Cheap Homes for Rent in Elk River, MN from $1,100 (4 Rentals)

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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.

property at 225 3rd St E

225 3rd St E

MonticelloMN55362

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

Cheapest Neighborhoods for Apartments in Elk River, MN

Pricing Updated: 08/05/2025

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$1,795$85325

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 ListingModel NameBed/BathPrice Per Sq.Ft.
Parkview Grand Partners LLC2 Bedroom/2 Bath2BR,2BA$1.60
Lions Park Apartments1001 School Street - 2072BR,2BA$1.33
Dove Terrace2 bedroom C - 11132BR,2BA$1.21
Evans MeadowsJuniper 1 Bed Office1BR,1BA$1.82
11755 191 1/2 Ave NW, Unit #20411755 191 1/2 Ave NW2BR,1BA$1.19
Clear SkyFirst Light2BR,1BA$1.61
Jackson HillsPleasant Acres - CONTACT FOR AVAILABILITY2BR,1BA$1.65
Dove Tree Apartments2 Bedroom 1 Bath B2BR,1BA$1.68
The Delta Apartments1 bed 1 bath1BR,1BA$1.92
Elk Crossing ApartmentsOne Bedroom1BR,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.

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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.

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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.

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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.

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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.