Cheap Apartments for Rent in Elbow Lake, MN from $695 (51 Rentals)

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Search the lowest-cost Apartments available for rent right now in Elbow Lake.

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Elbow Lake Apartments
1 to 2 Bedroom Apartments

Elbow Lake Apartments

111 1st St NEElbow Lake, MN 56531
  • Utilities Included
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Elmwood Terrace
1 to 2 Bedroom Apartments

Elmwood Terrace

17 5th Ave NEElbow Lake, MN 56531
property at 97 7th Ave S
$400

Total Monthly Price

Base Rent$400
Total Monthly Price$400
1 Bedroom, 1 Bath Home for Rent
Available Now

97 7th Ave S

WahpetonND58075
property at 902 1st St S
$400

Total Monthly Price

Base Rent$400
Total Monthly Price$400
2 Bedroom, 1 Bath Home for Rent
Available Now

902 1st St S

WahpetonND58075
property at 511 Main Ave N
$580

Total Monthly Price

Base Rent$580
Total Monthly Price$580
2 Bedroom, 1 Bath Home for Rent
Available Now

511 Main Ave N

HankinsonND58041
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North Valley Apartments
$700 - $1,100

Total Monthly Price

Base Rent$700 - $1,100
Total Monthly Price$700 - $1,100
12 Month Lease Term
Studio to 2 Bedroom Apartments Available Now

North Valley Apartments

910 34th Ave WAlexandria, MN 56308
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  • Utilities Included
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Central Lakes
$710 - $1,835

Total Monthly Price

Base Rent$710 - $1,835
Total Monthly Price$710 - $1,835
Studio to 3 Bedroom Apartments Available Now

Central Lakes

2106 Runestone AveAlexandria, MN 56308
Family Friendly
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  • Customer Reviewed
  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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McKay Apartments
$775 - $1,100

Total Monthly Price

Base Rent$775 - $1,100
Total Monthly Price$775 - $1,100
12 Month Lease Term
Studio to 2 Bedroom Apartments Available Now

McKay Apartments

404 S Mckay AveAlexandria, MN 56308
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  • Smoke Free

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Somerset Apartments
$945 - $1,255

Total Monthly Price

Base Rent$945 - $1,255
Total Monthly Price$945 - $1,255
6 Month Lease Term
1 to 3 Bedroom Apartments Available Soon

Somerset Apartments

1120 Somerset RdFergus Falls, MN 56537
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Granite Manor/Runestone
$953 - $1,763

Total Monthly Price

Base Rent$945 - $1,755
Required Monthly Fees$8
Total Monthly Price$953 - $1,763
12 Month Lease Term
Studio to 3 Bedroom Apartments Available Now

Granite Manor/Runestone

4727 Arbor Crossing SEAlexandria, MN 56308
Pet Friendly
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Page House
1 Bedroom Apartments

Page House

221 E Cavour AveFergus Falls, MN 56537
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Silverleaf Apartments
1 Bedroom Apartments

Silverleaf Apartments

124 E Summit AveFergus Falls, MN 56537
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Goldenwood
1 to 2 Bedroom Apartments

Goldenwood

1145 Friberg AveFergus Falls, MN 56537
Senior Living
  • Utilities Included
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806 W 5th St
Studio to 1 Bedroom Apartments

806 W 5th St

806 W 5th StMorris, MN 56267
Corporate Housing
  • Utilities Included
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Carolina Village
1 to 2 Bedroom Apartments

Carolina Village

511 Carolina AveHoffman, MN 56339
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Heritage Square
1 to 3 Bedroom Apartments

Heritage Square

500 Dakota AveWahpeton, ND 58075
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Del Rose Apartments
1 to 2 Bedroom Apartments

Del Rose Apartments

504 3rd Ave NWahpeton, ND 58075
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Willow Square
1 Bedroom Apartments

Willow Square

305 N Clayborn AveParkers Prairie, MN 56361
Senior Living
  • Utilities Included
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Aspen Green II
1 to 2 Bedroom Apartments

Aspen Green II

720 Melody LnFergus Falls, MN 56537
  • Utilities Included
property at 1605 7th St N
$735 - $795
1 To 2 Bedroom Rentals
Available Now

