Cheap Apartments for Rent in Elko New Market, MN from $600 (22 Rentals)

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Search the lowest-cost Apartments available for rent right now in Elko New Market.

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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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The Oaks of Lakeville
Rent Specials
$1,265 - $1,565
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,250 - $1,550
Required Monthly Fees
$15
Total Monthly Price
$1,265 - $1,565
1 to 2 Bedroom Apartments Available Now

The Oaks of Lakeville

20464 Iberia AveLakeville, MN 55044
Affordability
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  • Customer Reviewed
  • Utilities Included

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Courtwood Village 2
1 to 3 Bedroom Apartments

Courtwood Village 2

17088 Adelmann St SEPrior Lake, MN 55372
  • Utilities Included
Showing Results 1-22, Page 1 of 1

Elko New Market, MN Local Guide

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 Brooksville in the Downtown Prior Lake neighborhood priced from $1,095. Southwind Village in the Oak Shores neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,103. Here is today’s list of the most affordable Elko New Market apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Brooksville1 Bed, 1 bath1BR,1BA$1,095
Southwind VillageS1Studio,1BA$1,103
Centennial & Heritage Apartments1 bedroom1BR,1BA$1,150
The FelixThe Selene A1BR,1BA$1,191
Maple Acres Apartments3x13BR,1BA$1,250

Best Value Apartments for Rent in Elko New Market, MN and Nearby

As of September 10, 2025 the best value apartment in the Elko New Market area is the $1.28 price per square foot Style E Model at Winfield Townhomes in the in the Heart of the City neighborhood starting from $1,661. The second greatest value Elko New Market apartment is the 2 Bed, 2 Bath Model at Rambush Estates starting at $1,700 with a $1.55 price per square foot in the Timberland Knolls Acres neighborhood. Here is today’s list of the best values for Elko New Market apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Winfield TownhomesStyle E2BR,1BA$1.28
Rambush Estates2 Bed, 2 Bath2BR,2BA$1.55
Lakeville WoodsWillow A1BR,1BA$1.63
East Gate Estates2 Bedroom 1.5 Bath2BR,1.5BA$1.56
Kestrel Village Apartments2 bed 1 bath2BR,1BA$1.53
Lakeville CourtTwo Bedroom Flat2BR,1BA$1.78
Centennial & Heritage Apartments1 bedroom1BR,1BA$1.41
The Oaks of Lakeville1 BD / 1 BA1BR,1BA$1.62
Creekside Commons Apartments1BR/1.0BA1BR,1BA$1.74
The FelixThe Selene A1BR,1BA$1.77

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Getting Around Elko New Market, MN

Walk Score®

14 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

23 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 Southwind Village listed at $1,103.

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 $1,150 at Centennial & Heritage 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 $1,250 at Centennial & Heritage 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

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.

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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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.

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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.

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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.