Lake Elmo MN Apartments
7 rentals
Use arrow keys to navigateNEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLYTotal price$2,995 - $3,725/mo
3-4 Beds
4 BathsBentley Village | 9485 4th St N #9265,
Lake Elmo, MN 55042
Use arrow keys to navigatePET FRIENDLY$2,895 - $4,250/mo2 Beds2-3 BathsWoodhelm Townhomes | 11300 Upper 39th Street Cir N #11340,
Lake Elmo, MN 55042
Use arrow keys to navigateNEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLYTotal price$1,349 - $2,563/moStudio-3 Beds1-2 BathsSprings at Lake Elmo | 9600 Hudson Blvd N #719,
Lake Elmo, MN 55042
Use arrow keys to navigateAPPLY INSTANTLYFURNISHED
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Apartments For Rent Near Lake Elmo, MN
We found 20 more apartments matching your filters just outside Lake Elmo
Use arrow keys to navigatePET FRIENDLY$2,304 - $2,800/mo2-3 Beds2-3 BathsThe Espen Residences - Townhomes | 3998 Hayward Ave N #3942,
Saint Paul, MN 55128
Use arrow keys to navigatePET FRIENDLY$2,011 - $2,936/mo2-3 Beds1-3 BathsThe Edison at Woodbury | 326 Karen Dr #B-260,
Saint Paul, MN 55129
Use arrow keys to navigateNEW - 1 DAY AGOPET FRIENDLY$1,502 - $1,842/mo1-2 Beds1 BathThe Bosk Apartment Homes | 6850 Ashwood Rd #6857-208,
Saint Paul, MN 55125
Use arrow keys to navigateNEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY$1,445 - $2,795/mo1-3 Beds1-3 BathsCity Walk at Woodbury | 10225 City Walk Dr #118E,
Saint Paul, MN 55129
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$1,419 - $2,304/mo1-3 Beds1-2 BathsReserve At Settlers Ridge | 503 Karen Dr #218,
Saint Paul, MN 55129
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SENIOR HOUSINGINCOME RESTRICTED$1,435 - $1,475/mo2 Beds1 BathCottage Homesteads of Aspen | 1745 Granada Ave N #30,
Saint Paul, MN 55128
SENIOR HOUSINGPET FRIENDLYINCOME RESTRICTED
PET FRIENDLYTotal price$2,695 - $4,470/mo2-5 Beds2-4 BathsCadia St. Croix | 11483 Crestbury Dr #19-01158,
Saint Paul, MN 55129
NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLYTotal price$1,316 - $2,580/moStudio-3 Beds1-2 BathsSprings at Willowbrooke | 7700 36th St N #611,
Saint Paul, MN 55128
NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY$1,705 - $3,737/mo1-3 Beds1-3 BathsAspire at CityPlace | 9000 City Place Blvd #1216,
Saint Paul, MN 55125
NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY$1,215 - $1,585/moStudio-2 Beds1 BathMinnehaha Manor | 6904 10th St N #1052-108,
Saint Paul, MN 55128
PET FRIENDLYFURNISHED
PET FRIENDLYFURNISHED
NEW - 1 DAY AGOPET FRIENDLY
SPECIAL OFFERPET FRIENDLY
PET FRIENDLYContact for price3-4 Beds2 BathsSt. Croix Village Apartments | 1615 Orleans St W #5292544,
Stillwater, MN 55082
NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY$2,862 - $3,960/mo3-4 Beds4 BathsMeridian at CityPlace | 8868 Meridian Way #8914,
Saint Paul, MN 55125
Average Rent Trends in Lake Elmo, MN
Rent in Lake Elmo, MN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,385 |
| Jul 2025 | $2,977 |
| Aug 2025 | $2,823 |
| Sep 2025 | $2,971 |
| Oct 2025 | $2,627 |
| Nov 2025 | $2,557 |
| Dec 2025 | $2,461 |
| Jan 2026 | $2,476 |
| Feb 2026 | $2,438 |
| Mar 2026 | $2,424 |
| Apr 2026 | $2,498 |
| May 2026 | $1,900 |
Average Rent By Bedroom and Home Type
In May 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 | — | $2,051 | $1,999 | $4,200 | $1,999 |
| Townhomes | — | — | $2,700 | — | $2,700 |
| Apartments and Condos | — | $1,650 | $1,999 | — | $1,999 |
| Houses | — | $1,995 | — | $4,200 | $4,200 |
Frequently Asked Questions about Apartments and Condos for rent in Lake Elmo, MN
- What is the average rent of an apartment or condo in Lake Elmo, MN?The average rent of an apartment or condo in Lake Elmo, MN is $2,708. Rent prices range from $1,650 to as much as $2,895, depending on the type of apartment or condo.
- How does the rent of an apartment or condo in Lake Elmo, MN compare to the national average?Average rent of an apartment or condo in Lake Elmo, MN is about 42% higher than the national average rent of $1,910 for an apartment or condo. That means it is more expensive to rent an apartment or condo in Lake Elmo compared to the U.S. average.
- What is the average rent of an apartment or condo in Lake Elmo, MN, by number of bedrooms?The average rent of an apartment or condo in Lake Elmo, MN is $1,352 for a studio, $1,698 for a 1 bedroom, $1,975 for a 2 bedroom, $2,176 for a 3 bedroom, and $3,725 for a 4 bedroom.
- How have rent prices of an apartment or condo in Lake Elmo, MN changed compared to last year?In the past year, the average rent price of an apartment or condo in Lake Elmo, MN has increased by $301. That means the average rent of an apartment or condo is 11% higher than last year.
- How many apartments or condos are available to rent in Lake Elmo, MN?There are 7 available apartments or condos to rent in Lake Elmo, MN.
- What are some zip codes in Lake Elmo, MN?Lake Elmo, MN includes zip codes such as: 55042.
- What are some cities near Lake Elmo, MN?Some nearby cities include: Oakdale, Pine Springs, Landfall Village, Oak Park Heights, Willernie. These cities may have more rental options to explore.