Cheap Apartments for Rent in the Elliot Park Neighborhood of Minneapolis, MN from $500 (34 Rentals)

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

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.

property at 1010 S 7th St

1010 S 7th St

MinneapolisMN55415

The Art of the Rental Viewing: What to look for during a property tour

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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The Adams
Studio Apartments

The Adams

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

Paige Hall

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

Buri Manor

1515 Chicago AveMinneapolis, MN 55404
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Brownstones Downtown
Studio to 1 Bedroom Apartments

Brownstones Downtown

500-508 15th St EMinneapolis, 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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Stadium Place
1 Bedroom Apartments

Stadium Place

1501 11th Ave SMinneapolis, MN 55404
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Monadnock Apartments
Studio Apartments

Monadnock Apartments

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

The Roselle

910 Portland Ave SMinneapolis, MN 55404
  • Utilities Included

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.

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East Town Apartments
Studio to 3 Bedroom Apartments

East Town Apartments

618 S 9th StMinneapolis, MN 55404
  • Utilities Included
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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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Appleton Villa
1 Bedroom Apartments

Appleton Villa

615 E 16th StMinneapolis, MN 55404
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Elliot East Condos
Studio to 1 Bedroom Apartments

Elliot East Condos

928 Chicago AveMinneapolis, MN 55404
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Green Rock
1 Bedroom Apartments

Green Rock

620 E 16th StMinneapolis, MN 55404
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1600
1 Bedroom Apartments

1600

1600 Park AveMinneapolis, MN 55404

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.

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1501
1 Bedroom Apartments

1501

1501 Portland Ave SMinneapolis, 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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Ox-Op Apartments
1 to 2 Bedroom Apartments

Ox-Op Apartments

1111 S Washington AveMinneapolis, MN 55415

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 Apartments0BR/1.0BAStudio,1BA$850
Drexel ApartmentsOne Bedroom1BR,1BA$990
Barnabas ApartmentsEfficiency PBStudio,1BA$1,020
Green Rock1BR/1.0BA1BR,1BA$1,050
FITClassic - One Bedroom1BR,1BA$1,195
HQ ApartmentsS1Studio,1BA$1,244

Best Value Apartments for Rent in Elliot Park, MN

As of June 27, 2025 the best value apartment in the Elliot Park area is the $1.62 price per square foot 2 B.R.-2 Bath Model at Drexel Apartments in the in the Greater Central neighborhood starting from $1,540. The second greatest value Elliot Park apartment is the B12 1x1 Model at Gatsby Apartments starting at $1,965 with a $2.43 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 Apartments2 B.R.-2 Bath2BR,2BA$1.62
Gatsby ApartmentsB12 1x11BR,1BA$2.43
FITClassic - One Bedroom1BR,1BA$1.61
East Village1 Bedroom, Market, Maple/Mullberry Floorplan1BR,1BA$2.17
SoraGold Medal V11BR,1BA$2.49
Runnstone Senior Living1425-1 Bed1BR,1BA$2.36
The Villa Apartments0BR/1.0BAStudio ,1BA$1.70
Green Rock1BR/1.0BA1BR,1BA$2.10
The Balmoral1 Bedroom1BR,1BA$2.31
The RoselleStudioStudio ,1BA$1.90

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 $1,540 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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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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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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.