
Cheap Apartments for Rent in the Elmwood Neighborhood of Minneapolis, MN from $600 (108 Rentals)
Search the lowest-cost Apartments available for rent right now in the Elmwood area of Minneapolis.


Portage Apartments

Courtyard

Lake West on France

Axon Green

3701 Lake St

2920 Dean Parkway Apartments

8801 W 35th St

Allegro

Dean Terrace Apartments

4445 Chowen Ave S

3144 W Bde Maka Ska Blvd

Volo at Texa Tonka

Marbella on Dean

Foundry Lake Street

5016 Xerxes Ave S

Lake Harriet Commons

Be @ Axon Green

Uptown West Apartments

Brittany Apartments

Hiawatha Court

1210-1220 Cambridge St. (Hopkins)

Fine Living at Aquila Park & Royal Park

Colonial Terrace

Park Trails Apartments

Knollwood Towers West Apartments

Lynn Plaza

Era on Excelsior

Creekwood Estates

Park Flats Apartments

Rhode Island Chateau Apartments

Westwood Gardens

Minikahda Court Apartments

Park Point Apartments I
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 | $1,558 | $925 | $2,870 |
Elmwood 1 Bedroom Apartments | $1,829 | $990 | $7,455 |
Elmwood 2 Bedroom Apartments | $2,898 | $1,250 | $10,000+ |
Elmwood 3 Bedroom Apartments | $2,808 | $1,585 | $6,130 |
Browse Apartments in this Neighborhood
There are currently 108 rentals with your search options within a 2 mile radius of the Elmwood Neighborhood of Minneapolis, MN.
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Elmwood, Minneapolis, MN Local Guide
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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. 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Brittany Apartments | Studio | Studio,1BA | $925 |
Ramsgate | Oxford | 1BR,1BA | $950 |
Hiawatha Court | 1 Bedroom | 1BR,1BA | $995 |
1210-1220 Cambridge St. (Hopkins) | 1b | 1BR,1BA | $999 |
Q2 | 1 Bedroom | 1BR,1BA | $999 |
Fine Living at Aquila Park & Royal Park | The Opal | Studio,1BA | $1,020 |
Colonial Terrace | Studio | Studio,1BA | $1,049 |
Park Trails Apartments | Studio | Studio,1BA | $1,059 |
Lynn Plaza | 1 Bed 1 Bath | 1BR,1BA | $1,095 |
3701 Lake St | One Bedroom | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
2824 Texas Ave S, Unit 2824 Texas Ave So | 2824 Texas Ave S | 3BR,2BA | $1.30 |
Park Embassy | Two Bedroom | 2BR,2BA | $1.27 |
Villa Capri | 2 Bedroom 1.5 Bath Townhouse | 2BR,1.5BA | $1.44 |
Vernon Oaks Apartments | 2 Bedroom - B3 | 2BR,2BA | $1.46 |
Tamarind | 2 Bed/ 2 Bath | 2BR,2BA | $1.43 |
Knollwood Towers West Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.36 |
Joppa Lane | Joppa 1: Two Bedroom | 2BR,1.5BA | $1.42 |
Rhode Island Chateau Apartments | Two Bedroom | 1BR,1BA | $1.45 |
Ramsgate | Dover | 2BR,1BA | $1.39 |
Huntington Ave Apartments | 2 Bedroom June | 2BR,1BA | $1.47 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleElmwood, Minneapolis, MN
Ranked #43
Among neighborhoods in Minneapolis, MN 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 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.

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.