
Cheap Apartments for Rent in the Elliot Park Neighborhood of Minneapolis, MN from $500 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in the Elliot Park area of Minneapolis.


East Village

431 S 7th St, Unit 2616

431 S 7th St
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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.

FIT

1010 S 7th St

HQ Apartments

431 S 7th St

Runnstone Senior Living
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.
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
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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.
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 | $1,427 | $850 | $2,676 |
Elliot Park 1 Bedroom Apartments | $1,720 | $975 | $3,433 |
Elliot Park 2 Bedroom Apartments | $2,411 | $1,200 | $5,645 |
Elliot Park 3 Bedroom Apartments | $3,312 | $1,600 | $7,065 |
Elliot Park 4 Bedroom Apartments | $1,700 | $1,700 | $1,700 |
Browse Apartments in this Neighborhood
There are currently 34 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 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Paige Hall | Efficiency | Studio,1BA | $551 |
Buri Manor | Efficiency | Studio,1BA | $699 |
The Balmoral | Efficiency | Studio,1BA | $718 |
The Roselle | Studio | Studio,1BA | $800 |
The Villa Apartments | 0BR/1.0BA | Studio,1BA | $850 |
Drexel Apartments | One Bedroom | 1BR,1BA | $990 |
Barnabas Apartments | Efficiency PB | Studio,1BA | $1,020 |
Green Rock | 1BR/1.0BA | 1BR,1BA | $1,050 |
FIT | Classic - One Bedroom | 1BR,1BA | $1,195 |
HQ Apartments | S1 | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Drexel Apartments | 2 B.R.-2 Bath | 2BR,2BA | $1.62 |
Gatsby Apartments | B12 1x1 | 1BR,1BA | $2.43 |
FIT | Classic - One Bedroom | 1BR,1BA | $1.61 |
East Village | 1 Bedroom, Market, Maple/Mullberry Floorplan | 1BR,1BA | $2.17 |
Sora | Gold Medal V1 | 1BR,1BA | $2.49 |
Runnstone Senior Living | 1425-1 Bed | 1BR,1BA | $2.36 |
The Villa Apartments | 0BR/1.0BA | Studio ,1BA | $1.70 |
Green Rock | 1BR/1.0BA | 1BR,1BA | $2.10 |
The Balmoral | 1 Bedroom | 1BR,1BA | $2.31 |
The Roselle | Studio | Studio ,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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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.

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.

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.

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.

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.