
Cheap Apartments for Rent in the Elliot Park Neighborhood of Minneapolis, MN from $500 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in the Elliot Park area of Minneapolis.


FIT

Drexel Apartments

Minneapolis Grand Apartments

Hencen

1010 S 7th St
Elliot Park
Named as one of the Best Affordable Areas to rent in Minneapolis by our Minneapolis Local Expert Stephanie Lica. See how it ranks!

4th and Park

Groove Lofts

HQ Apartments

433 S 7th St

650 Portland Ave

Moment
Elliot Park, Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Elliot Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Elliot Park Studio Apartments | $1,432 | $825 | $2,808 |
Elliot Park 1 Bedroom Apartments | $1,932 | $950 | $4,127 |
Elliot Park 2 Bedroom Apartments | $2,902 | $890 | $8,902 |
Elliot Park 3 Bedroom Apartments | $5,511 | $720 | $10,000+ |
Elliot Park 4 Bedroom Apartments | $1,910 | $620 | $4,490 |
Browse Apartments in this Neighborhood
There are currently 35 rentals with your search options within a 2 mile radius of the Elliot Park Neighborhood of Minneapolis, MN.
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Paige Hall | Efficiency | Studio,1BA | $551 |
The Quad on Delaware | D1R - Renovated 4 Bedroom 4 Bath | 4BR,4BA | $620 |
Buri Manor | Efficiency | Studio,1BA | $699 |
The Balmoral | Efficiency | Studio,1BA | $718 |
The Roselle | Studio | Studio,1BA | $800 |
Drexel Apartments | Studio | Studio,1BA | $935 |
The Villa Apartments | 1BR/1.0BA | 1BR,1BA | $950 |
Barnabas Apartments | Efficiency PB | Studio,1BA | $1,020 |
East Village | 1 BR - Maple/Mulberry | 1BR,1BA | $1,100 |
1010 Lofts | S03 - West View of Ramp | Studio,1BA | $1,195 |
Best Value Apartments for Rent in Elliot Park, MN
As of April 06, 2025 the best value apartment in the Elliot Park area is the $1.52 price per square foot Two Bedroom, One Bath Model at Minneapolis Grand Apartments in the in the Whittier neighborhood starting from $1,625. The second greatest value Elliot Park apartment is the Renovated - Two Bedroom Model at FIT starting at $1,395 with a $1.55 price per square foot in the Greater Central neighborhood. Here is today’s list of the best values for Elliot Park apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Minneapolis Grand Apartments | Two Bedroom, One Bath | 2BR,1BA | $1.52 |
FIT | Renovated - Two Bedroom | 2BR,1BA | $1.55 |
The Quad on Delaware | B1R - Renovated 2 Bedroom 2 Bath | 2BR,2BA | $1.10 |
East Village | 1 BR- Elm/Hickory/Oak | 1BR,1BA | $1.68 |
The Villa Apartments | 1BR/1.0BA | 1BR,1BA | $1.46 |
Ox-Op Apartments | X | 1BR,1BA | $2.34 |
Sora | Mill City S3 | Studio ,1BA | $2.40 |
The Balmoral | 1 Bedroom | 1BR,1BA | $2.31 |
Drexel Apartments | Studio | Studio ,1BA | $2.08 |
The Roselle | Studio | Studio ,1BA | $1.90 |
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
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 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 $1,195.
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 $5,545.
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 $266 which is $5,279 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.

A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis
Written by: Stephanie Lica
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.

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.

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.

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.