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.
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elko Studio Apartments | $1,427 | $1,131 | $1,593 |
Elko 1 Bedroom Apartments | $1,626 | $831 | $2,020 |
| Elko 2 Bedroom Apartments | $1,944 | $1,010 | $2,800 |
| Elko 3 Bedroom Apartments | $2,703 | $1,755 | $3,550 |
| Elko 4 Bedroom Apartments | $3,980 | $3,950 | $4,100 |
The largest available 1 Bedroom apartment unit in Elko, MN is found at Lakeville Woods in the Donnelly Farm neighborhood and is 1,121 square feet priced from $1,810. Rye Apartments in the Wood Hill neighborhood has the second largest 1 Bedroom, which is sized at 940 square feet and currently listed start at $1,851. Here is today’s list of the largest available 1 Bedroom units in Elko:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Lakeville Woods | Willow C | 1,121 Sq Ft | $1,810 |
| Rye Apartments | Oklon | 940 Sq Ft | $1,851 |
| Springs at Lakeville | 1 BR Designer Overlook | 907 Sq Ft | $1,736 |
| Bohemia Flats | One Bedroom + Den | 897 Sq Ft | $1,825 |
| The Murphy | The Sable | 886 Sq Ft | $1,869 |
| The Grainwood Senior Apartments | One Bedroom - F | 868 Sq Ft | $1,395 |
| Southwind Village | A2 | 850 Sq Ft | $1,361 |
| Spero Senior Living | Pepin | 849 Sq Ft | $1,725 |
| The Overlook at Crystal Lake | A5 | 849 Sq Ft | $1,835 |
| The Emery Apartments | One Bedroom | 801 Sq Ft | $1,800 |
As of April 22, 2026 the lowest priced 1 Bedroom apartment unit in Elko, MN is the A1 Model starting from $1,341 at Southwind Village in the Oak Shores neighborhood. The second most affordable Elko 1 Bedroom is the B - 1 Bed 1 Bath Model at Old Town Apartments starting at $1,350 in the Wood Hill neighborhood. The average price for all 1 Bedroom apartments in Elko is currently $1,626. Here is today’s list of the cheapest available 1 Bedroom options in Elko:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Southwind Village | A1 | $1,341 |
| Old Town Apartments | B - 1 Bed 1 Bath | $1,350 |
| Courtwood Village I | 1 Bed/ 1 Bath Model A | $1,359 |
| The Grainwood Senior Apartments | One Bedroom - F | $1,395 |
| Bohemia Flats | One Bedroom One Bathroom | $1,400 |
| Courtwood Village 2 | 1 Bed/1 Bath | $1,429 |
| LakeVillage Apartments | Lake Village 700 Square Feet | $1,455 |
| Authentix Lakeville | 1 BR Premier Horizon Summit | $1,498 |
| Mosaic Apartments | 1 Bedroom | $1,500 |
| SouthFork Townhomes + Flats | A1R | $1,501 |
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDiscover 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 ArticleMoving 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 ArticleDiscover 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 ArticleThe 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.
If you’re an expert on all things Elko, tell us what you love (and don't) by rating it and writing a review.
Write a ReviewSee the most popular apartments and homes in Elko, MN
Currently the most affordable 1 Bedroom in Elko is at Southwind Village listed at $1,341.
The average rent for a 1 Bedroom Apartment in Elko is $1,626.
Today's apartment with the most square footage in Elko is a 1,121 square feet unit starting from $1,810 at Lakeville Woods.
The average size for a 1 Bedroom rental in Elko is currently 760 sq ft.
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.
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
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.
We'll check your Elko review to ensure it meets our Review Guidelines.
Thank you!
