1000 Division St S
NorthfieldMN55057
Cheap Homes for Rent in Elko, MN from $1,200 (7 Rentals)
Cheap Homes in Elko.
501 1st St W
NorthfieldMN55057
12655 Garner Way
St. PaulMN55124
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.
12656 Garner Way
St. PaulMN55124
94 Viking Terrace
NorthfieldMN55057
804 3rd St
FarmingtonMN55024
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
6414 158th St W
Apple ValleyMN55124
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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 | $2,015 | $1,200 | $3,300 |
| Elko 3 Bedroom Homes for Rent | $2,431 | $1,796 | $3,195 |
| Elko 4 Bedroom Homes for Rent | $3,431 | $2,350 | $4,995 |
| Elko 5 Bedroom Homes for Rent | $3,398 | $2,495 | $4,795 |
Browse Top Homes for Rent in Elko
Explore Elko
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 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 | 2 Bedroom | 2BR,1BA | $935 |
| Hidden Valley Apartments | ** COMING SOON ** | 2BR,1BA | $1,000 |
Best Value Apartments for Rent in Elko, MN and Nearby
As of May 02, 2025 the best value apartment in the Elko area is the $1.61 price per square foot Willow A Model at Lakeville Woods in the in the Donnelly Farm neighborhood starting from $1,699. The second greatest value Elko apartment is the E - 2 Bed 1 Bath Model at Old Town Apartments starting at $1,700 with a $1.83 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lakeville Woods | Willow A | 1BR,1BA | $1.61 |
| Old Town Apartments | E - 2 Bed 1 Bath | 2BR,1BA | $1.83 |
| Kestrel Village Apartments | 2 bed 1 bath | 2BR,1BA | $1.58 |
| Hidden Valley Apartments | ** COMING SOON ** | 2BR,1BA | $1.10 |
| Dundas Apartments | 2 bed, 1 bath | 2BR,1BA | $1.78 |
| 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 | $1.60 |
| Woodridge Apartments | ** COMING SOON ** Surround yourself with nature. | 1BR,1BA | $1.34 |
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Frequently Asked Questions about Elko
What type of rentals are currently available in Elko?
There are currently 37 Apartments for Rent in Elko, MN with pricing that ranges from $631 to $3,916. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elko ranging from $1,200 to $4,995.
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 $1,200 to $4,995 with an average monthly rent of $2,818.
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 $1,673 to $3,916, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,796 to $3,195. Four Bedroom Single-Family rentals are also available starting from $2,350 and Four Bedroom Apartments start at $2,500.
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.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.