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$575 - $675
Plus Fees12 Month Lease Term
Studio Apartments Available Mar 1Marlin Manor
206 4th Ave SVirginia, MN 55792
Cheap Apartments for Rent in Ely, MN from $500 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in Ely.
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$644 - $958
Plus Fees
Studio to 2 Bedroom Apartments Available NowIvy Manor Apartments
201 N 5th Ave SVirginia, MN 55792
218 2nd St N
VirginiaMN55792
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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 Available NowMountain Manor Apartments
5700 Mountain AveMountain Iron, MN 55768
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$725 - $936
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Androy Apartments
2010 5th Ave EHibbing, MN 55746
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.
119 1st St N
VirginiaMN55792
724 11th St N
VirginiaMN55792
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$750 - $1,100
Plus Fees
Studio to 2 Bedroom Apartments Available Now5739 Marble Ave
5739 Marble AveMountain Iron, MN 55768
201 N 5th Ave W
VirginiaMN55792
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$895 - $1,095
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2 Bedroom Apartments Available NowMeadowbrook Apartments
8392 Jasmine StVirginia, MN 55792
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$927
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowDeering Manor - Section 8: 62+ ,Handicapped,
201 3rd StNashwauk, MN 55769
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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$930 - $1,420
Plus Fees
1 to 3 Bedroom Apartments Contact Us For AvailabilityPark Villa Apartments
8515 Parkvilla DrMountain Iron, MN 55768
2023 7th Ave E
HibbingMN55746
104 5th St S
VirginiaMN55792
310 S 8th Ave W
VirginiaMN55792
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$975 - $1,350
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available Feb 1Lesterwood Apartments
6025 E Superior StDuluth, MN 55804
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$1,000 - $1,600
Plus Fees
1 to 2 Bedroom Apartments Available NowMount Royal Apartment
11-15 Elizabeth StDuluth, MN 55803
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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$1,010 - $1,200
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1 to 2 Bedroom Apartments Available Mar 2Eastview Apartments
100 N Van Buren AveEveleth, MN 55734
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$1,018 - $2,200
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowGunflint Vue
861 5th Ave WGrand Marais, MN 55604
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$1,075 - $1,200
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowMount Royal Manor
100 Elizabeth StDuluth, MN 55803
329 S 7th Ave W
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
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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2 Bedroom Apartments
The Virginian Apartments
1101 N 7th AveVirginia, MN 55792
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2 to 3 Bedroom Apartments
801 W 5th St
801 W 5th StGrand Marais, MN 55604
117 E Hibbing Ave
KeewatinMN55753
Showing Results 1-27, 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 | $1,034 | $644 | $1,395 |
| Ely 1 Bedroom Apartments | $1,357 | $695 | $1,950 |
| Ely 2 Bedroom Apartments | $1,651 | $750 | $2,665 |
| Ely 3 Bedroom Apartments | $2,379 | $1,290 | $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 Studio unit found at Ivy Manor Apartments priced from $644. 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 |
|---|---|---|---|
| Ivy Manor Apartments | Efficiency | Studio,1BA | $644 |
| 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 |
| Meadowbrook Apartments | 2 Bed + 1 Bath | 2BR,1BA | $895 |
| Deering Manor - Section 8: 62+ ,Handicapped, | Deering Manor, 1 bed, 1 bath. | 1BR,1BA | $927 |
| The Androy Apartments | 2 Bedroom | 2BR,1BA | $936 |
| Lesterwood Apartments | Studio | Studio,1BA | $975 |
| Mount Royal Manor | Efficiency / 1 Bathroom - (5th and 6th Floor) | Studio,1BA | $1,075 |
| Gunflint Vue | Alcove B.2 60% | 1BR,1BA | $1,091 |
Best Value Apartments for Rent in Ely, MN and Nearby
As of January 27, 2026 the best value apartment in the Ely area is the $0.90 price per square foot 2 Bed + 1 Bath Model at Meadowbrook Apartments in the starting from $895. 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. |
|---|---|---|---|
| Meadowbrook Apartments | 2 Bed + 1 Bath | 2BR,1BA | $0.90 |
| Pine Manor Townhouses | 2 Bedroom | 2BR,1BA | $1.24 |
| Ridgewood Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.69 |
| The Androy Apartments | 2 Bedroom | 2BR,1BA | $1.10 |
| Mount Royal Apartment | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $1.74 |
| 5739 Marble Ave | 2 Bedroom | 2BR,1BA | $1.13 |
| 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 |
| Mountain Manor Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.40 |
| Ivy Manor Apartments | Efficiency | Studio ,1BA | $1.65 |
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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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.
Read ArticleCash 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.
Read ArticleQuick 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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Best Local Schools in Ely, MN
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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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 Ivy Manor Apartments listed at $644.
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
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
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
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.