
Low Income Apartments for Rent near Lake Elmo, MN (5 Rentals)


Oakdale Commons - 55+
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

BRIARCLIFF APARTMENTS

Cottages of Aspen
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Total Monthly Price
The Legends of Woodbury 55+ Apartments
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 | $1,489 | $1,209 | $2,099 |
| Lake Elmo 1 Bedroom Apartments | $1,756 | $1,118 | $2,397 |
| Lake Elmo 2 Bedroom Apartments | $2,179 | $1,295 | $4,025 |
| Lake Elmo 3 Bedroom Apartments | $2,861 | $1,795 | $5,373 |
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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.
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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!
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See the most popular apartments and homes in Lake Elmo, MN
Frequently Asked Questions about Low Income Lake Elmo Apartments
What is the Cheapest Low Income apartment in Lake Elmo?
Currently the most affordable Low Income Apartment in Lake Elmo is at Cottages of Aspen listed at $1,295.
How much is the average rent for a Low Income Lake Elmo Apartment?
The average rent for a Low Income Apartment in Lake Elmo is $1,620.
What is the largest Low Income Lake Elmo Apartment for rent?
Today's Low Income apartment with the most square footage in Lake Elmo is a 1,353 square feet unit starting from $1,408 at Reserve At Settlers Ridge.
What is the average size for Lake Elmo Low Income Apartments for rent?
The average size for a Low Income rental in Lake Elmo is currently at 722 sq ft.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.