Lake Elmo, Washington County, MN Housing Trends, Rent, Price-to-Rent

Market Summary

Lake Elmo, Washington County, MN

Median Home Price Price

$598,861 $598.9K

Median Monthly Rent Rent

$2,777 $2.8K

GRM

18.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Lake Elmo, MN is $2,777, with MoM change +$25 and YoY change +$133 pointing to positive momentum while volatility is low (std $30).

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Metric

Base market Lake Elmo, MN

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Delta vs base

Median rent

$2,777

N/A

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Median price

$598,861

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YoY change

+$133

N/A

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Price-to-rent

18.0x

Data unavailable

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