Cheap Homes for Rent in Elliot Park Neighborhood of Minneapolis, MN from $1,000 (4 Rentals)

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Search the lowest-cost Homes 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 433 S 7th St

433 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.

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

Frequently Asked Questions about Elliot Park

What type of rentals are currently available in Elliot Park?

There are currently 89 Apartments for Rent in Elliot Park, MN with pricing that ranges from $850 to $7,065. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elliot Park ranging from $1,050 to $2,750.

What is the current price range for Rental Homes in Elliot Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Elliot Park ranges from $1,050 to $2,750 with an average monthly rent of $1,955.

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.

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

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.