Lake Elmo, MN Homes for Rent

/19
Starting at $2,925

Total Monthly Price
- 2 Beds
11300 Upper 39th St Cir N, Lake Elmo, MN 55042

Tucked into the beautiful, peaceful setting of Lake Elmo, MN, you will find Woodhelm Townhomes. These BRAND NEW upscale residences balance a connected lifestyle with a peaceful retreat. Each 2-3 bedroom townhome features spacious layouts flooded with natural light, complemented by modern finishes. Ease into an effortless lifestyle with included lawn care and snow removal, two-stall heated

Woodhelm Townhomes

11300 Upper 39th St Cir N, Lake Elmo, MN 55042
Explore Lake Elmo
/47
Starting at $3,025

Total Monthly Price
- 3 Beds
9392-9485 4th St N, Lake Elmo, MN 55042

Bentley Village offers an exceptional living experience with its selection of 3 and 4 bedroom townhome rentals. Nestled in a picturesque location, these townhomes provide a tranquil retreat while being conveniently located near all the amenities you need. Immerse yourself in the spaciousness and elegance of these well-designed townhomes, featuring modern finishes, ample storage, and private

Bentley Village

9392-9485 4th St N, Lake Elmo, MN 55042
/50
Starting at $1,592

Total Monthly Price
- Studio - 3 Beds
9600 Hudson Blvd N, Lake Elmo, MN 55042

Springs at Lake Elmo is a gated, garden-style apartment community in Lake Elmo, Minnesota, in the St. Paul/Twin Cities metro. Residents enjoy private entry living with an in-home washer/dryer, a private balcony or patio, and a professional onsite team. Springs at Lake Elmo offers studio, one, two, and three bedroom floor plans. Pricing varies by floor plan, lease length, and availability. The

Springs at Lake Elmo

9600 Hudson Blvd N, Lake Elmo, MN 55042
/30
$3,245 Per Month
- 3 Beds
- 2.5 Baths
- 1,777 Sq Ft
- Townhouse for Rent
9285 4th Street Ln N, Lake Elmo, MN 55042

Special offers may still apply and will depend on the move in date. This is the Saint Clair End Unit Floor Plan with other floor plans available, as well as 4BR Units. Are you looking for a luxury living experience unlike any other in Lake Elmo, MN? Come home to one of the contemporary townhomes for rent at Bentley Village. Here, you'll enjoy living in your own spacious, single-family home

Amy Westerlund Keller Williams Premier Realty

9285 4th Street Ln N, Lake Elmo, MN 55042
/26
$2,495

Total Monthly Price
- 3 Beds
- 2.5 Baths
- 1,807 Sq Ft
- Townhouse for Rent
9939 5th St Ln N, Lake Elmo, MN 55042

For a video tour of this home please contact the listing agent Ethan, or search the address "9939 5th St Ln N, Lake Elmo" in YouTube.Stunning 3bd/2.5ba TH w/ a large open concept main floor and a vesatile walkout basement! This home has a basement that is clean and could be transformed for all uses! The main floor holds the gorgeous kitchen with white cabinets, endless quartz counter

9939 5th St Ln N, Lake Elmo, MN 55042
/20
$1,900 Per Month
- 3 Beds
- 2 Baths
- 1,356 Sq Ft
- Property for Rent
16 Cimarron Unit 16, Lake Elmo, MN 55042

COMING SOON! Currently under construction. Welcome to Cimarron Park, a all age active and vibrant community, where your dream home is coming to life. We are excited to offer a stunning, brand new, beautiful 2026 3 bed, 2 bath home for sale, featuring approximately 1356 sq ft of thoughtfully designed living space. Located in Lake Elmo, this soon-to-be-completed property will offer the perfect

Jessica Jessen Cimarron Park and Golf

16 Cimarron Unit 16, Lake Elmo, MN 55042
/35
$3,145 Per Month
- 3 Beds
- 2.5 Baths
- 1,777 Sq Ft
- Townhouse for Rent
9377 4th St N, Lake Elmo, MN 55042

