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Elmore, MN Home Values and Rents

The typical home value in Elmore is $84,108. Median rent is $1,006 a month.

Typical home value
$84,108
Zillow
Median rent
$1,006/mo
ACS 2020-2024
Price change, 1 year
+3.2%
Sep 2026
Homeownership
77.8%
MN: 72.2%

Typical home value in Elmore

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodElmore
Sep 2026$84,108
Dec 2025$81,938
Dec 2024$82,752
Dec 2023$76,524
Dec 2022$72,948

Source: Zillow Research · Last updated 09/01/2026

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Fair Market Rents, FY2027

HUD rent standard for Faribault County, MN

MN rents
Unit sizeMonthly rentvs FY2026
Studio$706+5.2%
1 bedroom$859+8.7%
2 bedrooms$1,014+4.2%
3 bedrooms$1,386+5.6%
4 bedrooms$1,391+5.6%

Frequently asked questions

What is the typical home value in Elmore, MN?
The typical home value in Elmore is $84,108 (Zillow Home Value Index, Sep 2026). The Minnesota median is $329,300.
How much is rent in Elmore?
The median rent in Elmore is $1,006 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,014.
Are home prices going up in Elmore?
The typical home value in Elmore changed +3.2% over one year and - over five years, as of Sep 2026.