
Cheap 3 Bedroom Apartments for Rent in Lake Elmo, MN from $1,795 (8 Rentals)


121 Cimarron

16 Cimarron

691 Cimarron
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.

154 Cimarron

BRIARCLIFF APARTMENTS

Curve Crest Villas

1607 Arlington Ave E
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.
Lake Elmo, MN Local Guide

How much does it cost to rent an apartment in Lake Elmo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Elmo Studio Apartments | $1,523 | $1,154 | $2,099 |
| Lake Elmo 1 Bedroom Apartments | $1,765 | $1,205 | $2,397 |
| Lake Elmo 2 Bedroom Apartments | $2,207 | $1,295 | $4,025 |
| Lake Elmo 3 Bedroom Apartments | $2,960 | $1,795 | $5,745 |
Explore Lake Elmo
Lake Elmo, MN Local Guide
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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.
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.
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 Lake Elmo, MN Rentals by Map
See the most popular apartments and homes in Lake Elmo, MN
Frequently Asked Questions about Cheap Lake Elmo Apartments
What is the Cheapest Studio apartment in Lake Elmo?
Currently the most affordable Cheap Studio Apartment in Lake Elmo is at The Harlan listed at $2,425.
How much is rent for a Cheap One Bedroom Lake Elmo Apartment?
The lowest price for a Cheap One Bedroom Lake Elmo Apartment is $2,425 at The Harlan.
What is the lowest price for a Cheap Two Bedroom Lake Elmo Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lake Elmo is starting from $2,425 at The Harlan.
What is the most affordable Lake Elmo Three Bedroom Apartment?
The best deal on a cheap Lake Elmo Three Bedroom Apartment rental is at The Harlan and starts from $2,425.
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.