Cheap Apartments for Rent in Elba, MN from $400 (14 Rentals)

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Search the lowest-cost Apartments available for rent right now in Elba.

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Elba, MN Local Guide

Cheapest Available Elba Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elba, MN is a Studio unit found at Key Randall Apartments priced from $525. Lakeview Manor Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here is today’s list of the most affordable Elba apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Key Randall ApartmentsStudio, 1 bathStudio,1BA$525
Lakeview Manor ApartmentsStudioStudio,1BA$725
River's EdgeOne Bedroom1BR,1BA$750
Golfview Crossing ApartmentsOne Bedroom1BR,1BA$929
Washington Crossing1 Bedroom1BR,1BA$995

Best Value Apartments for Rent in Elba, MN and Nearby

As of July 06, 2025 the best value apartment in the Elba area is the $1.07 price per square foot 2BR Model at Broadway Plaza - Mayo Clinic in the in the Meadow Park neighborhood starting from $1,700. The second greatest value Elba apartment is the 3bed/2bathroom Model at The Riverview starting at $1,600 with a $1.27 price per square foot in the Meadow Park neighborhood. Here is today’s list of the best values for Elba apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Broadway Plaza - Mayo Clinic2BR2BR,2.5BA$1.07
The Riverview3bed/2bathroom3BR,2BA$1.27
Country Valley16x723BR,2BA$0.86
Fairway Woods ApartmentsTwo Bedroom2BR,1BA$1.13
Olympik Village ApartmentsAres2BR,1BA$1.17
Northern Valley Apartments2 Bed /1 bath **1st Floor**2BR,1BA$1.50
Washington Crossing1 Bedroom1BR,1BA$1.34
The Midtown ApartmentsTwo Bed One Bath2BR,1BA$1.56
River's EdgeOne Bedroom1BR,1BA$1.11
Golfview Crossing ApartmentsOne Bedroom1BR,1BA$1.39

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Getting Around Elba, MN

Walk Score®

3 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

1 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Elba Apartments

What is the Cheapest Studio apartment in Elba?

Currently the most affordable Cheap Studio Apartment in Elba is at Key Randall Apartments listed at $525.

How much is rent for a Cheap One Bedroom Elba Apartment?

The lowest price for a Cheap One Bedroom Elba Apartment is $750 at River's Edge.

What is the lowest price for a Cheap Two Bedroom Elba Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Elba is starting from $850 at River's Edge.

What is the most affordable Elba Three Bedroom Apartment?

The best deal on a cheap Elba Three Bedroom Apartment rental is at Country Valley and starts from $995.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.