Luxury Apartments for Rent in Ely, MN
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Apartments For Rent Near Ely, MN
We found 1 more apartment matching your filters just outside Ely
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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 decreased in Jun 2026 compared to the previous month. Rent previously peaked in Oct 2025.
| Month | Average rent |
|---|---|
| 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 |
| Jun 2026 | $1,190 |
Average Rent By Bedroom and Home Type
In June 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | — | $1,190 | $1,425 | — | $1,190 |
| Apartments and Condos | — | $1,000 | — | — | $1,000 |
| Houses | — | — | $1,425 | — | $1,425 |
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 $1,190 per month. This is about 39% lower than the national average.
- What is the average rent of a house in Ely, MN?The average rent of a house in Ely, MN is $1,425 per month. This is about 27% 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 2 available rental listings in Ely, MN.
- What are some zip codes in Ely, MN?
- What are some cities near Ely, MN?