Cheap Apartments for Rent near Elko, MN from $910 (47 Rentals)

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Northfield Estates
$1,077

Total Monthly Price

Base Rent$1,060
Required Monthly Fees$17

Total Monthly Price$1,077
2 Bedroom Apartments Contact Us For Availability

Northfield Estates

710-740 N Highway 3Northfield, MN 55057
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Southwind Village
Rent Specials
$1,216 - $2,391

Total Monthly Price

Base Rent$1,216 - $2,391

Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Now

Southwind Village

15025 Greenhaven DrBurnsville, MN 55306
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The Oaks of Lakeville
Rent Specials
$1,250 - $1,595

Total Monthly Price

Base Rent$1,250 - $1,595

Total Monthly PriceVaries
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

The Oaks of Lakeville

20464 Iberia AveLakeville, MN 55044
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  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Authentix Lakeville
Rent Specials
$1,378 - $2,498

Total Monthly Price

Base Rent$1,232 - $2,352
Required Monthly FeesVaries

Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Now

Authentix Lakeville

11656 207th St WLakeville, MN 55044
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Mosaic Apartments
$1,400 - $2,250

Total Monthly Price

Base Rent$1,400 - $2,250

Total Monthly Price$1,400 - $2,250
12 Month Lease Term
Studio to 3 Bedroom Apartments Available Now

Mosaic Apartments

1400 Heritage DrNorthfield, MN 55057
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Arris Lakeville
Rent Specials
$1,406 - $2,672

Total Monthly Price

Base Rent$1,383 - $2,649
Required Monthly FeesVaries

Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Now

Arris Lakeville

10805 173rd St WLakeville, MN 55044
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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The Overlook at Crystal Lake
Rent Specials
$1,435 - $2,775

Total Monthly Price

Base Rent$1,425 - $2,765
Required Monthly Fees$10

Total Monthly Price$1,435 - $2,775
12 Month Lease Term
Studio to 3 Bedroom Apartments Available Now

The Overlook at Crystal Lake

15315 Maple Island RdBurnsville, MN 55306
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Lakeville Woods
$1,476 - $4,771

Total Monthly Price

Base Rent$1,476 - $4,771

Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Now

Lakeville Woods

18351 Kenyon AveLakeville, MN 55044
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SouthFork Townhomes Flats
$1,521 - $2,851

Total Monthly Price

Base Rent$1,510 - $2,840
Required Monthly FeesVaries

Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

SouthFork Townhomes Flats

17956 Jubilee WayLakeville, MN 55044
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Rye Apartments
Rent Specials
$1,540 - $2,260

Total Monthly Price

Base Rent$1,540 - $2,260

Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Rye Apartments

21401 Dushane PkyFarmington, MN 55024
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Springs at Lakeville
Rent Specials
$1,545 - $2,707

Total Monthly Price

Base Rent$1,399 - $2,561
Required Monthly FeesVaries

Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Now

Springs at Lakeville

17400 Glacier WayLakeville, MN 55044
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Northlake Lofts
$1,553 - $2,738

Total Monthly Price

Base Rent$1,500 - $2,685
Required Monthly Fees$53

Total Monthly Price$1,553 - $2,738
12 Month Lease Term
Studio to 3 Bedroom Apartments Available Now

Northlake Lofts

18400 Orchard TrlLakeville, MN 55044
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Lakeside Flats
Rent Specials
$1,614 - $2,853

Total Monthly Price

Base Rent$1,556 - $2,795
Required Monthly Fees$58

Total Monthly Price$1,614 - $2,853
1 to 3 Bedroom Apartments Available Now

Lakeside Flats

16255 Kenyon AveLakeville, MN 55044
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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.

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The Edison at Avonlea
Rent Specials
$1,646 - $2,099

Total Monthly Price

Base Rent$1,638 - $2,091
Required Monthly FeesVaries

Total Monthly PriceVaries
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

The Edison at Avonlea

7255 181st St WLakeville, MN 55044
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property at 501 1st St W
$875

Total Monthly Price

Base Rent$875

Total Monthly Price$875
Studio, 1 Bath Home for Rent
Available Now

501 1st St W

NorthfieldMN55057
property at 16505 Timber Crest Dr SE
$1,699

Total Monthly Price

Base Rent$1,699

Total Monthly Price$1,699
2 Bedroom, 1.5 Bath Townhome for Rent
Available Now

16505 Timber Crest Dr SE

Prior LakeMN55372
property at 14534 Lockslie Trail
$1,700

Total Monthly Price

Base Rent$1,700

Total Monthly Price$1,700
12 Month Lease Term
2 Bedroom, 2 Bath Townhome for Rent
Available Oct 1
property at 308 Caesar St
$1,850

