Cheap Apartments for Rent in Elko New Market, MN from $600 (10 Rentals)

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

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.

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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.

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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 Centennial & Heritage Apartments in the Wood Hill neighborhood priced from $1,150. Southwind Village in the Oak Shores neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,212. Here is today’s list of the most affordable Elko New Market apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Centennial & Heritage Apartments1 bedroom1BR,1BA$1,150
Southwind VillageA11BR,1BA$1,212
The FelixThe Ellicott A1BR,1BA$1,216

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

As of July 24, 2025 the best value apartment in the Elko New Market area is the $1.55 price per square foot 2 Bed, 2 Bath Model at Rambush Estates in the in the Timberland Knolls Acres neighborhood starting from $1,700. The second greatest value Elko New Market apartment is the G - 2 Bed 2 Bath Model at Old Town Apartments starting at $1,900 with a $1.79 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Rambush Estates2 Bed, 2 Bath2BR,2BA$1.55
Old Town ApartmentsG - 2 Bed 2 Bath2BR,2BA$1.79
East Gate Estates2 Bedroom 1.5 Bath2BR,1.5BA$1.56
Kestrel Village Apartments2 bed 1 bath2BR,1BA$1.58
Lakeville CourtTwo Bedroom Flat2BR,1BA$1.78
Centennial & Heritage Apartments1 bedroom1BR,1BA$1.41
The Oaks of Lakeville1 BD / 1 BA1BR,1BA$1.60
Lakeville WoodsStudioStudio ,1BA$1.81
Southwind VillageA11BR,1BA$1.67
The FelixThe Selene A1BR,1BA$1.90

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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 Springs at Egan Drive listed at $1,325.

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 Southwind Village and starts from $2,073.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.