Cheap Homes for Rent in Ely, MN from $600 (7 Rentals)

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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

Best Value Apartments for Rent in Ely, MN and Nearby

As of April 04, 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 Bedroom Model at Pine Manor Townhouses starting at $1,016 with a $1.06 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
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
Meadowbrook Apartments1 Bed + 1 Bath1BR,1BA$1.14
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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Frequently Asked Questions about Ely

What type of rentals are currently available in Ely?

There are currently 40 Apartments for Rent in Ely, MN with pricing that ranges from $595 to $3,215. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ely ranging from $673 to $7,995.

What is the current price range for Rental Homes in Ely?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Ely ranges from $673 to $7,995 with an average monthly rent of $2,787.

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.