Special offers may still apply and will depend on the move in date. This is the Saint Clair Interior Floor Plan with other floor plans available, as well as 4BR Units. Are you looking for a luxury living experience unlike any other in Lake Elmo, MN? Come home to one of the contemporary townhomes for rent at Bentley Village. Here, you'll enjoy living in your own spacious, single-family home

Amy Westerlund Keller Williams Premier Realty

9377 4th St N, Lake Elmo, MN 55042
/17
$1,999 Per Month
- 3 Beds
- 2 Baths
- 1,356 Sq Ft
- Property for Rent
691 Cimarron Unit 691, Lake Elmo, MN 55042

Welcome to Cimarron Park, an all-age vibrant community, where you can find yourself in your dream home. We have a stunning 3-bedroom, 2-bathroom home for sale featuring 1456 sq ft of beautifully designed living space. Located in Lake Elmo near Saint Paul, this property offers the perfect blend of modern amenities and timeless charm. Step inside to find an open concept floor plan, natural

Jessica Jessen Cimarron Park and Golf

691 Cimarron Unit 691, Lake Elmo, MN 55042
/35
$3,145 Per Month
- 3 Beds
- 2.5 Baths
- 1,777 Sq Ft
- Townhouse for Rent
9385 4th St N, Lake Elmo, MN 55042

Special offers may still apply and will depend on the move in date. This is the Saint Clair Interior Floor Plan with other floor plans available, as well as 4BR Units. Are you looking for a luxury living experience unlike any other in Lake Elmo, MN? Come home to one of the contemporary townhomes for rent at Bentley Village. Here, you'll enjoy living in your own spacious, single-family home

Amy Westerlund Keller Williams Premier Realty

9385 4th St N, Lake Elmo, MN 55042
/21
$1,850 Per Month
- 3 Beds
- 2 Baths
- 1,216 Sq Ft
- Property for Rent
119 Cimarron Unit 119, Lake Elmo, MN 55042

Welcome to Cimarron Park, a all age active and vibrant community, where your dream home is coming to life. We are excited to offer a stunning, brand new, beautiful 2026 3 bed, 2 bath home for sale, featuring approximately 1216 sq ft of thoughtfully designed living space. Located in Lake Elmo, this soon-to-be-completed property will offer the perfect blend of modern design and timeless comfort.

Jessica Jessen Cimarron Park and Golf

119 Cimarron Unit 119, Lake Elmo, MN 55042
/21
$1,850 Per Month
- 3 Beds
- 2 Baths
- 1,216 Sq Ft
- Property for Rent
296 Cimarron Unit 296, Lake Elmo, MN 55042

Welcome to Cimarron Park, a all age active and vibrant community, where your dream home is coming to life. We are excited to offer a stunning, brand new, beautiful 2026 3 bed, 2 bath home for sale, featuring approximately 1356 sq ft of thoughtfully designed living space. Located in Lake Elmo, this soon-to-be-completed property will offer the perfect blend of modern design and timeless comfort.

Jessica Jessen Cimarron Park and Golf

296 Cimarron Unit 296, Lake Elmo, MN 55042
/21
$1,850 Per Month
- 3 Beds
- 2 Baths
- 1,216 Sq Ft
- Property for Rent
121 Cimarron Unit 121, Lake Elmo, MN 55042

Welcome to Cimarron Park, a all age active and vibrant community, where your dream home is coming to life. We are excited to offer a stunning, brand new, beautiful 2026 3 bed, 2 bath home for sale, featuring approximately 1216 sq ft of thoughtfully designed living space. Located in Lake Elmo, this soon-to-be-completed property will offer the perfect blend of modern design and timeless comfort.

