close
View Me
Cheap Apartments for Rent in Ely, MN from $500 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in Ely.
close
View Me
$575 - $650
Plus Fees12 Month Lease Term
Studio Apartments Contact Us For AvailabilityMarlin Manor
206 4th Ave SVirginia, MN 55792
close
View Me
$585 - $870
Plus Fees
Studio to 2 Bedroom Apartments Contact Us For AvailabilityIvy Manor Apartments
201 N 5th Ave SVirginia, MN 55792
109 3rd Ave
BoveyMN55709
close
View Me
$700 - $750
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowMeadowview Apartments
3505 9th Ave WHibbing, MN 55746
close
View Me
$701 - $1,082
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowMountain Manor Apartments
5700 Mountain AveMountain Iron, MN 55768
119 1st St N
VirginiaMN55792
close
View Me
$724 - $902
Plus Fees
1 to 3 Bedroom Apartments Available NowIrongate Apartments & Townhomes
310 E 4th Ave NAurora, MN 55705
close
View Me
$750 - $1,100
Plus Fees
Studio to 2 Bedroom Apartments Available Now5739 Marble Ave
5739 Marble AveMountain Iron, MN 55768
close
View Me
$765 - $945
Plus Fees12 Month Lease Term
Studio Apartments Available NowAlice Nettell Towers
550 N 3rd AveVirginia, MN 55792
close
View Me
$795 - $1,080
Plus Fees
1 to 2 Bedroom Apartments Available NowMeadowbrook Apartments
8392 Jasmine StVirginia, MN 55792
201 N 5th Ave W
VirginiaMN55792
2023 7th Ave E
HibbingMN55746
104 5th St S
VirginiaMN55792
close
View Me
$927
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowDeering Manor - Section 8: 62+ ,Handicapped,
201 3rd StNashwauk, MN 55769
close
View Me
$930 - $1,420
Plus Fees
1 to 3 Bedroom Apartments Contact Us For AvailabilityPark Villa Apartments
8515 Parkvilla DrMountain Iron, MN 55768
218 2nd St N
VirginiaMN55792
close
View Me
$975 - $1,295
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowLesterwood Apartments
6025 E Superior StDuluth, MN 55804
close
View Me
$1,010 - $1,140
Plus Fees
1 to 2 Bedroom Apartments Available Dec 1Eastview Apartments
100 N Van Buren AveEveleth, MN 55734
close
View Me
$1,018 - $2,200
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowGunflint Vue
861 5th Ave WGrand Marais, MN 55604
close
View Me
$1,075 - $1,175
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available Dec 15Mount Royal Manor
100 Elizabeth StDuluth, MN 55803
707 S 5th Ave
VirginiaMN55792
409 N 1st St
KeewatinMN55753
close
View Me
317 5th Ave
BoveyMN55709
close
View Me
1 Cuyuna Dr
VirginiaMN55792
523 Jackson St
EvelethMN55734
Showing Results 1-28, Page 1 of 1
Ely, MN Local Guide
Sheridan Street, Ely, MN by ShakataGaNai is licensed under CC BY-SA 3.0
How much does it cost to rent an apartment in Ely?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Ely Studio Apartments | $829 | $575 | $1,075 |
| Ely 1 Bedroom Apartments | $1,410 | $595 | $2,000 |
| Ely 2 Bedroom Apartments | $1,626 | $750 | $2,605 |
| Ely 3 Bedroom Apartments | $2,248 | $832 | $3,899 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Ely
See all Apartments in ElyExplore Ely
Ely, MN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Ely Apartments for Rent and Nearby
The cheapest available apartment rental in Ely, MN is a 1 Bed unit found at Meadowview Apartments priced from $700. Mountain Manor Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $701. Here is today’s list of the most affordable Ely apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Meadowview Apartments | 1 Bdr-Market Rate | 1BR,1BA | $700 |
| Mountain Manor Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $701 |
| Irongate Apartments & Townhomes | 1 Bedroom Apartment | 1BR,1BA | $724 |
| 5739 Marble Ave | 1 Bedroom | 1BR,1BA | $760 |
| Alice Nettell Towers | 1 Bedroom | Studio, | $765 |
| Meadowbrook Apartments | 1 Bed + 1 Bath | 1BR,1BA | $795 |
| Deering Manor - Section 8: 62+ ,Handicapped, | Deering Manor, 1 bed, 1 bath. | 1BR,1BA | $927 |
| Lesterwood Apartments | Studio | Studio,1BA | $975 |
| Gunflint Vue | Alcove B.2 60% | 1BR,1BA | $1,091 |
| Pine Manor Townhouses | 2 Bedroom | 2BR,1BA | $1,190 |
Best Value Apartments for Rent in Ely, MN and Nearby
As of October 28, 2025 the best value apartment in the Ely area is the $1.51 price per square foot 2 Bedroom- 1 Bath In Unit Laundry & Storage Unit Model at Ridgewood Apartments in the in the Duluth Heights neighborhood starting from $1,795. The second greatest value Ely apartment is the 2 Bedroom Model at Pine Manor Townhouses starting at $1,190 with a $1.24 price per square foot . Here is today’s list of the best values for Ely apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Ridgewood Apartments | 2 Bedroom- 1 Bath In Unit Laundry & Storage Unit | 2BR,1BA | $1.51 |
| Pine Manor Townhouses | 2 Bedroom | 2BR,1BA | $1.24 |
| Mount Royal Apartment | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $1.87 |
| Alice Nettell Towers | 2 Bedroom | Studio , | $1.26 |
| Meadowbrook Apartments | 1 Bed + 1 Bath | 1BR,1BA | $1.14 |
| 5739 Marble Ave | 1 Bedroom | 1BR,1BA | $1.09 |
| Meadowview Apartments | 2 Bdr - Subsidized | 1BR,1BA | $1.19 |
| Deering Manor - Section 8: 62+ ,Handicapped, | Deering Manor, 1 bed, 1 bath. | 1BR,1BA | $1.58 |
| Irongate Apartments & Townhomes | 1 Bedroom Apartment | 1BR,1BA | $1.44 |
| Mountain Manor Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.40 |
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.
Let everyone know!
Do you know the Ely area?
If you’re an expert on all things Ely, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Best Local Schools in Ely, MN
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Ely, MN Rentals by Map
See the most popular apartments and homes in Ely, MN
Getting Around Ely, MN
Walk Score®
57 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
51 / 100
Bikeable
Some bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Ely Apartments
What is the Cheapest Studio apartment in Ely?
Currently the most affordable Cheap Studio Apartment in Ely is at Alice Nettell Towers listed at $765.
How much is rent for a Cheap One Bedroom Ely Apartment?
The lowest price for a Cheap One Bedroom Ely Apartment is $700 at Meadowview Apartments.
What is the lowest price for a Cheap Two Bedroom Ely Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Ely is starting from $750 at Meadowview Apartments.
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.