501 1st St W
NorthfieldMN55057
Cheap Homes for Rent in Elko, MN from $1,400 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Elko.
12655 Garner Way
St. PaulMN55124
20577 Erin Ct
FarmingtonMN55024
3315 Skyview Dr
BurnsvilleMN55337
513 Tamarack Trl
FarmingtonMN55024
993 Oriole Dr
Apple ValleyMN55124
12710 Granger Ct
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.
7255 126th St W
St. PaulMN55124
12585 Gavotte Ave
St. PaulMN55124
7155 126th St W
St. PaulMN55124
220 1st St
FarmingtonMN55024
141 Anthony Dr
LakevilleMN55044
15531 Flyboat Ln
Apple ValleyMN55124
503 Juliet Dr
LakevilleMN55044
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.
Showing Results 1-14, 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 a home in Elko?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elko 2 Bedroom Homes for Rent | $2,034 | $1,450 | $3,300 |
| Elko 3 Bedroom Homes for Rent | $2,406 | $1,850 | $3,900 |
| Elko 4 Bedroom Homes for Rent | $2,958 | $2,300 | $3,950 |
| Elko 5 Bedroom Homes for Rent | $2,495 | $2,495 | $2,495 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Elko, MN Local Guide
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Cheapest Available Elko Apartments for Rent and Nearby
The cheapest available apartment rental in Elko, MN is a 2 Beds unit found at Northfield Estates in the Wood Hill neighborhood priced from $952. Riverview Manor in the Green Meadows neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here is today’s list of the most affordable Elko apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Northfield Estates | COMING SOON | 2BR,1BA | $952 |
| Riverview Manor | 1 BD 1 BA | 1BR,1BA | $1,000 |
| Hidden Valley Apartments | ** COMING SOON ** | 2BR,1BA | $1,010 |
| Southwind Village | S1 | Studio,1BA | $1,155 |
| Timberfield Apartments | Studio-Loft C | Studio,1BA | $1,260 |
Best Value Apartments for Rent in Elko, MN and Nearby
As of March 24, 2026 the best value apartment in the Elko area is the $1.67 price per square foot 2 Bedroom Model at Mosaic Apartments in the in the Green Meadows neighborhood starting from $1,900. The second greatest value Elko apartment is the Willow C Model at Lakeville Woods starting at $1,810 with a $1.61 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 | 2 Bedroom | 2BR,2BA | $1.67 |
| Lakeville Woods | Willow C | 1BR,1BA | $1.61 |
| The Edison at Avonlea | LAMARR II (ACC) | 2BR,2BA | $1.77 |
| The Oaks of Lakeville | 2 BD / 1.5 BA | 2BR,1.5BA | $1.45 |
| Creekside Commons Apartments | 2BR/1.0BA | 2BR,1BA | $1.73 |
| Hidden Valley Apartments | ** COMING SOON ** | 2BR,1BA | $1.11 |
| Dundas Apartments | 2 bed, 1 bath | 2BR,1BA | $1.78 |
| Maple Trails Apartments | ** COMING SOON ** | 2BR,1BA | $1.61 |
| Northfield Estates | COMING SOON | 2BR,1BA | $1.19 |
| Riverview Manor | 1 BD 1 BA | 1BR,1BA | $1.28 |
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.
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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.
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
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Frequently Asked Questions about Elko
What type of rentals are currently available in Elko?
There are currently 42 Apartments for Rent in Elko, MN with pricing that ranges from $831 to $2,928. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elko ranging from $1,450 to $3,950.
What is the current price range for Rental Homes in Elko?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Elko ranges from $1,450 to $3,950 with an average monthly rent of $2,473.
How much are larger Three and Four Bedroom Rentals in Elko?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Elko range from $1,755 to $2,928, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,850 to $3,900. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $2,500.
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
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.
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.