Cheap 1 Bedroom Apartments for Rent in the Elmwood Neighborhood of Minneapolis, MN from $895 (80 Rentals)

Courtyard

Lake West on France

3701 Lake St

Dean Terrace Apartments

Allegro

4445 Chowen Ave S

Axon Green
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.

5016 Xerxes Ave S

2920 Dean Parkway Apartments

Cove at Linden Hills

Marbella on Dean
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.
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.

1210-1220 Cambridge St. (Hopkins)

Brittany Apartments

Uptown West Apartments

1321 Division St

Era on Excelsior

Westwood Gardens

Rhode Island Chateau Apartments

Westwood Chateau Apartments

Park Point Apartments I
Elmwood - One of the Best Affordable Neighborhoods in Minneapolis
Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!

Second Street Station

The Edge of Uptown

3544 Aquila Cir

Knollwood Towers West Apartments

Park Trails Apartments

Park Embassy

Creekwood Estates

Park Flats Apartments

Colonial Terrace

Zelia on Seven
Elmwood, Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Elmwood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Elmwood Studio Apartments | $1,534 | $925 | $3,055 |
Elmwood 1 Bedroom Apartments | $1,857 | $895 | $8,840 |
Elmwood 2 Bedroom Apartments | $2,855 | $1,250 | $10,000+ |
Elmwood 3 Bedroom Apartments | $2,955 | $1,585 | $5,020 |
Elmwood 4 Bedroom Apartments | $2,395 | $2,395 | $2,395 |
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Elmwood, Minneapolis, MN Local Guide
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Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Frequently Asked Questions about Cheap Elmwood Apartments
What is the Cheapest Studio apartment in Elmwood?
Currently the most affordable Cheap Studio Apartment in Elmwood is at Q-2 listed at $979.
How much is rent for a Cheap One Bedroom Elmwood Apartment?
The lowest price for a Cheap One Bedroom Elmwood Apartment is $979 at Q-2.
What is the lowest price for a Cheap Two Bedroom Elmwood Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Elmwood is starting from $979 at Q-2.
What is the most affordable Elmwood Three Bedroom Apartment?
The best deal on a cheap Elmwood Three Bedroom Apartment rental is at Q-2 and starts from $979.
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.

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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.