?
    Some nearby cities include: Winton, Babbitt, Soudan, Tower, Isabella. These cities may have more rental options to explore.