
Cheap Homes for Rent in Elbow Lake, MN from $600 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Elbow Lake.


180 1st St

401 Tower RdApt

815 Center St S

725 8th St N

520 NW 3rd St

301 7th Ave

310 20th Ave W

408 McKay SApt
Elbow Lake, MN Local Guide

How much does it cost to rent a home in Elbow Lake?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Elbow Lake 2 Bedroom Homes for Rent | $952 | $700 | $1,100 |
Elbow Lake 3 Bedroom Homes for Rent | $1,746 | $875 | $2,400 |
Elbow Lake 4 Bedroom Homes for Rent | $2,322 | $1,795 | $3,300 |
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Elbow Lake, MN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
806 W 5th St | Studio | Studio,1BA | $525 |
Prairie Park Fairmount Apartments | 2 Beds, 1 bath | 2BR,1BA | $545 |
Heritage Square | 1 Bed, 1 bath | 1BR,1BA | $575 |
Best Value Apartments for Rent in Elbow Lake, MN and Nearby
As of March 25, 2025 the best value apartment in the Elbow Lake area is the $1.10 price per square foot 3B2B Model at Pheasant Run Apartments in the starting from $1,325. The second greatest value Elbow Lake apartment is the 2 Bedroom 1 Bathroom Model at River Bluff Apartments starting at $940 with a $0.95 price per square foot . Here is today’s list of the best values for Elbow Lake apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Pheasant Run Apartments | 3B2B | 3BR,2BA | $1.10 |
River Bluff Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.95 |
Prairie Park Fairmount Apartments | 3 Beds, 1 bath | 3BR,1BA | $0.67 |
Westfield Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.32 |
Sunset Ridge Apartments | 2 Bed 2 Bath | 2BR,2BA | $1.15 |
Oak Knoll Complex | 2 Bed | 2BR,1BA | $1.03 |
Colonial Village Apartments | Colonial: 2 Bedroom Apt | 2BR,1BA | $1.21 |
Bridgewater Estates | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.60 |
Southview Apartments | 2 Bed/1 Bath | 2BR,1BA | $0.93 |
Riverside | 911 studios | Studio ,1BA | $1.54 |
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Frequently Asked Questions about Elbow Lake
What type of rentals are currently available in Elbow Lake?
There are currently 48 Apartments for Rent in Elbow Lake, MN with pricing that ranges from $545 to $2,170. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elbow Lake ranging from $650 to $3,300.
What is the current price range for Rental Homes in Elbow Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Elbow Lake ranges from $650 to $3,300 with an average monthly rent of $1,318.
How much are larger Three and Four Bedroom Rentals in Elbow Lake?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Elbow Lake range from $650 to $1,815, while Three Bedroom Homes, Condos, and Townhomes for rent range from $875 to $2,400. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $1,220.
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.

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.

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.

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.

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.