Cheap Apartments for Rent in Elk River, MN from $800 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in Elk River.

Elk River Lodge and Apartments

River Garden Apartments

Elk Ridge Lodge

Jackson Hills

Ridgewood Manor Partnership

Elk Crossing Apartments

11755 191 1/2 Ave NW, Unit #204
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Elk River, MN Local Guide

How much does it cost to rent an apartment in Elk River?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Elk River Studio Apartments | $1,050 | $895 | $1,245 |
Elk River 1 Bedroom Apartments | $1,381 | $853 | $1,900 |
Elk River 2 Bedroom Apartments | $1,728 | $988 | $3,490 |
Elk River 3 Bedroom Apartments | $1,944 | $1,395 | $2,750 |
Elk River 4 Bedroom Apartments | $2,799 | $2,799 | $2,799 |
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Elk River, MN Local Guide
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Cheapest Neighborhoods for Apartments in Elk River, MN
Pricing Updated: 04/24/2025Current apartment rentals in the Elk River, MN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Elk River Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Twin Lakes Estates | $1,741 | $853 | 25 |
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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Pineview Apartments | 1 Bed, 1 bath | 1BR,1BA | $853 |
Elk River Lodge and Apartments | Studio | Studio,1BA | $895 |
River Garden Apartments | 1 Bedroom | 1BR,1BA | $953 |
Elk Ridge Lodge | One Bedroom | 1BR,1BA | $1,045 |
Jackson Hills | The Bunker - CONTACT FOR AVAILABILITY | Studio,1BA | $1,103 |
Best Value Apartments for Rent in Elk River, MN
As of April 24, 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 $1,860 with a $1.75 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Clear Sky | Freedom | 4BR,2BA | $1.33 |
Evans Meadows | Meadows | 2BR,2BA | $1.75 |
11755 191 1/2 Ave NW, Unit #204 | 11755 191 1/2 Ave NW | 2BR,1BA | $1.19 |
Elk Crossing Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.24 |
Dove Tree Apartments | 2 Bedroom 1 Bath B | 2BR,1BA | $1.68 |
Pineview Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.07 |
River Garden Apartments | 1 Bedroom | 1BR,1BA | $1.27 |
Ridgewood Manor Partnership | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.73 |
The Delta Apartments | Studio | Studio ,1BA | $1.96 |
Elk Ridge Lodge | One Bedroom | 1BR,1BA | $1.65 |
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Best Local Schools in Elk River, MN
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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
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 Elk River Apartments
What is a cheap apartment in Elk River?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Elk River is under $1,495.
What is the price of a cheap apartment in Elk River?
The cheapest apartment in Elk River is Pineview Apartments which is listed at $853, while the average apartment in Elk River costs $1,741.
What types of apartments are the cheapest in Elk River?
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 2 regular apartments in Elk River that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.