Cheap Apartments for Rent in Ely, MN from $500 (20 Rentals)

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Lesterwood Apartments
Studio to 2 Bedroom Apartments

Lesterwood Apartments

6025 E Superior StDuluth, MN 55804
  • Utilities Included
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Birchwood Apartments
2 to 3 Bedroom Apartments

Birchwood Apartments

801 W 5th StGrand Marais, MN 55604
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Showing Results 1-20, Page 1 of 1

Ely, MN Local Guide

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 ListingModel NameBed/BathPriced From
Mountain Manor Apartments1 Bedroom 1 Bath1BR,1BA$605
Meadowview Apartments1 Bdr-Market Rate1BR,1BA$700
Alice Nettell Towers1 BedroomStudio,$741
5739 Marble Ave1 Bedroom1BR,1BA$760
Marlin ManorMarlin Manor, 2 bed, 1 bath.2BR,1BA$820

Best Value Apartments for Rent in Ely, MN and Nearby

As of March 25, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Ridgewood Apartments2 Bedroom 1 Bath2BR,1BA$1.51
Meadowbrook Apartments2 Bed + 1 Bath2BR,1BA$0.90
Pine Manor Townhouses2 Bedroom2BR,1BA$1.06
The Virginian ApartmentsTwo Bed2BR,1BA$1.10
610 7th St S, Unit 1610 7th St S2BR,1BA$1.39
Alice Nettell Towers1 BedroomStudio ,$0.99
5739 Marble Ave1 Bedroom1BR,1BA$1.09
Marlin ManorMarlin Manor, 2 bed, 1 bath.2BR,1BA$1.17
Meadowview Apartments2 Bdr - Subsidized1BR,1BA$1.19
Mountain Manor Apartments1 Bedroom 1 Bath1BR,1BA$1.21

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Best Local Schools in
Ely, MN

School data provided by Great Schools

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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 and starts from $1,235.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.