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13 Luxury Apartments Near Me in Elk River, MN
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Cost of Living
19% Rent
vs
81% Own
Renter's Cost vs. Income
Last Updated October 2023
Average Monthly Rent (Census)
Last Updated October 2023
The breakdown of people who rent in Elk River, MN is 19% renters and 81% owners. The monthly average cost of rent in Elk River is $1,033 per month and the yearly average income is $101,867 per year. This compares to an average rent of $826 in MN and $1,003 in the US. This data was last updated in October 2023
Travel and Transport
Commuting to Work
Last Updated October 2023
Residents of Elk River, MN spend an average of 28.3 minutes commuting to work. 36% have short commutes under 20 minutes, 57% travel between 20 and 60 minutes, and 7% face longer journeys exceeding an hour, reflecting varying levels of accessibility and distance.
In Elk River, MN, 2% of residents rely on public transportation, 1% commute on foot, 0% use bicycles, and 97% opt for other modes such as cars and ride-sharing.
FAQs
What is the average rating of a community in Elk River?
The average rating is 3/5 stars.
What is the average price for a 1 Bedroom + 1 Bathroom in Elk River?
The average price is $1,821.67.
What is the average price for a 2 Bedrooms + 2 Bathrooms in Elk River?
The average price is $2,165.00.
What is the average monthly rent for Elk River?
Based on 2023 city data, the average monthly rent is $1,033.00.
What is the average commute time?
Based on 2017 city data, the average commute is 28.3 mins.