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Cheap Apartments for Rent in Elk River, MN - 1 Rental available

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Finding the right apartment as far as size and location go is one aspect of apartment searching, but making sure that it provides all that you need within a reasonable price is another. On RENTCafé, you can search for cheap apartments near you and ensure that you find one that suites your needs. Worried the neighborhood or city you are looking to move to is known to have higher rents? You can browse our listings and find the cheap apartments in any location, whether you are looking at a specific neighborhood, ZIP code, or city.

The perfect apartment for you is out there, either near you or anywhere in the U.S. that you are looking to move to. So, let's find the one that satisfies your wants and needs, but that also comes at an affordable price.

Frequently Asked Questions

What is the average size of a cheap apartment in Elk River, MN?

The average Elk River, MN cheap apartment size is 844 sq. ft.

What are the advantages of renting a cheap apartment in Elk River, MN?

Cheap apartments in Elk River, MN are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Elk River, MN?

A cheap apartment in Elk River, MN offers little storage space and fewer amenities compared to other apartments. You might be interested in studio apartments, 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, or browse all RENTCafé apartments for rent in Elk River, MN.

Elk River, MN Demographics

  • Total Population24,211
  • Female 12,059
    Male 12,152
  • Median Age36

Average Rent in Elk River, MN

  • Elk River, MN Average Rental Price, January 2021 $1,220 /mo

Elk River, MN Apartment Rent Ranges

  • $701-$1,00037%
  • $1,001-$1,50048%
  • $1,501-$2,00016%

Elk River, MN Rent Trends

Average Rent Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Jan / 2021
Elk River, MN $1,073 $1,103 $1,141 $1,129 $1,161 $1,168 $1,189 $1,247 $1,220
National $1,381 $1,418 $1,428 $1,432 $1,468 $1,475 $1,477 $1,464 $1,462

Elk River, MN Households

  • Total Number of Households8,463
  • Family 6,475
    Non-family 1,988
  • Children 3,334
    No Children 5,129
  • Average People Per Household2.78
  • Median Household Income$86,584
  • Median Housing Costs Per Month$1,304

Elk River, MN Education Statistics

  • No High School1%
  • Some High School29%
  • Some College32%
  • Associate Degree13%
  • Bachelor Degree17%
  • Graduate Degree7%

Looking for a cheap apartment for rent in Elk River, MN? With RENTCafé, finding an affordable apartment in Elk River, MN has never been easier. We feature 1 low-priced rental directly from property managers, with rents lower than the Elk River, MN average. What is a cheap rent in Elk River, MN? The average apartment rent in Elk River is $1,220 per month so any rental south of $976 would be considered cheap here.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!