
Studio Apartments for Rent in Elko, MN (15 Rentals)


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The Murphy

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Northlake Lofts

The Emery

Arris Lakeville
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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.

Total Monthly Price
Authentix Lakeville

Total Monthly Price
Springs at Lakeville

Timberfield Apartments

5th Street Lofts -

Kraewood Flats - Rent Special
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Hidden Valley Apartments

Total Monthly Price
Southwind Village

Northfield Estates

Lakeside Flats

Parkwood Apartments
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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 | $1,445 | $810 | $1,898 |
| Elko 1 Bedroom Apartments | $1,640 | $831 | $1,990 |
| Elko 2 Bedroom Apartments | $1,933 | $1,010 | $2,514 |
| Elko 3 Bedroom Apartments | $2,306 | $1,673 | $3,512 |
| Elko 4 Bedroom Apartments | $2,500 | $2,500 | $2,500 |
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Elko, MN Local Guide
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Largest Available Elko and Nearby Studio Apartments
The largest available Studio apartment unit in Elko, MN is found at Northlake Lofts in the Donnelly Farm neighborhood and is 666 square feet priced from $1,573. Springs at Lakeville has the second largest Studio, which is sized at 662 square feet and currently listed start at $1,498. Here is today’s list of the largest available Studio units in Elko:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Northlake Lofts | Swan | 666 Sq Ft | $1,573 |
| Springs at Lakeville | Studio Grand Overlook | 662 Sq Ft | $1,498 |
| Timberfield Apartments | Studio-Loft D | 641 Sq Ft | $1,330 |
| The Overlook at Crystal Lake | S1 | 606 Sq Ft | $1,525 |
| Authentix Lakeville | Studio Retreat Overlook | 596 Sq Ft | $1,521 |
Cheapest Available Elko and Nearby Studio Apartments
As of January 21, 2026 the lowest priced Studio apartment unit in Elko, MN is the Studio - affordable Model starting from $1,131 at 5th Street Lofts - in the Green Meadows neighborhood. The second most affordable Elko Studio is the Studio-Loft C Model at Timberfield Apartments starting at $1,290 . The average price for all Studio apartments in Elko is currently $1,445. Here is today’s list of the cheapest available Studio options in Elko:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| 5th Street Lofts - | Studio - affordable | $1,131 |
| Timberfield Apartments | Studio-Loft C | $1,290 |
| The Overlook at Crystal Lake | S3 | $1,443 |
| Authentix Lakeville | Studio Horizon Overlook | $1,485 |
| Lakeside Flats | Amber - Alcove | $1,488 |
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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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 Studio Elko Apartments
What is the Cheapest apartment in Elko with Studio?
Currently the most affordable Studio in Elko is at 5th Street Lofts - listed at $1,131.
How much is the average rent for a Studio Elko Apartment?
The average rent for a Studio Apartment in Elko is $1,445.
What is the largest available Studio Elko Apartment for rent?
Today's apartment with the most square footage in Elko is a 666 square feet unit starting from $1,573 at Northlake Lofts.
What is the average size for Elko Studio Apartments for rent?
The average size for a Studio rental in Elko is currently 573 sq ft.
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

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!