Sign inJoin
Housing in Elk

Homes in Elk

Home prices around Elk have risen about 59% over the past 5 years.

2-bedroom rent
$1,050
a month, utilities in · HUD
Price trend

Home prices up 59% in 5 years

The federal house price index for the ZIP codes around Elk rose 59% over the past 5 years, faster than across Minnesota (37%). Last year prices rose 4.6%.

Elk areaMinnesota
0%+50%+100%+150%+200%+250%200020052010201520202025
+4.6%
past year
+59%
past 5 years
+97%
past 10 years

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Elk, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Renting

A two-bedroom rents for about $1,050

Fair Market Rent a month, utilities included

Studio$730
1 bedroom$810
2 bedrooms$1,050
3 bedrooms$1,300
4 bedrooms$1,420

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Jackson County, MN): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Elk vs. its neighbors

The towns that share a border with Elk. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Elk—+4.6%†$1,050$112,143
Worthington$249K+6.1%$1,070$121,250

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Elk buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Elk still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

Post to Elk

We’ll email a one-tap link to publish your post. No password, and nothing is public until you click it.
Already a member? Sign in