161 1st Ave N
BayportMN55003
Cheap Homes for Rent in Lake Elmo, MN from $1,600 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Lake Elmo.
1602 Helmo Ave N
OakdaleMN55128
8958 Spring Ln
WoodburyMN55125
6680 Gretchen Ln N
OakdaleMN55128
9305 Turnberry Alcove
WoodburyMN55125
2203 Conway St
St. PaulMN55119
2439 Grenadier Ave N
OakdaleMN55128
2421 Grenadier Ave N
OakdaleMN55128
519 8th St N
HudsonWI54016
9283 Troon Ct
WoodburyMN55125
1391 Minnehaha Ave E
St. PaulMN55106
8938 Spring Ln
WoodburyMN55125
2303 Grange Ave N
OakdaleMN55128
2497 Copper Cliff Trail
WoodburyMN55125
498 Cimarron
Lake ElmoMN55042
490 Cimarron
Lake ElmoMN55042
1661 Leone Ave E
St. PaulMN55106
10266 Bleeker St
WoodburyMN55129
Showing Results 1-18, Page 1 of 1
Lake Elmo, MN Local Guide
Winter at Lake Elmo Park Reserve in Washington County, Minnesota by Tony Webster is licensed under CC BY 2.0
How much does it cost to rent a home in Lake Elmo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Elmo 2 Bedroom Homes for Rent | $2,054 | $1,600 | $3,500 |
| Lake Elmo 3 Bedroom Homes for Rent | $2,870 | $1,800 | $5,000 |
| Lake Elmo 4 Bedroom Homes for Rent | $3,659 | $2,850 | $4,700 |
| Lake Elmo 5 Bedroom Homes for Rent | $3,619 | $3,099 | $4,235 |
| Lake Elmo 6 Bedroom Homes for Rent | $6,900 | $5,900 | $7,900 |
Browse Top Homes for Rent in Lake Elmo
Explore Lake Elmo
Lake Elmo, MN Local Guide
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Cheapest Available Lake Elmo Apartments for Rent
The cheapest available apartment rental in Lake Elmo, MN is a 1 Bed unit found at Minnehaha Manor in the Midvale neighborhood priced from $1,225. Eastgate Apartments in the Ledgestone neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,325. Here is today’s list of the most affordable Lake Elmo apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Minnehaha Manor | Birch | 1BR,1BA | $1,225 |
| Eastgate Apartments | 1 Bedroom Renovated | 1BR,1BA | $1,325 |
| Briar Pond Apartments | 2 Bedrooms Townhome Floor Plan H | 2BR,2BA | $1,338 |
| The Espen Residences | Cypress | Studio,1BA | $1,347 |
| City Walk at Woodbury | Ashbury | 1BR,1BA | $1,395 |
Best Value Apartments for Rent in Lake Elmo, MN
As of July 28, 2025 the best value apartment in the Lake Elmo area is the $1.52 price per square foot The Craftsman Model at Meridian at CityPlace in the in the Turnberry Heritage Townhomes neighborhood starting from $3,435. The second greatest value Lake Elmo apartment is the Ivywood Model at Woodhelm Townhomes starting at $3,695 with a $1.65 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 Craftsman | 3BR,3.5BA | $1.52 |
| Woodhelm Townhomes | Ivywood | 2BR,2.5BA | $1.65 |
| Bentley Village | Raleigh | 3BR,3BA | $1.68 |
| Woodbury Park at City Centre | Lakeland Townhome with Den & Tandem Garage | 2BR,2BA | $1.56 |
| Cedrics Landing | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.59 |
| Seasons Villas | Diamond Hudson | 2BR,1.5BA | $1.66 |
| Briar Pond Apartments | 2 Bedrooms Townhome Floor Plan H | 2BR,2BA | $1.27 |
| The Legends of Woodbury 55+ Apartments | Two Bedroom - A | 2BR,1.5BA | $1.79 |
| Oakdale Commons - 55+ | Laurel Oak | 2BR,1BA | $1.72 |
| City Walk at Woodbury | Plaza | 1BR,1BA | $1.78 |
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Frequently Asked Questions about Lake Elmo
What type of rentals are currently available in Lake Elmo?
There are currently 62 Apartments for Rent in Lake Elmo, MN with pricing that ranges from $1,065 to $9,000. There are also 58 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Elmo ranging from $1,600 to $7,900.
What is the current price range for Rental Homes in Lake Elmo?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Elmo ranges from $1,600 to $7,900 with an average monthly rent of $3,820.
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.
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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.