111 8th Ave SE
RochesterMN55904
Cheap Homes for Rent in Elgin, MN from $1,000 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Elgin.
2011 Viking Dr NW
RochesterMN55901
3422 19th Ave NW
RochesterMN55901
207 5th Ave SW
RochesterMN55902
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.
5983 Sandcherry Pl NW
RochesterMN55901
725 7th St NW
RochesterMN55901
617 12th St SE
RochesterMN55904
3244 Marion Rd SE
RochesterMN55904
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.
1014 15th St NE
RochesterMN55906
Showing Results 1-9, 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 | $1,563 | $1,085 | $1,950 |
| Elgin 3 Bedroom Homes for Rent | $1,845 | $1,300 | $2,550 |
| Elgin 4 Bedroom Homes for Rent | $2,070 | $1,895 | $2,300 |
| Elgin 5 Bedroom Homes for Rent | $2,312 | $2,000 | $2,900 |
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 Studio unit found at The Beacon in the Meadow Park neighborhood priced from $900. The Gates of Rochester in the Northwest Rochester neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $958. Here is today’s list of the most affordable Elgin apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Beacon | Studio | Studio,1BA | $900 |
| The Gates of Rochester | Carlyle | 1BR,1BA | $958 |
| Homestead Village Townhomes | 2 Bedroom 1 Bathroom | 2BR,1BA | $975 |
Best Value Apartments for Rent in Elgin, MN and Nearby
As of January 26, 2026 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 Pemberton Model at Winchester Apartments & Townhomes starting at $1,575 with a $1.26 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 |
| Winchester Apartments & Townhomes | Pemberton | 3BR,1.5BA | $1.26 |
| Georgetowne Homes | 2 Bedroom | 2BR,2BA | $1.13 |
| 1st Avenue Flats | 2 Bedroom | 2BR,2BA | $1.50 |
| Green Arbor Commons | 2 Beds, 1 bath | 2BR,1BA | $1.05 |
| TwentyFirst Ave | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.49 |
| Olympik Village Apartments | Ares | 2BR,1BA | $1.27 |
| Homestead Village Townhomes | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.18 |
| The Riverview | 1 Bed | 1BR,1BA | $1.63 |
| The Gates of Rochester | Carlyle | 1BR,1BA | $1.35 |
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 ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elgin ranging from $1,085 to $2,900.
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 $1,085 to $2,900 with an average monthly rent of $1,847.
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
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
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.