New Houses for Rent in Lake Elmo, MN
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Apartments For Rent Near Lake Elmo, MN
We found 30 more apartments matching your filters just outside Lake Elmo
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Average Rent Trends in Lake Elmo, MN
Rent in Lake Elmo, MN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Mar 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,800 |
| Jul 2025 | $4,895 |
| Aug 2025 | $4,500 |
| Sep 2025 | $3,750 |
| Oct 2025 | $3,900 |
| Nov 2025 | $4,200 |
| Dec 2025 | $4,500 |
| Jan 2026 | $4,500 |
| Feb 2026 | $3,600 |
| Mar 2026 | $4,200 |
| Apr 2026 | $4,200 |
| May 2026 | $4,133 |
Average Rent By Bedroom and Home Type
In May 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 | $1,679 | $1,895 | $2,305 | $4,000 | $1,999 |
| Townhomes | — | $1,922 | $2,698 | — | $2,699 |
| Apartments and Condos | — | $1,650 | $1,999 | — | $1,900 |
| Houses | — | $1,928 | — | $4,000 | $4,000 |
Frequently Asked Questions about Houses for rent in Lake Elmo, MN
- What is the average rent of a house in Lake Elmo, MN?The average rent of a house in Lake Elmo, MN is $4,000 per month. This is about 107% higher than the national average.
- When is the average rent cheapest in Lake Elmo, MN?In the last year, the average rent in Lake Elmo, MN was lowest in Apr 2025 when it was $750 per month.
- When is the average rent most expensive in Lake Elmo, MN?In the last year, the average rent in Lake Elmo, MN was highest in Mar 2025 when it was $4,975 per month.
- How many houses are available to rent in Lake Elmo, MN?There are 4 available houses to rent in Lake Elmo, MN.
- What are some zip codes in Lake Elmo, MN?Lake Elmo, MN includes zip codes such as: 55042.
- What are some cities near Lake Elmo, MN?Some nearby cities include: Oakdale, Pine Springs, Landfall Village, Oak Park Heights, Willernie. These cities may have more rental options to explore.