What is the median rent in Ely, MN?
The median gross rent in Ely, MN is $627 (±$167) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 646 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Ely, the median gross rent went from $494 in 2015–2019 to $627 in 2020–2024 (+26.9%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median gross rent
- $627 (±$167)
- Rented homes
- 646 (±175)
- $2,000 or more
- 0.0%
- Since 2015–2019
- +26.9%
How much rent costs in Ely
| Monthly gross rent | Ely | St. Louis County | Minnesota | United States |
|---|---|---|---|---|
| Less than $500 | 40.2% (±19.2 points) | 14.6% | 8.4% | 6.3% |
| $500 to $999 | 44.0% (±17.0 points) | 34.6% | 21.5% | 20.2% |
| $1,000 to $1,499 | 12.1% (±12.6 points) | 28.3% | 33.6% | 28.1% |
| $1,500 to $1,999 | 3.7% (±4.3 points) | 11.5% | 21.4% | 21.1% |
| $2,000 to $2,499 | 0.0% (±3.4 points) | 7.2% | 9.2% | 12.0% |
| $2,500 to $2,999 | 0.0% (±3.4 points) | 1.6% | 3.0% | 5.5% |
| $3,000 or more | 0.0% (±3.4 points) | 2.2% | 3.0% | 6.8% |
The most common range is $500 to $999, paid by 44.0% of renting households.
0.0% of rented homes in Ely cost $2,000 or more a month.
Ely against St. Louis County, its state and the nation
| Ely | St. Louis County | Minnesota | United States | |
|---|---|---|---|---|
| Median gross rent | $627 (±$167) | $1,013 (±$36) | $1,280 (±$7) | $1,413 |
| Rented homes paying rent | 646 (±175) | 23,487 (±916) | 614,257 (±4,397) | 42,849,984 |
In Ely, median gross rent is lower than in St. Louis County ($1,013).
It is also lower than in Minnesota ($1,280).
It is lower than the national figure ($1,413).
In St. Louis County, Ely ranks 44 of 48 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 1235 of 1,347.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Ely has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $494 (±$97) | $627 (±$167) | +26.9% | No measurable change after inflation |
| Households that rent | 31.9% (±6.2 points) | 36.6% (±8.2 points) | +4.7 percentage points | Not a measurable change |
| Rental vacancy rate | 13.7% (±11.9 points) | 0.0% (±3.4 points) | −13.7 percentage points | Measurable decrease |
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.
Median gross rent in places near Ely
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Ely | — | $627 (±$167) | — |
| Winton | 2.8 mi | $638 (±$231) | Not measurably different |
| Morse Township (St. Louis County) | 7.1 mi | $943 (±$24) | Higher |
| Babbitt | 18 mi | $737 (±$67) | Not measurably different |
| Breitung Township | 19 mi | $904 (±$751) | Not measurably different |
| Tower | 21 mi | $586 (±$36) | Not measurably different |
| Fall Lake Township | 21 mi | $800 (±$85) | Not measurably different |
| Greenwood Township (St. Louis County) | 23 mi | $667 (±$316) | Not measurably different |
| Vermilion Lake Township | 25 mi | $900 (±$92) | Higher |
Nearby places with a measurably higher figure: Morse Township (St. Louis County), MN ($943), Vermilion Lake Township, MN ($900).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across St. Louis County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 38 | Gilbert | $698 (±$199) |
| 39 | Brevator Township | $675 (±$277) |
| 40 | Greenwood Township (St. Louis County) | $667 (±$316) |
| 41 | Meadowlands | $655 (±$40) |
| 42 | Floodwood | $653 (±$165) |
| 43 | Winton | $638 (±$231) |
| 44 | Ely | $627 (±$167) |
| 45 | Tower | $586 (±$36) |
| 46 | Cook | $535 (±$35) |
| 47 | Kinney | $525 (±$314) |
| 48 | White Township | $509 (±$138) |
Showing 11 of 48 places in St. Louis 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 Ely
What is the average rent in Ely, MN?
The Census Bureau publishes the median rather than the average: the median gross rent in Ely is $627 (±$167) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Ely?
In Ely, the median gross rent went from $494 in 2015–2019 to $627 in 2020–2024 (+26.9%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
How many rentals in Ely cost more than $2,000 a month?
0.0% of rented homes in Ely have a gross rent of $2,000 or more a month, and 40.2% cost less than $500.
Is rent in Ely higher than in St. Louis County?
In Ely, median gross rent is lower than in St. Louis County ($1,013).
It is also lower than in Minnesota ($1,280).
It is lower than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Ely city, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Ely city, Minnesota
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Ely city, Minnesota
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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) for Ely city, Minnesota (place:19142, in state:27).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
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.
Figures last updated on .
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