4

Elk River, MN Houses for Rent

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  • 11237 196th Ln NW, Elk River, MN 55330
    11237 196th Ln NW, Elk River, MN 55330
    11237 196th Ln NW, Elk River, MN 55330
    /20

    $2,950

    Total Monthly Price

    • 4 Beds
    • 3 Baths
    • 2,500 Sq Ft
    • House for Rent

    11237 196th Ln NW, Elk River, MN 55330

    Spacious and well-located rental home in a quiet, friendly neighborhood with convenient access to everyday essentials.This property features a comfortable master bedroom, two additional main-floor bedrooms, spacious closets, and a private bathroom. The home also includes a functional kitchen, washer and dryer access, and convenient onsite parking with both driveway and garage

    11237 196th Ln NW, Elk River, MN 55330
  • 716 Jackson Ave NW, Elk River, MN 55330
    716 Jackson Ave NW, Elk River, MN 55330
    716 Jackson Ave NW, Elk River, MN 55330
    /8

    $1,800

    Total Monthly Price

    • 2 Beds
    • 1.5 Baths
    • 1,200 Sq Ft
    • House for Rent

    716 Jackson Ave NW, Elk River, MN 55330

    Duplex in a great location near schools, downtown and parks! Unit has two large bedrooms with a fenced in yard and basement with extra space!

    716 Jackson Ave NW, Elk River, MN 55330
  • 22167 156th St NW, Elk River, MN 55330
    22167 156th St NW, Elk River, MN 55330
    22167 156th St NW, Elk River, MN 55330
    /14

    $1,899

    Total Monthly Price

    • 3 Beds
    • 1 Bath
    • 1,140 Sq Ft
    • House for Rent

    22167 156th St NW, Elk River, MN 55330

    Enjoy the lake view from your porch!Nicely remodeled rambler with main floor laundry; all living facilities on one level.Available May 01 & possibly sooner3bd1ba1car garage $1899.00/mo*$1948.00 depositPOSSIBLE pet allowed if $500/pet pet deposit & pet addendum *Advertised price assumes tenant pays utilities and basic maintenance agreement in which tenant is responsible

    22167 156th St NW, Elk River, MN 55330
  • 7792 Palomino Ave NE, Otsego, MN 55330
    7792 Palomino Ave NE, Otsego, MN 55330
    7792 Palomino Ave NE, Otsego, MN 55330
    /29

    $2,195

    Total Monthly Price

    • 3 Beds
    • 3 Baths
    • 1,500 Sq Ft
    • Lovely 3BR/3BA Otsego End Unit Townhome Available June!

    7792 Palomino Ave NE, Otsego, MN 55330

    Another great listing from Erica with The Welcome Home Team at FUZE RE!! WELCOME HOME to your beautiful 3BR/3BA End unit townhome featuring an Open floor plan, Stainless steel appliances, Cozy gas fireplace, 3 bedrooms up, Main floor laundry. Close to shopping, dining, parks, lakes and more! Available 6/15 (flexible). Trash/recycling and Lawn care/snow removal included! Tenant responsible for

    7792 Palomino Ave NE, Otsego, MN 55330
Minnesota Sherburne County Elk River

Houses for Rent in Elk River, MN

Frequently Asked Questions

How much does it cost to rent a single-family home in Elk River, MN?
The median rent for a single-family home in Elk River, MN is $2,195 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Elk River, MN?
To comfortably afford the median rent in Elk River, MN, a household needs to earn roughly $83,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,095 per month in Elk River, MN, renters typically need to show $6,285 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Elk River, MN?
In Elk River, MN, the price-to-rent ratio is 16.3, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends in Elk River, MN

There are currently 4 single-family homes available for rent in Elk River, MN. The median rent is $2,195 per month, with 3-bedroom houses renting at $2,195 and 4-bedroom houses at $2,900.

Rental Home Trends

Number of Houses for Rent
4
Median Single Family Home Rent
$2,195
Median 3 Bedroom Single Family Home Rent
$2,195
Median 4 Bedroom Single Family Home Rent
$2,900
How to Rent a Home

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