Cheap 2 Bedroom Apartments for Rent in Elk River, MN from $848 (32 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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.

close
View Me
Dove Tree Apartments
Rent Specials
$1,395 - $1,540
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,378 - $1,695

Total Monthly Price
Varies
2 Bedroom Apartments Available Now

Dove Tree Apartments

1105 Lions Park DrElk River, MN 55330
Family Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 716 Jackson Ave NW

$1,800

Total Monthly Price6 Month Lease Term

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

2 Bedroom, 1.5 Bath Home for Rent

Available Jul 1

716 Jackson Ave NW

Elk RiverMN55330
close
View Me
Evans Meadows
$1,817 - $3,466
Total Monthly Price

Total Monthly Price

Base Rent
$1,720 - $4,273
Required Monthly Fees
$4

Total Monthly Price
$1,724 - $4,277
2 Bedroom Apartments Available Now

Evans Meadows

341 Evans Ave NWElk River, MN 55330
  • Verified
  • Customer Reviewed
  • 3D Tour

Renting with Roommates: Realistic Expectations for Shared Lease

Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

close
View Me
Elk Ridge Manor
2 Bedroom Apartments

Elk Ridge Manor

847 Freeport Ave NWElk River, MN 55330
close
View Me
Elk Ridges Estates
2 Bedroom Apartments

Elk Ridges Estates

11755 191 1/2 Ave NWElk River, MN 55330
  • Utilities Included
close
View Me
Pineview Apartments
2 Bedroom Apartments

Pineview Apartments

23 3rd St NWElk River, MN 55330
  • Utilities Included
close
View Me
Elk Ridge Lodge
2 Bedroom Apartments

Elk Ridge Lodge

19522 Holt St NWElk River, MN 55330
  • Utilities Included
close
View Me
Pullman Place Cooperative
2 Bedroom Apartments

Pullman Place Cooperative

17155 Quincy St NWElk River, MN 55330
Senior Living
  • 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.

property at 13230 Meadowood Trail

$1,750

Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

2 Bedroom, 1 Bath Townhome for Rent

Available Now

13230 Meadowood Trail

MinneapolisMN55448
property at 7326 147 Ln NW

$1,795

Total Monthly Price

Total Monthly Price

Base Rent
$1,795

Total Monthly Price
$1,795

2 Bedroom, 2 Bath Townhome for Rent

Available Jun 2

7326 147 Ln NW

RamseyMN55303
property at 127 Jerry Liefert Dr

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

2 Bedroom, 1 Bath Home for Rent

Available Jun 1

127 Jerry Liefert Dr

MonticelloMN55362
property at 7224 147th Terrace NW

$1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995

2 Bedroom, 2 Bath Home for Rent

Available Now

property at 860 Independence Dr

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

2 Bedroom Rentals

Available Now

860 Independence Dr

Big LakeMN55309

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Elk River, MN Local Guide

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

Explore Elk River, MN Rentals by Map

View Map
Elk River, MN Apartments Map
View Map
Elk River, MN Rental Homes Map

Frequently Asked Questions about Cheap Elk River Apartments

What is a cheap apartment in Elk River?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Elk River is under $1,724.

What is the price of a cheap apartment in Elk River?

The cheapest apartment in Elk River is River Garden Apartments which is listed at $1,158, while the average apartment in Elk River costs $1,987.

What types of apartments are the cheapest in Elk River?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 4 regular apartments in Elk River that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.