523 E 5th St
WinonaMN55987
Cheap Homes for Rent in Elba, MN from $500 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Elba.
515 1/2 8th St SW
RochesterMN55902
17 6th Ave SE
RochesterMN55904
32 11th St NW
RochesterMN55901
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
1513 4th St NE
RochesterMN55906
4047 18th Ave NW
RochesterMN55901
415 10th St NW
RochesterMN55901
1008 8th Ave SE
RochesterMN55904
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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Elba, MN Local Guide
Road through Fall Colors by Tony Webster is licensed under CC BY 2.0
How much does it cost to rent a home in Elba?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elba 2 Bedroom Homes for Rent | $1,645 | $1,300 | $2,300 |
| Elba 3 Bedroom Homes for Rent | $2,115 | $1,300 | $3,500 |
| Elba 4 Bedroom Homes for Rent | $2,335 | $2,000 | $2,650 |
| Elba 5 Bedroom Homes for Rent | $1,750 | $500 | $3,000 |
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Elba, MN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Key Randall Apartments | Studio, 1 bath | Studio,1BA | $525 |
| Lakeview Manor Apartments | Studio | Studio,1BA | $725 |
| River's Edge | One Bedroom | 1BR,1BA | $750 |
Best Value Apartments for Rent in Elba, MN and Nearby
As of June 01, 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 16x80 Model at Country Valley starting at $1,095 with a $0.86 price per square foot . Here is today’s list of the best values for Elba apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Broadway Plaza - Mayo Clinic | 2BR | 2BR,2.5BA | $1.07 |
| Country Valley | 16x80 | 3BR,2BA | $0.86 |
| The Riverview | 3bed/2bathroom | 3BR,2BA | $1.33 |
| TwentyFirst Ave | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.40 |
| Olympik Village Apartments | Ares | 2BR,1BA | $1.14 |
| Homestead Village Townhomes | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.55 |
| Northern Valley Apartments | 2 Bed /1 bath **1st Floor** | 2BR,1BA | $1.56 |
| Fairway Woods Apartments | One Bedroom | 1BR,1BA | $1.23 |
| River's Edge | One Bedroom | 1BR,1BA | $1.11 |
| Golfview Crossing Apartments | One Bedroom | 1BR,1BA | $1.34 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Elba
What type of rentals are currently available in Elba?
There are currently 37 Apartments for Rent in Elba, MN with pricing that ranges from $400 to $3,300. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elba ranging from $500 to $3,500.
What is the current price range for Rental Homes in Elba?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Elba ranges from $500 to $3,500 with an average monthly rent of $1,850.
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.
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.
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.
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.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.