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2025 Compare Cities Housing:
Spring Lake Park, MN vs Elk River, MN

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Highlights
- The median age of a home in Spring Lake Park is 39.2% older than the median age of a home in Elk River.
 Spring Lake Park, MNElk River, MNUnited States
 Median Home Age51  Unlock42
 Median Home Cost  Unlock$362,100$338,100
 Home Appr. Last 12 months7.1%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock45.3%57.0%
 Home Appr. Last 10 yrs.89.0%  Unlock101.1%
 Property Tax Rate  Unlock$12.4$11.0
 Homes Owned68.2%  Unlock57.4%
 Housing Vacant  Unlock4.5%11.2%
 Homes Rented28.4%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Spring Lake Park, MNElk River, MNUnited States
 Average Rent  Unlock$1,760$1,840
 Studio Apartment$970  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,070$1,180
 2 Bedroom Home or Apartment$1,350  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,780$1,860
 4 Bedroom Home or Apartment$2,120  Unlock$2,160
 space1
 Vacant Housing
 Spring Lake Park, MNElk River, MNUnited States
 Vacant For Rent  Unlock0.4%1.9%
 Vacant Rented0.9%  Unlock0.4%
 Vacant For Sale  Unlock0.1%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock1.2%3.6%
 Vacant Other2.5%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Spring Lake Park, MNElk River, MNUnited States
 Less Than $20,000  Unlock0.9%2.6%
 $20,000 to $39,9993.3%  Unlock2.4%
 $40,000 to $59,999  Unlock2.3%2.8%
 $60,000 to $79,9990.0%  Unlock3.9%
 $80,000 to $99,999  Unlock0.0%4.5%
 $100,000 to $149,9991.4%  Unlock11.3%
 $150,000 to $199,999  Unlock22.6%13.0%
 $200,000 to $299,99952.8%  Unlock20.1%
 $300,000 to $399,999  Unlock17.7%13.6%
 $400,000 to $499,9993.1%  Unlock8.3%
 $500,000 to $749,999  Unlock2.9%9.7%
 $750,000 to $999,9990.0%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.1%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.2%1.1%
 space3
 Housing Units By Year Built
 Spring Lake Park, MNElk River, MNUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock22.4%13.6%
 2000 to 20096.8%  Unlock13.6%
 1990 to 1999  Unlock16.9%13.6%
 1980 to 198912.2%  Unlock13.2%
 1970 to 1979  Unlock18.0%14.8%
 1960 to 196913.3%  Unlock13.6%
 1950 to 1959  Unlock3.9%10.0%
 1940 to 19494.8%  Unlock4.7%
 1939 or Earlier  Unlock1.4%12.2%
Transportation
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Reviews for Elk River    3 Reviews
Jack · Elk River, MN
Transportation Growth to Lead to Economic Growth i
Over 16 years ago

The Northstar commuter rail line and the commuter rail station in Elk River (to be completed later in 2009) that will connect Elk River to Minneapolis, and a recent  More

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teri · Elk River, MN
to live
Over 18 years ago

good place to live and close to the  More

   |    Reply
Judy · Big Lake, MN
Elk River, Minnesota
Over 19 years ago

Small town but growing, nice place to live. Will be getting mass-transit soon, to  More

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Learn More About Spring Lake Park, Minnesota
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Learn More About Elk River, Minnesota
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