Cheap Apartments for Rent in the Elliot Park Neighborhood of Minneapolis, MN from $500 (32 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Elliot Park area of Minneapolis.

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The Adams
Studio Apartments

The Adams

500 S 10th StMinneapolis, MN 55404
  • Utilities Included
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Paige Hall
Studio Apartments

Paige Hall

727 5th Ave SMinneapolis, MN 55415
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Buri Manor
Studio Apartments

Buri Manor

1515 Chicago AveMinneapolis, MN 55404
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Brownstones Downtown
Studio to 1 Bedroom Apartments

Brownstones Downtown

500-508 15th St EMinneapolis, MN 55404
  • Utilities Included
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The Balmoral
Studio to 1 Bedroom Apartments

The Balmoral

1005 Portland Ave SMinneapolis, MN 55404

Elliot Park - One of the Best Affordable Neighborhoods in Minneapolis

Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!

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Stadium Place
1 Bedroom Apartments

Stadium Place

1501 11th Ave SMinneapolis, MN 55404
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Monadnock Apartments
Studio Apartments

Monadnock Apartments

900 Centennial PlMinneapolis, MN 55404
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The Roselle
Studio to 1 Bedroom Apartments

The Roselle

910 Portland Ave SMinneapolis, MN 55404
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East Town Apartments
Studio to 2 Bedroom Apartments

East Town Apartments

618 S 9th StMinneapolis, MN 55404
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1615 11th Ave S
1 Bedroom Apartments

1615 11th Ave S

1615 11th Ave SMinneapolis, MN 55404
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Appleton Villa
1 Bedroom Apartments

Appleton Villa

615 E 16th StMinneapolis, MN 55404
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Elliot East Condos
Studio to 1 Bedroom Apartments

Elliot East Condos

928 Chicago AveMinneapolis, MN 55404
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Madison Apartments
2 to 4 Bedroom Apartments

Madison Apartments

501 E 15th StMinneapolis, MN 55404
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Ox-Op Apartments
1 to 2 Bedroom Apartments

Ox-Op Apartments

1111 S Washington AveMinneapolis, MN 55415

Cheapest Available Elliot Park Apartments for Rent

 

The cheapest available apartment rental in the Elliot Park area of Minneapolis, MN is a Studio unit found at Paige Hall priced from $551. The Quad on Delaware has the second lowest priced unit, which is a 4 Beds apartment currently listed from $620. Here are the most affordable Elliot Park apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Paige HallEfficiencyStudio,1BA$551
The Quad on DelawareD1R - Renovated 4 Bedroom 4 Bath4BR,4BA$620
Buri ManorEfficiencyStudio,1BA$699
The BalmoralEfficiencyStudio,1BA$718
The RoselleStudioStudio,1BA$800
Drexel ApartmentsStudioStudio,1BA$935
Ox-Op ApartmentsCStudio,1BA$969
Barnabas ApartmentsEfficiency PBStudio,1BA$1,020
FITClassic - One Bedroom1BR,1BA$1,059
1010 LoftsS03 - West View of RampStudio,1BA$1,235

Best Value Apartments for Rent in Elliot Park, MN

As of April 28, 2025 the best value apartment in the Elliot Park area is the $1.75 price per square foot Fulton Model at Expo in the in the Greater Central neighborhood starting from $2,110. The second greatest value Elliot Park apartment is the B1R - Renovated 2 Bedroom 2 Bath Model at The Quad on Delaware starting at $890 with a $1.10 price per square foot in the Elliot Park neighborhood. Here is today’s list of the best values for Elliot Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
ExpoFulton1BR,1BA$1.75
The Quad on DelawareB1R - Renovated 2 Bedroom 2 Bath2BR,2BA$1.10
FITClassic - One Bedroom1BR,1BA$1.43
East Village1 Bedroom, Market, Elm Floorplan1BR,1BA$1.95
Minneapolis Grand ApartmentsOne Bedroom, One Bath1BR,1BA$1.96
Runnstone Senior Living1425-1 Bed1BR,1BA$2.72
The Balmoral1 Bedroom1BR,1BA$2.31
Drexel ApartmentsStudioStudio ,1BA$2.08
The RoselleStudioStudio ,1BA$1.90
Barnabas ApartmentsEfficiency PBStudio ,1BA$2.68

Getting Around the Elliot Park Neighborhood in Minneapolis, MN

Walk Score®

85 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

95 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

79 / 100

Excellent Transit

Transit is convenient for most trips

Frequently Asked Questions about Cheap Elliot Park Apartments

What is a cheap apartment in Elliot Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Elliot Park is under $1,235.

What is the price of a cheap apartment in Elliot Park?

The cheapest apartment in Elliot Park is The Roselle which is listed at $893, while the average apartment in Elliot Park costs $4,647.

What types of apartments are the cheapest in Elliot Park?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3 regular apartments in Elliot Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Elliot Park?

Cheap apartments in Elliot Park have an average cost of $206 which is $4,441 cheaper than the average rent for all rentals in Elliot Park.

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.

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A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis

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I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN. I've lived in Minnesota all my life, save for a brief stint in Wisconsin.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

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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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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.