
Cheap Apartments for Rent in the Elmwood Neighborhood of Minneapolis, MN from $600 (117 Rentals)
Search the lowest-cost Apartments available for rent right now in the Elmwood area of Minneapolis.


Courtyard

Dean Terrace Apartments

Axon Green

Lake West on France

Marbella on Dean

2920 Dean Parkway Apartments

Volo at Texa Tonka

Lake Harriet Commons

Foundry Lake Street

Be @ Axon Green

The Gateway at West Lake Quarter

2800 Xerxes Ave S, Unit #3

3815 Glendale Ter

1321 Division St

Knollwood Towers West Apartments

Brittany Apartments

Uptown West Apartments

Lynn Plaza

Knollwood Estates

1210-1220 Cambridge St. (Hopkins)

Park Villa Apartments

Fine Living at Aquila Park & Royal Park

Hiawatha Court

Era on Excelsior

Colonial Terrace

Park Trails Apartments

The Quentin

Rhode Island Chateau Apartments

Creekwood Estates

Joppa Lane
Elmwood, Minneapolis, MN Local Guide

How much does it cost to rent an apartment in Elmwood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Elmwood Studio Apartments | $1,578 | $899 | $3,060 |
Elmwood 1 Bedroom Apartments | $1,867 | $985 | $7,609 |
Elmwood 2 Bedroom Apartments | $2,853 | $1,180 | $10,000+ |
Elmwood 3 Bedroom Apartments | $3,129 | $1,585 | $5,185 |
Browse Apartments in this Neighborhood
There are currently 117 rentals with your search options within a 2 mile radius of the Elmwood Neighborhood of Minneapolis, MN.
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Elmwood, Minneapolis, MN Local Guide
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Cheapest Available Elmwood Apartments for Rent
 The cheapest available apartment rental in the Elmwood area of Minneapolis, MN is a Studio unit found at Brittany Apartments priced from $925. Uptown West Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $925. Here are the most affordable Elmwood apartments for rent in Minneapolis, MN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Brittany Apartments | Studio | Studio,1BA | $925 |
Uptown West Apartments | Studio A | Studio,1BA | $925 |
Portage Apartments | Studio B Lower | Studio,1BA | $945 |
2806 Xerxes Ave S | 1BR/1.0BA | 1BR,1BA | $955 |
Lynn Plaza | Studio | Studio,1BA | $975 |
Calhoun Beach Apartments | 1BR/1.0BA | 1BR,1BA | $995 |
1210-1220 Cambridge St. (Hopkins) | 1b | 1BR,1BA | $999 |
Q-2 | 1 Bedroom | 1BR,1BA | $1,000 |
Courtyard | One Bedroom 11A | 1BR,1BA | $1,015 |
Dean Terrace Apartments | 1 BA, Unique Studio | Studio,1BA | $1,015 |
Best Value Apartments for Rent in Elmwood, MN
As of March 17, 2025 the best value apartment in the Elmwood area is the $1.27 price per square foot Two Bedroom Model at Park Embassy in the in the West Calhoun neighborhood starting from $1,525. The second greatest value Elmwood apartment is the 2 Bedroom 1.5 Bath Townhouse Model at Villa Capri starting at $1,725 with a $1.44 price per square foot in the West Calhoun neighborhood. Here is today’s list of the best values for Elmwood apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Park Embassy | Two Bedroom | 2BR,2BA | $1.27 |
Villa Capri | 2 Bedroom 1.5 Bath Townhouse | 2BR,1.5BA | $1.44 |
Vernon Oaks Apartments | 2 Bedroom - B1 | 2BR,2BA | $1.41 |
Westlake Estate Apartments | 2BD 1.5 BA - 2nd Floor | 2BR,1.5BA | $1.41 |
Westside | Vernon | 2BR,1BA | $1.41 |
Knollwood Estates | 2 Bedroom | 2BR,1BA | $1.39 |
Lake Harriet Commons | COMING SOON | 2BR,1BA | $1.48 |
3701 Lake St | One Bedroom | 1BR,1BA | $1.42 |
Lake West on France | 1 Bed - 1 Bath | 1BR,1BA | $1.46 |
Calhoun Beach Apartments | 1BR/1.0BA | 1BR,1BA | $1.44 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleElmwood, Minneapolis, MN
Ranked #44
Among neighborhoods in Minneapolis, MN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals in metropolitan areas across the United States, including Minneapolis. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, pet-friendly features, places that make kids happy, proximity to transit, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Elmwood Apartments
What is the Cheapest Studio apartment in Elmwood?
Currently the most affordable Cheap Studio Apartment in Elmwood is at Brittany Apartments listed at $925.
How much is rent for a Cheap One Bedroom Elmwood Apartment?
The lowest price for a Cheap One Bedroom Elmwood Apartment is $955 at 2806 Xerxes Ave S.
What is the lowest price for a Cheap Two Bedroom Elmwood Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Elmwood is starting from $1,180 at Ramsgate.
What is the most affordable Elmwood Three Bedroom Apartment?
The best deal on a cheap Elmwood Three Bedroom Apartment rental is at Auburn Townhomes and starts from $2,285.
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.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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.