
Cheap Homes for Rent in Eliot Neighborhood of Minneapolis, MN from $1,300 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Eliot area of Minneapolis.


7414 W 22nd St, Unit 112

1305 Flag Ave N
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.

8724 Minnetonka Blvd

1618 Natchez Ave S

8542 Plymouth Ave N
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.

4406 Cedar Lake Rd, Unit 1
Eliot, Minneapolis, MN Local Guide

How much does it cost to rent a home in Eliot?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Eliot 2 Bedroom Homes for Rent | $2,072 | $1,585 | $2,750 |
| Eliot 3 Bedroom Homes for Rent | $2,642 | $2,434 | $2,799 |
| Eliot 4 Bedroom Homes for Rent | $3,128 | $2,899 | $3,300 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Eliot Neighborhood of Minneapolis, MN.
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Eliot, Minneapolis, MN Local Guide
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Cheapest Available Eliot Apartments for Rent
 The cheapest available apartment rental in the Eliot area of Minneapolis, MN is a Studio unit found at Brittany Apartments priced from $925. Q2 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here are the most affordable Eliot apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Brittany Apartments | Studio | Studio,1BA | $925 |
| Q2 | 1 Bedroom | 1BR,1BA | $995 |
| 3551-3559 Huntington Ave S. | 1-BR | 1BR,1BA | $1,049 |
Best Value Apartments for Rent in Eliot, MN
As of June 08, 2026 the best value apartment in the Eliot area is the $1.44 price per square foot 2912 France Ave S Model at 2912 France Ave S in the in the West Calhoun neighborhood starting from $1,875. The second greatest value Eliot apartment is the The Quartz Model at Fine Living at Aquila Park & Royal Park starting at $1,516 with a $1.38 price per square foot in the Creekside neighborhood. Here is today’s list of the best values for Eliot apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2912 France Ave S | 2912 France Ave S | 2BR,1BA | $1.44 |
| Fine Living at Aquila Park & Royal Park | The Quartz | 2BR,1BA | $1.38 |
| Westlake Estate Apartments | 2BD 1.5 BA - 3rd Floor | 2BR,1.5BA | $1.50 |
| Laurel West End | Laurel West | One Bed B | 1BR,1BA | $1.49 |
| Minnetonka Hills Apartments | 1 Bedroom | 1BR,1BA | $1.38 |
| Park Embassy | One Bedroom Extra Large | 1BR,1BA | $1.42 |
| Hampshire House | The Alvin | 2BR,1BA | $1.38 |
| 3701 West Lake St. | 1 | 1BR,1BA | $1.55 |
| Lake West on France | 1 Bed - 1 Bath | 1BR,1BA | $1.55 |
| Q2 | 1 Bedroom | 1BR,1BA | $1.50 |
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 ArticleEnjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.
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.
Pet Friendly LifestyleEliot, Minneapolis, MN
Ranked #44
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Eliot
What type of rentals are currently available in Eliot?
There are currently 187 Apartments for Rent in Eliot, MN with pricing that ranges from $925 to $4,121. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Eliot ranging from $1,325 to $3,300.
What is the current price range for Rental Homes in Eliot?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Eliot ranges from $1,325 to $3,300 with an average monthly rent of $2,294.
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.
Helpful Local Expert Guides

A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN. I've lived in Minnesota all my life, save for a brief stint in Wisconsin.

Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.

Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.

Authentic Minneapolis: An Insiders Guide to Renting in the City of Lakes
Written by: Stephanie Lica
Hello from the Twin Cities! I’m Stephanie — your ApartmentHomeLiving.com Local Expert for Minneapolis. I’m here to give you the inside scoop on this frigid, yet fascinating city.
Articles, How-To's, and Tips

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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.