Jessica Jessen Cimarron Park and Golf

121 Cimarron Unit 121, Lake Elmo, MN 55042
/21
$1,659 Per Month
- 3 Beds
- 2 Baths
- 1,056 Sq Ft
- Property for Rent
493 Cimarron Unit 493, Lake Elmo, MN 55042

Tentatively available 8/1/2026. This home is currently occupied and cannot be shown. Ask about our Move-In Specials! FOR RENT or FOR SALE! Own your own 3 bed/2 bath home. Make an appointment now to see this spacious brand new 2023 home with 1056.00 sq. ft. of space for you and your family. Low monthly payments available. Call us to schedule your viewing of this feature-packed home in Cimarron

Jessica Jessen Cimarron Park and Golf

493 Cimarron Unit 493, Lake Elmo, MN 55042
/45
$5,500 Per Month
- 6 Beds
- 5 Baths
- 4,356 Sq Ft
- House for Rent
10675 40th St N, Lake Elmo, MN 55042

Discover Contemporary Living in this Stunning 2023 Modern Built Home! Step into the future of rental living with this like new, thoughtfully designed home located in the desirable Legacy at North Star community, offering walking paths, playground, community pool & clubhouse, outdoor sport court and fire pit. Providing a sophisticated and comfortable lifestyle, perfect for those seeking the latest

Katie Brown Hanson Builders Inc

10675 40th St N, Lake Elmo, MN 55042
/20
$1,999 Per Month
- 3 Beds
- 2.5 Baths
- 1,460 Sq Ft
- Property for Rent
154 Cimarron Unit 154, Lake Elmo, MN 55042

Welcome to Cimarron Park, an all-age vibrant community, where you can find yourself in your dream home. We have a stunning 3-bedroom, 2.5-bathroom home for sale featuring 1460 sq ft of beautifully designed living space. Located in Lake Elmo near Saint Paul, this property offers the perfect blend of modern amenities and timeless charm. Step inside to find an open concept floor plan, natural

Jessica Jessen Cimarron Park and Golf

154 Cimarron Unit 154, Lake Elmo, MN 55042
/30
$3,245 Per Month
- 3 Beds
- 2.5 Baths
- 1,777 Sq Ft
- Townhouse for Rent
9413 4th Street Ln N, Lake Elmo, MN 55042

Special offers may still apply and will depend on the move in date. This is the Saint Clair End Unit Floor Plan with other floor plans available, as well as 4BR Units. Are you looking for a luxury living experience unlike any other in Lake Elmo, MN? Come home to one of the contemporary townhomes for rent at Bentley Village. Here, you'll enjoy living in your own spacious, single-family home

Amy Westerlund Keller Williams Premier Realty

9413 4th Street Ln N, Lake Elmo, MN 55042
/34
$3,695 Per Month
- 4 Beds
- 3.5 Baths
- 2,337 Sq Ft
- Townhouse for Rent
188 Jean Ave, North, MN 55042

Special offers may still apply and will depend on the move in date. This is the Taylor plan with other floor plans available. Are you looking for a luxury living experience unlike any other in Lake Elmo, MN? Come home to one of the contemporary townhomes for rent at Bentley Village. Here, you'll enjoy living in your own spacious, single-family home without having to worry about hassles like yard

Amy Westerlund Keller Williams Premier Realty

188 Jean Ave, North, MN 55042
/21
$1,850 Per Month
- 3 Beds
- 2 Baths
- 1,216 Sq Ft
- Property for Rent
530 Cimarron Unit 530, Lake Elmo, MN 55042

Welcome to Cimarron Park, a all age active and vibrant community, where your dream home is coming to life. We are excited to offer a stunning, brand new, beautiful 2026 3 bed, 2 bath home for sale, featuring approximately 1216 sq ft of thoughtfully designed living space. Located in Lake Elmo, this soon-to-be-completed property will offer the perfect blend of modern design and timeless comfort.

Jessica Jessen Cimarron Park and Golf

530 Cimarron Unit 530, Lake Elmo, MN 55042
/30
$3,245 Per Month
- 3 Beds
- 2.5 Baths
- 1,777 Sq Ft
- Townhouse for Rent
218 Jean Ave N, Lake Elmo, MN 55042

Special offers may still apply and will depend on the move in date. This is the Saint Clair End Unit Floor Plan with other floor plans available, as well as 4BR Units. Are you looking for a luxury living experience unlike any other in Lake Elmo, MN? Come home to one of the contemporary townhomes for rent at Bentley Village. Here, you'll enjoy living in your own spacious, single-family home

