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$895
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Sep 1Total Monthly Price
Base Rent
$895
Total Monthly Price
$895
6216 W 34th St, Unit 1
6216 W 34th StMinneapolis, MN 55416
Cheap Apartments for Rent in the Elmwood Neighborhood of Minneapolis, MN from $600 (138 Rentals)
Search the lowest-cost Apartments available for rent right now in the Elmwood area of Minneapolis.
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$1,065 - $1,250
Total Monthly Price12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
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$1,065 - $1,250
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Portage Apartments
3146 W Bde Maka Ska BlvdMinneapolis, MN 55416
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$1,105 - $1,395
Plus Fees
1 to 2 Bedroom Apartments Available NowChowen Plaza Apartments
4425 Chowen Ave SMinneapolis, MN 55410
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$1,145 - $3,894
Plus Fees
Studio to 2 Bedroom Apartments Available NowAxon Green
3140 Chowen Ave SMinneapolis, MN 55416
3200 Virginia Ave S
MinneapolisMN55426
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$1,199
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available NowTotal Monthly Price
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$1,199
Total Monthly Price
$1,199
3701 West Lake St.
3701 W Lake StMinneapolis, MN 55416
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$1,200
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Jul 1Total Monthly Price
Base Rent
$1,200
Total Monthly Price
$1,200
5813 W 25 1/2 St, Unit Lower Level
5813 W 25 1/2 StMinneapolis, MN 55416
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$1,200 - $1,500
Plus Fees
Studio to 2 Bedroom Apartments Available NowAllegro
4440 Beard Ave SMinneapolis, MN 55410
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$1,215 - $2,035
Total Monthly Price
Studio to 2 Bedroom Apartments Available Jun 30Total Monthly Price
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$1,215 - $2,035
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$1,215 - $2,035
2920 Dean Parkway Apartments
2920 Dean PkyMinneapolis, MN 55416
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$1,260 - $1,660
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,195 - $1,595
Required Monthly Fees
$65
Total Monthly Price
$1,260 - $1,660
Lake West on France
3028 Ewing Ave SMinneapolis, MN 55416
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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$1,299 - $1,550
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,299 - $1,550
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$1,299 - $1,550
Overlook on 100
2524 Highway 100 SMinneapolis, MN 55416
3004 Ottawa Ave S
MinneapolisMN55416
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$1,305 - $1,425
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,225 - $1,345
Required Monthly Fees
$80
Total Monthly Price
$1,305 - $1,425
Fulton Terrace
2915 W 50th StMinneapolis, MN 55410
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$1,373 - $3,753
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,365 - $3,745
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Marbella on Dean
3036 W Lake StMinneapolis, MN 55416
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$1,400
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Jul 1Total Monthly Price
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$1,400
Total Monthly Price
$1,400
4336 York Ave S, Unit 3
4336 York Ave SMinneapolis, MN 55410
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$1,414 - $4,529
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,410 - $4,525
Required Monthly Fees
$4
Total Monthly Price
$1,414 - $4,529
Be @ Axon Green
3144 Chowen Ave SMinneapolis, MN 55416
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Rent Specials
$1,454 - $4,499
Plus Fees
Studio to 3 Bedroom Apartments Available NowFoundry Lake Street
3118 West Lake StMinneapolis, MN 55416
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$1,461
Total Monthly Price
2 Bedroom Apartments Available Jul 10Total Monthly Price
Base Rent
$1,439
Required Monthly Fees
$22
Total Monthly Price
$1,461
Lake Harriet Commons
4416 S Chowen AveMinneapolis, MN 55410
3600 Pennsylvania Ave S
MinneapolisMN55426
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$1,513 - $2,943
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,505 - $2,935
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The Gateway at West Lake Quarter
3430 List PlMinneapolis, MN 55416
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
8724 Minnetonka Blvd
