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$573 - $2,047
Plus Fees12 Month Lease Term
1 to 4 Bedroom Apartments Contact Us For AvailabilityClear Sky
10730 175th AveElk River, MN 55330
Cheap Apartments for Rent in Elk River, MN from $500 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in Elk River.
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$845 - $1,000
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowElk River Lodge and Apartments
17432 Zane St NWElk River, MN 55330
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$1,058
Plus Fees
1 Bedroom Apartments Contact Us For AvailabilityRiver Garden Apartments
337 Baldwin AveElk River, MN 55330
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$1,150 - $1,290
Plus Fees
1 to 2 Bedroom Apartments Available Aug 7Ridgewood Manor Partnership
11931 191 1/2 Ave NWElk River, MN 55330
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$1,189 - $1,882
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,170 - $1,863
Required Monthly Fees
$19
Total Monthly Price
$1,189 - $1,882
Jackson Hills Apartments
725 6th St NWElk River, MN 55330
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$1,195 - $1,525
Plus Fees
2 Bedroom Apartments Available Jul 1Elk Crossing Apartments
814 Proctor Ave NWElk River, MN 55330
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Rent Specials
$1,245 - $1,760
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowThe Delta Apartments
17350 Zane St NWElk River, MN 55330
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$1,300
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,300
Total Monthly Price
$1,300
11755 191 1/2 Ave NW, Unit #302
11755 191 1/2 Ave NWElk River, MN 55330
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$1,3002 Bedroom Apartments Available Now
365 Baldwin Ave NW, Unit 106
365 Baldwin Ave NWElk River, MN 55330
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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$1,3002 Bedroom Apartments Available Now
365 Baldwin Ave NW, Unit 105
365 Baldwin Ave NWElk River, MN 55330
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Rent Specials
$1,395 - $1,595
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowLions Park Apartments
1001 School St NWElk River, MN 55330
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$1,425 - $1,645
Plus Fees12 Month Lease Term
2 to 3 Bedroom Apartments Available NowDove Terrace
1227 School St NWElk River, MN 55330
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$1,709 - $3,509
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,705 - $3,505
Required Monthly Fees
$4
Total Monthly Price
$1,709 - $3,509
Evans Meadows
341 Evans Ave NWElk River, MN 55330
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$1,750
Total Monthly Price12 Month Lease Term
3 Bedroom Apartments Available NowTotal Monthly Price
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$1,750
Total Monthly Price
Varies
Dove Tree Apartments
1105 Lions Park DrElk River, MN 55330
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$1,850 - $1,880
Total Monthly Price
1 Bedroom Apartments Available Jul 8Total Monthly Price
Base Rent
$1,805 - $1,835
Required Monthly Fees
$45
Total Monthly Price
$1,850 - $1,880
Granite Shores
633 Main StElk River, MN 55330
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1 to 3 Bedroom Apartments
Elk Ridge Manor
847 Freeport Ave NWElk River, MN 55330
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1 to 2 Bedroom Apartments
Pullman Place Cooperative
17155 Quincy St NWElk River, MN 55330
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1 to 2 Bedroom Apartments
Pineview Apartments
23 3rd St NWElk River, MN 55330
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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2 Bedroom Apartments
Elk Ridges Estates
11755 191 1/2 Ave NWElk River, MN 55330
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1 to 2 Bedroom Apartments
School Place Apartments
1179 School Dr NWElk River, MN 55330
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1 to 2 Bedroom Apartments
Jackson Place
316 Jackson Ave NWElk River, MN 55330
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1 to 3 Bedroom Apartments
Elk Ridge Lodge
19522 Holt St NWElk River, MN 55330
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2 Bedroom Apartments
Lake Orono Estates
18594 Gary Ave NWElk River, MN 55330
17130 Nixon St
Elk RiverMN55330
22167 156th St NW
Elk RiverMN55330
17127 Polk St NW
Elk RiverMN55330
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Studio to 2 Bedroom Apartments
Elk River Senior Living
11124 183rd Cir NWElk River, MN 55330
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.
