close
View Me
$975
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Now2932 Drew Ave S
2932 Drew Ave SMinneapolis, MN 55416
Cheap Apartments for Rent in the Elmwood Neighborhood of Minneapolis, MN from $600 (115 Rentals)
Search the lowest-cost Apartments available for rent right now in the Elmwood area of Minneapolis.
close
View Me
Rent Specials
$1,042 - $3,729
Plus Fees
Studio to 2 Bedroom Apartments Available NowAxon Green
3140 Chowen Ave SMinneapolis, MN 55416
close
View Me
Rent Specials
$1,065 - $1,790
Plus Fees
1 to 2 Bedroom Apartments Available NowCourtyard
2524 Highway 100 SMinneapolis, MN 55416
close
View Me
$1,065 - $1,250
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowPortage Apartments
3146 W Bde Maka Ska BlvdMinneapolis, MN 55416
8801 W 35th St
MinneapolisMN55426
2235 Quebec Ave S
MinneapolisMN55426
close
View Me
$1,150 - $1,200
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Now3701 Lake St
3701 W Lake StMinneapolis, MN 55416
close
View Me
$1,190 - $1,460
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,125 - $1,395
Required Monthly Fees
$65
Total Monthly Price
$1,190 - $1,460
Lake West on France
3028 Ewing Ave SMinneapolis, MN 55416
close
View Me
$1,200 - $1,500
Plus Fees
Studio to 2 Bedroom Apartments Available NowAllegro
4440 Beard Ave SMinneapolis, MN 55410
close
View Me
Rent Specials
$1,205 - $2,025
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,205 - $2,025
Total Monthly Price
$1,205 - $2,025
2920 Dean Parkway Apartments
2920 Dean PkyMinneapolis, MN 55416
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.
close
View Me
$1,275
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$1,195
Required Monthly Fees
$80
Total Monthly Price
$1,275
Fulton Terrace
2915 W 50th StMinneapolis, MN 55410
close
View Me
$1,283 - $2,695
Plus Fees
Studio to 2 Bedroom Apartments Available NowVolo at Texa Tonka
7920 Minnetonka blvdMinneapolis, MN 55426
close
View Me
$1,295
Plus Fees
2 Bedroom Apartments Available NowLake Harriet Commons
4416 S Chowen AveMinneapolis, MN 55410
3063 Virginia Ave S
MinneapolisMN55426
close
View Me
$1,345 - $3,345
Plus Fees
Studio to 2 Bedroom Apartments Available NowMarbella on Dean
3036 W Lake StMinneapolis, MN 55416
close
View Me
Rent Specials
$1,362 - $3,344
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,337 - $3,319
Required Monthly Fees
$25
Total Monthly Price
$1,362 - $3,344
Foundry Lake Street
3118 West Lake StMinneapolis, MN 55416
close
View Me
Rent Specials
$1,464 - $4,474
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,460 - $4,470
Required Monthly Fees
$4
Total Monthly Price
$1,464 - $4,474
Be @ Axon Green
3144 Chowen Ave SMinneapolis, MN 55416
close
View Me
$1,495 - $3,295
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Gateway at West Lake Quarter
3430 List PlMinneapolis, MN 55416
close
View Me
Rent Specials
$1,575 - $1,695
Plus Fees
1 Bedroom Apartments Available NowLinden Flats in Linden Hills
4418-4422 Beard AveMinneapolis, MN 55410
close
View Me
$1,585 - $3,415
Plus Fees
1 to 2 Bedroom Apartments Available NowLakeHaus
3100 W Lake StMinneapolis, 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.
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Studio to 2 Bedroom Apartments
Creek View Apartment Homes 8817 w 35th st.
8817 W 35th StMinneapolis, MN 55426
close
View Me
close
View Me
close
View Me
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.
