
Cheap Homes for Rent in Elk River, MN from $1,100 (4 Rentals)
Search the lowest-cost Homes available for rent right now in Elk River.


16133 71st Ln NE
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.

18 Sunset Dr E

225 3rd St E
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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 | $1,968 | $1,150 | $2,802 |
Elk River 3 Bedroom Homes for Rent | $2,506 | $1,925 | $3,032 |
Elk River 4 Bedroom Homes for Rent | $2,634 | $1,849 | $3,899 |
Elk River 5 Bedroom Homes for Rent | $3,189 | $2,199 | $6,000 |
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Elk River, MN Local Guide
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Cheapest Neighborhoods for Apartments in Elk River, MN
Pricing Updated: 08/05/2025Current 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 | $1,795 | $853 | 25 |
Best Value Apartments for Rent in Elk River, MN and Nearby
As of August 05, 2025 the best value apartment in the Elk River area is the $1.60 price per square foot 2 Bedroom/2 Bath Model at Parkview Grand Partners LLC in the in the Twin Lakes Estates neighborhood starting from $1,800. The second greatest value Elk River apartment is the 1001 School Street - 207 Model at Lions Park Apartments starting at $1,495 with a $1.33 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. |
---|---|---|---|
Parkview Grand Partners LLC | 2 Bedroom/2 Bath | 2BR,2BA | $1.60 |
Lions Park Apartments | 1001 School Street - 207 | 2BR,2BA | $1.33 |
Dove Terrace | 2 bedroom C - 1113 | 2BR,2BA | $1.21 |
Evans Meadows | Juniper 1 Bed Office | 1BR,1BA | $1.82 |
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 |
Jackson Hills | Pleasant Acres - CONTACT FOR AVAILABILITY | 2BR,1BA | $1.65 |
Dove Tree Apartments | 2 Bedroom 1 Bath B | 2BR,1BA | $1.68 |
The Delta Apartments | 1 bed 1 bath | 1BR,1BA | $1.92 |
Elk Crossing Apartments | One Bedroom | 1BR,1BA | $1.46 |
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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 $3,620. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elk River ranging from $1,150 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 $1,150 to $6,000 with an average monthly rent of $2,574.
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.

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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.