Market Summary

Elk River, Sherburne County, MN

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Median Home Price Price

$377,047 $377K

Median Monthly Rent Rent

$1,613 $1.6K

GRM

20.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Sherburne County

Region Price Rent GRM Display
$357,127 $1,631 18.0x
$360,262 $1,015 30.0x
$319,431 $1,471 18.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MN outside of Sherburne County

Region Price Rent GRM Display
$312,671 $1,543 17.0x
$336,662 $1,586 18.0x
$321,063 $1,314 20.0x
$302,471 $1,525 17.0x
$316,836 $1,479 18.0x
$411,070 $2,041 17.0x
$336,563 $1,307 22.0x
$388,019 $1,805 18.0x
$320,145 $1,380 19.0x
$304,787 $1,536 16.0x
$311,850 $1,538 17.0x

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
$345,853 $1,626 18.0x
$313,339 $1,439 18.0x
$266,820 $1,599 14.0x
$341,192 $1,564 18.0x
$473,253 $1,601 25.0x
$353,699 $1,715 17.0x
$340,750 $1,545 18.0x
$442,336 $2,382 15.0x
$423,685 $2,055 17.0x
$372,211 $1,608 19.0x
$320,000 $1,581 17.0x
$344,964 $1,675 17.0x
$703,735 $1,571 37.0x
$485,767 $1,627 25.0x
$395,046 $1,617 20.0x
$371,741 $1,874 17.0x
$339,127 $1,678 17.0x
$105,304 $1,123 8.0x
$344,832 $1,526 19.0x
$630,368 $1,659 32.0x
$239,249 $1,248 16.0x
$384,626 $1,558 21.0x
$299,638 $1,351 19.0x
$240,591 $1,534 13.0x

Home prices

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Monthly rent

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GRM

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Elk River

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Trend Insights

Median Rent in Elk River, MN is $1,613, with MoM change +$12 and YoY change +$63 pointing to positive momentum while volatility is low (std $14).

Benchmark Markets Side by Side

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

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Metric
Base market Elk River, MN
Compare market Select a market
Delta vs base
Median rent
$1,613
N/A
Median price
$377,047
N/A
YoY change
+$63
N/A
Price-to-rent
19.5x
Data unavailable
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