
Cheap Apartments for Rent in Elko New Market, MN from $600 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in Elko New Market.


Rambush Estates

Philipp Square Senior Apartments 55+
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.

Centennial & Heritage Apartments

The Felix

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.
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 | $1,495 | $1,276 | $1,761 |
| Elko New Market 1 Bedroom Apartments | $1,533 | $831 | $1,979 |
| Elko New Market 2 Bedroom Apartments | $1,884 | $1,250 | $2,400 |
| Elko New Market 3 Bedroom Apartments | $2,214 | $1,673 | $2,781 |
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 Centennial & Heritage Apartments in the Wood Hill neighborhood priced from $1,150. The Felix in the Heart of the City neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,191. Here is today’s list of the most affordable Elko New Market apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Centennial & Heritage Apartments | 1 bedroom | 1BR,1BA | $1,150 |
| The Felix | The Selene A | 1BR,1BA | $1,191 |
| Southwind Village | A3 | 1BR,1BA | $1,202 |
Best Value Apartments for Rent in Elko New Market, MN and Nearby
As of December 14, 2025 the best value apartment in the Elko New Market area is the $1.35 price per square foot Style D Model at Winfield Townhomes in the in the Heart of the City neighborhood starting from $1,877. The second greatest value Elko New Market apartment is the LAMARR II (ACC) Model at The Edison at Avonlea starting at $1,945 with a $1.77 price per square foot in the Donnelly Farm 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. |
|---|---|---|---|
| Winfield Townhomes | Style D | 3BR,2BA | $1.35 |
| The Edison at Avonlea | LAMARR II (ACC) | 2BR,2BA | $1.77 |
| Lakeville Woods | Willow A | 1BR,1BA | $1.62 |
| Creekside Commons Apartments | 2BR/1.0BA | 2BR,1BA | $1.66 |
| Kestrel Village Apartments | 2 bed 1 bath | 2BR,1BA | $1.53 |
| Lakeville Court | Two Bedroom Flat | 2BR,1BA | $1.78 |
| The Village at Five Hawks | 2BR/1.0BA | 2BR,1BA | $1.71 |
| Centennial & Heritage Apartments | 1 bedroom | 1BR,1BA | $1.41 |
| East Gate Estates | 2 Bedroom 1 Bath (sm) | 2BR,1BA | $1.79 |
| Old Town Apartments | B - 1 Bed 1 Bath | 1BR,1BA | $1.78 |
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 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 ArticleQuick Rent Budget Calculator
How much rent can you afford?
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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
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 Arris Lakeville listed at $1,350.
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 LakeVillage Apartments and starts from $1,725.
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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.
