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  1. Rent Special
    STUDIO
    $1,407+
    1 BED
    $1,968+
    2 BEDS
    $2,175+
    3 BEDS
    $2,870+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,337 - $3,448
    Required Monthly Fees$70
    Total Monthly Price$1,407 - $3,518

    The Espen Residences

    3998 Hayward Ave N, Oakdale, MN 55128
    Call
  2. Rent Special
    |
    2 BEDS
    $2,082
    Total Monthly Price Total Monthly Price New
    Base Rent$2,060 - $3,165
    Required Monthly Fees$22
    Total Monthly Price$2,082 - $3,187

    Seasons Villas

    8630-8847 Summer Wind Alcove, Woodbury, MN 55125
    Call
  3. Price Drop. $400 Off
    |
    1 BED
    $1,763+
    2 BEDS
    $1,913+
    3 BEDS
    $2,413+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,545 - $2,495
    Required Monthly Fees$218
    Total Monthly Price$1,763 - $2,713
    - 12 Month Lease

    City Walk at Woodbury

    10225 City Walk Dr, Woodbury, MN 55129
    Call
  4. Price Drop. $278 Off
    |
    STUDIO
    $1,345+
    1 BED
    $1,544+
    2 BEDS
    $1,891+
    3 BEDS
    $2,458+
    Plus Fees

    Norhart Oakdale

    7600 2nd St N, Oakdale, MN 55128
    Call
  5. Discounts
    STUDIO
    $1,723+
    1 BED
    $1,860+
    2 BEDS
    $2,363+
    3 BEDS
    $3,200+
    Plus Fees - 12 Month Lease

    Aspire at CityPlace

    9000 City Place Blvd, Woodbury, MN 55125
    Call
  6. 3 BEDS
    $2,895+
    4 BEDS
    $3,575+
    Total Monthly Price Total Monthly Price New
    Base Rent$2,895 - $3,725
    Utilities & EssentialsVaries
    Total Monthly Price$2,895 - $3,725

    Bentley Village

    9392-9485 4th St N, Lake Elmo, MN 55042
    Call
  7. 2 BEDS
    $2,925
    Total Monthly Price Total Monthly Price New
    Base Rent$2,895 - $3,995
    Required Monthly Fees$30
    Total Monthly Price$2,925 - $4,025

    Woodhelm Townhomes

    11300 Upper 39th St Circle N, Lake Elmo, MN 55042
    Call
  8. STUDIO
    $1,273+
    1 BED
    $1,519+
    2 BEDS
    $1,757+
    Total Monthly Price Total Monthly Price New
    Base Rent$1,268 - $2,401
    Required Monthly Fees$4
    Utilities & EssentialsVaries
    Total Monthly Price$1,272 - $2,405

    Beyond Woodbury

    455 Karen Dr, Woodbury, MN 55129
    Call
  9. 3 BEDS, 2 BATHS
    $2,545
    Total Monthly Price Total Monthly Price New
    Base Rent$2,495
    Required Monthly Fees$50
    Total Monthly Price$2,545

    3873 Hale Ave N

    3873 Hale Ave N, Oakdale, MN 55128
    Call
  10. Building Photo - 4596 Lilac Ln N
    3 BEDS, 2 BATHS
    $3,500
    Total Monthly Price Total Monthly Price New
    Base Rent$3,500
    Required Monthly FeesNone
    Total Monthly Price$3,500
    - 12 Month Lease

    4596 Lilac Ln N

    4596 Lilac Ln N, Lake Elmo, MN 55042
  11. Building Photo - 475 Hickory Ln N
    2 BEDS, 3 BATHS
    $2,695
    Total Monthly Price Total Monthly Price New
    Base Rent$2,695
    Required Monthly FeesNone
    Total Monthly Price$2,695
    - 12 Month Lease

    475 Hickory Ln N

    475 Hickory Ln N, Oakdale, MN 55128
  12. 2 BEDS, 1.5 BATHS
    $1,825
    Total Monthly Price Total Monthly Price New
    Base Rent$1,825
    Required Monthly FeesNone
    Total Monthly Price$1,825
    - 12 Month Lease

