Cheap Homes for Rent in Elgin, MN from $900 (8 Rentals)

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

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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 Eastwood Manors in the Meadow Park neighborhood priced from $900. Colonial Apartments in the North Rochester neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $935. Here is today’s list of the most affordable Elgin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Eastwood Manors1BR/1.0BA1BR,1BA$900
Colonial Apartments2BR/1.5BA2BR,1BA$935
The Midtown ApartmentsOne Bed One Bath1BR,1BA$945

Best Value Apartments for Rent in Elgin, MN and Nearby

As of September 14, 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 $1,595 with a $1.17 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$1.17
The Riverview3bed/2bathroom3BR,2BA$1.27
1st Avenue Flats2 Bedroom2BR,2BA$1.50
Colonial Apartments2BR/1.5BA2BR,1.5BA$1.00
TwentyFirst Ave2 Bedroom 1 Bathroom2BR,1BA$1.49
Olympik Village ApartmentsAthena2BR,1.5BA$1.24
The Gates of RochesterCarlyle1BR,1BA$1.30
Winchester Apartments & TownhomesOHara1BR,1BA$1.41
Eastwood Manors1BR/1.0BA1BR,1BA$1.29

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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 $900 to $4,045. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elgin ranging from $995 to $2,950.

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 $995 to $2,950 with an average monthly rent of $2,061.

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 $1,135 to $2,645, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $2,100. Four Bedroom Single-Family rentals are also available starting from $1,950 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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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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.