Cheap Homes for Rent in Elk River, MN from $1,700 (9 Rentals)

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Cheap Homes in Elk River.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Elk River, MN Local Guide

Cheapest Neighborhoods for Apartments in Elk River, MN

Pricing Updated: 05/03/2025

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Twin Lakes Estates$2,520$85322

Cheapest Available Elk River Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elk River, MN is a 2 Beds unit found at Clear Sky in the Clemens Munsinger Gardens neighborhood priced from $665. 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 ListingModel NameBed/BathPriced From
Clear SkySunrise2BR,1BA$665
Pineview Apartments1 Bed, 1 bath1BR,1BA$853
Elk River Lodge and ApartmentsStudioStudio,1BA$895

Best Value Apartments for Rent in Elk River, MN and Nearby

As of May 03, 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 2 Bedroom 1 Bathroom Model at Ridgewood Manor Partnership starting at $1,260 with a $1.25 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 ListingModel NameBed/BathPrice Per Sq.Ft.
11755 191 1/2 Ave NW, Unit #20411755 191 1/2 Ave NW2BR,1BA$1.19
Ridgewood Manor Partnership2 Bedroom 1 Bathroom2BR,1BA$1.25
Clear SkyFirst Light2BR,1BA$1.61
Pineview Apartments1 Bed, 1 bath1BR,1BA$1.07
Elk Crossing Apartments1 Bed, 1 bath1BR,1BA$1.57
The Delta ApartmentsStudioStudio ,1BA$1.96
Elk Ridge LodgeOne Bedroom1BR,1BA$1.65
Jackson HillsThe Bunker - CONTACT FOR AVAILABILITYStudio ,1BA$2.13
Elk River Lodge and ApartmentsStudio With KitchennetteStudio ,1BA$2.91

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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 $3,795. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elk River ranging from $1,750 to $4,400.

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 $1,750 to $4,400 with an average monthly rent of $2,658.

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 $3,115, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,995 to $3,250. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $2,520.

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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.