Cheap Apartments for Rent in the 55042 ZIP Code of Lake Elmo, MN from $300 (3 Rentals)

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Search the lowest-cost Apartments available for rent right now in the 55042 ZIP Code area of Lake Elmo.

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Springs at Lake Elmo
Rent Specials
$1,470 - $2,709
Total Monthly Price

Total Monthly Price

Base Rent
$1,324 - $2,563
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Springs at Lake Elmo

9600 Hudson Blvd NLake Elmo, MN 55042
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

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Norhart Oakdale
Rent Specials
$1,299 - $5,985
Total Monthly Price

Total Monthly Price

Base Rent
$1,287 - $5,973
Required Monthly Fees
$12

Total Monthly Price
$1,299 - $5,985
Studio to 3 Bedroom Apartments Available Now

Norhart Oakdale

7600 2nd St NOakdale, MN 55128
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

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The Espen Residences
Rent Specials
$1,431 - $3,451
Total Monthly Price

Total Monthly Price

Base Rent
$1,362 - $3,382
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The Espen Residences

3998 Hayward Ave NOakdale, MN 55128
Luxury
  • Verified
  • Customer Reviewed
  • 3D Tour

Frequently Asked Questions about Cheap the 55042 ZIP Code Apartments

What is the Cheapest Studio apartment in 55042?

Currently the most affordable Cheap Studio Apartment in 55042 is at Blue Point Apartments listed at $1,275.

How much is rent for a Cheap One Bedroom 55042 Apartment?

The lowest price for a Cheap One Bedroom 55042 Apartment is $900 at Colfax Sandhill Apartments.

What is the lowest price for a Cheap Two Bedroom 55042 Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in 55042 is starting from $1,045 at Cedar Meadows.

What is the most affordable 55042 Three Bedroom Apartment?

The best deal on a cheap 55042 Three Bedroom Apartment rental is at FOREST CREEK APARTMENTS and starts from $1,479.

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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.