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$631 - $1,465
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Contact Us For AvailabilityMarket Village Senior Residence 55+
100-110 J Roberts WayElko New Market, MN 55054
Cheap Apartments for Rent in Elko, MN from $600 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in Elko.
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$900
Plus Fees
1 Bedroom Apartments Available NowWoodridge Apartments
1900-1960 Roosevelt DrNorthfield, MN 55057
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$935
Plus Fees
2 Bedroom Apartments Available NowNorthfield Estates
710-740 N Highway 3Northfield, MN 55057
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.
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$975 - $1,100
Plus Fees
1 to 2 Bedroom Apartments Available Nov 8Riverview Manor
500 Woodley St WNorthfield, MN 55057
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$1,000
Plus Fees
2 Bedroom Apartments Available NowHidden Valley Apartments
1370 Heritage DrNorthfield, MN 55057
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$1,103 - $4,467
Plus Fees
Studio to 3 Bedroom Apartments Available NowSouthwind Village
15025 Greenhaven DrBurnsville, MN 55306
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Rent Specials
$1,131 - $2,000
Plus Fees
Studio to 1 Bedroom Apartments Available Now5th Street Lofts
116 5th St ENorthfield, MN 55057
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$1,150 - $1,250
Plus Fees
1 to 2 Bedroom Apartments Available NowCentennial & Heritage Apartments
1337 Centennial DrFarmington, MN 55024
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Rent Specials
$1,199 - $1,673
Plus Fees12 Month Lease Term
2 to 3 Bedroom Apartments Available NowKestrel Village Apartments
16650 Brunswick AvePrior Lake, MN 55372
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$1,265 - $1,565
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,250 - $1,550
Required Monthly Fees
$15
Total Monthly Price
$1,265 - $1,565
The Oaks of Lakeville
20464 Iberia AveLakeville, MN 55044
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$1,272 - $2,110
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,212 - $2,050
Required Monthly Fees
$60
Total Monthly Price
$1,272 - $2,110
Kraewood Flats - Rent Special
801 Kraewood DrNorthfield, MN 55057
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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$1,275 - $3,280
Plus Fees
Studio to 3 Bedroom Apartments Available NowSprings at Lakeville
17400 Glacier WayLakeville, MN 55044
Showing Results 1-12, Page 1 of 1
Elko, MN Local Guide
Sunrise with the sunflowers by Lorie Shaull is licensed under CC BY 2.0
How much does it cost to rent an apartment in Elko?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elko Studio Apartments | $1,415 | $1,103 | $1,705 |
| Elko 1 Bedroom Apartments | $1,568 | $631 | $2,145 |
| Elko 2 Bedroom Apartments | $1,915 | $935 | $2,445 |
| Elko 3 Bedroom Apartments | $2,429 | $1,673 | $2,933 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Elko
See all Apartments in ElkoExplore Elko
Elko, MN Local Guide
- Nearby Cities
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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 $900. Northfield Estates in the Wood Hill 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 Elko apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Woodridge Apartments | ** COMING SOON ** Surround yourself with nature. | 1BR,1BA | $900 |
| Northfield Estates | COMING SOON | 2BR,1BA | $935 |
| Hidden Valley Apartments | ** COMING SOON ** | 2BR,1BA | $1,000 |
| Southwind Village | S1 | Studio,1BA | $1,103 |
| Centennial & Heritage Apartments | 1 bedroom | 1BR,1BA | $1,150 |
Best Value Apartments for Rent in Elko, MN and Nearby
As of September 07, 2025 the best value apartment in the Elko area is the $1.72 price per square foot 202 Model at Mosaic Apartments in the in the Green Meadows neighborhood starting from $2,300. The second greatest value Elko apartment is the Willow A Model at Lakeville Woods starting at $1,718 with a $1.63 price per square foot in the Donnelly Farm neighborhood. Here is today’s list of the best values for Elko apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Mosaic Apartments | 202 | 3BR,2BA | $1.72 |
| Lakeville Woods | Willow A | 1BR,1BA | $1.63 |
| Kestrel Village Apartments | 2 bed 1 bath | 2BR,1BA | $1.31 |
| Hidden Valley Apartments | ** COMING SOON ** | 2BR,1BA | $1.10 |
| Maple Trails Apartments | ** COMING SOON ** | 2BR,1BA | $1.61 |
| Centennial & Heritage Apartments | 1 bedroom | 1BR,1BA | $1.41 |
| Northfield Estates | COMING SOON | 2BR,1BA | $1.17 |
| The Oaks of Lakeville | 1 BD / 1 BA | 1BR,1BA | $1.62 |
| Creekside Commons Apartments | 1BR/1.0BA | 1BR,1BA | $1.74 |
| Woodridge Apartments | ** COMING SOON ** Surround yourself with nature. | 1BR,1BA | $1.34 |
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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 Southwind Village listed at $1,103.
How much is rent for a Cheap One Bedroom Elko Apartment?
The lowest price for a Cheap One Bedroom Elko Apartment is $900 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 $935 at Northfield Estates.
What is the most affordable Elko Three Bedroom Apartment?
The best deal on a cheap Elko Three Bedroom Apartment rental is at Dundas Apartments and starts from $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.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.