Market Summary

Elko New Market, Scott County, MN

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Median Home Price Price

$453,880 $453.9K

Median Monthly Rent Rent

$2,535 $2.5K

GRM

15.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Scott County

Region Price Rent GRM Display
$388,019 $1,805 18.0x
$336,662 $1,586 18.0x
$411,070 $2,041 17.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MN outside of Scott County

Region Price Rent GRM Display
$589,802 $2,449 20.0x
$312,671 $1,543 17.0x
$420,753 $1,871 19.0x
$471,855 $2,104 19.0x
$316,836 $1,479 18.0x
$366,390 $1,517 20.0x
$319,431 $1,471 18.0x
$383,934 $1,520 21.0x
$361,820 $1,521 20.0x
$296,971 $1,929 13.0x
$387,270 $1,712 19.0x

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
$899,043 $2,595 29.0x
$280,604 $1,255 19.0x
$277,509 $1,443 16.0x
$543,549 $2,536 18.0x
$431,559 $2,243 16.0x
$984,444 $2,504 33.0x
$442,336 $2,382 15.0x
$154,666 $1,025 13.0x
$741,464 $2,375 26.0x
$345,853 $1,626 18.0x
$579,711 $2,607 18.0x
$306,503 $1,493 17.0x
$323,989 $983 27.0x
$1,070,785 $2,378 37.0x
$220,788 $1,251 15.0x
$375,769 $2,593 12.0x
$339,127 $1,678 17.0x
$145,982 $864 14.0x
$577,827 $2,320 21.0x
$548,783 $2,305 20.0x
$273,823 $1,085 21.0x
$344,964 $1,675 17.0x
$321,315 $2,408 11.0x
$395,238 $1,573 21.0x
$884,619 $2,253 33.0x
$420,377 $2,046 17.0x
$515,174 $2,223 19.0x

Home prices

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Monthly rent

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GRM

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Elko New Market

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Trend Insights

Median Rent in Elko New Market, MN is $2,535, with MoM change +$21 and YoY change +$98 pointing to positive momentum while volatility is low (std $22).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Elko New Market, MN.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Elko New Market, MN
Compare market Select a market
Delta vs base
Median rent
$2,535
N/A
Median price
$453,880
N/A
YoY change
+$98
N/A
Price-to-rent
14.9x
Data unavailable
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