Amy Westerlund Keller Williams Premier Realty

218 Jean Ave N, Lake Elmo, MN 55042
/35
$3,145 Per Month
- 3 Beds
- 2.5 Baths
- 1,777 Sq Ft
- Townhouse for Rent
9391 4th St N, Lake Elmo, MN 55042

Special offers may still apply and will depend on the move in date. This is the Saint Clair Interior Floor Plan with other floor plans available, as well as 4BR Units. Are you looking for a luxury living experience unlike any other in Lake Elmo, MN? Come home to one of the contemporary townhomes for rent at Bentley Village. Here, you'll enjoy living in your own spacious, single-family home

Amy Westerlund Keller Williams Premier Realty

9391 4th St N, Lake Elmo, MN 55042
/35
$3,145 Per Month
- 3 Beds
- 2.5 Baths
- 1,777 Sq Ft
- Townhouse for Rent
9397 4th St N, Lake Elmo, MN 55042

Special offers may still apply and will depend on the move in date. This is the Saint Clair Interior Floor Plan with other floor plans available, as well as 4BR Units. Are you looking for a luxury living experience unlike any other in Lake Elmo, MN? Come home to one of the contemporary townhomes for rent at Bentley Village. Here, you'll enjoy living in your own spacious, single-family home

Amy Westerlund Keller Williams Premier Realty

9397 4th St N, Lake Elmo, MN 55042

Minnesota Washington County

Why Live in Lake Elmo

Lake Elmo, Minnesota, is a growing Twin Cities suburb that maintains its small-town feel even as new development reshapes the area. Over half of the homes were built after 2000, including contemporary and New Traditional designs and modern Craftsman styles, with floor plans from about 1,200 to more than 5,000 square feet. Closer to downtown, there are older late-1800s farmhouses and early-1900s bungalows, adding to the area’s historic character. Lake Elmo Park Reserve spans 2,220 acres and has plenty to do, from swimming to hiking and enjoying a picnic. Sunfish Lake Park, with its wooded trails and the Sally Manzara Interpretive Nature Center, and Lake Elmo Central Park, with a playground and athletic fields, give residents more options to get outside. Golfers can join the Royal Golf Club, a private championship course designed by Annika Sörenstam and Arnold Palmer. The historic downtown further reinforces the city’s small-town charm, with long-running spots like Hagberg’s Meats and Lake Elmo Inn, plus a library, a summer farmers market and the annual Lake Elmo 4th of July Kids Parade. Most people drive, using interstates 94 and 694 to reach downtown Saint Paul, about 15 miles away, and downtown Minneapolis, about 25 miles away. There is limited public transportation, with a limited Metro Transit bus route running along Stillwater Boulevard.

Learn more about living in Lake Elmo

Frequently Asked Questions

How much does it cost to rent a home in Lake Elmo, MN?

The median rent for a home in Lake Elmo, MN is $3,145 per month, though prices vary by neighborhood, size, and property type. As of July 2026, townhouses 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 Lake Elmo, MN?

To comfortably afford the median rent in Lake Elmo, MN, a household needs to earn roughly $125,800 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 $3,145 per month in Lake Elmo, MN, renters typically need to show $9,435 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 Lake Elmo, MN?

In Lake Elmo, MN, the price-to-rent ratio is 17.9, 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.

What neighborhoods in Lake Elmo, MN are best for renting a home?

The best neighborhood for renting in Lake Elmo, MN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Beaver Lake and Battle Creek, each with its own character and price range.

Rental Trends in Lake Elmo, MN

There are currently 21 homes available for rent in Lake Elmo, MN. The median rent is $3,145 per month, with single-family homes renting at $3,245 and townhouses at $2,523.

Rental Home Trends

Number of Homes for Rent 21	Median Rent $3,145
Median Single Family Home Rent $3,245	Median Townhouse Rent $2,523

How to Rent a Home

Rentals in Lake Elmo

Homes for Rent by Bedrooms in Lake Elmo

Rentals by Price in Lake Elmo

More About Living in Lake Elmo

Homes for Rent in Nearby Neighborhoods

Homes for Rent in Nearby Cities

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