Elk River Homes under $250,000

Welcome to Elk River, Minnesota—a charming city that beautifully balances small-town warmth with modern conveniences. Nestled just 35 miles northwest of the bustling Twin Cities, Elk River boasts a picturesque setting along the banks of the scenic Elk River, making it a perfect retreat for nature lovers and outdoor enthusiasts. With its vibrant parks, scenic trails, and numerous recreational opportunities, this community is designed for those who appreciate an active lifestyle.

Elk River is known for its friendly atmosphere, excellent schools, and a strong sense of community. The city hosts a variety of local events throughout the year, from farmers’ markets to seasonal festivals, ensuring there's always something to engage residents and visitors alike. With its rich history and commitment to growth, Elk River is a place where families can thrive and create lasting memories.

For homebuyers on a budget, Elk River offers an appealing selection of homes under $250,000. Whether you’re a first-time buyer, a growing family, or looking to downsize, you’ll find a diverse range of options in this price range. From cozy single-family homes to charming townhouses, there’s something to suit every taste and need. The affordability of Elk River’s real estate market makes it an attractive option for those seeking a quality lifestyle without the hefty price tag.

Discover the warmth and charm of Elk River, where your dream home awaits at a price that won’t break the bank. Start your journey today and explore the possibilities this delightful city has to offer!

Newest Elk River Homes under $250,000

$243,500

2 Beds ⋅ 2 Baths ⋅ 7153364 MLS

Don’t miss this opportunity to own an impeccably maintained 2BR/2BA townhome in a prime Elk River location! This open floor plan is perfect for entertaining and features beautiful bamboo floors throughout the main level along with a cozy gas fireplace in the living room. The kitchen boasts a breakfast bar with a striking custom counter, a granite center island, and ample cabinet and countertop space. A convenient half bath is also located on the main level. Upstairs has versatile loft area, full bath, laundry, and two bedrooms, including the spacious primary bedroom with a walk-in closet. Enjoy the convenience of being within walking distance to a park, and pond. Additional highlights include an attached 2-car garage, asphalt driveway, and more!

17182 Nixon Court NW, Elk River

Listing courtesy of RE/MAX RESULTS.

$229,900

2 Beds ⋅ 2 Baths ⋅ 7153198 MLS

This unit is a blank canvas located in the highly regarded Elk River school district. Located near shopping along with easy highway access. Two large bedrooms and bathrooms, lots of storage, open kitchen, and walk out basement make this a great unit to make your own. Estate is aware the carpet needs to be replaced and will work with buyer. Open floorplan brings in good daylight. Easy to show and quick closing available.

8330 Parkview Avenue NE, Elk River

Listing courtesy of AA Realty.

$174,900

2 Beds ⋅ 1 Baths ⋅ 7115824 MLS

Welcome to 548 Auburn Way #A! This bright and inviting home offers a spacious, open-concept feel with a comfortable flow throughout. New carpet has just been installed, giving the home a fresh, clean feel and making it truly move-in ready. The generous layout provides plenty of room to relax and entertain, with great natural light throughout. Enjoy Barrington Park right across the street, complete with a playground and basketball court, plus nearby shopping, restaurants, and trails. A great opportunity for a homeowner or investor looking for a well-located property with a great combination of comfort, space, and convenience.

548 Auburn Place NW Unit A, Elk River

Listing courtesy of Pemberton RE.

$249,900

3 Beds ⋅ 2 Baths ⋅ 7111547 MLS

Welcome Home! This beautiful, move-in ready 3-bedroom, 2-bathroom townhome in Otsego offers the ideal combination of stylish design, functional layout, and everyday convenience—just minutes from local parks, scenic walking trails, popular shopping, and dining options. At the heart of the main level is an impressive kitchen, showcase-ready with rich maple cabinetry, stainless steel appliances, and a gorgeous granite center island with pendant lighting—perfect for meal prep, entertaining, or casual morning coffee. Head upstairs to find a thoughtfully designed layout featuring all 3 bedrooms on one upper level, along with convenient upper-level laundry. The primary suite serves as a peaceful retreat, featuring a generous walk-in closet and direct pass-through access to a full bath with double sinks. Versatility abounds with the upper-level spacious loft area—ready to transform into your dream home office, cozy reading nook, or secondary entertainment zone. Effortless living, great amenities, and fantastic proximity to everything Otsego has to offer—schedule your private tour today! Rentals Permitted.

16590 72nd Court NE, Elk River

Listing courtesy of Jernell Realty.

