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Houses for Rent in Lake Elmo, MN

13 Rentals Available
  • a house with a white garage door in the snow
    Today

    4047 Kokanee Ln. N., Lake Elmo, MN 55042
    3 BEDS $4,125
  • A modern kitchen with a stainless steel refrigerator and white countertops.
    Today

    10965 37Th St N, Lake Elmo, MN 55042
    4 BEDS $4,500

  • More Rentals Near Lake Elmo, MN

  • A living room with a white couch and a fireplace.
    Today

    1255 Fallbrook Lane, Woodbury, MN 55125
    5 BEDS $2,900
  • A modern kitchen with white cabinets and a center island.
    Today

    11274 Whitewater Dr, Woodbury, MN 55129
    1 BED $989
  • a white house with a white garage door
    Today

    1591 Granada Avenue North, Oakdale, MN 55128
    2 BEDS $1,520+
    3 BEDS $1,970
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  • a kitchen with white cabinets and a stove and microwave
    Today

    4370 Monarch Dr., Woodbury, MN 55129
    2 BEDS $3,300
  • 144 West Robie Street Studio Apartment for Rent
    5

    144 West Robie Street, Saint Paul, MN 55107
  • a living room with a staircase and a painting on the wall
    Today

    505 Tower Road, Hudson, WI 54016
    3 BEDS $3,000
  • a white house with a garage and a driveway
    Today

    13262 Fondant Trl., Hugo, MN 55038
    3 BEDS $3,500
  • an open living room and kitchen with a couch and a table
    15
    Today

    6953 Allen Way, Inver Grove Heights, MN 55077
    2 BEDS $2,355
    3 BEDS $3,525
    5 BEDS $4,845
2-8-city
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Lake Elmo, MN rent trends

Rental prices in Lake Elmo, MN have increased by 7.64% over the past year. The average rent moved from $2,100 to $2,261.

Check out the average rent prices in Lake Elmo by neighborhood.

Compared to the national average rent of $1,750, the average rent in Lake Elmo, MN is $2,261.

Average rent in Lake Elmo, MN

$2,261/mo Lake Elmo, MN average rental price, September 2025
Image Average Rent

The average monthly rent of apartments in Lake Elmo, MN is $2,261.

    What's the typical rent budget in Lake Elmo, MN?

    About 41% of apartment rents in Lake Elmo, MN range between $2,001-$2,500. Meanwhile, apartments around > $3,000 represent 25% of apartments. Around 26% of Lake Elmo’s apartments are in the $1,501-$2,000 price range. 7% of apartments are priced between $1,001-$1,500.

    The largest share of rentals in Lake Elmo, MN (41%) fall between $2,001-$2,500 per month. This suggests that most people succesfully find suitable apartments within this price.

    Getting around in Lake Elmo, MN

    30 /100
    Somewhat Bikeable
    Bike Score®: 30

    Frequently asked questions

    How many houses are available in Lake Elmo, MN on RentCafe?

    There are 1 house rentals available on RentCafe. Prices and availability in Lake Elmo, MN were last updated on 16 Nov 2025.

    What is the average size of a rental house in Lake Elmo, MN?

    The average Lake Elmo, MN rental house size is 3,001 sq. ft.

    What are the advantages of renting a house in Lake Elmo, MN?

    Renting a house in Lake Elmo, MN comes with more space, both indoor and outdoor.

    What are the downsides of renting a house apartment in Lake Elmo, MN?

    Houses for rent in Lake Elmo, MN are usually located in non-central areas.

    Look for houses for rent near me

    Do you want a house with a backyard, a grill area, that offers you privacy and enough space for your family? RentCafe offers you the possibility to look for a house for rent near you, to find the one that best suits your family. Browsing through our listings, you can filter by size, price, pet policy, check out the location, to find the best house in your area. Whether you are looking to move to a particular neighborhood, or a specific ZIP code, may it be for its safety, beautiful buildings, or quiet atmosphere, you can find the rental house that your whole family will enjoy.

    Your next home is out there, whether you are looking for a house for rent near you or anywhere in the U.S. Easily browse houses for rent with availability updated daily, and let's find the one that is perfect for you!

    Renting a house in Lake Elmo, MN

    Some people just don’t buy into the American dream of owning your own house and sacrificing flexibility. Also, a 30-year mortgage is not the most pleasant thought to wake up with every morning. We understand. But what if you need some extra storage space? What if you like a backyard where you could throw BBQ parties and the kids could play in a safe environment? Luckily, you can forget the dreaded mortgage. Renting a house is the answer. There are 10 homes for rent in Lake Elmo, MN. And it won’t necessarily cost an arm and a leg to rent the perfect home for your family. You can look into duplexes for rent too. Prices in Lake Elmo, MN for rental homes start at $989. Or, if you don’t want your neighbors too close, you should browse some single family homes for rent, priced up to $4,845 per month.

    A rental house offers flexibility

    Your family situation will change throughout your life. Renting makes it possible to match the size of your home to your lifestyle and financial situation. And with 13 houses listed in Lake Elmo, MN, with prices ranging from $989 to $4,845 it’s possible to find the perfect one for you, whether you’re on the lookout for cheap houses for rent or something fancy and expensive. Maybe it’s just you and your significant other at the moment sharing a charming downtown apartment. But there’s a chance that at some point in time, a third family member will show-up and suddenly that 1 bedroom apartment you were so happy with will become too small. You will realize that you’d much rather prefer the comfort of your own backyard, than all the excitement your current neighborhood provides, that you no longer have time to enjoy anyway. If you want to continue living comfortably, you may want to rent a 2 bedroom house. Or maybe your oldest son turned into a young man who’s going off to college soon. You’ll find yourself in a 4 bedroom house that is suddenly too big. You could downsize and rent a 3 bedroom home with a pool, in a much nicer area. The flexibility of renting makes it possible.

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