Cheap Homes for Rent in the Twin Lakes Estates Neighborhood of Elk River, MN from $1,500 (5 Rentals)

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Search the lowest-cost Homes available for rent right now in the Twin Lakes Estates area of Elk River.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 716 Washington Ct NW

$1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995

3 Bedroom, 2 Bath Home for Rent

Available Aug 10

716 Washington Ct NW

Elk RiverMN55330

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.

property at 18563 Zane Ct NW

$2,200

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

2 Bedroom, 2 Bath Townhome for Rent

Available Aug 1

18563 Zane Ct NW

Elk RiverMN55330

Twin Lakes Estates, Elk River, MN Local Guide

Cheapest Available Twin Lakes Estates Apartments for Rent

 

The cheapest available apartment rental in the Twin Lakes Estates area of Elk River, MN is a Studio unit found at Elk River Lodge and Apartments priced from $845. Jackson Hills Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,189. Here are the most affordable Twin Lakes Estates apartments for rent in Elk River, MN:

Apartment ListingModel NameBed/BathPriced From
Elk River Lodge and ApartmentsStudioStudio,1BA$845
Jackson Hills ApartmentsThe Bunker - CONTACT FOR AVAILABILITYStudio,1BA$1,189
Elk Crossing ApartmentsTwo Bedroom2BR,1BA$1,195

Best Value Apartments for Rent in Twin Lakes Estates, MN

As of July 15, 2026 the best value apartment in the Twin Lakes Estates area is the $1.45 price per square foot Two Bedroom/ One Bath Model at Lions Park Apartments in the in the Twin Lakes Estates neighborhood starting from $1,395. The second greatest value Twin Lakes Estates apartment is the Two Bedroom Model at Elk Crossing Apartments starting at $1,195 with a $1.26 price per square foot in the Twin Lakes Estates neighborhood. Here is today’s list of the best values for Twin Lakes Estates apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lions Park ApartmentsTwo Bedroom/ One Bath2BR,1BA$1.45
Elk Crossing ApartmentsTwo Bedroom2BR,1BA$1.26
Dove Terrace2 Bedroom A - 8712BR,1BA$1.64
Evans MeadowsEvergreen1BR,1BA$1.96
The Delta ApartmentsStudioStudio ,1BA$1.96
Dove Tree Apartments1 Bedroom D1BR,1BA$2.17
Jackson Hills ApartmentsThe Bunker - CONTACT FOR AVAILABILITYStudio ,1BA$2.29
Elk River Lodge and ApartmentsStudioStudio ,1BA$2.02

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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Frequently Asked Questions about Twin Lakes Estates

What type of rentals are currently available in Twin Lakes Estates?

There are currently 39 Apartments for Rent in Twin Lakes Estates, MN with pricing that ranges from $573 to $2,750. There are also 5 Single Family Homes for rent, Condos, and Townhome rentals currently available in Twin Lakes Estates ranging from $1,500 to $2,200.

What is the current price range for Rental Homes in Twin Lakes Estates?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Twin Lakes Estates ranges from $1,500 to $2,200 with an average monthly rent of $1,922.

Expert Rental Resources

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.

Articles, How-To's, and Tips

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.