Cheap Apartments for Rent in Ely, MN from $500 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in Ely.

109 3rd Ave

Mountain Manor Apartments

Meadowview Apartments

5739 Marble Ave

201 N 5th Ave W

Park Villa Apartments

4880 Miller Trunk Hwy, Unit 1

Deering Manor - Section 8: 62+ or Handicapped

Eastview Apartments

409 N 1st St

2011 6th Ave E
Ely, MN Local Guide

How much does it cost to rent an apartment in Ely?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Ely Studio Apartments | $949 | $741 | $1,400 |
Ely 1 Bedroom Apartments | $1,330 | $595 | $3,000 |
Ely 2 Bedroom Apartments | $1,574 | $750 | $3,144 |
Ely 3 Bedroom Apartments | $1,805 | $995 | $3,210 |
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Ely, MN Local Guide
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Cheapest Available Ely Apartments for Rent and Nearby
 The cheapest available apartment rental in Ely, MN is a 1 Bed unit found at Mountain Manor Apartments priced from $605. Meadowview Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Ely apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Mountain Manor Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $605 |
Meadowview Apartments | 1 Bdr-Market Rate | 1BR,1BA | $700 |
Alice Nettell Towers | 1 Bedroom | Studio, | $741 |
5739 Marble Ave | 1 Bedroom | 1BR,1BA | $760 |
Marlin Manor | Marlin Manor, 2 bed, 1 bath. | 2BR,1BA | $850 |
Best Value Apartments for Rent in Ely, MN and Nearby
As of March 12, 2025 the best value apartment in the Ely area is the $1.51 price per square foot 2 Bedroom 1 Bath Model at Ridgewood Apartments in the in the Duluth Heights neighborhood starting from $1,795. The second greatest value Ely apartment is the 2 Bed + 1 Bath Model at Meadowbrook Apartments starting at $900 with a $0.90 price per square foot . Here is today’s list of the best values for Ely apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Ridgewood Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.51 |
Meadowbrook Apartments | 2 Bed + 1 Bath | 2BR,1BA | $0.90 |
Pine Manor Townhouses | 2 Bedroom | 2BR,1BA | $1.06 |
The Virginian Apartments | Two Bed | 2BR,1BA | $1.16 |
610 7th St S, Unit 1 | 610 7th St S | 2BR,1BA | $1.39 |
Alice Nettell Towers | 1 Bedroom | Studio , | $0.99 |
5739 Marble Ave | 1 Bedroom | 1BR,1BA | $1.09 |
Marlin Manor | Marlin Manor, 2 bed, 1 bath. | 2BR,1BA | $1.21 |
Meadowview Apartments | 2 Bdr - Subsidized | 1BR,1BA | $1.19 |
Mountain Manor Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.21 |
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Best Local Schools in Ely, MN
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Getting Around Ely, MN
Walk Score®
57 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
51 / 100
Bikeable
Some 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 Ely Apartments
What is the Cheapest Studio apartment in Ely?
Currently the most affordable Cheap Studio Apartment in Ely is at Alice Nettell Towers listed at $741.
How much is rent for a Cheap One Bedroom Ely Apartment?
The lowest price for a Cheap One Bedroom Ely Apartment is $605 at Mountain Manor Apartments.
What is the lowest price for a Cheap Two Bedroom Ely Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Ely is starting from $750 at Meadowview Apartments.
What is the most affordable Ely Three Bedroom Apartment?
The best deal on a cheap Ely Three Bedroom Apartment rental is at Marlin Manor and starts from $995.
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.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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.