Zumper
modified
Updated 3 Days Ago

Highlights

  • Air conditioning
  • Laundry facilities
  • Golf course
  • 24 hour maintenance
  • On site management
  • Bike racks

Location

17 5th Ave Ne, Elbow Lake, MN 56531, USA
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Contact

Management

Hornig Companies- M Video Limited Partnership

Leasing office

(218) 685-5223

Property Overview

Elmwood Terrace offers strong value, a high overall rating, and a well-rounded mix of amenities and convenience, including air conditioning, laundry facilities, 24-hour maintenance, on-site management, bike racks, and access to a golf course. It stands out for excellent price-to-value, a highly convenient location, and easy access to walkable areas, public transit, nearby dining, and local entertainment.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.3
Very Good
With a solid 8.3 out of 10 overall, Elmwood Terrace is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Elmwood Terrace has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Elementary school nearby
  • Less expensive

Great for

  • Eco living
  • Social life

Floor plans

2BR/1.0BA2 bed1 bath$600 /mo2 units availableFixed monthly charges: Electric paid to provider Minimum Liability Policy** $10.50 LLI Processing fee** $4.50 Optional Monthly Charges: 6 month lease: $75 9 month lease: $50 **Liability insurance fees are waived for renters that provide the Declaration page of their own Renter's Insurance Policy. See Hornig Companies fee disclosure for full details on all charges

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Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

Building details

Property details

Units16
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About Elmwood Terrace

Home Elmwood Terrace

Elmwood Terrace is located in beautiful Elbow Lake and is situated just miles from the golf course, swimming beaches, public boat launches, and great fishing! Our apartment community features on site management and 24 hour maintenance, laundry facilities, bike racks, and air conditioning all within blocks of historic downtown Elbow Lake. Come home to Elmwood Terrace!


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.3
/10
Very Good
With a solid 8.3 out of 10 overall, Elmwood Terrace is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Elmwood Terrace has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Elmwood Terrace
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Elmwood Terrace offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, Elmwood Terrace is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Elmwood Terrace is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Elmwood Terrace does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Elmwood Terrace provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

Elmwood Terrace is great for:

Eco living

  • 1 park within a mile
  • Public transit available nearby
  • You can get around by foot in this area

Social life

  • 2 restaurants within 1 mile of this property
  • Areas nearby are accessible by walking
  • 1 theater, music venue, or sports arena nearby
  • 1 museum, art gallery, or cultural center within 1 mile

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How Elmwood Terrace compares to other nearby properties.

Positives

Elementary school nearby
There is an elementary school 0.1 miles away
Less expensive
The 2-bedrooms are cheaper than other similar listings nearby

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Affordability calculator

Can I afford to live at 17 5th Ave Ne?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$24,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $24,000 annually to afford this 2-bedrooms monthly rent price of $600.
For more information on rent affordability, visit our rent calculator.

Schools near Elmwood Terrace

West Central Area North Elementary School

411 1st st se

elbow lake, MN, 56531

PK, K-4Public
A-
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Internet available near Elmwood Terrace

Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Elbow Lake near 17 5th Ave Ne

Walking

4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

8/10
This area is close to freeways and has adequate parking options.

Cycling

3/10
This is semi-bikeable, but you’ll need another way of getting around.

Points of interest for 17 5th Ave Ne, Elbow Lake

Groceries

3/10
Some groceries within a short drive

Shopping

2/10
Some shops within a short drive

Cafes

1/10
Few or no cafés within a short drive

Restaurants

3/10
Some restaurants within a short drive

Primary schools

10/10
At least one elementary school within a 5-minute walk

High schools

0/10
Closest high school further than a 30-minute walk

Nightlife

3/10
Some bars within a short drive

Explore the area around 17 5th Ave Ne

Mane Frame
1016 2nd St NE
Bargain Bazaar Thrift Store
28 Central Ave S

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