
Cheap Apartments for Rent in Lake Elmo, MN from $800 with Utilities Included (12 Rentals)
Apartments with Utilities Included.
Cheap Apartments in Lake Elmo.


Total Monthly Price
Minnehaha Manor

Cottages of Aspen

Curve Crest Villas

Briar Pond Apartments

Crown Villa 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.

Total Monthly Price
The Legends of Woodbury 55+ Apartments

Piccadilly Square 62+ Senior Living

Ridgecrest Apartments

Cypress Senior Living Apartments

Orleans Homes in Stillwater

Green Twig Villas - A 55 Plus Community
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.
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 | $1,410 | $1,219 | $1,940 |
| Lake Elmo 1 Bedroom Apartments | $1,651 | $1,185 | $2,629 |
| Lake Elmo 2 Bedroom Apartments | $2,149 | $1,295 | $4,280 |
| Lake Elmo 3 Bedroom Apartments | $2,689 | $1,795 | $5,985 |
Explore Lake Elmo
Lake Elmo, MN Local Guide
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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 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 Minnehaha Manor listed at $1,219.
How much is rent for a Cheap One Bedroom Lake Elmo Apartment?
The lowest price for a Cheap One Bedroom Lake Elmo Apartment is $1,185 at Oakdale Commons - 55+.
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 $1,519 at Minnehaha Manor.
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 Legends of Woodbury 55+ Apartments and starts from $1,974.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.