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Elk River, MN Townhomes for Rent

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    $1,900 Plus Fees

    • 2 Beds
    • 1.5 Baths
    • 1,000 Sq Ft
    • Townhouse for Rent

    16145 71st Ln NE, Otsego, MN 55330

    Property Id: 2473417Clean 2BR Townhome w/ Garage + Patio | Available June 1 | Applications/Inquiries Open NowNote: Interior photos coming the week of 5/11Well-maintained, Clean 2 bed/1.5 bath townhome in a quiet Otsego neighborhood with an attached extra deep garage and private patio, close to park and 101 for easy access anywhere! Right on the border of

    (612) 446-0871

    16145 71st Ln NE, Otsego, MN 55330
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    $2,391

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 1,742 Sq Ft
    • Townhouse for Rent

    10082 179th Ln NW, Elk River, MN 55330

    This home is professionally managed by Tricon, dedicated to creating exceptional rental experiences. Featuring 2 bedrooms, 2.0 bathrooms, and approximately 1,742 square feet, this well-maintained home offers a high standard of rental living, supported by a team that puts residents first. As a Tricon resident, you'll enjoy access to Tricon Vantage — a program designed to support your rental

    (612) 682-0758

    10082 179th Ln NW, Elk River, MN 55330
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    $2,295

    Total Monthly Price

    • 3 Beds
    • 1.5 Baths
    • 1,460 Sq Ft
    • Recently Remodeled 3 Bedroom Townhome

    17190 Monroe St NW, Elk River, MN 55330

    Two story 3 bedroom, 1 and 1/2 bathroom townhome with a beautifully updated kitchen with new stainless steel appliances, lots of cabinet space, a large pantry, and a breakfast bar! Some other great features of this home include new carpet on the upper level, central air, a patio, a walk-in closet, in-unit laundry, and a 2 car attached garage! All bedrooms are located on the upper level.

    17190 Monroe St NW, Elk River, MN 55330

Frequently Asked Questions

How much does it cost to rent a townhouse in Elk River, MN?
The median rent for a townhouse in Elk River, MN is $1,899 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 $75,960 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 $1,899 per month in Elk River, MN, renters typically need to show $5,697 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 18.0, 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.
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