3

Elk River, MN Condos for Rent

Section Image
  • /10

    $1,300 Plus Fees

    • 2 Beds
    • 1 Bath
    • 900 Sq Ft
    • Condo for Rent

    365 Baldwin Ave NW Unit 106, Elk River, MN 55330

    Property Id: 2503182Remodeled 2-bedroom, 1-bath apartment. Laundry facilities on-site.**Rental Terms:**- First month's rent: $1,300- Security deposit: $1,300Total amount due before the move-in date: $2,600. - Optional garage stall available for $50 per month. - Tenants are responsible for electricity, services, and renters' insurance. Water, sewer, and trash

    (651) 758-3923

    365 Baldwin Ave NW Unit 106, Elk River, MN 55330
  • /14

    $1,300 Plus Fees

    • 2 Beds
    • 1 Bath
    • 900 Sq Ft
    • Condo for Rent

    365 Baldwin Ave NW Unit 105, Elk River, MN 55330

    Property Id: 2503181Remodeled 2-bedroom, 1-bath apartment. Laundry facilities on-site.**Rental Terms:**- First month's rent: $1,300- Security deposit: $1,300Total amount due before the move-in date: $2,600.- Optional garage stall available for $50 per month. - Tenants are responsible for electricity, services, and renters' insurance. Water, sewer, and trash are

    (651) 899-7267

    365 Baldwin Ave NW Unit 105, Elk River, MN 55330
  • /26

    $1,300

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 1,009 Sq Ft
    • Condo for Rent

    11755 191 1 2 Ave NW Unit 302, Elk River, MN 55330

    JUST BEHIND CUB FOODElk Ridge Estate Apartment has a lovely Two bedrooms apartment for rent currently available now. All Utilities paid except electric and cable. TEXT now for showing and $185 taken off of your deposit. Garages available. Email okay as well) Good luck to all of you in finding the right place for you! It's on a first come first serve basisVery clean and

    11755 191 1 2 Ave NW Unit 302, Elk River, MN 55330

Frequently Asked Questions

How much does it cost to rent a condo in Elk River, MN?
The median rent for a condo in Elk River, MN is $1,300 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos 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 Elk River, MN?
To comfortably afford the median rent in Elk River, MN, a household needs to earn roughly $75,880 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 $1,897 per month in Elk River, MN, renters typically need to show $5,691 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 Elk River, MN?
In Elk River, MN, the price-to-rent ratio is 18.0, 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.

Condo Rental Trends in Elk River, MN

Rental Home Trends

Number of Condos for Rent
3
Median Condo Rent
$1,300
Median 2 Bedroom Condo Rent
$1,300
How to Rent a Home