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$750 - $925
Plus Fees6 Month Lease Term
Studio Apartments Available NowLilium Apartments and Centennial Place
706 9th St SMinneapolis, MN 55404
Cheap Apartments for Rent in the Elliot Park Neighborhood of Minneapolis, MN from $500 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in the Elliot Park area of Minneapolis.
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Rent Specials
$800 - $1,056
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowThe Roselle
910 Portland Ave SMinneapolis, MN 55404
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$900 - $925
Total Monthly Price12 Month Lease Term
Studio Apartments Available Sep 1Total Monthly Price
Base Rent
$850 - $875
Required Monthly Fees
$50
Total Monthly Price
$900 - $925
The Villa Apartments
1111 S 7th StMinneapolis, MN 55415
431 S 7th St
MinneapolisMN55415
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Rent Specials
$1,056 - $1,187
Plus Fees
Studio to 1 Bedroom Apartments Available NowThe Elms
1400-1420 Portland AveMinneapolis, MN 55404
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$1,095 - $1,550
Plus Fees3 Month Lease Term
Studio Apartments Available Nov 1Aberdeen Apartments
500 E 14th StMinneapolis, MN 55404
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Rent Specials
$1,203 - $1,603
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,195 - $1,595
Required Monthly Fees
$8
Total Monthly Price
$1,203 - $1,603
FIT
515 E Grant StMinneapolis, MN 55404
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Rent Specials
$1,300 - $2,100
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,300 - $2,100
Total Monthly Price
$1,300 - $2,100
East Village
1423 S 11th AveMinneapolis, MN 55404
Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
Get the inside scoop on Minneapolis apartment living from a local expert. Explore the best neighborhoods for renting, fascinating history, top attractions, and must-try dining.
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$1,300 - $1,500
Plus Fees1 Month Lease Term
1 to 2 Bedroom Apartments Available NowRunnstone Senior Living
1509 10th Ave SMinneapolis, MN 55404
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Rent Specials
$1,424 - $4,678
Plus Fees
Studio to 2 Bedroom Apartments Available NowMoment
650 Portland Ave SMinneapolis, MN 55415
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Rent Specials
$1,446 - $4,486
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,396 - $4,436
Required Monthly Fees
$50
Total Monthly Price
$1,446 - $4,486
HQ Apartments
816 Portland Ave SMinneapolis, MN 55404
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$1,478 - $3,883
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,470 - $3,875
Required Monthly Fees
$8
Total Monthly Price
$1,478 - $3,883
Gatsby Apartments
1400 Park AveMinneapolis, MN 55404
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$1,460 - $3,322
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,460 - $3,322
Total Monthly Price
$1,460 - $3,322
Sora
600 S 5th AveMinneapolis, MN 55415
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$1,568 - $5,783
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,560 - $5,775
Required Monthly Fees
$8
Total Monthly Price
$1,568 - $5,783
4th and Park
700 S 4th StMinneapolis, MN 55415
929 Portland Ave S, Unit 1
929 Portland Ave S
MinneapolisMN55404
521 S 7th St
MinneapolisMN55415
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.
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Studio to 2 Bedroom Apartments
Paige Hall
727 5th Ave SMinneapolis, MN 55415
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Studio Apartments
The Adams
500 S 10th StMinneapolis, MN 55404
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Studio Apartments
Buri Manor
1515 Chicago AveMinneapolis, MN 55404
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Studio to 1 Bedroom Apartments
The Balmoral
1005 Portland Ave SMinneapolis, MN 55404
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Studio to 1 Bedroom Apartments
Elliot Court Apartments
1130 8th St SMinneapolis, MN 55404
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Studio to 1 Bedroom Apartments
Brownstones Downtown
500-508 15th St EMinneapolis, MN 55404
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Studio Apartments
Monadnock Apartments
900 Centennial PlMinneapolis, MN 55404
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1 to 3 Bedroom Apartments
Stadium Place
1501 11th Ave SMinneapolis, MN 55404
Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Find your dream Minneapolis work-life balance! See the best Twin Cities neighborhoods to rent apartments with short commutes near Target, Best Buy, and other top local employers.
