Elgin, MN rental market
What is the average rent in Elgin, MN?
Last updated February 2, 2026
Rental market summary
The average rent for all bedrooms and all property types in Elgin, MN is $700.
Average rent
$700
Month-over-month change
-$2,500
Year-over-year change
+$700
Available rentals
1
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $700 to $700.
| Rent price | Number of rental properties |
|---|---|
| $600 | 1 |
| $700+ | 1 |
Average rent price over time
In the last year, rent has increased by $700 compared to the previous year.
| Last year (2025) | This year (2026) | |
|---|---|---|
| Jan | $995 | $3,200 |
| Apr | $995 | $700 |
| May | $995 | No data |
| Jun | $995 | No data |
| Jul | $1,250 | No data |
| Aug | $1,250 | No data |
| Sep | $1,250 | No data |
| Oct | $1,250 | No data |
| Nov | $1,800 | No data |
Market temperature
The Elgin, MN rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Elgin, MN is 65% lower than the national average.
$700
$1,995
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Frequently asked questions
1. What is the average rent in Elgin, MN?
2. What is the average rent for a two-bedroom apartment in Elgin, MN?
3. How much does it cost to rent a house in Elgin, MN?
4. How has the rent in Elgin, MN changed in the last year?
5. How much has the rent in Elgin, MN increased/decreased in the last month?
6. How many available rentals are there in Elgin, MN?
7. How do rent prices in Elgin, MN compare with the national average?
