1-Bedroom Rent · July 2026

1-Bedroom Apartment Rent in Elk River, MN

$1,250/mo

Median asking rent for a 1-bedroom apartment in Elk River, Minnesota as of July 2026. That's +41% lower than the citywide median of $2,129 and +10% below the national 1-bedroom median of $1,395.

1-Bedroom median
$1,250
July 2026
vs city overall
-41%
$2,129 city median
vs national
-10%
$1,395 US median
Minnesota rank
#17
of 64 cities

Income needed for a 1-bedroom in Elk River

Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 1-bedroom at the current median rent.

Annual income
$50,000
Monthly gross
$4,167
Hourly (full-time)
$24.04

Rent by apartment size in Elk River

Compare Elk River's median rent across every apartment size.

Studio
$1,100
1-Bedroom (current)
$1,250
2-Bedroom
$1,520
3-Bedroom
$2,020
4+ Bedroom
$2,270

Cheapest cities for a 1-bedroom in Minnesota

#City1-Bedroom rent
1Winona$780
2Austin$800
3Owatonna$800
4Bemidji$830
5Moorhead$860
6Waite Park$920
7Duluth$972
8Anoka$975
9Saint Cloud$1,003
10Mankato$1,030
11Rochester$1,120
12Little Canada$1,173
13Northfield$1,200
14South Saint Paul$1,200
15Saint Michael$1,220

Most expensive cities for a 1-bedroom in Minnesota

#City1-Bedroom rent
1Woodbury$1,870
2Maple Grove$1,805
3Eden Prairie$1,775
4Lakeville$1,750
5Cottage Grove$1,750
6Edina$1,723
7Blaine$1,710
8Plymouth$1,690
9Brooklyn Park$1,690
10Savage$1,660
11Rosemount$1,660
12Minnetonka$1,640
13Apple Valley$1,570
14Saint Louis Park$1,565
15Vadnais Heights$1,560

Nearby cities — 1-bedroom rent

Considering nearby alternatives? 2 of these cities have cheaper 1-bedroom rents than Elk River.

CityDistance1-Bedroom rentvs Elk River
Ramsey, MN10 mi$1,330+$80 (+6%)
Rogers, MN11 mi$1,490+$240 (+19%)
Saint Michael, MN11.8 mi$1,220$-30 (-2%)
Maple Grove, MN16.4 mi$1,805+$555 (+44%)
Champlin, MN16.7 mi$1,540+$290 (+23%)
Monticello, MN18.9 mi$1,340+$90 (+7%)
Anoka, MN20.2 mi$975$-275 (-22%)
Brooklyn Park, MN20.7 mi$1,690+$440 (+35%)
Coon Rapids, MN21 mi$1,505+$255 (+20%)
Plymouth, MN22.7 mi$1,690+$440 (+35%)
New Hope, MN22.7 mi$1,250
Wayzata, MN25.4 mi$1,400+$150 (+12%)

1-Bedroom rent in Elk River — common questions

How much is a 1-bedroom apartment in Elk River?

As of July 2026, the median 1-bedroom apartment rent in Elk River, Minnesota is $1,250 per month. This is +41% below the citywide median of $2,129.

What income do you need to afford a 1-bedroom in Elk River?

Using the standard 30% rent-to-income rule, you would need an annual income of about $50,000 ($4,167/month gross), which works out to roughly $24.04/hour at a full-time job.

Is Elk River expensive for a 1-bedroom compared to the rest of the US?

Elk River's 1-bedroom median of $1,250 is +10% below the national 1-bedroom median of $1,395. It ranks in the 40th percentile of US cities tracked.

How does Elk River rank for 1-bedroom rent in Minnesota?

Among the 64 cities in Minnesota with 1-bedroom data, Elk River ranks #17 from cheapest to most expensive.

Are there cheaper 1-bedroom options near Elk River?

Yes — nearby cities with cheaper 1-bedroom rents include Saint Michael ($1,220), Anoka ($975).

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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Elk River, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (July 2026) and exclude cities with median rent below $400 or above $20,000.