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$1,500 - $2,300
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Contact Us For AvailabilityParkview Grand Partners LLC
15667 88th St NEOtsego, MN 55330
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$1,530 - $2,340
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available Jun 30Rivers Edge Apartments
7701 River Rd NEOtsego, MN 55330
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$1,725 - $2,750
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Contact Us For AvailabilityThe Village of Otsego
8555 Quaday Ave NEOtsego, MN 55330
16190 71st Ln NE
OtsegoMN55330
860 Independence Dr
Big LakeMN55309
4165 Orleans Dr NE
Saint MichaelMN55376
7224 147th Terrace NW
RamseyMN55303
23345 Yucca St NW
St FrancisMN55070
599 William St
Big LakeMN55309
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.
7279 147 Ln NW
RamseyMN55303
Showing Results 1-37, 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 | $962 | $895 | $1,245 |
| Elk River 1 Bedroom Apartments | $1,540 | $573 | $1,914 |
| Elk River 2 Bedroom Apartments | $1,709 | $735 | $2,300 |
| Elk River 3 Bedroom Apartments | $1,875 | $811 | $2,750 |
| Elk River 4 Bedroom Apartments | $2,047 | $2,047 | $2,047 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Elk River
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Elk River, MN Local Guide
- Elk River Neighborhoods
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Cheapest Neighborhoods for Apartments in Elk River, MN
Pricing Updated: 06/21/2026Current 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 | $2,047 | $573 | 35 |
Cheapest Available Elk River Apartments for Rent
The cheapest available apartment rental in Elk River, MN is a Studio unit found at Elk River Lodge and Apartments in the Twin Lakes Estates neighborhood priced from $845. Jackson Hills Apartments in the Twin Lakes Estates neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,189. Here is today’s list of the most affordable Elk River apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Elk River Lodge and Apartments | Studio | Studio,1BA | $845 |
| Jackson Hills Apartments | The Bunker - CONTACT FOR AVAILABILITY | Studio,1BA | $1,189 |
| The Delta Apartments | Studio | Studio,1BA | $1,245 |
| Lions Park Apartments | Two Bedroom/ One Bath | 2BR,1BA | $1,395 |
| Dove Terrace | 2 Bedroom A - 871 | 2BR,1BA | $1,425 |
| Dove Tree Apartments | 3 Bedroom 2 Bath A | 3BR,2BA | $1,750 |
| Evans Meadows | Timberwolf | 1BR,1BA | $1,819 |
Best Value Apartments for Rent in Elk River, MN
As of June 21, 2026 the best value apartment in the Elk River area is the $1.51 price per square foot 3 Bedroom 2 Bath A Model at Dove Tree Apartments in the in the Twin Lakes Estates neighborhood starting from $1,750. The second greatest value Elk River apartment is the 11755 191 1/2 Ave NW Model at 11755 191 1/2 Ave NW, Unit #302 starting at $1,300 with a $1.29 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. |
|---|---|---|---|
| Dove Tree Apartments | 3 Bedroom 2 Bath A | 3BR,2BA | $1.51 |
| 11755 191 1/2 Ave NW, Unit #302 | 11755 191 1/2 Ave NW | 2BR,1BA | $1.29 |
| Lions Park Apartments | Two Bedroom/ One Bath | 2BR,1BA | $1.45 |
| Dove Terrace | 2 Bedroom A - 871 | 2BR,1BA | $1.64 |
| Evans Meadows | Timberwolf | 1BR,1BA | $2.15 |
| The Delta Apartments | Studio | Studio ,1BA | $1.96 |
| Jackson Hills Apartments | The Bunker - CONTACT FOR AVAILABILITY | Studio ,1BA | $2.29 |
| Elk River Lodge and Apartments | Studio | Studio ,1BA | $2.02 |
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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Best Local Schools in Elk River, MN
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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 $1,819.
What is the price of a cheap apartment in Elk River?
The cheapest apartment in Elk River is Jackson Hills Apartments which is listed at $1,269, 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 4 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 $1,021 which is $1,026 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
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.
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.
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.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.