
Cheap Homes for Rent in Eliot Neighborhood of Saint Louis Park, MN from $2,400 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Eliot area of Saint Louis Park.

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.

1640 Kentucky Ave S
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.
Eliot, St. Louis Park, MN Local Guide

How much does it cost to rent a home in Eliot?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Eliot 3 Bedroom Homes for Rent | $2,495 | $2,495 | $2,495 |
| Eliot 4 Bedroom Homes for Rent | $4,124 | $2,999 | $5,250 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the Eliot Neighborhood of Saint Louis Park, MN.
Explore Saint Louis Park
Best Value Apartments for Rent in Eliot, MN
As of May 17, 2026 the best value apartment in the Eliot area is the $1.42 price per square foot 2237 Hampshire Ave S Model at 2237 Hampshire Ave S, Unit 2 in the in the Elmwood neighborhood starting from $2,600. The second greatest value Eliot apartment is the The Quartz Model at Fine Living at Aquila Park & Royal Park starting at $1,516 with a $1.38 price per square foot in the Creekside neighborhood. Here is today’s list of the best values for Eliot apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2237 Hampshire Ave S, Unit 2 | 2237 Hampshire Ave S | 3BR,2BA | $1.42 |
| Fine Living at Aquila Park & Royal Park | The Quartz | 2BR,1BA | $1.38 |
| Shelard Village Apartments | The Loon | 2BR,1.5BA | $1.65 |
| Westwind Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.57 |
| CEDAR RIDGE APARTMENT HOMES | 1 w/balcony | 1BR,1BA | $1.54 |
| Idaho Park West | One bedroom, one bath | 1BR,1BA | $1.62 |
| 2700-2727 Rhode Island Ave S. (Rhode Island Chateau) | 1L | 1BR,1BA | $1.55 |
| Hampshire House | The Theodore | 1BR,1BA | $1.46 |
| Westwood Gardens | 1br | 1BR,1BA | $1.53 |
| 1210-1220 Cambridge St. (Hopkins) | 1b/L | 1BR,1BA | $1.59 |
Frequently Asked Questions about Eliot
What type of rentals are currently available in Eliot?
There are currently 60 Apartments for Rent in Eliot, MN with pricing that ranges from $1,031 to $7,553. There are also 3 Single Family Homes for rent, Condos, and Townhome rentals currently available in Eliot ranging from $2,495 to $5,250.
What is the current price range for Rental Homes in Eliot?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Eliot ranges from $2,495 to $5,250 with an average monthly rent of $3,309.
How much are larger Three and Four Bedroom Rentals in Eliot?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Eliot range from $2,095 to $5,888, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,495 to $2,495. Four Bedroom Single-Family rentals are also available starting from $2,999 and Four Bedroom Apartments start at $7,553.
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.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.