
Cheap Homes for Rent in Elliot Park Neighborhood of Minneapolis, MN from $1,000 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Elliot Park area of Minneapolis.


431 S 7th St
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.

433 S 7th St

1605 Portland Ave
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.
Elliot Park, Minneapolis, MN Local Guide

How much does it cost to rent a home in Elliot Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Elliot Park 2 Bedroom Homes for Rent | $2,160 | $1,500 | $2,595 |
Elliot Park 3 Bedroom Homes for Rent | $2,625 | $2,500 | $2,750 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Elliot Park Neighborhood of Minneapolis, MN.
Explore Minneapolis
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 |
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.

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.