Cheap Apartments for Rent in Elbow Lake, MN from $500 (32 Rentals)

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Search the lowest-cost Apartments available for rent right now in Elbow Lake.

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Elmwood Terrace
2 Bedroom Apartments

Elmwood Terrace

17 5th Ave NEElbow Lake, MN 56531
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Elbow Lake Apartments
1 to 2 Bedroom Apartments

Elbow Lake Apartments

111 1st St NEElbow Lake, MN 56531
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Goldenwood
1 Bedroom Apartments

Goldenwood

1145 Friberg AveFergus Falls, MN 56537
Senior Living
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Carolina Village
2 Bedroom Apartments

Carolina Village

511 Carolina AveHoffman, MN 56339
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Page House
1 Bedroom Apartments

Page House

221 E Cavour AveFergus Falls, MN 56537
Senior Living
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Silverleaf Apartments
1 Bedroom Apartments

Silverleaf Apartments

124 E Summit AveFergus Falls, MN 56537
Senior Living
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305 N Clayborn Ave
1 Bedroom Apartments

305 N Clayborn Ave

305 N Clayborn AveParkers Prairie, MN 56361
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Del Rose Apartments
2 Bedroom Apartments

Del Rose Apartments

504 3rd Ave NWahpeton, ND 58075
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Aspen Green II
1 to 2 Bedroom Apartments

Aspen Green II

720 Melody LnFergus Falls, MN 56537
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Elbow Lake, MN Local Guide

Cheapest Available Elbow Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elbow Lake, MN is a Studio unit found at 806 W 5th St priced from $525. Prairie Park Fairmount Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $545. Here is today’s list of the most affordable Elbow Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
806 W 5th StStudioStudio,1BA$525
Prairie Park Fairmount Apartments2 Beds, 1 bath2BR,1BA$545
Heritage Square1 Bed, 1 bath1BR,1BA$575
Southview Apartments2 Bed/1 Bath2BR,1BA$650
Spruce Place Apartments2 Bedroom | Spruce Place2BR,1BA$720
Natures Edge Partners LLC2B1B Subsidy2BR,1BA$846
10th Avenue Apartments1880 - 1BD/1BA1BR,1BA$910
Colonial Village ApartmentsColonial: 2 Bedroom Apt2BR,1BA$920
Oak Knoll Complex2 Bed2BR,1BA$925
Sunset Ridge Apartments1 bed 1 bath1BR,1BA$940

Best Value Apartments for Rent in Elbow Lake, MN and Nearby

As of April 09, 2025 the best value apartment in the Elbow Lake area is the $1.06 price per square foot 3 Bedroom 2 Bathroom Model at The Legacy of Alexandria in the starting from $1,555. The second greatest value Elbow Lake apartment is the 3B2B Model at Pheasant Run Apartments starting at $1,325 with a $1.10 price per square foot . Here is today’s list of the best values for Elbow Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Legacy of Alexandria3 Bedroom 2 Bathroom3BR,2BA$1.06
Pheasant Run Apartments3B2B3BR,2BA$1.10
Prairie Park Fairmount Apartments3 Beds, 1 bath3BR,1BA$0.67
Sunset Ridge Apartments1 bed 1 bath1BR,1BA$0.98
Oak Knoll Complex2 Bed2BR,1BA$1.03
Cardinal Estates2 Bedroom 1 Bathroom2BR,1BA$1.06
Colonial Village ApartmentsColonial: 2 Bedroom Apt2BR,1BA$1.08
Spruce Place Apartments2 Bedroom | Spruce Place2BR,1BA$1.00
Southview Apartments2 Bed/1 Bath2BR,1BA$0.93
Natures Edge Partners LLC2B1B Subsidy2BR,1BA$1.37

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Elbow Lake, MN Rentals by Map

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Getting Around Elbow Lake, MN

Walk Score®

31 / 100

Car-Dependent

Most errands require a car

Bike Score®

34 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Elbow Lake Apartments

What is the Cheapest Studio apartment in Elbow Lake?

Currently the most affordable Cheap Studio Apartment in Elbow Lake is at 806 W 5th St listed at $525.

How much is rent for a Cheap One Bedroom Elbow Lake Apartment?

The lowest price for a Cheap One Bedroom Elbow Lake Apartment is $575 at Heritage Square.

What is the lowest price for a Cheap Two Bedroom Elbow Lake Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Elbow Lake is starting from $545 at Prairie Park Fairmount Apartments.

What is the most affordable Elbow Lake Three Bedroom Apartment?

The best deal on a cheap Elbow Lake Three Bedroom Apartment rental is at Prairie Park Fairmount Apartments and starts from $650.

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.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.