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Studio to 3 Bedroom Apartments
East Town Apartments
618 S 9th StMinneapolis, MN 55404
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1 Bedroom Apartments
1615 11th Ave S
1615 11th Ave SMinneapolis, MN 55404
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1 to 2 Bedroom Apartments
728 East 16th Street (New Town)
728-740 E 16th StMinneapolis, MN 55404
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1 Bedroom Apartments
The Jameson Apartments
606 E 15th StMinneapolis, MN 55404
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1 Bedroom Apartments
1600
1600 Park AveMinneapolis, MN 55404
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Studio to 1 Bedroom Apartments
Appleton Villa
615 E 16th StMinneapolis, MN 55404
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Studio to 2 Bedroom Apartments
Drexel Apartments
1009 Park AveMinneapolis, MN 55404
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1 Bedroom Apartments
1101 S 7th St
1101 S 7th StMinneapolis, MN 55415
Elliot Park - 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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Studio to 2 Bedroom Apartments
Elliot East Condos
928 Chicago AveMinneapolis, MN 55404
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Studio Apartments
Barnabas Apartments
906 S 7th StMinneapolis, MN 55415
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1 Bedroom Apartments
Green Rock
620 E 16th StMinneapolis, MN 55404
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1 to 2 Bedroom Apartments
East Village
1423 11th Ave SMinneapolis, MN 55404
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2 to 4 Bedroom Apartments
Madison Apartments
501 E 15th StMinneapolis, MN 55404
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Studio to 2 Bedroom Apartments
1010 Lofts
1010 S 7th StMinneapolis, MN 55415
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2 Bedroom Apartments
612 E 16th St
612 E 16th StMinneapolis, MN 55404
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Studio to 2 Bedroom Apartments
Ox-Op Apartments
1111 S Washington AveMinneapolis, MN 55415
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.
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Studio to 2 Bedroom Apartments
1601 Portland Ave
1601 Portland AveMinneapolis, MN 55404
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3 Bedroom Apartments
1512
1512 Park AveMinneapolis, MN 55404
Showing Results 1-42, Page 1 of 1
Elliot Park, Minneapolis, MN Local Guide
How much does it cost to rent an apartment in Elliot Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elliot Park Studio Apartments | $1,244 | $750 | $2,088 |
| Elliot Park 1 Bedroom Apartments | $1,727 | $893 | $3,538 |
| Elliot Park 2 Bedroom Apartments | $2,384 | $1,500 | $4,678 |
| Elliot Park 3 Bedroom Apartments | $3,672 | $2,100 | $5,450 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 42 rentals with your search options within a 2 mile radius of the Elliot Park Neighborhood of Minneapolis, MN.
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Cheapest Available Elliot Park Apartments for Rent
The cheapest available apartment rental in the Elliot Park area of Minneapolis, MN is a Studio unit found at Lilium Apartments and Centennial Place priced from $750. Monadnock Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $775. Here are the most affordable Elliot Park apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lilium Apartments and Centennial Place | 900 Centennial Place Studio | Studio,1BA | $750 |
| Monadnock Apartments | 0 Beds, 1 Baths | Studio,1BA | $775 |
| The Roselle | Studio | Studio,1BA | $800 |
| 728 East 16th Street (New Town) | 1BR/1.0BA | 1BR,1BA | $917 |
| 1501 Portland Avenue | 0BR/1.0BA | Studio,1BA | $995 |
| The Elms | Studio, 1 bath | Studio,1BA | $1,056 |
| 1010 Lofts | S03 - West View of Ramp | Studio,1BA | $1,285 |
| East Village | 1 Bedroom, Market, Maple/Mullberry Floorplan | 1BR,1BA | $1,300 |
| Runnstone Senior Living | 1509-1 Bed | 1BR,1BA | $1,300 |
| FIT | Renovated - One Bedroom | 1BR,1BA | $1,418 |
Best Value Apartments for Rent in Elliot Park, MN
As of August 15, 2026 the best value apartment in the Elliot Park area is the $2.48 price per square foot Walker A4 Model at Sora in the in the Greater Central neighborhood starting from $1,840. The second greatest value Elliot Park apartment is the Renovated - One Bedroom Model at FIT starting at $1,418 with a $1.92 price per square foot in the Greater Central neighborhood. Here is today’s list of the best values for Elliot Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Sora | Walker A4 | 1BR,1BA | $2.48 |
| FIT | Renovated - One Bedroom | 1BR,1BA | $1.92 |
| East Village | 1 Bedroom, Market, Maple/Mullberry Large Floorplan | 1BR,1BA | $1.94 |
| 728 East 16th Street (New Town) | 1BR/1.0BA | 1BR,1BA | $1.55 |
| Runnstone Senior Living | 1425-1 Bed | 1BR,1BA | $2.36 |
| The Roselle | Studio | Studio ,1BA | $1.90 |
| The Elms | Studio, 1 bath | Studio ,1BA | $2.56 |
| Monadnock Apartments | 0 Beds, 1 Baths | Studio ,1BA | $1.89 |
| Lilium Apartments and Centennial Place | Lilium Apartments 706 S St Studio | Studio ,1BA | $2.18 |
| 1501 Portland Avenue | 0BR/1.0BA | Studio ,1BA | $2.49 |
Frequently Asked Questions about Cheap Elliot Park Apartments
What is a cheap apartment in Elliot Park?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Elliot Park is under $1,418.
What is the price of a cheap apartment in Elliot Park?
The cheapest apartment in Elliot Park is The Roselle which is listed at $893, while the average apartment in Elliot Park costs $1,616.
What types of apartments are the cheapest in Elliot Park?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 17 regular apartments in Elliot Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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
Authentic Minneapolis: An Insider's 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.
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.
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.
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.
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.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
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.