Cheap Apartments for Rent in Elk River, MN
23 rentals
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Apartments For Rent Near Elk River, MN
We found 15 more apartments matching your filters just outside Elk River
Use arrow keys to navigate$830 - $955/mo
1-3 Beds
1 BathPheasant Ridge Apartments | 5331-5337 Barthel Industrial Dr NE,
Albertville, MN 55301
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SPECIAL OFFERPET FRIENDLYTotal price$2,695 - $3,795/mo2-5 Beds2-4 BathsThe Preserve at Albertville | 5055 Lander Ave NE,
Albertville, MN 55301
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Average Rent Trends in Elk River, MN
Rent in Elk River, MN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Nov 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Dec 2025 | $1,830 |
| Jan 2026 | $1,484 |
| Feb 2026 | $1,797 |
| Mar 2026 | $1,858 |
| Apr 2026 | $1,644 |
| May 2026 | $1,755 |
| Jun 2026 | $1,554 |
| Jul 2026 | $1,728 |
| Aug 2026 | $1,509 |
| Sep 2026 | $1,580 |
| Oct 2026 | $1,580 |
| Nov 2026 | $1,759 |
Average Rent By Bedroom and Home Type
In November 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,423 | $1,505 | $1,965 | $2,995 | $1,899 |
| Townhomes | — | — | $2,195 | — | $2,095 |
| Apartments and Condos | — | $1,295 | $1,460 | — | $1,295 |
| Houses | — | $1,695 | $2,549 | $2,995 | $2,680 |
Frequently Asked Questions about Cheap Apartments for rent in Elk River, MN
- How many cheap apartments are for rent in Elk River, MN?Trulia currently lists 51 cheap apartments for rent in Elk River, MN.
- How much do cheap apartments in Elk River, MN rent for?Rents for cheap apartments in Elk River, MN range from $1,095 to $4,299 a month. Each listing shows its exact rent and any fees.
- How does Trulia decide which rentals are cheap?This page shows rentals in the lowest price tier for apartments in Elk River, MN, sorted from the lowest rent up.
- How can I find the cheapest apartments to rent in Elk River, MN?This page sorts apartments in Elk River, MN from lowest rent up, starting at $1,095 a month. Filtering by fewer bedrooms or utilities included lowers costs further.
- What trade-offs come with the cheapest rentals?Lower rents often mean smaller units, older buildings, fewer amenities or a longer commute. Check what utilities are included to compare true cost.
View this page in Spanish: Apartamentos baratos en renta en Elk River, MN - 54 Rentas | Trulia