$244,900

3 Beds ⋅ 2 Baths ⋅ 7101005 MLS

SELLER NOW OFFERING $2000 TOWARDS BUYERS CLOSING COSTS! Welcome to this south-facing Trout Brook Farm townhome, where maintenance-free living meets an open, light-filled floor plan and tasteful finishes throughout. The main level flows easily between the living and dining areas, featuring wood laminate flooring and a warm gas fireplace, while the spacious kitchen delivers a breakfast bar, a dedicated coffee station, and storage to spare. A convenient half bath, a private patio perfect for grilling, and an attached 2-car garage round out the main floor. Head upstairs to three generously sized bedrooms with excellent closet space, including a roomy primary suite with a large walk-in closet and a walk-through to the full bath. Upper-level laundry keeps things simple. You'll also love the peace of mind that comes with a furnace replaced within the last two years. Let the association handle the landscaping and snow removal while you enjoy truly carefree living in this well-connected community, just minutes from HWY 169, HWY 10, and the Northstar Commuter Rail, and only up the road from everything Elk River offers: biking and walking trails, shopping, dining, and more. Move-in ready and waiting for you. Quick closing preferred!

10938 181st Lane NW, Elk River

Listing courtesy of Pemberton RE.

$179,900

2 Beds ⋅ 1 Baths ⋅ 7109163 MLS

Move-in ready one-level townhome in a quiet Elk River association! This 809 sq ft, 2-bedroom, 1-bath unit offers an open, easy-living layout with newer luxury vinyl plank flooring throughout. The bright living room flows into a dining area and kitchen with ample cabinet and counter space, perfect for entertaining. A door off the primary bedroom leads to a private 10" x 8' patio overlooking green space ideal for morning coffee or evening relaxation. The primary bedroom is conveniently located near the full bath, while the second bedroom offers flexibility for guests, a home office, or hobby space. An in-unit laundry room adds everyday convenience, and the attached one-car garage means no more scraping ice in winter. Association handles exterior maintenance and lawn care, so you can enjoy a low-maintenance lifestyle close to shopping, dining, Highway 10 and Highway 169 access. Don't miss this affordable, well-maintained opportunity to schedule your showing today!

540 Auburn Place NW Unit C, Elk River

Listing courtesy of Keller Williams Integrity NW.

$239,900

3 Beds ⋅ 2 Baths ⋅ 7047333 MLS

Welcome to this town home in a convenient Elk River location close to shopping, dining, parks, commuter routes and conveniently located just minutes from Twin Lakes Elementary. Offering 3 bedrooms, 2 bathrooms, and approximately 1,448 finished square feet, this home features a bright, open-concept main level, with new carpet in 2024, designed for comfortable everyday living. The spacious kitchen offers ample cabinetry, stainless steel appliances, breakfast bar seating, and flows seamlessly into the dining area and inviting living room with a cozy gas fireplace. Step outside to the private balcony, perfect for morning coffee or evening relaxation. Upstairs, you'll find two generous bedrooms, including a spacious primary suite with a walk-in closet and walk-through bath. A main-level bedroom and bath provide flexibility for guests, or a home office. The attached 2-car garage and lower-level laundry add everyday convenience. Enjoy association-maintained living in a desirable community. Hurry and schedule your showing today!

19172 Hoover Street NW, Elk River

Listing courtesy of Keller Williams Integrity NW.

$223,000

2 Beds ⋅ 2 Baths ⋅ 7100793 MLS

Welcome to this beautifully updated two-bedroom, two-bath end-unit townhome in a prime Elk River location offering privacy and convenience! The main level offers all the essentials: a spacious bedroom, full bathroom, bright living room with soaring ceilings, kitchen, and a conveniently located laundry/mechanical room with a stackable Maytag® washer and dryer. The kitchen is both stylish and functional with plenty of cabinetry, an updated Bosch dishwasher, and updated Maytag® microwave and stove. You'll find a versatile loft space on the upper level, as well as a second full bathroom and a large bedroom with a walk-in closet. Thoughtfully designed layout with natural light throughout! Updates completed between 2019 and 2023 include LVP flooring throughout the main level, tile backsplash and appliances in the kitchen, solid surface countertops, upgraded sink and lighting, new upper-level carpet, new front door lock, four new vinyl windows, fresh paint throughout including retextured and repainted ceilings, updated furnace, air conditioner, water heater, outside spigot, and completely remodeled bathrooms. Additional recent updates include a new roof (2023), whole-house water filtration system (2023), artificial turf added to the front yard for low-maintenance curb appeal (2024), and new ceiling fans installed (2024). A one-stall detached garage in a set of garages offers covered parking or additional storage. Move-in-ready, located within walking distance to a park with a playground and basketball court, and perfectly situated close to retail, entertainment, parks, schools, and more—makes it an ideal choice for comfortable everyday living with convenience. One-year home warranty included!

544 Auburn Place NW Unit H, Elk River

Listing courtesy of Edina Realty, Inc..

$189,900

2 Beds ⋅ 2 Baths ⋅ 7071744 MLS

Affordable 2-bedroom townhome with functional layout and convenient upper-level laundry. Main floor features a half bathroom, living area, and kitchen with granite countertops. Upper level includes 2 bedrooms and a full bathroom. Attached garage and low-maintenance living. Great opportunity for an owner-occupant or investor.

16106 71st Street NE, Elk River

Listing courtesy of RE/MAX Results.

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