MinneapolisMN55426
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$1,555 - $2,967
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,490 - $2,902
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Volo at Texa Tonka
7920 Minnetonka blvdMinneapolis, MN 55426
8724 Minnetonka Blvd
MinneapolisMN55426
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$1,595 - $4,818
Plus Fees
1 to 2 Bedroom Apartments Contact Us For AvailabilityLinden Flats
4418-4422 Beard AveMinneapolis, MN 55410
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1 Bedroom Apartments
2932 Drew Ave S
2932 Drew Ave SMinneapolis, MN 55416
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Studio to 1 Bedroom Apartments
Linden Hills | 2715
2715 43rd St WMinneapolis, MN 55410
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1 to 2 Bedroom Apartments
Park Point Apartments II
4320 Highway 7Minneapolis, MN 55416
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1 Bedroom Apartments
4351 Drew Ave
4351 Drew Ave SMinneapolis, MN 55410
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Studio to 2 Bedroom Apartments
Creek View
8817 W 35th StMinneapolis, MN 55426
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Studio to 2 Bedroom Apartments
Cove at Linden Hills
4261 Sheridan Ave SMinneapolis, MN 55410
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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1 to 2 Bedroom Apartments
Aquila Flats
8216 W 31st StMinneapolis, MN 55426
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Studio Apartments
Prox31
3823 W 31st StMinneapolis, MN 55416
3150 Excelsior Blvd
MinneapolisMN55416
2700 W 44th St
MinneapolisMN55410
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1 to 3 Bedroom Apartments
Arbor Court
3755 S Wooddale AveMinneapolis, MN 55416
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Studio to 1 Bedroom Apartments
Westwood Apartments
3720 W 32nd StMinneapolis, MN 55416
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Studio to 2 Bedroom Apartments
Greenway Commons
3811 W 31st StMinneapolis, MN 55416
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2 Bedroom Apartments
3815 Glendale Ter
3815 Glendale TerMinneapolis, MN 55410
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3 Bedroom Apartments
3128 Salem Ave
3128 Salem AveMinneapolis, MN 55416
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Studio to 2 Bedroom Apartments
The Mezz at West Lake Quarter
3050 Abbott AveMinneapolis, MN 55416
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.
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1 to 2 Bedroom Apartments
2817 Xerxes Ave S
2817 Xerxes Ave SMinneapolis, MN 55416
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Studio to 2 Bedroom Apartments
2905 & 2915 Dean Parkway
2905 Dean PkyMinneapolis, MN 55416
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1 to 2 Bedroom Apartments
2806 Xerxes Ave S
2806 Xerxes Ave SMinneapolis, MN 55416
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1 to 2 Bedroom Apartments
METRIC Apartments
3820 W 31st StMinneapolis, MN 55416
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1 to 2 Bedroom Apartments
Lake Harriet Condos
2700 W 44th StMinneapolis, MN 55410
4236 Upton Ave S
MinneapolisMN55410
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$925 - $1,850
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowBrittany Apartments
3127 S Highway 100St. Louis Park, MN 55416
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$942 - $1,072
Total Monthly Price
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
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$925 - $1,055
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Uptown West
3150 Raleigh AveSt. Louis Park, MN 55416
6412 Mendelssohn Ln
HopkinsMN55343
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$1,000 - $1,275
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowLynn Plaza Apartments
3612-3624 Lynn AveSt. Louis Park, MN 55416
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Elmwood, Minneapolis, MN Local Guide
Target Field
in Minneapolis by Flickr User: mulad is licensed under CC BY 2.0
How much does it cost to rent an apartment in Elmwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elmwood Studio Apartments | $1,407 | $925 | $1,998 |
| Elmwood 1 Bedroom Apartments | $1,726 | $895 | $5,670 |
| Elmwood 2 Bedroom Apartments | $2,626 | $1,250 | $10,000+ |
| Elmwood 3 Bedroom Apartments | $3,083 | $1,700 | $4,920 |
| Elmwood 4 Bedroom Apartments | $8,032 | $3,200 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 138 rentals with your search options within a 2 mile radius of the Elmwood Neighborhood of Minneapolis, MN.
