Cheap Homes for Rent near Elko New Market, MN from $1,400 (9 Rentals)

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

property at 9830 Upper 161st St W

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

2 Bedroom, 1 Bath Townhome for Rent

Available Now

9830 Upper 161st St W

LakevilleMN55044
property at 504 Juliet Dr

$1,785

Total Monthly Price

Total Monthly Price

Base Rent
$1,785

Total Monthly Price
$1,785

3 Bedroom, 2 Bath Home for Rent

Available Now

504 Juliet Dr

LakevilleMN55044
property at 16505 Timber Crest Dr SE

$1,849

Total Monthly Price

Total Monthly Price

Base Rent
$1,849

Total Monthly Price
$1,849

2 Bedroom, 1.5 Bath Townhome for Rent

Available Sep 1

16505 Timber Crest Dr SE

Prior LakeMN55372
property at 15563 Garnet Way

$1,850

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

2 Bedroom, 1.5 Bath Townhome for Rent

Available Sep 1

15563 Garnet Way

Apple ValleyMN55124

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.

property at 12710 Granger Ct

$1,850

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

3 Bedroom, 2 Bath Home for Rent

Available Now

12710 Granger Ct

St. PaulMN55124
property at 12585 Gavotte Ave

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

3 Bedroom, 2 Bath Home for Rent

Available Now

12585 Gavotte Ave

St. PaulMN55124
property at 7155 126th St W

$1,850

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

3 Bedroom, 2 Bath Home for Rent

Available Now

7155 126th St W

St. PaulMN55124
property at 733 Juliet Dr

$1,875

Total Monthly Price

Total Monthly Price

Base Rent
$1,875

Total Monthly Price
$1,875

3 Bedroom, 2 Bath Home for Rent

Available Now

733 Juliet Dr

LakevilleMN55044

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.

property at 14534 Lockslie Trail

$1,950

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950

2 Bedroom, 2 Bath Townhome for Rent

Available Sep 1

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 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 ListingModel NameBed/BathPriced From
Parkside Apartments1 bedroom1BR,1BA$1,050
Parkwood Apartments1 and 2 bedStudio,$1,065
The FelixThe Selene A1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Wildwood Lakeville - NOW OPEN!The Highview - Single Family Home4BR,2.5BA$1.69
The Crossing at Ritter MeadowsC1 Tamarack2BR,2.5BA$1.71
Rambush Estates3 Bed, 2 Bath3BR,2BA$1.55
The Oaks of Lakeville2 BD / 1.5 BA2BR,1.5BA$1.40
East Gate Estates2 Bedroom 1.5 Bath2BR,1.5BA$1.51
Courtwood Village 22 Bed/ 2 Bath2BR,2BA$1.74
Courtwood Village I2 Bed/1 Bath Model B2BR,1BA$1.70
The Grainwood Senior ApartmentsTwo Bedroom - A2BR,1BA$1.68
Parkside Apartments2 bedroom2BR,1BA$1.67
The FelixThe Selene A1BR,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.

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Real 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!

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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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.