1107 5th Ave NW
RochesterMN55901
Cheap Homes for Rent in Elgin, MN from $1,000 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Elgin.
311 Division St
MillvilleMN55957
111 8th Ave SE
RochesterMN55904
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
2114 Valleyhigh Dr NW
RochesterMN55901
1422 2nd St SE
RochesterMN55904
1507 5th Ave NE
RochesterMN55906
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.
Showing Results 1-6, Page 1 of 1
Elgin, MN Local Guide
Sunrise with the sunflowers by Lorie Shaull is licensed under CC BY 2.0
How much does it cost to rent a home in Elgin?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elgin 2 Bedroom Homes for Rent | $1,579 | $1,085 | $2,000 |
| Elgin 3 Bedroom Homes for Rent | $1,993 | $1,050 | $3,300 |
| Elgin 4 Bedroom Homes for Rent | $2,135 | $1,800 | $2,900 |
| Elgin 5 Bedroom Homes for Rent | $2,166 | $2,000 | $2,400 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Elgin
Explore Elgin
Elgin, MN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Elgin Apartments for Rent and Nearby
The cheapest available apartment rental in Elgin, MN is a 1 Bed unit found at The Gates of Rochester in the Northwest Rochester neighborhood priced from $989. Rochester Heights in the Northwest Rochester neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,049. Here is today’s list of the most affordable Elgin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Gates of Rochester | Carlyle | 1BR,1BA | $989 |
| Rochester Heights | 1 Bedroom B | 1BR,1BA | $1,049 |
| Green Arbor Commons | 2 Beds, 1 bath | 2BR,1BA | $1,050 |
Best Value Apartments for Rent in Elgin, MN and Nearby
As of December 19, 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 River Glen starting at $1,900 with a $1.36 price per square foot in the North 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 |
| River Glen | 3 Bedroom | 3BR,2BA | $1.36 |
| Georgetowne Homes | 3 Bedroom | 3BR,2BA | $1.14 |
| Winchester Apartments & Townhomes | Pemberton | 3BR,1.5BA | $1.26 |
| Falcon Heights Townhomes | 2 Bed, 2.5 Bath | 2BR,2.5BA | $1.66 |
| Olympik Village Apartments | Apollo | 3BR,2BA | $1.20 |
| Green Arbor Commons | 2 Beds, 1 bath | 2BR,1BA | $1.05 |
| Essex Place | One Bedroom - Finch | 1BR,1BA | $1.54 |
| The Gates of Rochester | Carlyle | 1BR,1BA | $1.39 |
| Rochester Heights | 1 Bedroom A | 1BR,1BA | $1.67 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read Article
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Let everyone know!
Do you know the Elgin area?
If you’re an expert on all things Elgin, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Elgin, MN Rentals by Map
See the most popular apartments and homes in Elgin, MN
Frequently Asked Questions about Elgin
What type of rentals are currently available in Elgin?
There are currently 40 Apartments for Rent in Elgin, MN with pricing that ranges from $775 to $3,300. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elgin ranging from $1,000 to $3,300.
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 $1,000 to $3,300 with an average monthly rent of $1,774.
Expert Rental Resources
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.
Articles, How-To's, and Tips
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.