
Cheap 1 Bedroom Apartments for Rent in the Elmwood Neighborhood of Saint Louis Park, MN from $999 (38 Rentals)


Lynn Plaza

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Era on Excelsior

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Westwood Gardens

Park Point Properties

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2700-2727 Rhode Island Ave S. (Rhode Island Chateau)

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Colonial Terrace

Park Flats

Park Trails
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.

The Edge of Uptown

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Fine Living at Aquila Park & Royal Park

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Helix

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Minikahda Court Apartments

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Zelia on Seven

Somerset Oaks Apartments and Townhomes

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Verge

Parkway Place

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The Flats at West End
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.

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Hoigaard Village

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Cityscape

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Ellipse on Excelsior and E2

Arrive Inglewood Trails

Parkway Commons

4016 Utica Ave S

Erlmar Properties

6224 Hamilton St

1210-1220 Cambridge St. (Hopkins)
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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.

The Lorient

Knollwood Towers West Apartments

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3701 West Lake St.

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Second St. Station

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Overlook on 100

Axon Green

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The Bryn

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The Hallon

LakeHaus
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.

Altitude Residences

Arbor Court
Elmwood, St. Louis Park, MN Local Guide

How much does it cost to rent an apartment in Elmwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elmwood Studio Apartments | $1,472 | $1,031 | $2,211 |
Elmwood 1 Bedroom Apartments | $1,817 | $999 | $5,670 |
| Elmwood 2 Bedroom Apartments | $2,732 | $1,350 | $10,000+ |
| Elmwood 3 Bedroom Apartments | $4,404 | $2,265 | $10,000+ |
| Elmwood 4 Bedroom Apartments | $5,072 | $2,395 | $7,749 |
Explore Saint Louis Park
Elmwood, St. Louis Park, MN Local Guide
- Nearby Saint Louis Park neighborhoods
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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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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, Saint Louis Park, MN
Ranked #22
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 $1,174.
What is the price of a cheap apartment in Elmwood?
The cheapest apartment in Elmwood is 1210-1220 Cambridge St. (Hopkins) which is listed at $999, while the average apartment in Elmwood costs $5,072.
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 10 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 $108 which is $4,964 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.
Articles, How-To's, and Tips

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.