Located at the meeting point of the Mississippi and Elk Rivers, Elk River, Minnesota combines small-town living with easy access to city conveniences. Apartment seekers will find 44 square miles of parks and outdoor spaces to explore. Since 1997, the city has earned recognition as "Energy City" for its commitment to renewable energy, while preserving historic treasures like the Elk River Water Tower - a landmark listed on the National Register of Historic Places.
Apartments in Elk River offer more affordable options compared to Minneapolis-St. Paul, with one-bedroom apartments averaging $1,191 monthly. The city sits at the intersection of U.S. Highways 10 and 169, and residents can reach downtown Minneapolis in about 40 minutes via the Northstar Commuter Rail. With 41 parks covering 1,388 acres, the Furniture and Things Community Event Center, two golf courses, and well-maintained public spaces, Elk River delivers practical amenities while maintaining its peaceful suburban character.
Data provided by GreatSchools.org 2025 © 2025. All rights reserved.
The average rent in Elk River, MN is $1,228.
The average rent for a studio apartment in Elk River, MN is $1,066.
The average rent for a 1 bedroom apartment in Elk River, MN is $1,228.
The average rent for a 2 bedroom apartment in Elk River, MN is $1,482.
The average rent for a 3 bedroom apartment in Elk River, MN is $1,379.
Submitting Request
Apartment Finder utilizes the industry's largest and most complete database of real-time rents and availabilities to help you find an amazing deal on your next rental.
Apartment communities change their rental rates often - sometimes multiple times a day. We track the changes and keep you up to date when a rental rate decreases.
"Best value" units are located in buildings rated three stars or higher. We label apartment rentals that are priced significantly less than similar high-quality units nearby.
Apartment communities regularly advertise deals for new residents. Whether it's a move-in special or a free tv, we locate the rentals that offer a little something extra when you sign your lease.
Note: Based on community-supplied data and independent market research. Subject to change without notice.