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2 to 3 Bedroom Apartments
Pine Manor Townhouses
1421 E Camp StEly, MN 55731
Cheap Apartments for Rent in Ely, MN from $500 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in Ely.
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$600 - $1,000
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowLaurentian Apartments
111 W Railroad DrBiwabik, MN 55708
109 3rd Ave
BoveyMN55709
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$644 - $958
Plus Fees
Studio to 2 Bedroom Apartments Available NowIvy Manor Apartments
201 N 5th Ave SVirginia, MN 55792
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$700 - $750
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowMeadowview Apartments
3505 9th Ave WHibbing, MN 55746
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$701 - $1,082
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Contact Us For AvailabilityMountain Manor Apartments
5700 Mountain AveMountain Iron, MN 55768
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$750 - $1,100
Plus Fees
Studio to 2 Bedroom Apartments Available Now5739 Marble Ave
5739 Marble AveMountain Iron, MN 55768
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.
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$793
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowSilverwood Apartments
116 Silverwood AveMarble, MN 55764
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$800 - $936
Plus Fees
1 to 2 Bedroom Apartments Contact Us For AvailabilityThe Androy Apartments
2010 5th Ave EHibbing, MN 55746
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$820 - $1,200
Plus Fees12 Month Lease Term
2 to 3 Bedroom Apartments Available NowMarlin Manor
206 4th Ave SVirginia, MN 55792
104 5th St S
VirginiaMN55792
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$895 - $1,125
Plus Fees
1 to 2 Bedroom Apartments Available NowMeadowbrook Apartments
8392 Jasmine StVirginia, MN 55792
306 N 5th Ave W
VirginiaMN55792
302 N 5th Ave W
VirginiaMN55792
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.
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$9271 Bedroom Apartments Available Now
Deering Manor - Section 8: 62+ ,Handicapped,
201 3rd StNashwauk, MN 55769
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$930 - $1,420
Total Monthly Price
1 to 3 Bedroom Apartments Available Sep 1Total Monthly Price
Base Rent
$930 - $1,420
Total Monthly Price
$930 - $1,420
Park Villa Apartments
8515 Parkvilla DrMountain Iron, MN 55768
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$940
Plus Fees
1 Bedroom Apartments Available NowHilltop Manor
100 McKinley AveEveleth, MN 55734
2023 7th Ave E
HibbingMN55746
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$950 - $1,295
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available Jul 1Lesterwood Apartments
6025 E Superior StDuluth, MN 55804
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$1,000 - $1,600
Plus Fees
1 to 2 Bedroom Apartments Contact Us For AvailabilityMount Royal Apartment
11-15 Elizabeth StDuluth, MN 55803
310 S 8th Ave W
VirginiaMN55792
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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$1,010 - $1,200
Total Monthly Price
1 to 2 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$1,010 - $1,200
Total Monthly Price
$1,010 - $1,200
Eastview Apartments
100 N Van Buren AveEveleth, MN 55734
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$1,150 - $2,545
Plus Fees
Studio to 3 Bedroom Apartments Available Jul 1The Acres on Arrowhead ll
3425 Eischen CtDuluth, MN 55811
209 7th St S
VirginiaMN55792
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1 to 3 Bedroom Apartments
Irongate Apartments & Townhomes
310 E 4th Ave NAurora, MN 55705
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Studio Apartments
Alice Nettell Towers
550 N 3rd AveVirginia, MN 55792
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2 Bedroom Apartments
The Virginian Apartments
1101 N 7th AveVirginia, MN 55792
1114 E 22nd St
HibbingMN55746
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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Studio to 2 Bedroom Apartments
Gunflint Vue
861 5th Ave WGrand Marais, MN 55604
3947 E Calvary Rd
DuluthMN55803
726 Fayal Rd
EvelethMN55734
Showing Results 1-31, 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 | $832 | $575 | $1,195 |
| Ely 1 Bedroom Apartments | $1,181 | $600 | $2,193 |
| Ely 2 Bedroom Apartments | $1,432 | $750 | $2,735 |
| Ely 3 Bedroom Apartments | $2,074 | $1,200 | $3,485 |
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
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Cheapest Available Ely Apartments for Rent and Nearby
The cheapest available apartment rental in Ely, MN is a 1 Bed unit found at Laurentian Apartments priced from $600. Meadowview Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Ely apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Laurentian Apartments | Studio | 1BR,1BA | $600 |
| Meadowview Apartments | 1 Bdr-Market Rate | 1BR,1BA | $700 |
| Mountain Manor Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $701 |
| 5739 Marble Ave | 1 Bedroom | 1BR,1BA | $760 |
| Silverwood Apartments | 1 Bedroom | 1BR,1BA | $793 |
| Meadowbrook Apartments | 2 Bed + 1 Bath | 2BR,1BA | $895 |
| Deering Manor - Section 8: 62+ ,Handicapped, | Deering Manor, 1 bed, 1 bath. | 1BR,1BA | $927 |
| Hilltop Manor | One Bedroom | 1BR,1BA | $940 |
| Ivy Manor Apartments | 2 Bedroom | 2BR,1BA | $958 |
| Marlin Manor | Marlin Manor, 3 bed, 1 bath. | 3BR,1BA | $995 |
Best Value Apartments for Rent in Ely, MN and Nearby
As of June 20, 2026 the best value apartment in the Ely area is the $1.47 price per square foot 2 Bedroom 1 Bath - Model at Ridgewood Apartments in the in the Duluth Heights neighborhood starting from $1,750. The second greatest value Ely apartment is the Marlin Manor, 3 bed, 1 bath. Model at Marlin Manor starting at $995 with a $1.00 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 - | 2BR,1BA | $1.47 |
| Marlin Manor | Marlin Manor, 3 bed, 1 bath. | 3BR,1BA | $1.00 |
| Meadowbrook Apartments | 2 Bed + 1 Bath | 2BR,1BA | $0.90 |
| Pine Manor Townhouses | 2 Bedroom | 2BR,1BA | $1.24 |
| Ivy Manor Apartments | 2 Bedroom | 2BR,1BA | $1.05 |
| 5739 Marble Ave | 2 Bedroom | 2BR,1BA | $1.13 |
| Silverwood Apartments | 1 Bedroom | 1BR,1BA | $1.22 |
| Meadowview Apartments | 2 Bdr - Subsidized | 1BR,1BA | $1.19 |
| Mountain Manor Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.40 |
| Laurentian Apartments | Studio | 1BR,1BA | $1.50 |
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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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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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
Frequently Asked Questions about Cheap Ely Apartments
How much is rent for a Cheap One Bedroom Ely Apartment?
The lowest price for a Cheap One Bedroom Ely Apartment is $600 at Laurentian 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.
What is the most affordable Ely Three Bedroom Apartment?
The best deal on a cheap Ely Three Bedroom Apartment rental is at Marlin Manor and starts from $995.
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
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.
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.
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.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.