Market Summary

Ely, Saint Louis County, MN

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Median Home Price Price

$255,770 $255.8K

Median Monthly Rent Rent

$769 $769

GRM

28.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Saint Louis County

Region Price Rent GRM Display
$153,817 $1,098 12.0x
$200,739 $897 19.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MN outside of Saint Louis County

Region Price Rent GRM Display
$338,780 $778 36.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of MN

Region Price Rent GRM Display
$423,459 $1,394 25.0x
$248,364 $940 22.0x
$233,004 $778 25.0x
$638,095 $1,974 27.0x
$149,757 $886 14.0x
$414,474 $1,618 21.0x
$168,790 $1,023 14.0x
$222,947 $1,076 17.0x
$342,089 $1,083 26.0x
$143,875 $750 16.0x
$248,721 $1,314 16.0x
$190,751 $860 19.0x
$289,581 $705 34.0x
$480,434 $1,644 24.0x
$273,517 $1,584 14.0x
$219,985 $871 21.0x
$416,807 $1,621 21.0x
$224,655 $800 23.0x
$376,367 $1,080 29.0x
$144,630 $916 13.0x
$170,771 $715 20.0x
$428,003 $1,185 30.0x
$335,482 $1,782 16.0x
$793,361 $2,218 30.0x
$132,440 $720 15.0x
$488,714 $1,364 30.0x
$134,222 $777 14.0x
$156,349 $825 16.0x
$198,136 $1,285 13.0x
$152,914 $816 16.0x
$565,322 $2,007 23.0x
$184,929 $1,214 13.0x
$314,027 $682 38.0x

Home prices

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Monthly rent

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GRM

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Ely

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Trend Insights

Median Rent in Ely, MN is $769, with MoM change +$7 and YoY change +$43 pointing to positive momentum while volatility is low (std $11).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Ely, MN.

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Metric
Base market Ely, MN
Compare market Select a market
Delta vs base
Median rent
$769
N/A
Median price
$255,770
N/A
YoY change
+$43
N/A
Price-to-rent
27.7x
Data unavailable
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