
Cheap Studio Apartments for Rent in the Elmwood Neighborhood of Minneapolis, MN from $925 (38 Rentals)


Axon Green

Allegro

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2920 Dean Parkway Apartments

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Marbella on Dean

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Be @ Axon Green

Foundry Lake Street

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Volo at Texa Tonka

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The Gateway at West Lake Quarter
Genius Ideas and Studio Layout Tips That Maximize Every Square Inch
Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

Cove at Linden Hills

Prox31

The Mezz at West Lake Quarter

Brittany Apartments

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Uptown West

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Fine Living at Aquila Park & Royal Park

Knollwood Towers West Apartments

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Minikahda Court Apartments

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Zelia on Seven
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

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Era on Excelsior

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Creekwood Estates

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Maison Green

The Edge of Uptown

Vernon Oaks Apartments

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Ellipse on Excelsior and E2

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Arrive 4301

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The Hallon

The Shoreham Apartments
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.

Urban Park I and II Apartments

Chorus Apartments

Louisiana Court Apartments

4020 31st St W

Erlmar Properties

Knollwood Towers East Apartments

Royal Park Apartments

Creek Point Apartments

Cambridge Towers Apartments
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Urban Park II Apartments

4800 Excelsior
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 | $1,407 | $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+ |
Explore Minneapolis
Elmwood, Minneapolis, MN Local Guide
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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.
Read ArticleEnjoy 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.
Read ArticleQuick 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.
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
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 Brittany Apartments which is listed at $925, 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

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