
Cheap Apartments for Rent in Elko New Market, MN from $1,050 (49 Rentals)
Search the lowest-cost Apartments available for rent right now in Elko New Market.


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Market Village Senior Residence 55+

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Parkside Apartments

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Parkwood Apartments

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Philipp Square Senior Apartments 55+

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The Felix

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Southwind Village

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Centennial & Heritage Apartments

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Maple Acres Apartments
Rent According to Income: A Look at Income-Restricted Rentals
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The Oaks of Lakeville

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Kestrel Village Apartments

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Creekside Commons Apartments

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Authentix Lakeville

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Hearthwood Apartments

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Bohemia Flats

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Arris Lakeville

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Rye Apartments

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The Overlook at Crystal Lake
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The Grainwood Senior Apartments

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LakeVillage Apartments

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East Gate Estates

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Lakeville Woods

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SouthFork Townhomes Flats

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The Village at Five Hawks

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Provence

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Springs at Lakeville

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The Emery Apartments
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Northlake Lofts

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Courtwood Village I

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Marion Crossing

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Spero Senior Living

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Lakeside Flats

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Courtwood Village 2

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The Edison at Avonlea

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Winfield Townhomes

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Rambush Estates
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16075 Joplin Ave

7528 Parkridge Ln

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Wildwood Lakeville - NOW OPEN!

Liberty Park Apartments Senior Community-62+

Westgate Townhomes

Springs at Egan Drive

16505 Timber Crest Dr SE

1929 Southcross Dr W

12710 Granger Ct
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12585 Gavotte Ave

7155 126th St W

407 Wood Way

18340 Kerrville Trail
Elko New Market, MN Local Guide

How much does it cost to rent an apartment in Elko New Market?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elko New Market Studio Apartments | $1,436 | $1,065 | $1,698 |
| Elko New Market 1 Bedroom Apartments | $1,645 | $1,050 | $1,950 |
| Elko New Market 2 Bedroom Apartments | $1,995 | $1,200 | $2,850 |
| Elko New Market 3 Bedroom Apartments | $2,654 | $1,250 | $3,808 |
| Elko New Market 4 Bedroom Apartments | $4,125 | $3,758 | $4,508 |
Browse Top Apartments in Elko New Market
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Elko New Market, MN Local Guide
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Cheapest Available Elko New Market Apartments for Rent and Nearby
 The cheapest available apartment rental in Elko New Market, MN is a 1 Bed unit found at Parkside Apartments in the Scott Far Western Suburbs neighborhood priced from $1,050. 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 New Market apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parkside Apartments | 1 bedroom | 1BR,1BA | $1,050 |
| Parkwood Apartments | 1 and 2 bed | Studio, | $1,065 |
| The Felix | The Ellicott B | 1BR,1BA | $1,170 |
| Southwind Village | A1 | 1BR,1BA | $1,216 |
| Centennial & Heritage Apartments | 2 BD/1 BA (715) | 2BR,1BA | $1,250 |
| Maple Acres Apartments | 3 Bedroom | 3BR,1BA | $1,250 |
| Springs at Egan Drive | Studio Grand Overlook | Studio,1BA | $1,328 |
| Authentix Lakeville | Studio Horizon Courtyard | Studio,1BA | $1,365 |
| Bohemia Flats | One Bedroom One Bathroom | 1BR,1BA | $1,400 |
| Arris Lakeville | Oak | Studio,1BA | $1,406 |
Best Value Apartments for Rent in Elko New Market, MN and Nearby
As of September 15, 2026 the best value apartment in the Elko New Market 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 New Market 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 New Market apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Wildwood Lakeville - NOW OPEN! | The Highview - Single Family Home | 4BR,2.5BA | $1.69 |
| The Crossing at Ritter Meadows | C1 Tamarack | 2BR,2.5BA | $1.71 |
| Winfield Townhomes | Style A | 3BR,2BA | $1.31 |
| 16075 Joplin Ave | 3 Bed/1 Bath | 3BR,1BA | $1.40 |
| The Oaks of Lakeville | 2 BD / 1.5 BA | 2BR,1.5BA | $1.40 |
| Maple Acres Apartments | 3 Bedroom | 3BR,1BA | $1.19 |
| Courtwood Village 2 | 2 Bed/ 2 Bath | 2BR,2BA | $1.74 |
| Courtwood Village I | 2 Bed/ 1 Bath Model C | 2BR,1BA | $1.71 |
| The Grainwood Senior Apartments | Two Bedroom - A | 2BR,1BA | $1.63 |
| Parkside Apartments | 2 bedroom | 2BR,1BA | $1.67 |
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 ArticleNavigating 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.
Read ArticleReal 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.
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 New Market, MN Rentals by Map
See the most popular apartments and homes in Elko New Market, MN
Frequently Asked Questions about Cheap Elko New Market Apartments
What is the Cheapest Studio apartment in Elko New Market?
Currently the most affordable Cheap Studio Apartment in Elko New Market is at Parkwood Apartments listed at $1,065.
How much is rent for a Cheap One Bedroom Elko New Market Apartment?
The lowest price for a Cheap One Bedroom Elko New Market Apartment is $1,050 at Parkside Apartments.
What is the lowest price for a Cheap Two Bedroom Elko New Market Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Elko New Market is starting from $1,200 at Parkside Apartments.
What is the most affordable Elko New Market Three Bedroom Apartment?
The best deal on a cheap Elko New Market Three Bedroom Apartment rental is at Maple Acres Apartments and starts from $1,250.
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

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.

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.

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.

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.