Cheap Apartments for Rent in Lake Elmo, MN from $800 (27 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lake Elmo.

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Ridgecrest Apartments
1 to 2 Bedroom Apartments

Ridgecrest Apartments

969 Greenway Ave NOakdale, MN 55128
  • Utilities Included
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Cottages of Stillwater
1 to 2 Bedroom Apartments

Cottages of Stillwater

2204-2358 Cottage DrStillwater, MN 55082
  • Utilities Included
Showing Results 1-27, Page 1 of 1

Lake Elmo, MN Local Guide

Cheapest Available Lake Elmo Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lake Elmo, MN is a 2 Beds unit found at Briar Pond Apartments in the Midvale neighborhood priced from $1,209. Minnehaha Manor in the Midvale neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,225. Here is today’s list of the most affordable Lake Elmo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Briar Pond Apartments2 Bedrooms Floor Plan F2BR,2BA$1,209
Minnehaha ManorBirch1BR,1BA$1,225
Norhart OakdaleZenStudio,1BA$1,251
The Espen ResidencesCypressStudio,1BA$1,335
Eastgate Apartments-Oakdale2 Bedroom2BR,1BA$1,345
Beyond WoodburyGazeStudio,1BA$1,421
The Bosk Apartment HomesA1R (Stainless Steel Appliances, In-Unit Laundry)1BR,1BA$1,430
Cedrics Landing1 Bedroom 1 Bathroom1BR,1BA$1,440
City Walk at WoodburyPlaza1BR,1BA$1,445
Crown Villa Apartments1 Bedroom1BR,1BA$1,489

Best Value Apartments for Rent in Lake Elmo, MN and Nearby

As of April 10, 2025 the best value apartment in the Lake Elmo area is the $1.47 price per square foot The Luxe Model at Meridian at CityPlace in the in the Turnberry Heritage Townhomes neighborhood starting from $3,945. The second greatest value Lake Elmo apartment is the Raleigh Model at Bentley Village starting at $2,995 with a $1.74 price per square foot in the Turnberry Heritage Townhomes neighborhood. Here is today’s list of the best values for Lake Elmo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Meridian at CityPlaceThe Luxe4BR,3.5BA$1.47
Bentley VillageRaleigh3BR,3BA$1.74
The Harlan - Alcove, 1-, 2-, & 3-Bedroom ApartmentsRobin's Egg3BR,2BA$1.70
The Legends of Woodbury 55+ ApartmentsTwo Bedroom - N2BR,2BA$1.46
Curve Crest Villas2 Bedroom TXC2BR,2BA$1.43
Oakdale Commons 55+2 Bedrooms2BR,2BA$1.53
Briar Pond Apartments2 Bedrooms Floor Plan F2BR,2BA$1.23
Eastgate Apartments-Oakdale2 Bedroom2BR,1BA$1.44
Briarcliff Apartments, a 55+ CommunityTamarack (3D)3BR,1BA$1.82
Cedrics Landing1 Bedroom 1 Bathroom1BR,1BA$1.73

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Getting Around Lake Elmo, MN

Walk Score®

21 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

35 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

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 Lake Elmo Apartments

What is the Cheapest Studio apartment in Lake Elmo?

Currently the most affordable Cheap Studio Apartment in Lake Elmo is at Norhart Oakdale listed at $1,251.

How much is rent for a Cheap One Bedroom Lake Elmo Apartment?

The lowest price for a Cheap One Bedroom Lake Elmo Apartment is $1,225 at Minnehaha Manor.

What is the lowest price for a Cheap Two Bedroom Lake Elmo Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lake Elmo is starting from $1,209 at Briar Pond Apartments.

What is the most affordable Lake Elmo Three Bedroom Apartment?

The best deal on a cheap Lake Elmo Three Bedroom Apartment rental is at Briarcliff Apartments, a 55+ Community and starts from $1,695.

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.