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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 $495 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in Ely.
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$495
Total Monthly Price
Base Rent$495
Total Monthly Price$495
115 3rd St S
115 3rd St SVirginia, MN 55792
105 N 6th Ave W
VirginiaMN55792
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$550 - $625
Total Monthly Price
Base Rent$550 - $625
Total Monthly Price$550 - $625
Park Apartments
222 Adams AveEveleth, MN 55734
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$600 - $1,000
Total Monthly Price
Base Rent$600 - $1,000
Total Monthly Price$600 - $1,000
Laurentian Apartments
111 W Railroad DrBiwabik, MN 55708
109 3rd Ave
BoveyMN55709
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$644 - $958
Total Monthly Price
Base Rent$644 - $958
Total Monthly Price$644 - $958
Ivy Manor Apartments
201 N 5th Ave SVirginia, MN 55792
516 1st St N
VirginiaMN55792
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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$700 - $750
Total Monthly Price
Base Rent$700 - $750
Total Monthly Price$700 - $750
Meadowview Apartments
3505 9th Ave WHibbing, MN 55746
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$701 - $1,082
Total Monthly Price
Base Rent$701 - $1,082
Total Monthly Price$701 - $1,082
Mountain Manor Apartments
5700 Mountain AveMountain Iron, MN 55768
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$715 - $927
Total Monthly Price
Base Rent$715 - $927
Total Monthly Price$715 - $927
Deering Manor - Section 8: 62+ ,Handicapped,
201 3rd StNashwauk, MN 55769
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$750 - $1,100
Total Monthly Price
Base Rent$750 - $1,100
Total Monthly Price$750 - $1,100
5739 Marble Ave
5739 Marble AveMountain Iron, MN 55768
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Rent Specials
$750 - $2,295
Total Monthly Price
Base Rent$750 - $2,295
Total Monthly Price$750 - $2,295
The Acres on Arrowhead
3425 Eischen CtDuluth, MN 55811
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$793
Total Monthly Price
Base Rent$793
Total Monthly Price$793
Silverwood Apartments
116 Silverwood AveMarble, MN 55764
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$795 - $1,350
Total Monthly Price
Base Rent$795 - $1,350
Total Monthly Price$795 - $1,350
Meadowbrook Apartments
8392 Jasmine StVirginia, MN 55792
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$820 - $1,000
Total Monthly Price
Base Rent$820 - $1,000
Total Monthly Price$820 - $1,000
Marlin Manor
206 4th Ave SVirginia, MN 55792
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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$821
Total Monthly Price
Base Rent$821
Total Monthly PriceVaries
Alexander Baker Apartments
919 3rd StInternational Falls, MN 56649
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$940
Total Monthly Price
Base Rent$940
Total Monthly Price$940
Hilltop Manor
100 McKinley AveEveleth, MN 55734
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$950 - $1,450
Total Monthly Price
Base Rent$950 - $1,450
Total Monthly Price$950 - $1,450
Park Villa Apartments
8515 Parkvilla DrMountain Iron, MN 55768
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$950 - $1,000
Total Monthly Price
Base Rent$950 - $1,000
Total Monthly Price$950 - $1,000
Lesterwood Apartments
6025 E Superior StDuluth, MN 55804
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$1,000 - $1,600
Total Monthly Price
Base Rent$1,000 - $1,600
Total Monthly Price$1,000 - $1,600
Mount Royal Apartment
11-15 Elizabeth StDuluth, MN 55803
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$1,030 - $1,225
Total Monthly Price
Base Rent$1,030 - $1,225
Total Monthly Price$1,030 - $1,225
Eastview Apartments
100 N Van Buren AveEveleth, MN 55734
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$1,175 - $1,525
Total Monthly Price
Base Rent$1,175 - $1,525
Total Monthly PriceVaries
Mount Royal Manor
100 Elizabeth StDuluth, MN 55803
1220 13th Ave E
HibbingMN55746
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
214 1st St N
VirginiaMN55792
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1 to 3 Bedroom Apartments
Irongate Apartments & Townhomes
310 E 4th Ave NAurora, MN 55705
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1 to 2 Bedroom Apartments
The Androy Apartments
2010 5th Ave EHibbing, MN 55746
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Studio Apartments
Alice Nettell Towers
550 N 3rd AveVirginia, MN 55792
218 2nd St N
VirginiaMN55792
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2 Bedroom Apartments
The Virginian Apartments
1101 N 7th AveVirginia, MN 55792
707 1/2 S 5th Ave
VirginiaMN55792
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Studio to 2 Bedroom Apartments
Gunflint Vue
861 5th Ave WGrand Marais, MN 55604
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.
