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

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentElySt. Louis CountyMinnesotaUnited States
Less than $50040.2% (±19.2 points)14.6%8.4%6.3%
$500 to $99944.0% (±17.0 points)34.6%21.5%20.2%
$1,000 to $1,49912.1% (±12.6 points)28.3%33.6%28.1%
$1,500 to $1,9993.7% (±4.3 points)11.5%21.4%21.1%
$2,000 to $2,4990.0% (±3.4 points)7.2%9.2%12.0%
$2,500 to $2,9990.0% (±3.4 points)1.6%3.0%5.5%
$3,000 or more0.0% (±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

Estimate (90% margin of error)
ElySt. Louis CountyMinnesotaUnited States
Median gross rent$627 (±$167)$1,013 (±$36)$1,280 (±$7)$1,413
Rented homes paying rent646 (±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 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$494 (±$97)$627 (±$167)+26.9%No measurable change after inflation
Households that rent31.9% (±6.2 points)36.6% (±8.2 points)+4.7 percentage pointsNot a measurable change
Rental vacancy rate13.7% (±11.9 points)0.0% (±3.4 points)−13.7 percentage pointsMeasurable 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

Nearest places with a published estimate, compared with Ely
PlaceDistanceMedian gross rentCompared with this place
Ely—$627 (±$167)—
Winton2.8 mi$638 (±$231)Not measurably different
Morse Township (St. Louis County)7.1 mi$943 (±$24)Higher
Babbitt18 mi$737 (±$67)Not measurably different
Breitung Township19 mi$904 (±$751)Not measurably different
Tower21 mi$586 (±$36)Not measurably different
Fall Lake Township21 mi$800 (±$85)Not measurably different
Greenwood Township (St. Louis County)23 mi$667 (±$316)Not measurably different
Vermilion Lake Township25 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

RankPlaceMedian gross rent
38Gilbert$698 (±$199)
39Brevator Township$675 (±$277)
40Greenwood Township (St. Louis County)$667 (±$316)
41Meadowlands$655 (±$40)
42Floodwood$653 (±$165)
43Winton$638 (±$231)
44Ely$627 (±$167)
45Tower$586 (±$36)
46Cook$535 (±$35)
47Kinney$525 (±$314)
48White 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

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.

Request a Census API 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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