
Cheap 2 Bedroom Apartments for Rent in Elko, MN from $1,010 (42 Rentals)


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Hidden Valley Apartments

Riverview Manor

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Southwind Village

Centennial & Heritage Apartments

Maple Trails Apartments

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The Oaks of Lakeville

Timberfield Apartments
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

The Village at Five Hawks

Hearthwood Apartments

LakeVillage Apartments

Courtwood Village I

Marion Crossing

Dundas Apartments

Market Village Senior Residence 55+

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Creekside Commons Apartments
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.

Courtwood Village 2

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The Grainwood Senior Apartments

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Rye Apartments

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Authentix Lakeville

Old Town Apartments

Arris Lakeville

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Springs at Lakeville

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The Overlook at Crystal Lake
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.

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SouthFork Townhomes + Flats

Mosaic Apartments

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The Murphy

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Lakeside Flats

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The Edison at Avonlea

Lakeville Woods

Kraewood Flats - Rent Special

North Oak Apartments
The Art of the Rental Viewing: What to look for during a property tour
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.

Kestrel Village Apartments

501 1st St W

12655 Garner Way

20577 Erin Ct

3315 Skyview Dr

993 Oriole Dr

9830 Upper 161st St W

220 1st St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

20660 Holyoke Ave

15758 Flackwood Ave
Elko, MN Local Guide

How much does it cost to rent an apartment in Elko?
| 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 |
Browse Top Apartments in Elko
See all Apartments in ElkoExplore Elko
Elko, MN Local Guide
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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
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 ArticleDon'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 ArticleThe 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Elko, MN Rentals by Map
See the most popular apartments and homes in Elko, MN
Frequently Asked Questions about Cheap Elko Apartments
What is the Cheapest Studio apartment in Elko?
Currently the most affordable Cheap Studio Apartment in Elko is at Hidden Valley Apartments listed at $1,010.
How much is rent for a Cheap One Bedroom Elko Apartment?
The lowest price for a Cheap One Bedroom Elko Apartment is $1,010 at Hidden Valley Apartments.
What is the lowest price for a Cheap Two Bedroom Elko Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Elko is starting from $1,010 at Hidden Valley Apartments.
What is the most affordable Elko Three Bedroom Apartment?
The best deal on a cheap Elko Three Bedroom Apartment rental is at Hidden Valley Apartments and starts from $1,010.
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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
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.

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.