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Cheap Apartments for Rent in Elk River, MN from $800 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Elk River.
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from $895Studio to 1 Bedroom Apartments Available Now
Elk River Lodge and Apartments
17432 Zane St NWElk River, MN 55330
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from $1,0451 to 3 Bedroom Apartments Available Now
Elk Ridge Lodge
19522 Holt St NWElk River, MN 55330
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from $1,0951 to 2 Bedroom Apartments Available Jul 1
Elk Crossing Apartments
814 Proctor Ave NWElk River, MN 55330
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from $1,1201 to 2 Bedroom Apartments Available Aug 8
Ridgewood Manor Partnership
11931 191 1/2 Ave NWElk River, MN 55330
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from $1,136Studio to 3 Bedroom Apartments Available Now
Jackson Hills
725 6th St NWElk River, MN 55330
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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from $1,2002 Bedroom Apartment Available Now
11755 191 1/2 Ave NW, Unit #204
11755 191 1/2 Ave NWElk River, MN 55330
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Rent Specials
from $1,245Studio to 2 Bedroom Apartments Available Now
The Delta Apartments
17350 Zane St NWElk River, MN 55330
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from $1,3953 Bedroom Apartments Contact Us For Availability
Dove Terrace
1227 School St NWElk River, MN 55330
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from $1,3952 to 3 Bedroom Apartments Available Now
Lions Park Apartments
1001 School St NWElk River, MN 55330
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The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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Showing Results 1-18, Page 1 of 1
Elk River, MN Local Guide
Main Street in Elk River by 123dieinafire is licensed under CCO 1.0
How much does it cost to rent an apartment in Elk River?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elk River Studio Apartments | $1,059 | $895 | $1,245 |
| Elk River 1 Bedroom Apartments | $1,497 | $853 | $3,640 |
| Elk River 2 Bedroom Apartments | $1,882 | $988 | $3,810 |
| Elk River 3 Bedroom Apartments | $2,135 | $1,395 | $2,750 |
| Elk River 4 Bedroom Apartments | $2,622 | $2,200 | $2,899 |
Browse Top Apartments in Elk River
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Elk River, MN Local Guide
- Elk River Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Elk River, MN
Pricing Updated: 06/14/2025Current apartment rentals in the Elk River, MN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Elk River Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Twin Lakes Estates | $3,170 | $853 | 22 |
Cheapest Available Elk River Apartments for Rent
The cheapest available apartment rental in Elk River, MN is a 3 Beds unit found at Clear Sky in the Clemens Munsinger Gardens neighborhood priced from $818. Pineview Apartments in the Twin Lakes Estates neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $853. Here is today’s list of the most affordable Elk River apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Clear Sky | Meridian | 3BR,2BA | $818 |
| Pineview Apartments | 1 Bed, 1 bath | 1BR,1BA | $853 |
| Elk River Lodge and Apartments | Studio | Studio,1BA | $895 |
| Elk Ridge Lodge | One Bedroom | 1BR,1BA | $1,045 |
| School Place Apartments | 1 BR/1 BA | 1BR,1BA | $1,095 |
Best Value Apartments for Rent in Elk River, MN
As of June 14, 2025 the best value apartment in the Elk River area is the $1.80 price per square foot Meadows Model at Evans Meadows in the in the Twin Lakes Estates neighborhood starting from $1,915. The second greatest value Elk River apartment is the 11755 191 1/2 Ave NW Model at 11755 191 1/2 Ave NW, Unit #204 starting at $1,200 with a $1.19 price per square foot in the Twin Lakes Estates neighborhood. Here is today’s list of the best values for Elk River apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Evans Meadows | Meadows | 2BR,2BA | $1.80 |
| 11755 191 1/2 Ave NW, Unit #204 | 11755 191 1/2 Ave NW | 2BR,1BA | $1.19 |
| Lions Park Apartments | Two Bedroom/ One Bath | 2BR,1BA | $1.45 |
| Clear Sky | Sunrise | 2BR,1BA | $1.37 |
| Dove Tree Apartments | 2 Bedroom 1 Bath B | 2BR,1BA | $1.68 |
| Lake Orono Estates | 2BR 1BA Garden | 2BR,1BA | $1.42 |
| Pineview Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.07 |
| The Delta Apartments | 1 bed 1 bath | 1BR,1BA | $1.92 |
| Jackson Hills | Pebble Creek - CONTACT FOR AVAILABILITY | 1BR,1BA | $1.84 |
| Elk Ridge Lodge | One Bedroom | 1BR,1BA | $1.65 |
Quick Rent Budget Calculator
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Best Local Schools in Elk River, MN
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Elk River, MN Apartments MapElk River, MN Rental Homes MapGetting Around Elk River, MN
Walk Score®
33 / 100
Car-Dependent
Most errands require a car
Bike Score®
37 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,395.
What is the price of a cheap apartment in Elk River?
The cheapest apartment in Elk River is Pineview Apartments which is listed at $853, while the average apartment in Elk River costs $3,170.
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 1 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 $652 which is $2,518 cheaper than the average rent for all rentals in Elk River.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.