Monticello, MN vs Elk River, MN

Rent & cost of living comparison

Monticello, MN is 24% cheaper to rent than Elk River, MN, with median rents of $1,623 vs $2,129. Household income is higher in Elk River, MN ($108,741 vs $79,534). Monticello, MN is more renter-heavy at 35.3% renters.

Source: U.S. Census Bureau ACS, Zillow ZORI, HUD Fair Market Rents