Cheap Homes for Rent in Elgin, MN from $1,000 (7 Rentals)

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Search the lowest-cost Homes available for rent right now in Elgin.

property at 111 8th Ave SE

111 8th Ave SE

RochesterMN55904
property at 311 Division St

311 Division St

MillvilleMN55957
property at 2114 Valleyhigh Dr NW

2114 Valleyhigh Dr NW

RochesterMN55901

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.

property at 1107 5th Ave NW

1107 5th Ave NW

RochesterMN55901
property at 120 11th St NW

120 11th St NW

RochesterMN55901
property at 535 19th St NW

535 19th St NW

RochesterMN55901

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.

property at 10 8th St NE

10 8th St NE

RochesterMN55906

Elgin, MN Local Guide

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 $984. Winchester Apartments & Townhomes in the Northwest Rochester neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,035. Here is today’s list of the most affordable Elgin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Gates of RochesterCarlyle1BR,1BA$984
Winchester Apartments & TownhomesOHara1BR,1BA$1,035
Rochester Heights1 Bedroom B1BR,1BA$1,049

Best Value Apartments for Rent in Elgin, MN and Nearby

As of October 31, 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 $1,795 with a $1.32 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Broadway Plaza - Mayo Clinic2BR2BR,2.5BA$1.07
Georgetowne Homes3 Bedroom3BR,2BA$1.32
Falcon Heights Townhomes2 Bed, 2.5 Bath2BR,2.5BA$1.66
Avani LivingTwo Bedroom A2BR,2BA$1.53
1st Avenue Flats2 Bedroom2BR,2BA$1.50
Green Arbor Commons2 Beds, 1 bath2BR,1BA$1.05
TwentyFirst Ave2 Bedroom 1 Bathroom2BR,1BA$1.49
Civic Square ApartmentsTwo Bedroom - 883 Sq. Ft.2BR,2BA$1.66
The Gates of RochesterCarlyle1BR,1BA$1.39
Winchester Apartments & TownhomesOHara1BR,1BA$1.48

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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
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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.

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Quick Rent Budget Calculator

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elgin ranging from $1,050 to $2,850.

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 $1,050 to $2,850 with an average monthly rent of $1,907.

How much are larger Three and Four Bedroom Rentals in Elgin?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Elgin range from $1,115 to $2,465, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,575 to $2,550. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $1,900.

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.