
Cheap Apartments for Rent in Elysian, MN from $400 (57 Rentals)
Search the lowest-cost Apartments available for rent right now in Elysian.


Highland Hills Apartments

F and H Apartments

Glenwood Terrace

Autumn Glen Townhomes

Village Court Apartments

Cherry Square

Huntington Hills Apartments & Townhomes

Village Place Apartments of Mankato

Total Monthly Price
River Bluff Apartments
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.

Town's Edge Place Apartments

Hillside Apartments

Gray Hawk Apartments

Total Monthly Price
Woodside Apartments

Greenfield Estates I & II

Total Monthly Price
The Edge Apartments

Cherry Ridge Apartments

Skyway Properties LLC

Rita Road

Southwood Flats
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.

Total Monthly Price
The Faribo Apartments

Total Monthly Price
Augusta Park Estates

Total Monthly Price
The Alma

Traverse Green West

Total Monthly Price
Legacy Park Estates

Total Monthly Price
Elmview Apartments

Capital Lofts

Riverfront Court

Cardinal Creek Apartments

Ohana Apartments
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.

Cedar Meadow Apartments

College Station

Northview Apartments

Lewis Lofts

326 E Washington St

Knollcrest

201 Pilgrim St

325 E Washington St

107 S 5th St

Pfau Reed Apartments
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.

240 E Rice St

94 Viking Terrace

418 Allan Ave

Creekside Townhomes

Northgate Townhomes

Dublin Heights

Haughton Estates

960 N 3rd St

51 Viking Terrace

319 E Main St
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.
Elysian, MN Local Guide

How much does it cost to rent an apartment in Elysian?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elysian Studio Apartments | $1,133 | $750 | $1,315 |
| Elysian 1 Bedroom Apartments | $1,314 | $825 | $2,120 |
| Elysian 2 Bedroom Apartments | $1,545 | $875 | $2,370 |
| Elysian 3 Bedroom Apartments | $1,818 | $925 | $2,794 |
| Elysian 4 Bedroom Apartments | $2,061 | $1,780 | $2,250 |
Browse Top Apartments in Elysian
See all Apartments in ElysianExplore Elysian
Elysian, MN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Elysian Apartments for Rent and Nearby
 The cheapest available apartment rental in Elysian, MN is a 1 Bed unit found at F and H Apartments priced from $825. Glenwood Terrace in the University neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $880. Here is today’s list of the most affordable Elysian apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| F and H Apartments | 1 Bed, 1 bath | 1BR,1BA | $825 |
| Glenwood Terrace | 1 BR/1 BA | 1BR,1BA | $880 |
| Cherry Square | 1 Bedroom | 1BR,1BA | $995 |
| Village Court Apartments | 2 Bed, 1 Bath (original) | 2BR,1BA | $1,028 |
| Town's Edge Place Apartments | 1 Bedroom | 1BR,1BA | $1,030 |
| River Bluff Apartments | One Bedroom | 1BR,1BA | $1,030 |
| Autumn Glen Townhomes | 2 Bedroom | 2BR,2BA | $1,050 |
| Greenfield Estates I & II | Waiting List - 1 Bedroom | 1BR,1BA | $1,075 |
| Cherry Ridge Apartments | Tax Credit | 2BR,1BA | $1,095 |
Best Value Apartments for Rent in Elysian, MN and Nearby
As of April 26, 2026 the best value apartment in the Elysian area is the $1.19 price per square foot 3 bed 2.5 bath (Exterior) Model at Fox Run Townhomes in the in the City Center Mankato neighborhood starting from $2,095. The second greatest value Elysian apartment is the New 3Br, 2.5 Bath @ Willow Cascades! Model at Willow Cascades Townhomes starting at $1,850 with a $1.23 price per square foot in the University neighborhood. Here is today’s list of the best values for Elysian apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Fox Run Townhomes | 3 bed 2.5 bath (Exterior) | 3BR,2.5BA | $1.19 |
| Willow Cascades Townhomes | New 3Br, 2.5 Bath @ Willow Cascades! | 3BR,2.5BA | $1.23 |
| Dublin Road Townhomes | 3 Bedroom 1.5 Bath Affordable | 3BR,1.5BA | $1.28 |
| Fox Meadows Townhomes | Three Bed - Market | 3BR,1.5BA | $1.22 |
| Legacy Park Estates | Three Bedroom 1.75 Bathroom | 3BR,1.75BA | $1.22 |
| Autumn Wind Townhomes | Three Bedroom | 3BR,1.5BA | $1.27 |
| Augusta Commons | 3 Bedroom 2 Bath | 3BR,2BA | $1.27 |
| Autumn Glen Townhomes | 2 Bedroom | 2BR,2BA | $1.10 |
| Rita Road | 2 Bed 1 Bath | 2BR,1BA | $1.29 |
| Bunting Lane Apartments | Individual Roommates Included! | 2BR,2BA | $0.92 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleThe 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Elysian, MN Rentals by Map
See the most popular apartments and homes in Elysian, MN
Frequently Asked Questions about Cheap Elysian Apartments
How much is rent for a Cheap One Bedroom Elysian Apartment?
The lowest price for a Cheap One Bedroom Elysian Apartment is $825 at F and H Apartments.
What is the lowest price for a Cheap Two Bedroom Elysian Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Elysian is starting from $875 at F and H Apartments.
What is the most affordable Elysian Three Bedroom Apartment?
The best deal on a cheap Elysian Three Bedroom Apartment rental is at F and H Apartments and starts from $925.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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.