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Comprehensive Housing Market Study Updates City of Elk River, Minnesota

April 06, 2018

Category: Housing

Comprehensive Housing Market Study Updates City of Elk River, Minnesota



The study identifies a potential demand for approximately 864 new housing units through 2025. About 20% of the total demand is for senior housing; while general-occupancy housing accounted for 80% of the demand. Demand is strongest for for-sale housing, representing 395 of the 864 new housing units. There is also strong demand for additional market rate (172 units) and affordable rental housing (93 units).




City of Elk River Economic Development
13065 Orono Parkway | Elk River, MN  55330
phone 763.635.1000