
Cheap Apartments for Rent in the Elmwood Neighborhood of Saint Louis Park, MN from $800 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in the Elmwood area of Saint Louis Park.


Total Monthly Price
Zelia on Seven

Colonial Terrace

Huntington Ave Apartments

Park Trails

Lynn Plaza

Park Flats Apartments

Total Monthly Price
Era on Excelsior
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.

Rhode Island Chateau Apartments

Park Point I

Westwood Gardens

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Minikahda Court Apartments

The Edge of Uptown

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Hoigaard Village

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Arrive 4301

Somerset Oaks Apartments and Townhomes
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.

Corsa

Arrive Inglewood Trails

Total Monthly Price
Helix

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Ellipse on Excelsior and E2

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Arrive St Louis Park

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Verge

The Quentin

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Cityscape
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.

1210-1220 Cambridge St. (Hopkins)

Knollwood Towers West Apartments

Axon Green

3701 Lake St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Second Street Station

Lake Harriet Commons

The Bryn

Marbella on Dean

The Gateway at West Lake Quarter

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The Hallon

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Foundry Lake Street

Altitude Residences
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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 | $1,475 | $1,030 | $2,185 |
| Elmwood 1 Bedroom Apartments | $1,739 | $999 | $3,175 |
| Elmwood 2 Bedroom Apartments | $2,531 | $1,250 | $6,932 |
| Elmwood 3 Bedroom Apartments | $3,360 | $2,265 | $5,695 |
Browse Apartments in this Neighborhood
There are currently 41 rentals with your search options within a 2 mile radius of the Elmwood Neighborhood of Saint Louis Park, MN.
See all Apartments in Saint Louis ParkExplore Saint Louis Park
Elmwood, St. Louis Park, MN Local Guide
- Nearby Saint Louis Park 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 St. Louis Park, MN is a Studio unit found at Zelia on Seven priced from $1,039. Colonial Terrace has the second lowest priced unit, which is a Studio apartment currently listed from $1,049. Here are the most affordable Elmwood apartments for rent in St. Louis Park, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Zelia on Seven | A1-50 - Income Restrictions Apply | Studio,1BA | $1,039 |
| Colonial Terrace | Studio | Studio,1BA | $1,049 |
| Huntington Ave Apartments | 1 Bedroom | 1BR,1BA | $1,049 |
| Park Trails | Studio | Studio,1BA | $1,059 |
| Lynn Plaza | 1 Bed 1 Bath | 1BR,1BA | $1,095 |
| Knollwood Towers West Apartments | Studio | Studio,1BA | $1,099 |
| Park Flats Apartments | 0BR/1.0BA | Studio,1BA | $1,099 |
| Era on Excelsior | Power | Studio,1BA | $1,124 |
| Rhode Island Chateau Apartments | One Bedroom | 1BR,1BA | $1,150 |
| 3701 Lake St | One Bedroom | 1BR,1BA | $1,150 |
Best Value Apartments for Rent in Elmwood, MN
As of November 29, 2025 the best value apartment in the Elmwood area is the $1.36 price per square foot The Quartz Model at Fine Living at Aquila Park & Royal Park in the in the Creekside neighborhood starting from $1,500. The second greatest value Elmwood apartment is the Two Bedroom Model at Rhode Island Chateau Apartments starting at $1,450 with a $1.45 price per square foot in the Elmwood 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. |
|---|---|---|---|
| Fine Living at Aquila Park & Royal Park | The Quartz | 2BR,1BA | $1.36 |
| Rhode Island Chateau Apartments | Two Bedroom | 1BR,1BA | $1.45 |
| Cityscape | 1C | 1BR,1BA | $1.78 |
| Lake Harriet Commons | 2 Bed 1 Bath 900 SF 1st Floor | 2BR,1BA | $1.44 |
| Huntington Ave Apartments | 2 Bedroom | 2BR,1BA | $1.47 |
| Arrive Inglewood Trails | Greenway | 1BR,1BA | $1.74 |
| 3701 Lake St | One Bedroom | 1BR,1BA | $1.48 |
| The Edge of Uptown | One Bedroom 11A | 1BR,1BA | $1.65 |
| Westwood Gardens | 1br | 1BR,1BA | $1.60 |
| Lynn Plaza | 1 Bed 1 Bath | 1BR,1BA | $1.80 |
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 ArticleThe 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.
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 #24
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Getting Around the Elmwood Neighborhood in Saint Louis Park, MN
Walk Score®
68 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
77 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
36 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Zelia on Seven listed at $1,039.
How much is rent for a Cheap One Bedroom Elmwood Apartment?
The lowest price for a Cheap One Bedroom Elmwood Apartment is $1,049 at Huntington Ave Apartments.
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 Zelia on Seven and starts from $2,479.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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.




