Cheap Apartments for Rent in the Elliot Park Neighborhood of Minneapolis, MN from $500 (30 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Elliot Park area of Minneapolis.

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The Villa Apartments
$875
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$825
Required Monthly Fees
$50

Total Monthly Price
$875
Studio Apartments Available Now

The Villa Apartments

1111 S 7th StMinneapolis, MN 55415
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Drexel Apartments
$990 - $1,455
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$990 - $1,455

Total Monthly Price
$990 - $1,455
1 to 2 Bedroom Apartments Available Now

Drexel Apartments

1009 Park AveMinneapolis, MN 55404
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FIT
Rent Specials
$1,153 - $1,858
Total Monthly Price

Total Monthly Price

Base Rent
$1,145 - $1,850
Required Monthly Fees
$8

Total Monthly Price
$1,153 - $1,858
Studio to 2 Bedroom Apartments Available Now

FIT

515 E Grant StMinneapolis, MN 55404
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The Adams
Studio Apartments

The Adams

500 S 10th StMinneapolis, MN 55404
  • Utilities Included
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Paige Hall
Studio to 2 Bedroom Apartments

Paige Hall

727 5th Ave SMinneapolis, MN 55415
  • Utilities Included
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Buri Manor
Studio Apartments

Buri Manor

1515 Chicago AveMinneapolis, MN 55404
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The Balmoral
Studio to 1 Bedroom Apartments

The Balmoral

1005 Portland Ave SMinneapolis, MN 55404
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Elliot Court Apartments
Studio to 1 Bedroom Apartments

Elliot Court Apartments

1130 8th St SMinneapolis, MN 55404
  • Utilities Included
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Brownstones Downtown
Studio to 1 Bedroom Apartments

Brownstones Downtown

500-508 15th St EMinneapolis, MN 55404
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Stadium Place
1 to 3 Bedroom Apartments

Stadium Place

1501 11th Ave SMinneapolis, MN 55404
  • Utilities Included
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Monadnock Apartments
Studio Apartments

Monadnock Apartments

900 Centennial PlMinneapolis, MN 55404
  • Utilities Included
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The Roselle
Studio to 1 Bedroom Apartments

The Roselle

910 Portland Ave SMinneapolis, MN 55404
  • Utilities Included
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East Town Apartments
Studio to 3 Bedroom Apartments

East Town Apartments

618 S 9th StMinneapolis, MN 55404
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1615 11th Ave S
1 Bedroom Apartments

1615 11th Ave S

1615 11th Ave SMinneapolis, MN 55404
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Lilium Apartments
Studio to 2 Bedroom Apartments

Lilium Apartments

706 9th St SMinneapolis, MN 55404

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Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Appleton Villa
Studio to 1 Bedroom Apartments

Appleton Villa

615 E 16th StMinneapolis, MN 55404
  • Utilities Included
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Elliot East Condos
Studio to 2 Bedroom Apartments

Elliot East Condos

928 Chicago AveMinneapolis, MN 55404
  • Utilities Included
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1600
1 Bedroom Apartments

1600

1600 Park AveMinneapolis, MN 55404
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1501
Studio to 1 Bedroom Apartments

1501

1501 Portland Ave SMinneapolis, MN 55404
  • Utilities Included
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Green Rock
1 Bedroom Apartments

Green Rock

620 E 16th StMinneapolis, MN 55404
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Madison Apartments
2 to 4 Bedroom Apartments

Madison Apartments

501 E 15th StMinneapolis, MN 55404

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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Ox-Op Apartments
Studio to 2 Bedroom Apartments

Ox-Op Apartments

1111 S Washington AveMinneapolis, MN 55415
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East Village South
1 to 2 Bedroom Apartments

East Village South

1423 11th Ave SMinneapolis, MN 55404
  • Utilities Included

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 Paige Hall priced from $551. Buri Manor has the second lowest priced unit, which is a Studio apartment currently listed from $699. Here are the most affordable Elliot Park apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Paige HallEfficiencyStudio,1BA$551
Buri ManorEfficiencyStudio,1BA$699
The BalmoralEfficiencyStudio,1BA$718
The RoselleStudioStudio,1BA$800
The Villa ApartmentsNewly Renovated StudioStudio,1BA$875
Drexel ApartmentsOne Bedroom1BR,1BA$990
1101 S 7th St1 Bedroom1BR,1BA$1,000
Barnabas ApartmentsEfficiency PBStudio,1BA$1,020
East Village1 Bedroom, Income Restrictions, Maple Floorplan1BR,1BA$1,100
FITRenovated - StudioStudio,1BA$1,153

Best Value Apartments for Rent in Elliot Park, MN

As of October 29, 2025 the best value apartment in the Elliot Park area is the $1.62 price per square foot Two Bedroom, One Bath Model at Drexel Apartments in the in the Greater Central neighborhood starting from $1,455. The second greatest value Elliot Park apartment is the Apt 2 Model at 1601 Portland Ave starting at $1,800 with a $2.00 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Drexel ApartmentsTwo Bedroom, One Bath2BR,1BA$1.62
1601 Portland AveApt 22BR,2BA$2.00
East Village1 Bedroom, Market, Maple/Mullberry Floorplan1BR,1BA$2.17
Runnstone Senior Living1425-1 Bed1BR,1BA$2.36
1101 S 7th St1 Bedroom1BR,1BA$1.82
FITRenovated - StudioStudio ,1BA$2.14
The Villa ApartmentsNewly Renovated StudioStudio ,1BA$1.75
The Balmoral1 Bedroom1BR,1BA$2.31
The RoselleStudioStudio ,1BA$1.90
Buri ManorEfficiencyStudio ,1BA$2.36

Getting Around the Elliot Park Neighborhood in Minneapolis, MN

Walk Score®

85 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

95 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

79 / 100

Excellent Transit

Transit is convenient for most trips

Frequently Asked Questions about Cheap Elliot Park Apartments

What is the Cheapest Studio apartment in Elliot Park?

Currently the most affordable Cheap Studio Apartment in Elliot Park is at Paige Hall listed at $551.

How much is rent for a Cheap One Bedroom Elliot Park Apartment?

The lowest price for a Cheap One Bedroom Elliot Park Apartment is $893 at The Roselle.

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

Today's best deal for a Cheap Two Bedroom Apartment in Elliot Park is starting from $1,455 at Drexel Apartments.

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.

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Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

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The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.