1605 7th St N

WahpetonND58075
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1504 & 1508 Jefferson St
1 to 2 Bedroom Apartments

1504 & 1508 Jefferson St

1504-1508 Jefferson StAlexandria, MN 56308
Student Housing
  • Utilities Included
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Eastside Acres
1 Bedroom Apartments

Eastside Acres

404 E 3rd StChokio, MN 56221
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Lamplighter Apartments
1 to 2 Bedroom Apartments

Lamplighter Apartments

201 W 5th StMorris, MN 56267
Student Housing
  • Utilities Included
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Cardinal Estates
1 to 3 Bedroom Apartments

Cardinal Estates

300-302 South StMorris, MN 56267
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Showing Results 1-50, Page 1 of 2

Elbow Lake, MN Local Guide

Cheapest Available Elbow Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elbow Lake, MN is a Studio unit found at North Valley Apartments priced from $700. Center Street Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $745. Here is today’s list of the most affordable Elbow Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
North Valley ApartmentsEfficiencyStudio, 1BA$700
Center Street ApartmentsWahp 2 bed2BR, 1BA$745
Twenty08 ApartmentsA.1 TIFStudio, 1BA$820
10th Avenue Apartments1873 - Studio/1BAStudio, 1BA$850
Water Station Apartments1 bedroom1BR, 1BA$860
Central LakesB.1 INCOME RESTRICTED1BR, 1BA$893
Cascade ApartmentsOne Bedroom1BR, 1BA$898
Spruce Place Apartments2 Bedroom | Laurel Place2BR, 1BA$900
Campus View Historic Apartments1 Beds, 1 Baths1BR, 1BA$900
Trailside Apartments - 55+ CommunityCOWDREY STUDIO - AVAILABLE FALL 2026!Studio, 1BA$923

Best Value Apartments for Rent in Elbow Lake, MN and Nearby

As of September 22, 2026 the best value apartment in the Elbow Lake area is the $1.34 price per square foot 3 Bedrooms, 2 full, 4727 Arbor Xing SE Model at Granite Manor/Runestone starting from $1,763. The second greatest value Elbow Lake apartment is the 2 Bedroom 2 Bathroom Model at Westdale Apartments starting at $1,205 with a $1.25 price per square foot. Here is today’s list of the best values for Elbow Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Granite Manor/Runestone3 Bedrooms, 2 full, 4727 Arbor Xing SE3BR, 2BA$1.34
Westdale Apartments2 Bedroom 2 Bathroom2BR, 2BA$1.25
Broadway Garden Estates1 bedroom 1 bathroom1BR, 1BA$1.19
Spruce Place Apartments2 Bedroom | Laurel Place2BR, 1BA$1.01
Runestone Grand Apartments2 Bedroom2BR, 1BA$1.07
Colonial Village ApartmentsColonial: 2 Bedroom Apt2BR, 1BA$1.13
Center Street ApartmentsWahp 2 bed2BR, 1BA$0.93
Water Station Apartments1 bedroom1BR, 1BA$1.08
Lamplighter ApartmentsTwo Bedroom One Bathroom2BR, 1BA$1.30
Cascade ApartmentsOne Bedroom1BR, 1BA$1.33

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Elbow Lake, MN Rentals by Map

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See the most popular apartments and homes in Elbow Lake, MN

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Frequently Asked Questions about Cheap Elbow Lake Apartments

What is the Cheapest Studio apartment in Elbow Lake?

Currently the most affordable Cheap Studio Apartment in Elbow Lake is at North Valley Apartments listed at $700.

How much is rent for a Cheap One Bedroom Elbow Lake Apartment?

The lowest price for a Cheap One Bedroom Elbow Lake Apartment is $860 at Water Station Apartments.

What is the lowest price for a Cheap Two Bedroom Elbow Lake Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Elbow Lake is starting from $745 at Center Street Apartments.

What is the most affordable Elbow Lake Three Bedroom Apartment?

The best deal on a cheap Elbow Lake Three Bedroom Apartment rental is at 10th Avenue Apartments and starts from $1,095.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.