
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

The Felix

Total Monthly Price
Southwind Village

Parkside Apartments

Philipp Square Senior Apartments 55+

Kestrel Village Apartments

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The Oaks of Lakeville

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Authentix Lakeville
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

Provence

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The Overlook at Crystal Lake

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Springs at Egan Drive

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The Grainwood Senior Apartments

Bohemia Flats

Hearthwood Apartments

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Arris Lakeville

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Springs at 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.

LakeVillage Apartments

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Creekside Commons Apartments

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The Murphy

Lakeville Woods

The Emery Apartments

The Village at Five Hawks

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The Edison at Avonlea

Courtwood Village I

Marion Crossing
Cash 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.

Spero Senior Living

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Lakeside Flats

Courtwood Village 2

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SouthFork Townhomes + Flats

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Rye Apartments

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Rambush Estates

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East Gate Estates

Winfield Townhomes

Liberty Park Apartments Senior Community-62+
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.

Brooksville

Westgate Townhomes

Maple Acres Apartments

51 Viking Terrace

501 1st St W

9830 Upper 161st St W

504 Juliet Dr

3315 Skyview Dr

12710 Granger Ct
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

12585 Gavotte Ave

7155 126th St W

220 1st St
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 | $1,388 | $894 | $1,535 |
| Elko New Market 1 Bedroom Apartments | $1,523 | $831 | $1,912 |
| Elko New Market 2 Bedroom Apartments | $1,883 | $1,200 | $3,000 |
| Elko New Market 3 Bedroom Apartments | $2,693 | $1,650 | $3,750 |
| Elko New Market 4 Bedroom Apartments | $4,045 | $2,704 | $4,300 |
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 1 Bed unit found at Parkside Apartments in the Scott Far Western Suburbs neighborhood priced from $1,050. Southwind Village in the Oak Shores neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,139. 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 |
| Southwind Village | A1 | 1BR,1BA | $1,139 |
| The Felix | The Ventura | 1BR,1BA | $1,139 |
| Kestrel Village Apartments | 2 bed 1 bath | 2BR,1BA | $1,287 |
| Authentix Lakeville | Studio Horizon Overlook | Studio,1BA | $1,326 |
| Centennial & Heritage Apartments | 2 BD/1 BA (720) | 2BR,1BA | $1,350 |
| The Overlook at Crystal Lake | S1 | Studio,1BA | $1,360 |
| The Grainwood Senior Apartments | One Bedroom - E | 1BR,1BA | $1,395 |
| Bohemia Flats | One Bedroom One Bathroom | 1BR,1BA | $1,400 |
| Springs at Lakeville | Studio Grand Overlook | Studio,1BA | $1,445 |
Best Value Apartments for Rent in Elko New Market, MN and Nearby
As of June 14, 2026 the best value apartment in the Elko New Market area is the $1.69 price per square foot D1 Glenwood Model at The Crossing at Ritter Meadows in the in the Wood Hill neighborhood starting from $3,325. The second greatest value Elko New Market apartment is the 3 Bed, 2 Bath Model at Rambush Estates starting at $1,879 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Crossing at Ritter Meadows | D1 Glenwood | 3BR,2.5BA | $1.69 |
| Rambush Estates | 3 Bed, 2 Bath | 3BR,2BA | $1.55 |
| Kestrel Village Apartments | 3 bed 2 bath | 3BR,2BA | $1.47 |
| Lakeville Woods | Willow A | 1BR,1BA | $1.59 |
| Creekside Commons Apartments | 2BR/1.0BA | 2BR,1BA | $1.67 |
| The Felix | The Hudson A | 2BR,2BA | $1.61 |
| Courtwood Village 2 | 2 Bed/1 Bath | 2BR,1BA | $1.73 |
| Marion Crossing | Two Bedroom Flat | 2BR,1BA | $1.78 |
| Southwind Village | A1 | 1BR,1BA | $1.57 |
| Parkside Apartments | 1 bedroom | 1BR,1BA | $1.52 |
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 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 Authentix Lakeville listed at $1,326.
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 $1,287 at Kestrel Village 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 Kestrel Village Apartments and starts from $1,650.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.