Cheap Apartments for Rent in the Elmwood Neighborhood of Minneapolis, MN from $600 (108 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Elmwood area of Minneapolis.

property at 8801 W 35th St

8801 W 35th St

MinneapolisMN55426
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2932 Drew Ave S
1 Bedroom Apartments

2932 Drew Ave S

2932 Drew Ave SMinneapolis, MN 55416
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Linden Hills | 2715
Studio to 1 Bedroom Apartments

Linden Hills | 2715

2715 43rd St WMinneapolis, MN 55410
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2806 Xerxes Ave S
1 Bedroom Apartments

2806 Xerxes Ave S

2806 Xerxes Ave SMinneapolis, MN 55416
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Chowen Plaza Apartments
1 to 2 Bedroom Apartments

Chowen Plaza Apartments

4425 Chowen Ave SMinneapolis, MN 55410
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Linden Hills- 2716
1 Bedroom Apartments

Linden Hills- 2716

2716 W 44th StMinneapolis, MN 55410
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4351 Drew Ave
1 Bedroom Apartments

4351 Drew Ave

4351 Drew Ave SMinneapolis, MN 55410
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Prox31
Studio Apartments

Prox31

3823 W 31st StMinneapolis, MN 55416
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Greenway Commons
1 Bedroom Apartments

Greenway Commons

3811 W 31st StMinneapolis, MN 55416
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3815 Glendale Ter
2 Bedroom Apartments

3815 Glendale Ter

3815 Glendale TerMinneapolis, MN 55410
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3128 Salem Ave
3 Bedroom Apartments

3128 Salem Ave

3128 Salem AveMinneapolis, MN 55416

Elmwood, Minneapolis, MN Local Guide

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. Ramsgate has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Elmwood apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Brittany ApartmentsStudioStudio,1BA$925
RamsgateOxford1BR,1BA$950
Hiawatha Court1 Bedroom1BR,1BA$995
1210-1220 Cambridge St. (Hopkins)1b1BR,1BA$999
Q21 Bedroom1BR,1BA$999
Fine Living at Aquila Park & Royal ParkThe OpalStudio,1BA$1,020
Colonial TerraceStudioStudio,1BA$1,049
Park Trails ApartmentsStudioStudio,1BA$1,059
Lynn Plaza1 Bed 1 Bath1BR,1BA$1,095
3701 Lake StOne Bedroom1BR,1BA$1,150

Best Value Apartments for Rent in Elmwood, MN

As of June 27, 2025 the best value apartment in the Elmwood area is the $1.30 price per square foot 2824 Texas Ave S Model at 2824 Texas Ave S, Unit 2824 Texas Ave So in the in the Creekside neighborhood starting from $2,149. The second greatest value Elmwood apartment is the Two Bedroom Model at Park Embassy starting at $1,525 with a $1.27 price per square foot in the West Calhoun neighborhood. Here is today’s list of the best values for Elmwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2824 Texas Ave S, Unit 2824 Texas Ave So2824 Texas Ave S3BR,2BA$1.30
Park EmbassyTwo Bedroom2BR,2BA$1.27
Villa Capri2 Bedroom 1.5 Bath Townhouse2BR,1.5BA$1.44
Vernon Oaks Apartments2 Bedroom - B32BR,2BA$1.46
Tamarind2 Bed/ 2 Bath2BR,2BA$1.43
Knollwood Towers West Apartments2 Bedroom 1 Bathroom2BR,1BA$1.36
Joppa LaneJoppa 1: Two Bedroom2BR,1.5BA$1.42
Rhode Island Chateau ApartmentsTwo Bedroom1BR,1BA$1.45
RamsgateDover2BR,1BA$1.39
Huntington Ave Apartments2 Bedroom June2BR,1BA$1.47

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Elmwood, Minneapolis, MN

Ranked #43

Among neighborhoods in Minneapolis, MN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 the Cheapest Studio apartment in Elmwood?

Currently the most affordable Cheap Studio Apartment in Elmwood is at Brittany Apartments listed at $925.

How much is rent for a Cheap One Bedroom Elmwood Apartment?

The lowest price for a Cheap One Bedroom Elmwood Apartment is $950 at Ramsgate.

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 $1,220 at Ramsgate.

What is the most affordable Elmwood Three Bedroom Apartment?

The best deal on a cheap Elmwood Three Bedroom Apartment rental is at Helix and starts from $2,699.

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.

decorative image for A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis article

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.

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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.