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
$925 - $1,600
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowBrittany Apartments
3127 S Highway 100St. Louis Park, MN 55416
close
View Me
$936 - $1,066
Total Monthly Price
Studio to 1 Bedroom Apartments Available Nov 1Total Monthly Price
Base Rent
$925 - $1,055
Required Monthly Fees
$11
Total Monthly Price
$936 - $1,066
Uptown West Apartments
3150 Raleigh AveSt. Louis Park, MN 55416
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
close
View Me
$985 - $1,475
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowBoulevard 100 Apartments
3000 S Highway 100St. Louis Park, MN 55416
close
View Me
$999
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Now1210-1220 Cambridge St. (Hopkins)
1210-1220 Cambridge StHopkins, MN 55343
close
View Me
$1,000
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Nov 1Park Villa Apartments
4320 36 1/2 StSt. Louis Park, MN 55416
close
View Me
Rent Specials
$1,000 - $1,610
Total Monthly Price6 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$995 - $1,605
Required Monthly Fees
$5
Total Monthly Price
$1,000 - $1,610
Fine Living at Aquila Park & Royal Park
8224 W 30 1/2 StSt. Louis Park, MN 55426
close
View Me
Rent Specials
$1,007 - $1,137
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$995 - $1,125
Required Monthly Fees
$12
Total Monthly Price
$1,007 - $1,137
Hiawatha Court
1120 Hiawatha AveHopkins, MN 55343
close
View Me
Rent Specials
$1,034 - $4,709
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,030 - $4,705
Required Monthly Fees
$4
Total Monthly Price
$1,034 - $4,709
Zelia on Seven
5855 Highway 7St. Louis Park, MN 55416
close
View Me
Rent Specials
$1,039 - $3,374
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,035 - $3,370
Required Monthly Fees
$4
Total Monthly Price
$1,039 - $3,374
Era on Excelsior
6922 Meadowbrook BlvdSt. Louis Park, MN 55426
close
View Me
Rent Specials
$1,049 - $1,499
Plus Fees
Studio to 2 Bedroom Apartments Available NowColonial Terrace
5621-5635 Minnetonka BlvdSt. Louis Park, MN 55416
close
View Me
$1,049 - $1,350
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowHuntington Ave Apartments
3551-3559 Huntington Ave SSt. Louis Park, MN 55416
close
View Me
Rent Specials
$1,059 - $1,519
Plus Fees
Studio to 2 Bedroom Apartments Available NowPark Trails
4531 W 36 1/2 StSt. Louis Park, MN 55416
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.
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 | $1,333 | $925 | $1,771 |
| Elmwood 1 Bedroom Apartments | $1,694 | $975 | $5,670 |
| Elmwood 2 Bedroom Apartments | $2,642 | $1,250 | $10,000+ |
| Elmwood 3 Bedroom Apartments | $2,769 | $1,585 | $5,571 |
| Elmwood 4 Bedroom Apartments | $2,699 | $2,699 | $2,699 |
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 115 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
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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. 2932 Drew Ave S has the second lowest priced unit, which is a 1 Bed apartment currently listed from $975. 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 |
| 2932 Drew Ave S | 1 Bedroom | 1BR,1BA | $975 |
| Calhoun Beach Apartments | 1BR/1.0BA | 1BR,1BA | $995 |
| 1210-1220 Cambridge St. (Hopkins) | 1BR Renovated | 1BR,1BA | $999 |
| Q2 | 1 Bedroom | 1BR,1BA | $1,000 |
| Boulevard 100 Apartments | Cedar | Studio,1BA | $1,005 |
| Hiawatha Court | 1 Bedroom | 1BR,1BA | $1,007 |
| Huntington Ave Apartments | 1 Bedroom | 1BR,1BA | $1,049 |
| Colonial Terrace | Studio | Studio,1BA | $1,049 |
| Park Trails | Studio | Studio,1BA | $1,059 |
Best Value Apartments for Rent in Elmwood, MN
As of October 13, 2025 the best value apartment in the Elmwood area is the $1.30 price per square foot Two Bedroom Model at Park Embassy in the in the West Calhoun neighborhood starting from $1,555. The second greatest value Elmwood apartment is the 2 Bedroom 1.5 Bath Townhouse Model at Villa Capri starting at $1,725 with a $1.44 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. |
|---|---|---|---|
| Park Embassy | Two Bedroom | 2BR,2BA | $1.30 |
| Villa Capri | 2 Bedroom 1.5 Bath Townhouse | 2BR,1.5BA | $1.44 |
| 2920 Dean Parkway Apartments | The Benton | 1BR,1BA | $1.20 |
| Rhode Island Chateau Apartments | Two Bedroom | 1BR,1BA | $1.45 |
| CMM Aquila Flats 8216 W 31st St. | 2BR/1.0BA | 2BR,1BA | $1.26 |
| Knollwood Estates | 2 Bedroom | 2BR,1BA | $1.41 |
| Lake Harriet Commons | 2 Bed 1 Bath 900 SF, 2/3 floors | 2BR,1BA | $1.44 |
| Huntington Ave Apartments | 2 Bedroom | 2BR,1BA | $1.47 |
| 2932 Drew Ave S | 1 Bedroom | 1BR,1BA | $1.22 |
| Calhoun Beach Apartments | 1BR/1.0BA | 1BR,1BA | $1.44 |
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.
Let everyone know!
Do you know the Elmwood area?
If you’re an expert on all things Elmwood, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleElmwood, Minneapolis, MN
Ranked #40
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 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 $975 at 2932 Drew Ave S.
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 Huntington Ave Apartments.
What is the most affordable Elmwood Three Bedroom Apartment?
The best deal on a cheap Elmwood Three Bedroom Apartment rental is at Edina Highland Villa and starts from $2,380.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.