See all Apartments in MinneapolisExplore Minneapolis
Elmwood, Minneapolis, MN Local Guide
- Nearby Minneapolis neighborhoods
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Cheapest Available Elmwood Apartments for Rent
The cheapest available apartment rental in the Elmwood area of Minneapolis, MN is a Studio unit found at Brittany Apartments priced from $925. Uptown West has the second lowest priced unit, which is a Studio apartment currently listed from $942. Here are the most affordable Elmwood apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Brittany Apartments | Studio | Studio,1BA | $925 |
| Uptown West | Uptown West - Studio (A) | Studio,1BA | $942 |
| Q2 | 1 Bedroom | 1BR,1BA | $995 |
| Lynn Plaza Apartments | Studio | 1BR,1BA | $1,000 |
| Hiawatha Court | 1 Bedroom | 1BR,1BA | $1,008 |
| 3551-3559 Huntington Ave S. | 1-BR | 1BR,1BA | $1,049 |
| Ramsgate | Oxford | 1BR,1BA | $1,075 |
| Portage Apartments | One Bedroom A Lower | 1BR,1BA | $1,075 |
| Aquila Apartments | 1 Bedroom | 1BR,1BA | $1,100 |
| 4351 Drew Ave | 1 Bedroom | 1BR,1BA | $1,100 |
Best Value Apartments for Rent in Elmwood, MN
As of June 20, 2026 the best value apartment in the Elmwood area is the $1.44 price per square foot 2912 France Ave S Model at 2912 France Ave S in the in the West Calhoun neighborhood starting from $1,875. The second greatest value Elmwood apartment is the Apollo Model at Edina Highland Villa starting at $1,650 with a $1.48 price per square foot in the Creekside neighborhood. Here is today’s list of the best values for Elmwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2912 France Ave S | 2912 France Ave S | 2BR,1BA | $1.44 |
| Edina Highland Villa | Apollo | 2BR,2BA | $1.48 |
| Westlake Estate Apartments | 2BD 1.5 BA - 3rd Floor | 2BR,1.5BA | $1.50 |
| Lake West on France | 2 Bed - 1 Bath | 2BR,1BA | $1.41 |
| Park Embassy | One Bedroom Extra Large Upgraded | 1BR,1BA | $1.42 |
| Aquila Flats | 2BR/1.0BA | 2BR,1BA | $1.32 |
| Park Villa Apartments | 2BR/1.0BA | 2BR,1BA | $1.52 |
| Ramsgate | Oxford | 1BR,1BA | $1.43 |
| Hiawatha Court | 1 Bedroom | 1BR,1BA | $1.50 |
| Q2 | 1 Bedroom | 1BR,1BA | $1.50 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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.
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Pet Friendly LifestyleElmwood, Minneapolis, MN
Ranked #41
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals in metropolitan areas across the United States, including Minneapolis. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, pet-friendly features, places that make kids happy, proximity to transit, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Elmwood Apartments
What is a cheap apartment in Elmwood?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Elmwood is under $1,100.
What is the price of a cheap apartment in Elmwood?
The cheapest apartment in Elmwood is Q2 which is listed at $995, while the average apartment in Elmwood costs $8,543.
What types of apartments are the cheapest in Elmwood?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 30 regular apartments in Elmwood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Elmwood?
Cheap apartments in Elmwood have an average cost of $133 which is $8,410 cheaper than the average rent for all rentals in Elmwood.
Expert Rental Resources
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.
Helpful Local Expert Guides
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.
Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.
Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.
Authentic Minneapolis: An Insiders Guide to Renting in the City of Lakes
Written by: Stephanie Lica
Hello from the Twin Cities! I’m Stephanie — your ApartmentHomeLiving.com Local Expert for Minneapolis. I’m here to give you the inside scoop on this frigid, yet fascinating city.
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Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.