9225 Orchard Cir
MonticelloMN55362
Cheap Homes for Rent in Elk River, MN from $1,700 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Elk River.
12634 Pond View Rd
ZimmermanMN55398
23345 Yucca St NW
St FrancisMN55070
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.
7619 Palisades Ave NE
Elk RiverMN55330
15398 Radium St NW
RamseyMN55303
26006 9th St W
ZimmermanMN55398
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
6367 River Mill Dr
MonticelloMN55362
11532 Alpine Dr
MonticelloMN55362
12037 Fremont Ln
ZimmermanMN55398
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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Elk River, MN Local Guide
Main Street in Elk River by 123dieinafire is licensed under CCO 1.0
How much does it cost to rent a home in Elk River?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elk River 2 Bedroom Homes for Rent | $1,985 | $1,750 | $2,200 |
| Elk River 3 Bedroom Homes for Rent | $2,506 | $1,825 | $3,250 |
| Elk River 4 Bedroom Homes for Rent | $2,808 | $2,200 | $3,600 |
| Elk River 5 Bedroom Homes for Rent | $2,865 | $2,100 | $3,349 |
Browse Top Homes for Rent in Elk River
Explore Elk River
Elk River, MN Local Guide
- Elk River Neighborhoods
- Nearby Cities
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- School Districts
Cheapest Neighborhoods for Apartments in Elk River, MN
Pricing Updated: 05/17/2025Current 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 | $2,390 | $853 | 21 |
Cheapest Available Elk River Apartments for Rent and Nearby
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 |
| Elk Ridge Lodge | One Bedroom | 1BR,1BA | $1,045 |
Best Value Apartments for Rent in Elk River, MN and Nearby
As of May 17, 2025 the best value apartment in the Elk River area is the $1.73 price per square foot 2 Bed / 2 Bath + Den Model at The Village of Otsego in the in the River Pointe neighborhood starting from $2,195. The second greatest value Elk River apartment is the 2 Beds, 1 bath Model at Elk Crossing Apartments starting at $1,295 with a $1.25 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. |
|---|---|---|---|
| The Village of Otsego | 2 Bed / 2 Bath + Den | 2BR,2BA | $1.73 |
| Elk Crossing Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.25 |
| 11755 191 1/2 Ave NW, Unit #204 | 11755 191 1/2 Ave NW | 2BR,1BA | $1.19 |
| Ridgewood Manor Partnership | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.25 |
| Clear Sky | First Light | 2BR,1BA | $1.61 |
| Pineview Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.07 |
| The Delta Apartments | 1 bed 1 bath | 1BR,1BA | $1.92 |
| Elk Ridge Lodge | One Bedroom | 1BR,1BA | $1.65 |
| Jackson Hills | The Bunker - CONTACT FOR AVAILABILITY | Studio ,1BA | $2.19 |
| Elk River Lodge and Apartments | Studio With Kitchennette | Studio ,1BA | $2.91 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Elk River
What type of rentals are currently available in Elk River?
There are currently 45 Apartments for Rent in Elk River, MN with pricing that ranges from $853 to $4,465. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elk River ranging from $1,750 to $3,600.
What is the current price range for Rental Homes in Elk River?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Elk River ranges from $1,750 to $3,600 with an average monthly rent of $2,541.
How much are larger Three and Four Bedroom Rentals in Elk River?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Elk River range from $1,395 to $4,465, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,825 to $3,250. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $2,390.
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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.