Cheap 2 Bedroom Apartments for Rent in Elk River, MN from $735 (25 Rentals)

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property at 942 Main St NW

$1,425

Total Monthly Price

Total Monthly Price

Base Rent
$1,425

Total Monthly Price
$1,425

2 Bedroom, 1 Bath Home for Rent

Available Now

942 Main St NW

Elk RiverMN55330

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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Dove Tree Apartments
Rent Specials
$1,540
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,295 - $1,820

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
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Evans Meadows
$1,828 - $3,418
Total Monthly Price

Total Monthly Price

Base Rent
$1,655 - $3,414
Required Monthly Fees
$4

Total Monthly Price
$1,659 - $3,418
2 Bedroom Apartments Available Now

Evans Meadows

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

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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Granite Shores
$1,850 - $2,165
Total Monthly Price

Total Monthly Price

Base Rent
$1,850 - $2,120
Required Monthly Fees
$45

Total Monthly Price
$1,895 - $2,165
2 Bedroom Apartments Available Aug 15

Granite Shores

633 Main StElk River, MN 55330
Family Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
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Elk Ridge Manor
2 Bedroom Apartments

Elk Ridge Manor

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

Elk Ridges Estates

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

Pineview Apartments

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

Elk Ridge Lodge

19522 Holt St NWElk River, MN 55330
  • Utilities Included

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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Pullman Place Cooperative
2 Bedroom Apartments

Pullman Place Cooperative

17155 Quincy St NWElk River, MN 55330
Senior Living
  • Utilities Included
property at 16125 72nd St NE

$1,975

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,975

Total Monthly Price
$1,975

2 Bedroom, 2 Bath Townhome for Rent

Available Aug 15

16125 72nd St NE

OtsegoMN55330

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.

property at 860 Independence Dr

$1,799

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,799

Total Monthly Price
$1,799

2 Bedroom Rentals

Available Now

860 Independence Dr

Big LakeMN55309

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.

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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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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!

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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 $1,659.

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

The cheapest apartment in Elk River is Dove Terrace which is listed at $1,425, while the average apartment in Elk River costs $2,047.

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 10 regular apartments in Elk River that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Elk River?

Cheap apartments in Elk River have an average cost of $860 which is $1,187 cheaper than the average rent for all rentals in Elk River.

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

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.