Total Monthly Price

Base Rent$1,850

Total Monthly Price$1,850
3 Bedroom, 2 Bath Home for Rent
Available Now
Affordability

308 Caesar St

LakevilleMN55044
property at 12710 Granger Ct
$1,850

Total Monthly Price

Base Rent$1,850

Total Monthly Price$1,850
12 Month Lease Term
3 Bedroom, 2 Bath Home for Rent
Available Now

12710 Granger Ct

St. PaulMN55124
property at 7255 126th St W
$1,850

Total Monthly Price

Base Rent$1,850

Total Monthly Price$1,850
12 Month Lease Term
3 Bedroom, 2 Bath Home for Rent
Available Now

7255 126th St W

St. PaulMN55124

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 12585 Gavotte Ave
$1,850

Total Monthly Price

Base Rent$1,850

Total Monthly Price$1,850
3 Bedroom, 2 Bath Home for Rent
Available Now

12585 Gavotte Ave

St. PaulMN55124
property at 7155 126th St W
$1,850

Total Monthly Price

Base Rent$1,850

Total Monthly Price$1,850
12 Month Lease Term
3 Bedroom, 2 Bath Home for Rent
Available Now

7155 126th St W

St. PaulMN55124

Elko, MN Local Guide

Cheapest Available Elko Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elko, MN is a 1 Bed unit found at Woodridge Apartments in the Green Meadows neighborhood priced from $910. Parkwood Apartments in the Downtown Prior Lake neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,065. Here is today’s list of the most affordable Elko apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Woodridge Apartments** COMING SOON ** Surround yourself with nature.1BR,1BA$910
Parkwood Apartments1 and 2 bedStudio,$1,065
Southwind VillageA11BR,1BA$1,216
Timberfield ApartmentsStudio-Loft DStudio,1BA$1,300
Centennial & Heritage Apartments2 BD/1 BA (785)2BR,1BA$1,350
Mosaic ApartmentsStudioStudio,1BA$1,400
Bohemia FlatsOne Bedroom One Bathroom1BR,1BA$1,400
Arris LakevilleOakStudio,1BA$1,406
The Overlook at Crystal LakeS1Studio,1BA$1,435
Authentix LakevilleStudio Horizon CourtyardStudio,1BA$1,440

Best Value Apartments for Rent in Elko, MN and Nearby

As of September 07, 2026 the best value apartment in the Elko area is the $1.69 price per square foot The Highview - Single Family Home Model at Wildwood Lakeville - NOW OPEN! in the in the Timbercrest At Lakeville neighborhood starting from $4,508. The second greatest value Elko apartment is the C1 Tamarack Model at The Crossing at Ritter Meadows starting at $2,725 with a $1.71 price per square foot in the Wood Hill neighborhood. Here is today’s list of the best values for Elko apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Wildwood Lakeville - NOW OPEN!The Highview - Single Family Home4BR,2.5BA$1.69
The Crossing at Ritter MeadowsC1 Tamarack2BR,2.5BA$1.71
16075 Joplin Ave3 Bed/1 Bath3BR,1BA$1.40
The Oaks of Lakeville2 BD / 1.5 BA2BR,1.5BA$1.40
Courtwood Village 22 Bed/ 2 Bath2BR,2BA$1.74
Courtwood Village I2 Bed/ 1 Bath Model C2BR,1BA$1.71
Marion CrossingTwo Bedroom Flat2BR,1BA$1.78
The Grainwood Senior ApartmentsTwo Bedroom - A2BR,1BA$1.63
Lakeville WoodsBirch B1BR,1BA$1.74
Woodridge Apartments** COMING SOON ** Surround yourself with nature.1BR,1BA$1.36

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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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

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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 Parkwood Apartments listed at $1,065.

How much is rent for a Cheap One Bedroom Elko Apartment?

The lowest price for a Cheap One Bedroom Elko Apartment is $910 at Woodridge 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 $1,350 at Centennial & Heritage Apartments.

What is the most affordable Elko Three Bedroom Apartment?

The best deal on a cheap Elko Three Bedroom Apartment rental is at 16075 Joplin Ave and starts from $1,700.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.