3463 Alabama Ave S
MinneapolisMN55416
Cheap Homes for Rent in Eliot Neighborhood of Minneapolis, MN from $2,100 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Eliot area of Minneapolis.
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
7304 Minnetonka Blvd
MinneapolisMN55426
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
2628 Lynn Ave
St. Louis ParkMN55416
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
3537 Aquila Avenue South, Unit 3537
3537 Aquila Avenue South
MinneapolisMN55426
Eliot - One of the Best Affordable Neighborhoods in Minneapolis
Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!
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Eliot, Minneapolis, MN Local Guide
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in Minneapolis by Flickr User: mulad is licensed under CC BY 2.0
How much does it cost to rent a home in Eliot?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Eliot 3 Bedroom Homes for Rent | $2,526 | $2,100 | $2,995 |
| Eliot 4 Bedroom Homes for Rent | $4,274 | $2,300 | $7,900 |
| Eliot 5 Bedroom Homes for Rent | $7,900 | $7,900 | $7,900 |
Browse Homes for Rent in this Neighborhood
There are currently 4 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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Best Value Apartments for Rent in Eliot, MN
As of May 10, 2025 the best value apartment in the Eliot area is the $1.44 price per square foot 2BD + Den - 3rd Floor Model at Westlake Estate Apartments in the in the West Calhoun neighborhood starting from $1,799. The second greatest value Eliot apartment is the 2 Bedroom 1.5 Bath Townhouse Model at Villa Capri starting at $1,725 with a $1.44 price per square foot in the West Calhoun 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. |
|---|---|---|---|
| Westlake Estate Apartments | 2BD + Den - 3rd Floor | 2BR,2BA | $1.44 |
| Villa Capri | 2 Bedroom 1.5 Bath Townhouse | 2BR,1.5BA | $1.44 |
| Valley View | Two Bedroom 22A | 2BR,1BA | $1.46 |
| Rhode Island Chateau Apartments | Two Bedroom | 1BR,1BA | $1.45 |
| 5747 Glenwood Ave, Unit 10 | 5747 Glenwood Ave | 2BR,1BA | $1.31 |
| Knollwood Estates | 2 Bedroom | 2BR,1BA | $1.39 |
| Park Embassy | One Bedroom | 1BR,1BA | $1.44 |
| 3701 Lake St | One Bedroom | 1BR,1BA | $1.48 |
| Hampshire House | The Theodore | 1BR,1BA | $1.46 |
| Q-2 | 1 Bedroom | 1BR,1BA | $1.50 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Eliot
What type of rentals are currently available in Eliot?
There are currently 176 Apartments for Rent in Eliot, MN with pricing that ranges from $925 to $6,440. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Eliot ranging from $2,100 to $7,900.
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 $2,100 to $7,900 with an average monthly rent of $4,900.
How much are larger Three and Four Bedroom Rentals in Eliot?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Eliot range from $2,075 to $5,737, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $2,995. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $2,589.
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.
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.
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.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.