Elk River, MN Housing Statistics

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32%

Med. Home Val. NAT. AVG.

10%

Rent NAT. AVG.

23%

Owner Occ. NAT. AVG.

Elk River Housing Information

Index	Elk River	Minnesota	National
Median home price	$243,500	$191,500	$184,700
Median rent asked	$1,040	$873	$949
Avg. people per household	2.6	2.4	2.6
Owner occupied households	78.0%	71.4%	63.6%
Renter occupied households	22.0%	28.6%	36.4%

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Housing Quick Facts

The median home price in Elk River is 32% higher than the national average.
The median rent asked in Elk River is 10% higher than the national average.
The average number of people per household in Elk River is 1% lower than the national average.
The number of owner occupied households in Elk River is 23% higher than the national average.
The number of renter occupied households in Elk River is 40% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Big Lake CDP, MN	375	$185,700	1%
Zimmerman, MN	5,831	$192,100	4%
Bethel, MN	443	$196,500	6%
Osseo, MN	2,738	$206,700	12%
Buffalo, MN	16,413	$206,800	12%
Elk River, MN	24,894	$243,500	32%

Cities with similar population

	Population	Home Price	National Avg.
South Bradenton, FL	24,885	$90,400	51%
Hastings, NE	24,878	$127,300	31%
Silver Springs Shores, FL	24,911	$123,100	33%
Kernersville, NC	24,876	$196,400	6%
Bainbridge Island, WA	24,859	$783,600	324%
Elk River, MN	24,894	$243,500	32%

Source: The Elk River, MN housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).