
Cheap Apartments for Rent in Elko New Market, MN from $600 (48 Rentals)
Search the lowest-cost Apartments available for rent right now in Elko New Market.


Old Town Apartments

Philipp Square Senior Apartments 55+

Parkside Apartments

Total Monthly Price
Southwind Village

The Felix

Total Monthly Price
Creekside Commons Apartments

Total Monthly Price
The Oaks of Lakeville

Total Monthly Price
East Gate Estates
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Centennial & Heritage Apartments

Courtwood Village I

Total Monthly Price
Northlake Lofts

Total Monthly Price
The Overlook at Crystal Lake

Hearthwood Apartments

The Village at Five Hawks

Total Monthly Price
The Grainwood Senior Apartments

Bohemia Flats

Total Monthly Price
Authentix Lakeville
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.

Arris Lakeville

Courtwood Village 2

LakeVillage Apartments

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Springs at Lakeville

The Emery Apartments

Lakeville Woods

Total Monthly Price
SouthFork Townhomes + Flats

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The Edison at Avonlea

Marion Crossing
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.

Spero Senior Living

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Lakeside Flats

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The Murphy

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Rye Apartments

Winfield Townhomes

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Rambush Estates

Provence

Liberty Park Apartments Senior Community-62+

Brooksville
The Art of the Rental Viewing: What to look for during a property tour
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.

94 Viking Terrace

Westgate Townhomes

Maple Acres Apartments

Kestrel Village Apartments

51 Viking Terrace

Springs at Egan Drive

501 1st St W

12655 Garner Way

20577 Erin Ct
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

9830 Upper 161st St W

3315 Skyview Dr

993 Oriole Dr
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 | $1,443 | $1,205 | $1,593 |
| Elko New Market 1 Bedroom Apartments | $1,578 | $831 | $2,020 |
| Elko New Market 2 Bedroom Apartments | $1,887 | $1,200 | $2,800 |
| Elko New Market 3 Bedroom Apartments | $2,661 | $1,694 | $3,550 |
| Elko New Market 4 Bedroom Apartments | $3,850 | $2,704 | $4,100 |
Browse Top Apartments in Elko New Market
See all Apartments in Elko New MarketExplore Elko New Market
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 2 Beds unit found at Parkside Apartments in the Scott Far Western Suburbs neighborhood priced from $1,200. Southwind Village in the Oak Shores neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,205. 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 | 2 bedroom | 2BR,1BA | $1,200 |
| Southwind Village | S1 | Studio,1BA | $1,205 |
| The Felix | The Selene A | 1BR,1BA | $1,210 |
| East Gate Estates | 2 Bedroom 1 Bath (sm) | 2BR,1BA | $1,349 |
| Centennial & Heritage Apartments | 2 BD/1 BA (720) | 2BR,1BA | $1,350 |
| Old Town Apartments | B - 1 Bed 1 Bath | 1BR,1BA | $1,350 |
| Courtwood Village I | 1 Bed/ 1 Bath Model A | 1BR,1BA | $1,359 |
| Northlake Lofts | Sugar | Studio,1BA | $1,363 |
| The Grainwood Senior Apartments | One Bedroom - F | 1BR,1BA | $1,395 |
| Springs at Egan Drive | Studio Grand Overlook | Studio,1BA | $1,395 |
Best Value Apartments for Rent in Elko New Market, MN and Nearby
As of April 29, 2026 the best value apartment in the Elko New Market area is the $1.49 price per square foot D3 Stonebrook Model at The Crossing at Ritter Meadows in the in the Wood Hill neighborhood starting from $3,475. The second greatest value Elko New Market apartment is the Style A Model at Winfield Townhomes starting at $1,758 with a $1.31 price per square foot in the Heart of the City 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. |
|---|---|---|---|
| The Crossing at Ritter Meadows | D3 Stonebrook | 3BR,3BA | $1.49 |
| Winfield Townhomes | Style A | 3BR,2BA | $1.31 |
| SouthFork Townhomes + Flats | C1R | 3BR,1.5BA | $1.78 |
| The Edison at Avonlea | LAMARR II (ACC) | 2BR,2BA | $1.78 |
| Lakeville Woods | Willow A | 1BR,1BA | $1.60 |
| Marion Crossing | Two Bedroom Flat | 2BR,1BA | $1.78 |
| East Gate Estates | 2 Bedroom 1 Bath (sm) | 2BR,1BA | $1.69 |
| Courtwood Village I | 1 Bed/ 1 Bath Model A | 1BR,1BA | $1.78 |
| Old Town Apartments | B - 1 Bed 1 Bath | 1BR,1BA | $1.78 |
| Parkside Apartments | 2 bedroom | 2BR,1BA | $1.66 |
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.
Read ArticleDon'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
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 Southwind Village listed at $1,205.
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 $1,210 at The Felix.
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 LakeVillage Apartments and starts from $1,755.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.