
Cheap Homes for Rent near Elko New Market, MN from $1,400 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Elko New Market.


504 Juliet Dr

16505 Timber Crest Dr SE

15563 Garnet Way
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

12710 Granger Ct

12585 Gavotte Ave

7155 126th St W

733 Juliet Dr
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

14534 Lockslie Trail
Elko New Market, MN Local Guide

How much does it cost to rent a home in Elko New Market?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elko New Market 2 Bedroom Homes for Rent | $1,865 | $1,400 | $2,295 |
| Elko New Market 3 Bedroom Homes for Rent | $2,463 | $1,785 | $3,195 |
| Elko New Market 4 Bedroom Homes for Rent | $3,545 | $2,995 | $4,495 |
| Elko New Market 5 Bedroom Homes for Rent | $3,045 | $2,195 | $3,895 |
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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 Parkside Apartments in the Scott Far Western Suburbs neighborhood priced from $1,050. Parkwood Apartments in the Downtown Prior Lake neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,065. 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 |
| Parkwood Apartments | 1 and 2 bed | Studio, | $1,065 |
| The Felix | The Selene A | 1BR,1BA | $1,137 |
Best Value Apartments for Rent in Elko New Market, MN and Nearby
As of July 30, 2026 the best value apartment in the Elko New Market area is the $1.69 price per square foot The Highview - Single Family Home Model at Wildwood Lakeville - NOW OPEN! in the in the Timbercrest At Lakeville neighborhood starting from $4,508. The second greatest value Elko New Market apartment is the C1 Tamarack Model at The Crossing at Ritter Meadows starting at $2,725 with a $1.71 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Wildwood Lakeville - NOW OPEN! | The Highview - Single Family Home | 4BR,2.5BA | $1.69 |
| The Crossing at Ritter Meadows | C1 Tamarack | 2BR,2.5BA | $1.71 |
| Rambush Estates | 3 Bed, 2 Bath | 3BR,2BA | $1.55 |
| The Oaks of Lakeville | 2 BD / 1.5 BA | 2BR,1.5BA | $1.40 |
| East Gate Estates | 2 Bedroom 1.5 Bath | 2BR,1.5BA | $1.51 |
| Courtwood Village 2 | 2 Bed/ 2 Bath | 2BR,2BA | $1.74 |
| Courtwood Village I | 2 Bed/1 Bath Model B | 2BR,1BA | $1.70 |
| The Grainwood Senior Apartments | Two Bedroom - A | 2BR,1BA | $1.68 |
| Parkside Apartments | 2 bedroom | 2BR,1BA | $1.67 |
| The Felix | The Selene A | 1BR,1BA | $1.69 |
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.
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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
Frequently Asked Questions about Elko New Market
What type of rentals are currently available in Elko New Market?
There are currently 42 Apartments for Rent in Elko New Market, MN with pricing that ranges from $831 to $4,508. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elko New Market ranging from $1,400 to $4,495.
What is the current price range for Rental Homes in Elko New Market?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Elko New Market ranges from $1,400 to $4,495 with an average monthly rent of $2,729.
How much are larger Three and Four Bedroom Rentals in Elko New Market?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Elko New Market range from $1,650 to $3,808, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,785 to $3,195. Four Bedroom Single-Family rentals are also available starting from $2,995 and Four Bedroom Apartments start at $2,704.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.