
Cheap 2 Bedroom Apartments for Rent in the Elmwood Neighborhood of Minneapolis, MN from $1,250 (48 Rentals)


Lake Harriet Commons

Courtyard

Dean Terrace Apartments

Allegro
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.

Huntington Ave Apartments

Knollwood Estates

Westwood Gardens

Fine Living at Aquila Park & Royal Park

Westwood Chateau Apartments

Park Trails Apartments

Copper Stone Apartments

Creekwood Estates
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.

6211 Hamilton St

Park Flats Apartments

Minikahda Court Apartments

Colonial Terrace

Knollwood Towers West Apartments

Westlake Estate Apartments

Brittany Apartments

Park Embassy

The Edge of Uptown

Edina Highland Villa
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.
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!
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 |
Explore Minneapolis
Elmwood, Minneapolis, MN Local Guide
- Nearby Minneapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Knollwood Estates listed at $1,250.
How much is rent for a Cheap One Bedroom Elmwood Apartment?
The lowest price for a Cheap One Bedroom Elmwood Apartment is $1,250 at Knollwood Estates.
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 $1,250 at Knollwood Estates.
What is the most affordable Elmwood Three Bedroom Apartment?
The best deal on a cheap Elmwood Three Bedroom Apartment rental is at Knollwood Estates and starts from $1,250.
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.