New Townhomes 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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NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY$2,825 - $3,884/mo
2-4 Beds
3-4 BathsFoxtail Hollow Townhomes | 2445 120th Cir NE,
Minneapolis, MN 55449
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NEW - 2 DAYS AGOSPECIAL OFFERPET FRIENDLY$3,039 - $3,333/mo3 Beds3 BathsField and Grove Townhomes of Champlin | 11902 Emery Oaks Ln N,
Champlin, MN 55316
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NEW - 2 DAYS AGOSPECIAL OFFERPET FRIENDLYTotal price$1,734 - $3,538/mo1-4 Beds1-3 BathsGrand Reserve | 10285 Grand Forest Ln,
Saint Paul, MN 55129
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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 for a townhome decreased in Nov 2026 compared to the previous month. Rent for townhomes peaked in Dec 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $2,495 |
| Nov 2025 | $2,869 |
| Dec 2025 | $2,900 |
| Jan 2026 | $2,900 |
| Apr 2026 | $2,700 |
| May 2026 | $2,700 |
| Jun 2026 | $2,695 |
| Jul 2026 | $2,550 |
| Aug 2026 | $2,495 |
| Sep 2026 | $2,850 |
| Oct 2026 | $2,499 |
| Nov 2026 | $2,395 |
Average Rent By Bedroom and Home Type
In November 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 | $1,553 | $1,845 | $1,999 | $3,775 | $1,900 |
| Townhomes | — | — | $2,395 | — | $2,395 |
| Apartments and Condos | $1,995 | $1,650 | $1,850 | — | $1,850 |
| Houses | — | — | $3,500 | $4,000 | $4,000 |
View this page in Spanish: New Townhomes For Rent in Lake Elmo, MN - 464 Townhouses | Trulia