    8958 Spring Ln

    8958 Spring Ln, Woodbury, MN 55125
  13. Building Photo - 154 Cimarron
    3 BEDS, 2.5 BATHS
    $1,999
    Total Monthly Price Total Monthly Price New
    Base Rent$1,999
    Required Monthly FeesNone
    Total Monthly Price$1,999

    154 Cimarron

    154 Cimarron, Lake Elmo, MN 55042
  14. Building Photo - 490 Cimarron
    3 BEDS, 2.5 BATHS
    $1,999
    Total Monthly Price Total Monthly Price New
    Base Rent$1,999
    Required Monthly FeesNone
    Total Monthly Price$1,999

    490 Cimarron

    490 Cimarron, Lake Elmo, MN 55042
  15. 3 BEDS, 2 BATHS
    $1,899
    Total Monthly Price Total Monthly Price New
    Base Rent$1,899
    Required Monthly FeesNone
    Total Monthly Price$1,899

    498 Cimarron

    498 Cimarron, Lake Elmo, MN 55042
  16. 3 BEDS, 2 BATHS
    $1,999
    Total Monthly Price Total Monthly Price New
    Base Rent$1,999
    Required Monthly FeesNone
    Total Monthly Price$1,999

    691 Cimarron

    691 Cimarron, Lake Elmo, MN 55042
  17. 6 BEDS, 5 BATHS
    $5,900
    Total Monthly Price Total Monthly Price New
    Base Rent$5,900
    Required Monthly FeesNone
    Total Monthly Price$5,900

    10675 40th St N

    10675 40th St N, Lake Elmo, MN 55042
  18. Building Photo - 9450 4th St N
    3 BEDS, 3 BATHS
    $2,895
    Total Monthly Price Total Monthly Price New
    Base Rent$2,895
    Required Monthly FeesNone
    Total Monthly Price$2,895

    9450 4th St N

    9450 4th St N, Lake Elmo, MN 55042
  19. Building Photo - 9417 4th St Ln N
    3 BEDS, 3 BATHS
    $2,895
    Total Monthly Price Total Monthly Price New
    Base Rent$2,895
    Required Monthly FeesNone
    Total Monthly Price$2,895

    9417 4th St Ln N

    9417 4th St Ln N, Lake Elmo, MN 55042
  20. 3 BEDS, 3 BATHS
    $2,995
    Total Monthly Price Total Monthly Price New
    Base Rent$2,995
    Required Monthly FeesNone
    Total Monthly Price$2,995

    9376 4th St N

    9376 4th St N, Lake Elmo, MN 55042
  21. 4 BEDS, 4 BATHS
    $3,575
    Total Monthly Price Total Monthly Price New
    Base Rent$3,575
    Required Monthly FeesNone
    Total Monthly Price$3,575

    184 Jean Avenue

    184 Jean Avenue, Lake Elmo, MN 55042
  22. 3 BEDS, 3 BATHS
    $2,895
    Total Monthly Price Total Monthly Price New
    Base Rent$2,895
    Required Monthly FeesNone
    Total Monthly Price$2,895

    9448 4th St N

    9448 4th St N, Lake Elmo, MN 55042
  23. Building Photo - 9297 4th St N
    4 BEDS, 4 BATHS
    $3,625
    Total Monthly Price Total Monthly Price New
    Base Rent$3,625
    Required Monthly FeesNone
    Total Monthly Price$3,625

    9297 4th St N

    9297 4th St N, Lake Elmo, MN 55042
  24. Building Photo - 190 Jean Avenue
    4 BEDS, 4 BATHS
    $3,670
    Total Monthly Price Total Monthly Price New
    Base Rent$3,670
    Required Monthly FeesNone
    Total Monthly Price$3,670

    190 Jean Avenue

    190 Jean Avenue, Lake Elmo, MN 55042
  25. 3 BEDS, 3 BATHS
    $2,995
    Total Monthly Price Total Monthly Price New
    Base Rent$2,995
    Required Monthly FeesNone
    Total Monthly Price$2,995

    9365 4th St Ln N

    9365 4th St Ln N, Lake Elmo, MN 55042
  26. 3 BEDS, 3 BATHS
    $2,895
    Total Monthly Price Total Monthly Price New
    Base Rent$2,895
    Required Monthly FeesNone
    Total Monthly Price$2,895

