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States / Minnesota / Ely

Ely, MN Housing

ACS 2020-2024

Median Home Value
$157,300 ± $11,148
Median Gross Rent
$627 ± $167/mo
Homeownership Rate
63.4%
Rent as Share of Income
17.1%
Price-to-Income Ratio
3.6×
Vacancy Rate
9.9%
Median Year Built
1942

New Construction (2025)

Housing units authorized by building permit — a leading signal of new supply, from the Census Building Permits Survey.

Units Authorized
5
Buildings
5
Single-Family Units
5
Multi-Family Units
0

Nearby Cities in Minnesota

Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.

Ely, MN Housing: Rent & Home Values | HomeDataUSA