Ely MN Apartments

1 rentals

Apartments For Rent Near Ely, MN

We found 1 more apartment matching your filters just outside Ely

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 for a apartment decreased in Jul 2026 compared to the previous month. Rent for apartments peaked in Oct 2025.
MonthAverage rent
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
Jun 2026$1,190
Jul 2026$1,095
View as a graph

Average Rent By Bedroom and Home Type

In July 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
1 bed2 beds3 beds4 bedsAll
All home types—$1,000$1,425—$1,190
Apartments and Condos—$1,000——$1,000
Houses——$1,425—$1,425
See more information about local market trends in Ely, MN

Frequently Asked Questions about Apartments and Condos for rent in Ely, MN

  • What is the average rent of an apartment in Ely, MN?
    The average rent of an apartment in Ely, MN is $1,095 per month. This is about 44% lower than the national average.
  • When is the average rent for an apartment 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 for an apartment 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 apartments or condos are available to rent in Ely, MN?
    There are 2 available apartments or condos to rent 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.
View this page in Spanish: Ely, MN Apartamentos - 4 Apartamentos | Trulia