1918 Porter Ave
AnokaMN55303
Cheap Homes for Rent in Elk River, MN from $1,100 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Elk River.
2244-2212 212th Ln NW
Oak GroveMN55011
406 E River St
MonticelloMN55362
6112 Maclynn Ave NE
OtsegoMN55301
2661 Oak Ridge Dr
MonticelloMN55362
5789 Mt Curve Blvd
MonticelloMN55362
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.
20444 June Grass Dr
Big LakeMN55309
3649 Kahler Dr NE
Saint MichaelMN55376
11307 16th St NE
Saint MichaelMN55376
21618 Evergreen Trail
RogersMN55374
18061 Walnut Circle
Big LakeMN55309
353 Karen Ln
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.
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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 | $2,155 | $1,700 | $2,727 |
| Elk River 3 Bedroom Homes for Rent | $2,401 | $2,029 | $3,217 |
| Elk River 4 Bedroom Homes for Rent | $3,526 | $2,600 | $5,375 |
| Elk River 5 Bedroom Homes for Rent | $3,962 | $2,175 | $6,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Elk River, MN Local Guide
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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 River Garden Apartments in the Twin Lakes Estates neighborhood priced from $948. Jackson Hills in the Twin Lakes Estates neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,155. Here is today’s list of the most affordable Elk River apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| River Garden Apartments | 1 Bedroom | 1BR,1BA | $948 |
| Jackson Hills | The Bunker - CONTACT FOR AVAILABILITY | Studio,1BA | $1,155 |
| Elk Crossing Apartments | Two Bedroom | 2BR,1BA | $1,195 |
| School Place Apartments | 2 BR/1 BA | 2BR,1BA | $1,195 |
| The Delta Apartments | Studio | Studio,1BA | $1,245 |
Best Value Apartments for Rent in Elk River, MN and Nearby
As of November 11, 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 2BR/2.0BA Model at Granite Shores starting at $1,710 with a $1.31 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 |
| Granite Shores | 2BR/2.0BA | 2BR,2BA | $1.31 |
| 11755 191 1/2 Ave NW, Unit #201 | 11755 191 1/2 Ave NW | 2BR,1BA | $1.19 |
| Lions Park Apartments | Two Bedroom/ One Bath | 2BR,1BA | $1.45 |
| Elk Crossing Apartments | Two Bedroom | 2BR,1BA | $1.26 |
| Rivers Edge Apartments | 1 Bedroom 1 Bathroom + Den | 1BR,1BA | $1.82 |
| Dove Tree Apartments | 2 Bedroom 1 Bath B | 2BR,1BA | $1.68 |
| Dove Terrace | 2 Bedroom A - 871 | 2BR,1BA | $1.64 |
| School Place Apartments | 2 BR/1 BA | 2BR,1BA | $1.49 |
| River Garden Apartments | 1 Bedroom | 1BR,1BA | $1.26 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read Article
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.
Read ArticleThe 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.
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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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See the most popular apartments and homes in Elk River, MN
Frequently Asked Questions about Elk River
What type of rentals are currently available in Elk River?
There are currently 46 Apartments for Rent in Elk River, MN with pricing that ranges from $853 to $2,750. There are also 34 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 $2,628.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
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.