    9482 4th St N

    9482 4th St N, Lake Elmo, MN 55042
  27. 3 BEDS, 3 BATHS
    $2,895
    Total Monthly Price Total Monthly Price New
    Base Rent$2,895
    Required Monthly FeesNone
    Total Monthly Price$2,895

    9290 4th St N

    9290 4th St N, Lake Elmo, MN 55042
  28. Building Photo - 9469 4th St N
    3 BEDS, 3 BATHS
    $2,895
    Total Monthly Price Total Monthly Price New
    Base Rent$2,895
    Required Monthly FeesNone
    Total Monthly Price$2,895

    9469 4th St N

    9469 4th St N, Lake Elmo, MN 55042
  29. Building Photo - 174 Jean Avenue
    4 BEDS, 4 BATHS
    $3,570
    Total Monthly Price Total Monthly Price New
    Base Rent$3,570
    Required Monthly FeesNone
    Total Monthly Price$3,570

    174 Jean Avenue

    174 Jean Avenue, Lake Elmo, MN 55042
  30. 3 BEDS, 3 BATHS
    $2,895
    Total Monthly Price Total Monthly Price New
    Base Rent$2,895
    Required Monthly FeesNone
    Total Monthly Price$2,895

    9394 4th St N

    9394 4th St N, Lake Elmo, MN 55042
  31. 3 BEDS, 3 BATHS
    $2,995
    Total Monthly Price Total Monthly Price New
    Base Rent$2,995
    Required Monthly FeesNone
    Total Monthly Price$2,995

    9385 4th St N

    9385 4th St N, Lake Elmo, MN 55042
Showing 42 of 59 results, Page 1 of 2

Lake Elmo at a Glance

Average Rent

$1,720
(All bedrooms and property types)
Learn more about
Average Rent in Lake Elmo
6

School Rating

out of 10 Rating
Learn more about
Schools in Lake Elmo
1

Some Transit

out of 100 TransitScore® Rating
Learn more about
Transportation in Lake Elmo
35

Somewhat Bikeable

out of 100 BikeScore® Rating
Learn more about
Transportation in Lake Elmo

Lake Elmo, MN Apartments for Rent

Lake Elmo, Minnesota, sits just east of the Twin Cities, where farmland and open spaces create a peaceful setting across its 24 square miles. Apartments for rent in Lake Elmo place residents near the Lake Elmo Park Reserve, which features swimming beaches, hiking trails, and picnic areas. The city offers easy access to Minnesota State Highway 36 and Interstate 94, connecting residents to the greater metro area.

The rental market includes newer apartment communities and single-family homes, with one-bedroom apartments averaging $1,661 monthly. Lake Elmo's population grew from 8,069 in 2010 to over 11,335 in 2020, with projections showing continued growth to 21,000 by 2040. While maintaining its natural landscapes, Lake Elmo provides quick access to shopping centers, restaurants, and employment opportunities in neighboring Woodbury, Stillwater, and throughout the Twin Cities metropolitan area.

Renting in Lake Elmo

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Lake Elmo

(For 1 bedroom apartments)

Average Rent in Nearby Cities

(For 1 bedroom apartments)

Getting Around Lake Elmo

Transportation

22

Car-Dependent

out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you need a car.
35

Somewhat Bikeable

out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you'll most likely want your car for most errands.
1

Minimal Transit

out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Scores provided by Walk Score

Education

Public University
Public University
Public University
Private University
Private University
GreatSchools Rating

Public Middle School

Public
Grades 6-8
933 Students
GreatSchools Rating

Public Elementary School

Public
Grades K-5
653 Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

Frequently asked questions about renting in Lake Elmo, MN

What are the average rent costs in Lake Elmo, MN?

The average rent in Lake Elmo, MN is $1,720.

What are the average rent costs of a studio apartment in Lake Elmo, MN?

The average rent for a studio apartment in Lake Elmo, MN is $1,657.

What are the average rent costs of a one bedroom apartment in Lake Elmo, MN?

The average rent for a 1 bedroom apartment in Lake Elmo, MN is $1,720.

What are the average rent costs of a two bedroom apartment in Lake Elmo, MN?

The average rent for a 2 bedroom apartment in Lake Elmo, MN is $2,574.

What are the average rent costs of a three bedroom apartment in Lake Elmo, MN?

The average rent for a 3 bedroom apartment in Lake Elmo, MN is $3,073.

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