Cheap Apartments for Rent in the Elmwood Neighborhood of Minneapolis, MN from $600 (111 Rentals)

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

Elmwood

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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2932 Drew Ave S
1 Bedroom Apartments

2932 Drew Ave S

2932 Drew Ave SMinneapolis, MN 55416
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Linden Hills | 2715
Studio to 1 Bedroom Apartments

Linden Hills | 2715

2715 43rd St WMinneapolis, MN 55410
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2806 Xerxes Ave S
1 Bedroom Apartments

2806 Xerxes Ave S

2806 Xerxes Ave SMinneapolis, MN 55416
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Chowen Plaza Apartments
1 to 2 Bedroom Apartments

Chowen Plaza Apartments

4425 Chowen Ave SMinneapolis, MN 55410
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Linden Hills- 2716
1 Bedroom Apartments

Linden Hills- 2716

2716 W 44th StMinneapolis, MN 55410
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4351 Drew Ave
1 Bedroom Apartments

4351 Drew Ave

4351 Drew Ave SMinneapolis, MN 55410
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Prox31
Studio Apartments

Prox31

3823 W 31st StMinneapolis, MN 55416
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Greenway Commons
1 Bedroom Apartments

Greenway Commons

3811 W 31st StMinneapolis, MN 55416
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Arbor Court
1 to 3 Bedroom Apartments

Arbor Court

3755 S Wooddale AveMinneapolis, MN 55416
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3815 Glendale Ter
2 Bedroom Apartments

3815 Glendale Ter

3815 Glendale TerMinneapolis, MN 55410
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3128 Salem Ave
3 Bedroom Apartments

3128 Salem Ave

3128 Salem AveMinneapolis, MN 55416
Showing Results 1-50, Page 1 of 3

Elmwood, Minneapolis, MN Local Guide

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 ListingModel NameBed/BathPriced From
Brittany ApartmentsStudioStudio,1BA$925
Uptown West ApartmentsStudio AStudio,1BA$925
Knollwood Towers West ApartmentsStudioStudio,1BA$967
Knollwood Estates1 Bedroom1BR,1BA$985
Calhoun Beach Apartments1BR/1.0BA1BR,1BA$995
Q-21 Bedroom1BR,1BA$1,000
Park Villa Apartments1BR/1.0BA1BR,1BA$1,000
Dean Terrace Apartments1 BA, Unique StudioStudio,1BA$1,015
Fine Living at Aquila Park & Royal ParkThe OpalStudio,1BA$1,020
CourtyardOne Bedroom 11A1BR,1BA$1,030

Best Value Apartments for Rent in Elmwood, MN

As of April 13, 2025 the best value apartment in the Elmwood area is the $1.43 price per square foot 3 Bedroom B - 60 Model at Arbor Court in the in the West Calhoun neighborhood starting from $1,817. The second greatest value Elmwood apartment is the 2BD + Den - 3rd Floor Model at Westlake Estate Apartments starting at $1,799 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Arbor Court3 Bedroom B - 603BR,2BA$1.43
Westlake Estate Apartments2BD + Den - 3rd Floor2BR,2BA$1.44
Villa Capri2 Bedroom 1.5 Bath Townhouse2BR,1.5BA$1.44
Vernon Oaks Apartments2 Bedroom - B12BR,2BA$1.41
WestsideVernon2BR,1BA$1.41
Rhode Island Chateau ApartmentsOne Bedroom1BR,1BA$1.28
Park EmbassyOne Bedroom1BR,1BA$1.41
3701 Lake StOne Bedroom1BR,1BA$1.42
Lake West on France1 Bed - 1 Bath1BR,1BA$1.46
Calhoun Beach Apartments1BR/1.0BA1BR,1BA$1.44

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Pet Friendly Lifestyle
Elmwood, Minneapolis, MN

Ranked #43

Among neighborhoods in Minneapolis, MN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $985 at Knollwood Estates.

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 $1,195 at Ramsgate.

What is the most affordable Elmwood Three Bedroom Apartment?

The best deal on a cheap Elmwood Three Bedroom Apartment rental is at Arbor Court and starts from $1,817.

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

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.

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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.