500 Main St N #2, Ely, MN 55731
Property image
Property image
FOR RENT
PET FRIENDLY
FURNISHED

$1,500/mo

  • 2 Beds
  • 1 Bath
  • 1,000 sqft

500 Main St N #2, Ely, MN 55731

Available Nov 1
Price may not include required fees and charges.
Cost and fees breakdown

Home Highlights

Apartment
Attached Garage
Dogs allowed
Laundry
$1,000 deposit

Local Information

  • Map ViewExplore the area around 500 Main St N #2.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Fully Furnished all utilities included
Rates vary by season. Nov-April $1500

This is a wonderful, updated and clean 2br/1ba lower unit in a 4 unit building. Walking distance to Fall Lake a BWCA lake and access point. The public boat ramp and fishing pier is only 1/4 mile away. This is a perfect springboard for all you BWCA adventures. Fully Furnished, utilities included (WiFi /Smart TV as well). Please reach out with any questions!

Short term lease options also available.
Background, credit checks. Income requirements. No smoking. Pets on case by case basis. Please reach out with any questions!

Details for 500 Main St N #2

Days on Market

Days on Market: 11 days on Trulia

Property Information

Property Type / Style
Property Type: Apartment

Rental Terms, Policies & Fees

Lease Term: 1 monthAvailable: Nov 1stSmall dogs allowedDeposit: $1,000

Interior Features

Levels, Entrance, & Accessibility
Floors: Hardwood

Exterior Features

Parking & Garage
GarageParking: Attached Garage Off Street, On Site
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Costs and Fees

Required monthly rent & fees
  • Base rent
    $1,500/mo
Required one-time fees
  • Security deposit
    $1,000
  • Application fee
    $0
  • Administrative fee
    Contact for details
Pricing is subject to change. All calculations are estimates and provided for informational purposes only. Actual amounts may include additional mandatory or optional fees. Please consult the community manager for a complete breakdown of all rental costs.
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Rental Market Trends in Ely

Last updated Sep 2026
Trulia Rent Estimate$1,203/mo
Average rent
$1.5K
Available listings
1
View rental market trends in Ely, MN

Around this home

Local Legal Protections

LGBTQ • Source of Income

Price and Tax history

DateEventPrice
Jun 27, 2026
Source: Zillow Rentals
Listed For Rent
$1,500
Mar 29, 2025
Source: Zillow Rentals
ListingRemoved
$2,000
Feb 23, 2025
Source: Zillow Rentals
Listed For Rent
$2,000
Feb 10, 2025
Source: Zillow Rentals
ListingRemoved
$2,000
Jan 20, 2025
Source: Zillow Rentals
Listed For Rent
$2,000

Frequently asked questions about 500 Main St N #2

  • What income do you need to rent 500 Main St N #2?
    Most landlords look for monthly gross income of about 3× rent, or roughly $55K per year to rent 500 Main St N #2 in Ely, MN at $1,500/mo.
  • What is the pet policy at 500 Main St N #2?
    500 Main St N #2 in Ely, MN allows small dogs.
  • What's the average rent in Ely?
    The average rent in Ely is $1,500 per month.
  • How does the rent for 500 Main St N #2 compare to similar 2-bedroom apartments in Ely?
    500 Main St N #2 in Ely, MN rents in line with the area average for 2-bedroom apartments in Ely ($1,500/mo).

Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
$54,000 PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.

New Rentals Nearby

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500 Main St N #2, Ely, MN is a 2 bedroom, 1 bathroom, 1,000 sqft apartment. 500 Main St N #2 was listed for rent for $1,500/month on Jun 27, 2026. This property is pet friendly.