1918 Porter Ave
AnokaMN55303
Cheap Homes for Rent in Elk River, MN from $1,100 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Elk River.
16133 71st Ln NE
Elk RiverMN55330
16157 72nd Street Northeast
OtsegoMN55330
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.
11305 83rd Ln NE
OtsegoMN55362
225 3rd St E
MonticelloMN55362
10549 64th Way NE
AlbertvilleMN55301
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.
7665 Lambert Ave NE
OtsegoMN55301
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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 a home in Elk River?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elk River 2 Bedroom Homes for Rent | $1,942 | $1,100 | $2,727 |
| Elk River 3 Bedroom Homes for Rent | $2,379 | $1,895 | $3,500 |
| Elk River 4 Bedroom Homes for Rent | $2,716 | $1,849 | $5,375 |
| Elk River 5 Bedroom Homes for Rent | $3,498 | $2,295 | $6,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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: 09/21/2025Current 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 | $1,802 | $853 | 29 |
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 Jackson Hills in the Twin Lakes Estates neighborhood priced from $1,179. The Delta Apartments in the Twin Lakes Estates neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,245. Here is today’s list of the most affordable Elk River apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Jackson Hills | Pinewood - CONTACT FOR AVAILABILITY | 1BR,1BA | $1,179 |
| The Delta Apartments | Studio | Studio,1BA | $1,245 |
| Lake Orono Estates | 2BR 1BA | 2BR,1BA | $1,250 |
Best Value Apartments for Rent in Elk River, MN and Nearby
As of September 21, 2025 the best value apartment in the Elk River area is the $1.40 price per square foot Adventure Model at Clear Sky in the in the Twin Lakes Estates neighborhood starting from $1,987. The second greatest value Elk River apartment is the 2 Bedroom/2 Bath Model at Parkview Grand Partners LLC starting at $1,800 with a $1.60 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. |
|---|---|---|---|
| Clear Sky | Adventure | 4BR,2BA | $1.40 |
| Parkview Grand Partners LLC | 2 Bedroom/2 Bath | 2BR,2BA | $1.60 |
| Lions Park Apartments | Two Bedroom/ One Bath | 2BR,1BA | $1.45 |
| Jackson Hills | Pleasant Acres - CONTACT FOR AVAILABILITY | 2BR,1BA | $1.66 |
| Dove Tree Apartments | 2 Bedroom 1 Bath B | 2BR,1BA | $1.68 |
| Lake Orono Estates | 2BR 1BA | 2BR,1BA | $1.45 |
| The Village of Otsego | 1 Bed / 1 Bath | 1BR,1BA | $2.13 |
| Evans Meadows | Elk | 1BR,1BA | $2.09 |
| The Delta Apartments | Studio | Studio ,1BA | $1.96 |
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Best Local Schools in Elk River, MN
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Elk River
What type of rentals are currently available in Elk River?
There are currently 44 Apartments for Rent in Elk River, MN with pricing that ranges from $853 to $2,250. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elk River ranging from $1,100 to $6,000.
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 $1,100 to $6,000 with an average monthly rent of $2,633.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.