7414 W 22nd St, Unit 315
7414 W 22nd St
St. Louis ParkMN55426
Cheap Homes for Rent in Elmwood Neighborhood of Minneapolis, MN from $1,300 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Elmwood area of Minneapolis.
7414 W 22nd St, Unit 112
7414 W 22nd St
St. Louis ParkMN55426
4500 W 36th St
St. Louis ParkMN55416
2908 Webster Ave S
MinneapolisMN55416
6526 W Franklin Ave
MinneapolisMN55426
3104 W Lake St, Unit 207
3104 W Lake St
MinneapolisMN55416
506 Sunnyside Ln
HopkinsMN55343
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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Elmwood, Minneapolis, MN Local Guide
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in Minneapolis by Flickr User: mulad is licensed under CC BY 2.0
How much does it cost to rent a home in Elmwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elmwood 2 Bedroom Homes for Rent | $2,681 | $1,735 | $3,650 |
| Elmwood 3 Bedroom Homes for Rent | $3,170 | $2,200 | $8,000 |
| Elmwood 4 Bedroom Homes for Rent | $3,845 | $2,300 | $7,850 |
| Elmwood 5 Bedroom Homes for Rent | $3,499 | $3,499 | $3,499 |
Browse Homes for Rent in this Neighborhood
There are currently 7 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 |
Best Value Apartments for Rent in Elmwood, MN
As of April 08, 2025 the best value apartment in the Elmwood area is the $1.44 price per square foot 2BD + Den - 3rd Floor Model at Westlake Estate Apartments in the in the West Calhoun neighborhood starting from $1,799. The second greatest value Elmwood apartment is the Two Bedroom Model at Park Embassy starting at $1,525 with a $1.27 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. |
|---|---|---|---|
| Westlake Estate Apartments | 2BD + Den - 3rd Floor | 2BR,2BA | $1.44 |
| 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 |
| Westside | Vernon | 2BR,1BA | $1.41 |
| Rhode Island Chateau Apartments | One Bedroom | 1BR,1BA | $1.28 |
| Lake Harriet Commons | 2 Bed 1 Bath 900 SF, 2/3 floors | 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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Frequently Asked Questions about Elmwood
What type of rentals are currently available in Elmwood?
There are currently 256 Apartments for Rent in Elmwood, MN with pricing that ranges from $895 to $15,685. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elmwood ranging from $1,300 to $8,000.
What is the current price range for Rental Homes in Elmwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Elmwood ranges from $1,300 to $8,000 with an average monthly rent of $3,046.
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.