525 Pierce St
EvelethMN55734
3748 4th Ave E
HibbingMN55746
Showing Results 1-34, 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 | $1,289 | $495 | $1,495 |
| Ely 1 Bedroom Apartments | $1,305 | $525 | $1,877 |
| Ely 2 Bedroom Apartments | $1,669 | $625 | $2,750 |
| Ely 3 Bedroom Apartments | $2,074 | $1,250 | $3,500 |
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 Studio unit found at 115 3rd St S priced from $495. Laurentian Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Ely apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 115 3rd St S | Studio/Efficiency | Studio, 1BA | $495 |
| Laurentian Apartments | Studio | 1BR, 1BA | $600 |
| Park Apartments | 2 Bed/1 Bath | 2BR, 1BA | $625 |
| Meadowview Apartments | 1 Bdr-Market Rate | 1BR, 1BA | $700 |
| Mountain Manor Apartments | 1 Bedroom 1 Bath | 1BR, 1BA | $701 |
| Deering Manor - Section 8: 62+ ,Handicapped, | Deering Manor, 1 bed, 1 bath. | 1BR, 1BA | $715 |
| Silverwood Apartments | 1 Bedroom | 1BR, 1BA | $793 |
| Alexander Baker Apartments | 2 Bedroom | 2BR, 1BA | $821 |
| Meadowbrook Apartments | 2 Bed + 1 Bath | 2BR, 1BA | $895 |
| 5739 Marble Ave | 2 Bedroom | 2BR, 1BA | $900 |
Best Value Apartments for Rent in Ely, MN and Nearby
As of September 25, 2026 the best value apartment in the Ely area is the $1.25 price per square foot 3A - 3 Bedroom Model at Park Villa Apartments starting from $1,450. The second greatest value Ely apartment is the 2 Bed + 1 Bath Model at Meadowbrook Apartments starting at $895 with a $0.90 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. |
|---|---|---|---|
| Park Villa Apartments | 3A - 3 Bedroom | 3BR, 2BA | $1.25 |
| Meadowbrook Apartments | 2 Bed + 1 Bath | 2BR, 1BA | $0.90 |
| Ivy Manor Apartments | 2 Bedroom | 2BR, 1BA | $1.05 |
| Alexander Baker Apartments | 2 Bedroom | 2BR, 1BA | $0.94 |
| 5739 Marble Ave | 2 Bedroom | 2BR, 1BA | $1.13 |
| Meadowview Apartments | 2 Bdr - Subsidized | 1BR, 1BA | $1.19 |
| Silverwood Apartments | 1 Bedroom | 1BR, 1BA | $1.30 |
| Park Apartments | 2 Bed/1 Bath | 2BR, 1BA | $1.04 |
| Deering Manor - Section 8: 62+ ,Handicapped, | Deering Manor, 1 bed, 1 bath. | 1BR, 1BA | $1.22 |
| 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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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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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Best Local Schools in Ely, MN
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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 $625 at Park Apartments.
What is the most affordable Ely Three Bedroom Apartment?
The best deal on a cheap Ely Three Bedroom Apartment rental is at Park Villa Apartments and starts from $1,450.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.