
Cheap Homes for Rent in Elgin, MN from $1,100 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Elgin.


4049 18th Ave NW

32 11th St NW

1309 3rd St NE
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

1513 4th St NE

1800 43rd St NW

707 11th Ave NE

2841 19th Ave NW
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.

1308-3 1/2 3 1/2 St SE
Elgin, MN Local Guide

How much does it cost to rent a home in Elgin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Elgin 2 Bedroom Homes for Rent | $1,430 | $1,245 | $2,000 |
Elgin 3 Bedroom Homes for Rent | $1,897 | $1,650 | $2,200 |
Elgin 4 Bedroom Homes for Rent | $2,449 | $1,950 | $3,000 |
Browse Top Homes for Rent in Elgin
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Elgin, MN Local Guide
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Cheapest Available Elgin Apartments for Rent and Nearby
 The cheapest available apartment rental in Elgin, MN is a Studio unit found at The Beacon in the Meadow Park neighborhood priced from $900. Winchester Apartments & Townhomes in the Northwest Rochester neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $985. Here is today’s list of the most affordable Elgin apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Beacon | Micro Studio | Studio,1BA | $900 |
Winchester Apartments & Townhomes | OHara | 1BR,1BA | $985 |
The Midtown Apartments | One Bed One Bath | 1BR,1BA | $995 |
Best Value Apartments for Rent in Elgin, MN and Nearby
As of July 27, 2025 the best value apartment in the Elgin 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 Elgin apartment is the 3 Bedroom Model at Georgetowne Homes starting at $1,600 with a $1.18 price per square foot in the Northwest Rochester neighborhood. Here is today’s list of the best values for Elgin 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 |
Georgetowne Homes | 3 Bedroom | 3BR,2BA | $1.18 |
The Riverview | 3bed/2bathroom | 3BR,2BA | $1.35 |
Falcon Heights Townhomes | 1 Bed, 1.5 Bath, Plus Den | 2BR,1.5BA | $1.61 |
1st Avenue Flats | 2 Bedroom | 2BR,2BA | $1.47 |
Civic Square Apartments | Two Bedroom - 883 Sq. Ft. | 2BR,2BA | $1.66 |
Olympik Village Apartments | Ares | 2BR,1BA | $1.17 |
Homestead Village Townhomes | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.36 |
Winchester Apartments & Townhomes | OHara | 1BR,1BA | $1.41 |
The Midtown Apartments | Two Bed One Bath | 2BR,1BA | $1.54 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Elgin
What type of rentals are currently available in Elgin?
There are currently 38 Apartments for Rent in Elgin, MN with pricing that ranges from $900 to $5,599. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elgin ranging from $1,195 to $3,000.
What is the current price range for Rental Homes in Elgin?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Elgin ranges from $1,195 to $3,000 with an average monthly rent of $1,801.
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.

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.

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.