
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.


The Roselle

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The Villa Apartments

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The Jameson Apartments

The Elms

Aberdeen Apartments

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FIT

431 S 7th St, Unit Apt 2610
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East Village

Runnstone Senior Living

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Gatsby Apartments

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4th and Park

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HQ Apartments

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Sora

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605 S 9th St, Unit APT 7

Moment
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Total Monthly Price
1617 10th Ave S, Unit #4

929 Portland Ave

Paige Hall

The Adams

Buri Manor

The Balmoral

Elliot Court Apartments

Brownstones Downtown
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Stadium Place

Monadnock Apartments

East Town Apartments

Old Town In Town Cooperative

1615 11th Ave S

Appleton Villa

1600

Drexel Apartments
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1101 S 7th St

Elliot East Condos

Barnabas Apartments

620 E 16th St

East Village

Madison Apartments

1501

1010 Lofts
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612 E 16th St

929 Portland Ave
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 | $1,292 | $750 | $1,958 |
| Elliot Park 1 Bedroom Apartments | $1,698 | $893 | $3,483 |
| Elliot Park 2 Bedroom Apartments | $2,292 | $1,404 | $4,265 |
| Elliot Park 3 Bedroom Apartments | $2,377 | $1,850 | $3,261 |
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.
See all Apartments in MinneapolisExplore Minneapolis
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. The Roselle has the second lowest priced unit, which is a Studio apartment currently listed from $800. 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 |
| The Roselle | Studio | Studio,1BA | $800 |
| The Villa Apartments | 0BR/1.0BA | Studio,1BA | $900 |
| The Elms | Studio, 1 bath | Studio,1BA | $1,056 |
| FIT | Renovated - One Bedroom | 1BR,1BA | $1,229 |
| 1010 Lofts | S03 - West View of Ramp | Studio,1BA | $1,285 |
| Runnstone Senior Living | 1509-1 Bed | 1BR,1BA | $1,300 |
| East Village | 1 Bedroom, Market, Maple/Mullberry Floorplan | 1BR,1BA | $1,300 |
| Gatsby Apartments | A1 Studio | Studio,1BA | $1,358 |
| 4th and Park | 0x1 A3 | Studio,1BA | $1,388 |
Best Value Apartments for Rent in Elliot Park, MN
As of July 01, 2026 the best value apartment in the Elliot Park area is the $2.61 price per square foot Finale Model at Moment in the in the Greater Central neighborhood starting from $4,255. The second greatest value Elliot Park apartment is the Renovated - One Bedroom Model at FIT starting at $1,229 with a $1.66 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. |
|---|---|---|---|
| Moment | Finale | 2BR,2BA | $2.61 |
| FIT | Renovated - One Bedroom | 1BR,1BA | $1.66 |
| East Village | 1 Bedroom, Market, Maple/Mullberry Large Floorplan | 1BR,1BA | $1.94 |
| Runnstone Senior Living | 1425-1 Bed | 1BR,1BA | $2.36 |
| Gatsby Apartments | A1 Studio | Studio ,1BA | $2.49 |
| The Villa Apartments | 0BR/1.0BA | Studio ,1BA | $1.80 |
| 1010 Lofts | S03 - West View of Ramp | Studio ,1BA | $2.88 |
| The Roselle | Studio | Studio ,1BA | $1.90 |
| The Elms | Studio, 1 bath | Studio ,1BA | $2.56 |
| Lilium Apartments and Centennial Place | Lilium Apartments 706 S St Studio | Studio ,1BA | $2.18 |
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 $1,388.
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 $2,200.
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 16 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.
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