Cheap Homes for Rent in Elysian, MN from $1,000 (11 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Homes available for rent right now in Elysian.

property at 960 N 3rd St

960 N 3rd St

St. PeterMN56082

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.

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.

Elysian, MN Local Guide

Cheapest Available Elysian Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elysian, MN is a 1 Bed unit found at Village Court Apartments in the City Center Mankato neighborhood priced from $899. Glenwood Terrace in the University neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $950. Here is today’s list of the most affordable Elysian apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Village Court Apartments1 Bed, 1 Bath (original)1BR,1BA$899
Glenwood Terrace2 BR/ 1 BA2BR,1BA$950
Southwood Flats1 Bed, 1 Bath (original)1BR,1BA$974
Knollcrest2 bed2BR,1BA$995
Huntington Hills Apartments & Townhomes1BR Apartment1BR,1BA$1,000

Best Value Apartments for Rent in Elysian, MN and Nearby

As of September 07, 2025 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 Three Bedroom Model at Timberwolf Townhomes starting at $1,850 with a $1.20 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Fox Run Townhomes3 bed 2.5 bath (Exterior)3BR,2.5BA$1.19
Timberwolf TownhomesThree Bedroom3BR,2.5BA$1.20
Wolf Point TownhomesThree Bedroom3BR,2.5BA$1.28
Cherry Ridge ApartmentsTax Credit3BR,2BA$0.93
Tartan Glen2 Bedroom 1 Bath2BR,1BA$1.22
Augusta Commons3 Bedroom 2 Bath3BR,2BA$1.27
Knollcrest2 bed2BR,1BA$1.11
Gray Hawk ApartmentsLarge Two Bedroom2BR,1BA$1.21
Glenwood Terrace2 BR/ 1 BA2BR,1BA$1.14
Bunting Lane ApartmentsTwo Bed2BR,1BA$0.82

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Elysian, MN

Ranked #83

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Elysian, MN Rentals by Map

View Map
Elysian, MN Apartments Map
View Map
Elysian, MN Rental Homes Map

Frequently Asked Questions about Elysian

What type of rentals are currently available in Elysian?

There are currently 58 Apartments for Rent in Elysian, MN with pricing that ranges from $899 to $2,095. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elysian ranging from $1,050 to $3,250.

What is the current price range for Rental Homes in Elysian?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Elysian ranges from $1,050 to $3,250 with an average monthly rent of $1,815.

How much are larger Three and Four Bedroom Rentals in Elysian?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Elysian range from $1,250 to $2,095, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,980 and Four Bedroom Apartments start at $1,600.

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.