Rental market snapshot for Elk River, Minnesota
Elk River, Minnesota Rental Property Market Overview
Elk River, Minnesota is a city located in Sherburne County, about 40 miles northwest of Minneapolis. According to the US Census, the population of Elk River was 26,192 as of 2021. The city is known for its outdoor recreation opportunities, including fishing, hunting, and camping. Elk River is also home to a variety of businesses, restaurants, and shopping centers. The city is a great place to live, work, and play.
The average rent for an apartment in Elk River is $2,054. The cost of rent varies depending on several factors, including location, size, and quality.
The average rent has increased by 0.45% over the past year.
Last Updated April 22, 2023
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Average monthly rent graph in Elk River Minnesota | Cost of Living
- The most expensive ZIP code in Elk River is 55330 with an average price of $1,995
- The cheapest ZIP code in Elk River is 55330 with an average price of $1,900
Elk River ZIP codes with the highest, most expensive rent
| # | ZIP Code | Average Rent |
|---|---|---|
| 1 | 55330 | $1,995 |
Live near Elk River, Minnesota's Top Sights and Attractions
Oak Knoll Park is a scenic outdoor destination located in Elk River, Minnesota. It features a variety of activities and amenities, including a large playground, picnic areas, walking trails, and a fishing pond. The park also offers a variety of sports courts, including basketball, volleyball, and tennis. Visitors can also enjoy the park's natural beauty, with its lush green grass, tall trees, and colorful flowers. The park is a great place to spend a day outdoors with family and friends.
Lions Park is a beautiful outdoor area located in Elk River, Minnesota. It features a variety of activities for all ages, including a playground, walking trails, picnic areas, and a fishing pond. There is also a large open field for sports and other activities. The park is well-maintained and offers a peaceful atmosphere for visitors to enjoy.
Elk River Business Park is a sprawling complex of commercial and industrial buildings located in a rural area of Minnesota. It features a variety of businesses, including retail stores, restaurants, and office buildings. The park also offers a variety of recreational activities, such as walking trails, picnic areas, and a playground. The park is surrounded by lush green fields and wooded areas, making it a great place to relax and enjoy the outdoors.
Big Tooth Ridge Park is a scenic outdoor destination located in the rolling hills of Minnesota. The park features a variety of trails for hiking, biking, and horseback riding, as well as a playground and picnic area. The park is home to a variety of wildlife, including deer, fox, and birds. The park also offers stunning views of the surrounding countryside, making it a great spot for photography and nature watching.
Hillside City Park is a scenic park located in a rural area of Minnesota. It features a large lake surrounded by lush green trees and rolling hills. There are plenty of trails for walking, running, and biking, as well as a playground and picnic area. The park also has a fishing pier and boat launch, making it a great spot for outdoor recreation. Visitors can also enjoy the beautiful views of the surrounding countryside and wildlife.
Trott Brook Farms Park is a scenic outdoor destination located in the heart of Minnesota. It features a variety of recreational activities, including hiking, biking, fishing, and bird watching. The park is home to a variety of wildlife, including deer, foxes, and other small animals. The park also offers a variety of amenities, such as picnic tables, grills, and restrooms. Visitors can also take advantage of the park's playground, which includes a variety of slides, swings, and other play equipment. The park also features a large pond, which is a great spot for fishing or simply enjoying the beauty of nature.
Woodland Trails Park is a scenic outdoor destination located in the heart of Minnesota. It features a variety of trails that wind through the woods, offering visitors the chance to explore the natural beauty of the area. The park also features a playground, picnic area, and a fishing pond. Visitors can also enjoy a variety of activities such as hiking, biking, and bird watching. The park is a great place to spend a day outdoors, surrounded by nature and the beauty of the Minnesota landscape.
Birch Meadow Park is a beautiful outdoor destination located in the heart of Minnesota. It features a large lake surrounded by lush green trees, providing a peaceful and tranquil atmosphere. Visitors can enjoy a variety of activities such as fishing, boating, swimming, and picnicking. There are also several trails for hiking, biking, and bird watching. The park also offers a playground and picnic area, as well as a pavilion for special events.
Meadowvale Heights Park is a picturesque park located in a quiet residential area. The park features a large playground, a basketball court, a baseball diamond, and a picnic area with grills. There is also a walking path that winds through the park, offering visitors a peaceful stroll through the lush greenery. The park also has a pond, which is home to a variety of wildlife, including ducks, geese, and other birds. The park is a great place to spend a day with family and friends, enjoying the outdoors and the beauty of nature.
City Park is a beautiful outdoor space located in Elk River, Minnesota. It features a large lake, walking trails, picnic areas, playgrounds, and a variety of sports fields. The park also has a large amphitheater, perfect for outdoor concerts and events. The park is a great place to spend a day outdoors, with plenty of activities for the whole family.
Elk River, Minnesota area median rent change by ZIP code map
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How does Elk River compare to other cities in Minnesota ?
| city | median price |
|---|---|
| Vadnais Heights | $2,750 |
| Mound | $1,745 |
| Rosemount | $2,395 |
| Saint Bonifacius | $1,877 |
| Hanover | $1,972 |
| Minnetonka | $1,775 |
| Brooklyn Park | $2,100 |
| Fridley | $1,825 |
| Richfield | $1,860 |
Average household income in Elk River area graph - US Census
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The median household income in Elk River in 2021 was $83,875. This represents a 19.4% change from 2011 when the median was $70,224.
| # | category | percent |
|---|---|---|
| 0 | Less than $10,000 | 1.6% |
| 1 | $10,000 to $14,999 | 0.4% |
| 2 | $15,000 to $19,999 | 3.5% |
| 3 | $20,000 to $24,999 | 1.6% |
| 4 | $25,000 to $29,999 | 1.7% |
| 5 | $30,000 to $34,999 | 4.8% |
| 6 | $35,000 to $39,999 | 5.0% |
| 7 | $40,000 to $44,999 | 3.3% |
| 8 | $45,000 to $49,999 | 3.4% |
| 9 | $50,000 to $59,999 | 8.9% |
| 10 | $60,000 to $74,999 | 10.4% |
| 11 | $75,000 to $99,999 | 12.5% |
| 12 | $100,000 to $124,999 | 16.0% |
| 13 | $125,000 to $149,999 | 12.4% |
| 14 | $150,000 to $199,999 | 8.9% |
| 15 | $200,000 or more | 5.5% |
