Apartments for Rent in Elk River, MN

Prices and availability in Elk River, MN were last updated on 1 Jul 2026.

The best apartments in Elk River, MN are: Dove Tree Apartments, Evans Meadows, Pineview Estates, Elk River Lodge and Apartments and Jackson Place Apartments.

The average rent in Elk River, MN is $1,525.

The price range for a 1-bedroom apartment in Elk River, MN is between $1,000 and $3,445.

The price range for a 2-bedroom apartment in Elk River, MN is between $1,250 and $3,513.

The price range for a 3-bedroom apartment in Elk River, MN is between $1,100 and $1,820.

In Elk River 21% of the housing is rented out compared to 79% of homes are owned, according to the most recent Census Bureau estimates. 22% of Elk River's apartments are found in large buildings of 50 units or more, 70% are located in smaller apartment complexes with less than 50 units, and 8% are single-family rentals.

The average age of rental buildings in Elk River is 17 years old, with 61% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which all are garden-style apartment communities, 5% are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Studio apartments in Elk River are around 4% of rentals, while 1-bedroom floor plans represent 38% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 49% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.