
Cheap Homes for Rent in Elk River, MN from $1,000 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Elk River.


10441 172nd Ln NW

11424 Town Center Dr
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.

220 Leighton Dr

225 3rd St E

591 William St
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.
Elk River, MN Local Guide

How much does it cost to rent a home in Elk River?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Elk River 2 Bedroom Homes for Rent | $2,055 | $1,650 | $2,802 |
Elk River 3 Bedroom Homes for Rent | $2,539 | $1,895 | $3,442 |
Elk River 4 Bedroom Homes for Rent | $2,950 | $1,800 | $3,429 |
Elk River 5 Bedroom Homes for Rent | $2,931 | $2,399 | $3,599 |
Elk River 6 Bedroom Homes for Rent | $2,900 | $2,900 | $2,900 |
Browse Top Homes for Rent in Elk River
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Elk River, MN Local Guide
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Cheapest Neighborhoods for Apartments in Elk River, MN
Pricing Updated: 06/20/2025Current 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 | 30 |
Cheapest Available Elk River Apartments for Rent and Nearby
 The cheapest available apartment rental in Elk River, MN is a 1 Bed unit found at Pineview Apartments in the Twin Lakes Estates neighborhood priced from $853. Elk River Lodge and Apartments in the Twin Lakes Estates neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here is today’s list of the most affordable Elk River apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Pineview Apartments | 1 Bed, 1 bath | 1BR,1BA | $853 |
Elk River Lodge and Apartments | Studio | Studio,1BA | $895 |
School Place Apartments | 1 BR/1 BA | 1BR,1BA | $1,095 |
Best Value Apartments for Rent in Elk River, MN and Nearby
As of June 20, 2025 the best value apartment in the Elk River area is the $1.19 price per square foot 11755 191 1/2 Ave NW Model at 11755 191 1/2 Ave NW, Unit #204 in the in the Twin Lakes Estates neighborhood starting from $1,200. The second greatest value Elk River apartment is the First Light Model at Clear Sky starting at $1,550 with a $1.61 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. |
---|---|---|---|
11755 191 1/2 Ave NW, Unit #204 | 11755 191 1/2 Ave NW | 2BR,1BA | $1.19 |
Clear Sky | First Light | 2BR,1BA | $1.61 |
Lions Park Apartments | Two Bedroom/ One Bath | 2BR,1BA | $1.45 |
Dove Tree Apartments | 2 Bedroom 1 Bath A | 2BR,1BA | $1.65 |
Elk Ridge Lodge | Two Bedroom | 2BR,1BA | $1.41 |
Lake Orono Estates | 2BR 1BA Garden | 2BR,1BA | $1.42 |
Pineview Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.07 |
Rivers Edge Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.96 |
The Delta Apartments | 1 bed 1 bath | 1BR,1BA | $1.92 |
Jackson Hills | The Bunker - CONTACT FOR AVAILABILITY | Studio ,1BA | $2.19 |
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Frequently Asked Questions about Elk River
What type of rentals are currently available in Elk River?
There are currently 45 Apartments for Rent in Elk River, MN with pricing that ranges from $853 to $3,685. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elk River ranging from $1,095 to $3,599.
What is the current price range for Rental Homes in Elk River?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Elk River ranges from $1,095 to $3,599 with an average monthly rent of $2,411.
How much are larger Three and Four Bedroom Rentals in Elk River?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Elk River range from $1,395 to $2,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,895 to $3,442. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $2,200.
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.