What percentage of people rent in Elk River, MN?

Name: Renters and owners in Elk River, MN, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

20.8% (±4.2 points) of the occupied homes in Elk River, MN are rented (2020–2024 American Community Survey).

That is 2,043 renting households against 7,792 that own their home.

In Elk River, the share of households that rent went from 21.4% in 2015–2019 to 20.8% in 2020–2024 (−0.6 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 20.8% (±4.2 points)
Renting households: 2,043 (±445)
Median renter income: $53,358 (±$7,455)

Who rents and who owns in Elk River

Tenure, estimate (90% margin of error)
	Elk River	Sherburne County	Minnesota	United States
Renter-occupied share	20.8% (±4.2 points)	16.8% (±1.7 points)	27.8% (±0.2 points)	34.8%
Renting households	2,043 (±445)	5,957 (±619)	641,268 (±4,528)	45,017,354
Owning households	7,792 (±450)	29,598 (±586)	1,666,687 (±7,556)	84,210,142
Average renter household size	1.9 (±0.2)	2.0 (±0.2)	2.0 (±0.0)	2.3
Average owner household size	2.9 (±0.1)	2.9 (±0.0)	2.6 (±0.0)	2.6
Median renter household income	$53,358 (±$7,455)	$50,816 (±$5,875)	$51,080 (±$531)	$52,966
Median owner household income	$132,083 (±$14,015)	$120,053 (±$5,134)	$108,214 (±$476)	$100,009

In Elk River, the renter share is not measurably different from Sherburne County (16.8%).

It is also lower than in Minnesota (27.8%).

It is lower than the national figure (34.8%).

In Sherburne County, Elk River ranks 1 of 15 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 541 of 2,628.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Elk River has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	21.4% (±3.4 points)	20.8% (±4.2 points)	−0.6 percentage points	Not a measurable change
Median gross rent	$1,036 (±$111)	$1,283 (±$142)	+23.8%	No measurable change after inflation
Median household income	$89,596 (±$7,031)	$108,741 (±$13,753)	+21.4%	No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Elk River

Nearest places with a published estimate, compared with Elk River
Place	Distance	Households that rent	Compared with this place
Elk River	—	20.8% (±4.2 points)	—
Otsego	5.4 mi	7.3% (±2.7 points)	Lower
Nowthen	5.7 mi	2.7% (±2.8 points)	Lower
Livonia Township	7.0 mi	4.4% (±5.2 points)	Lower
Big Lake Township	7.3 mi	5.4% (±3.3 points)	Lower
Ramsey	7.5 mi	15.0% (±2.5 points)	Lower
Zimmerman	7.6 mi	17.9% (±6.0 points)	Not measurably different
Albertville	8.1 mi	11.8% (±4.9 points)	Lower
Big Lake	8.6 mi	13.1% (±3.8 points)	Lower

Nearby places with a measurably lower figure: Otsego, MN (7.3%), Nowthen, MN (2.7%), Livonia Township, MN (4.4%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Sherburne County, place by place

Rank	Place	Households that rent
1	Elk River	20.8% (±4.2 points)
2	Becker	20.7% (±6.9 points)
3	Zimmerman	17.9% (±6.0 points)
4	Clear Lake	15.6% (±11.1 points)
5	Big Lake	13.1% (±3.8 points)
6	Blue Hill Township	8.1% (±7.6 points)
7	Santiago Township	6.3% (±2.8 points)

Showing 7 of 15 places in Sherburne County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Elk River

How many renters are there in Elk River?

Elk River has an estimated 2,043 (±445) renting households, 20.8% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Elk River?

In Elk River, the share of households that rent went from 21.4% in 2015–2019 to 20.8% in 2020–2024 (−0.6 percentage points), not a measurable change.

How big are renting households in Elk River?

A renting household in Elk River has 1.9 people on average, against 2.9 in an owned home.

How much do renters earn in Elk River?

The median renting household in Elk River, MN has an income of $53,358 (±$7,455) a year, against $132,083 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Elk River city, Minnesota (place:18674, in state:27).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.