Cheap Apartments for Rent in Elk River, MN from $800 (9 Rentals)

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Search the lowest-cost Apartments available for rent right now in Elk River.

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Elk Ridge Manor
1 to 3 Bedroom Apartments

Elk Ridge Manor

847 Freeport Ave NWElk River, MN 55330
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Elk Ridges Estates
2 Bedroom Apartments

Elk Ridges Estates

11755 191 1/2 Ave NWElk River, MN 55330
  • Utilities Included
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Jackson Place
1 Bedroom Apartments

Jackson Place

316 Jackson Ave NWElk River, MN 55330
  • Utilities Included

Elk River, MN Local Guide

Cheapest Available Elk River Apartments for Rent

 

The cheapest available apartment rental in Elk River, MN is a 1 Bed unit found at Pineview Apartments in the Twin Lakes Estates neighborhood priced from $853. Elk River Lodge and Apartments in the Clemens Munsinger Gardens neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here is today’s list of the most affordable Elk River apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Pineview Apartments1 Bed, 1 bath1BR,1BA$853
Elk River Lodge and ApartmentsStudioStudio,1BA$895
River Garden Apartments1 Bedroom1BR,1BA$953

Best Value Apartments for Rent in Elk River, MN

As of March 26, 2025 the best value apartment in the Elk River area is the $1.33 price per square foot Freedom Model at Clear Sky in the in the Clemens Munsinger Gardens neighborhood starting from $1,987. The second greatest value Elk River apartment is the Meadows Model at Evans Meadows starting at $1,790 with a $1.68 price per square foot in the Twin Lakes Estates neighborhood. Here is today’s list of the best values for Elk River apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Clear SkyFreedom4BR,2BA$1.33
Evans MeadowsMeadows2BR,2BA$1.68
Lions Park ApartmentsTwo Bedroom/ One Bedroom2BR,1BA$1.41
Dove Tree Apartments2 Bedroom 1 Bath B2BR,1BA$1.68
Pineview Apartments1 Bed, 1 bath1BR,1BA$1.07
Elk Crossing Apartments1 Bed, 1 bath1BR,1BA$1.57
River Garden Apartments1 Bedroom1BR,1BA$1.27
Ridgewood Manor Partnership1 Bedroom 1 Bathroom1BR,1BA$1.69
The Delta ApartmentsStudioStudio ,1BA$1.96
Jackson HillsThe Bunker - CONTACT FOR AVAILABILITYStudio ,1BA$2.13

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Explore Elk River, MN Rentals by Map

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Getting Around Elk River, MN

Walk Score®

33 / 100

Car-Dependent

Most errands require a car

Bike Score®

37 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Elk River Apartments

What is the Cheapest Studio apartment in Elk River?

Currently the most affordable Cheap Studio Apartment in Elk River is at Elk River Lodge and Apartments listed at $895.

How much is rent for a Cheap One Bedroom Elk River Apartment?

The lowest price for a Cheap One Bedroom Elk River Apartment is $853 at Pineview Apartments.

What is the lowest price for a Cheap Two Bedroom Elk River Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Elk River is starting from $988 at Pineview Apartments.

What is the most affordable Elk River Three Bedroom Apartment?

The best deal on a cheap Elk River Three Bedroom Apartment rental is at Jackson Hills and starts from $1,741.

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.