Search the lowest-cost Apartments available for rent right now in Lake Elmo.
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| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Lake Elmo Studio Apartments | $1,476 | $1,124 | $1,729 |
| Cheap Lake Elmo 1 Bedroom Apartments | $1,682 | $1,118 | $2,449 |
| Cheap Lake Elmo 2 Bedroom Apartments | $2,180 | $1,295 | $4,280 |
| Cheap Lake Elmo 3 Bedroom Apartments | $2,647 | $1,531 | $6,528 |
| Cheap Lake Elmo 4 Bedroom Apartments | $2,072 | $2,072 | $2,072 |
The cheapest available apartment rental in Lake Elmo, MN is a 1 Bed unit found at Briar Pond Apartments in the Midvale neighborhood priced from $1,118. Minnehaha Manor in the Midvale neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,214. Here is today’s list of the most affordable Lake Elmo apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Briar Pond Apartments | 1 Bedroom Floor Plan G | 1BR,1BA | $1,118 |
| Minnehaha Manor | Birch | 1BR,1BA | $1,214 |
| Beyond Woodbury | Wonder | Studio,1BA | $1,356 |
| Curve Crest Villas | 1 Bedroom TXC | 1BR,1BA | $1,365 |
| Crown Villa Apartments | 1 Bedroom | 1BR,1BA | $1,379 |
| Norhart Oakdale | Zen | Studio,1BA | $1,421 |
| The Bosk Apartment Homes | A2R (Stainless Steel Appliances, In-Unit Laundry) | 1BR,1BA | $1,460 |
| Springs at Willowbrooke | Studio Grand Overlook | Studio,1BA | $1,476 |
| Briarcliff Apartments, a 55+ Community | Walnut (2G) | 2BR,1BA | $1,500 |
| City Walk at Woodbury | Plaza | 1BR,1BA | $1,545 |
As of February 06, 2026 the best value apartment in the Lake Elmo area is the $1.41 price per square foot The Luxe Model at Meridian at CityPlace in the in the Turnberry Heritage Townhomes neighborhood starting from $3,785. The second greatest value Lake Elmo apartment is the Grove-B Model at Woodhelm Townhomes starting at $3,325 with a $1.82 price per square foot in the Washington Far Eastern Suburbs neighborhood. Here is today’s list of the best values for Lake Elmo apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Meridian at CityPlace | The Luxe | 4BR,3.5BA | $1.41 |
| Woodhelm Townhomes | Grove-B | 2BR,2.5BA | $1.82 |
| Bentley Village | Raleigh | 3BR,3BA | $1.68 |
| The Harlan | Robin's Egg | 3BR,2BA | $1.82 |
| Sundance Woodbury | Ridge | 2BR,2BA | $1.92 |
| The Legends of Woodbury 55+ Apartments | Two Bedroom - B | 2BR,1BA | $1.75 |
| Crown Villa Apartments | 1+den | 1BR,1BA | $1.87 |
| The Bosk Apartment Homes | A2R (Stainless Steel Appliances, In-Unit Laundry) | 1BR,1BA | $1.77 |
| Briarcliff Apartments, a 55+ Community | Walnut (2G) | 2BR,1BA | $1.89 |
| Briar Pond Apartments | 1 Bedroom Floor Plan G | 1BR,1BA | $1.54 |
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Read ArticleThe 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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Currently the most affordable Cheap Studio Apartment in Lake Elmo is at Beyond Woodbury listed at $1,356.
The lowest price for a Cheap One Bedroom Lake Elmo Apartment is $1,118 at Briar Pond Apartments.
Today's best deal for a Cheap Two Bedroom Apartment in Lake Elmo is starting from $1,399 at Minnehaha Manor.
The best deal on a cheap Lake Elmo Three Bedroom Apartment rental is at Briarcliff Apartments, a 55+ Community and starts from $1,695.
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.
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.
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
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.
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.
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Total Monthly Price combines base rent and required monthly fees into one amount, so you can know what to expect before you apply.
