
Cheap Apartments for Rent near Elkton, MN from $675 (53 Rentals)
Search the lowest-cost Apartments available for rent right now in Elkton.


Flats on 21

Hillside Apartments

Total Monthly Price
The Graham

Sutton Place

Total Monthly Price
Meadow Park Apartments

Total Monthly Price
Northern Place Apartments

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The Colby

Webster Apartments

Total Monthly Price
Lincoln Apartments LLC
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.

Cottages of Stewartville

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Parkview Place

Dodger 56, LLC

The Park

Total Monthly Price
Kodiak Apartments

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The Ida

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Mill on Main I & II

Bear Path Apartments

200 11th St NE

22085 586th Avenue
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.

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5th on 5th Apartments

STEWARTVILLE FLATS

Valley View Estates

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Stone Haven Apartments

The Gryff Apartments

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The Manor at Med City

Preserve on Maine

Total Monthly Price
SoRoc on Maine

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Woodridge on Second

The Vista at South Broadway
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.

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The Berkman

802 9th Ave SE

Flats at Uptown

1017 21st St SE

Chester Estates

Lobb Field Apartments

104 Main St S

621 Oak St

1111 4th St NW

121 Main St S
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.

912 2nd Ave NE

1207 9th St NE

126 Clinton St

2113 Oakland Ave E

Edge Apartments

720 Poplar St

810 3rd Ave NW

1200 4th Ave NW

804 12th Ave SW

705 10th St NE
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.
Elkton, MN Local Guide

How much does it cost to rent an apartment in Elkton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elkton Studio Apartments | $1,314 | $689 | $1,708 |
| Elkton 1 Bedroom Apartments | $1,462 | $786 | $2,110 |
| Elkton 2 Bedroom Apartments | $1,708 | $1,035 | $4,259 |
| Elkton 3 Bedroom Apartments | $1,906 | $1,270 | $4,167 |
Browse Top Apartments in Elkton
See all Apartments in ElktonExplore Elkton
Elkton, MN Local Guide
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Cheapest Available Elkton Apartments for Rent and Nearby
 The cheapest available apartment rental in Elkton, MN is a 1 Bed unit found at 105 Main St S priced from $675. The Graham in the Meadow Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $925. Here is today’s list of the most affordable Elkton apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 105 Main St S | 1-bedroom | 1BR,1BA | $675 |
| The Graham | Studio w/ Utilities & Wifi Included | Studio,1BA | $925 |
| Sutton Place | 1 bed 1 bath | 1BR,1BA | $925 |
| Webster Apartments | Apt. 01 | 2BR,1BA | $1,035 |
| The Colby | 1bd/1ba | 1BR,1BA | $1,050 |
| Parkview Place | Parkview 1 bed | 1BR,1BA | $1,110 |
| Hillside Apartments | One Bedroom/One Bath | 1BR,1BA | $1,125 |
| Flats on 21 | Hickory | Studio,1BA | $1,147 |
| Lincoln Apartments LLC | Apt. 16 | 2BR,1BA | $1,155 |
| Meadow Park Apartments | Modern Two Bedroom | 2BR,1BA | $1,170 |
Best Value Apartments for Rent in Elkton, MN and Nearby
As of September 07, 2026 the best value apartment in the Elkton area is the $1.22 price per square foot 2 Bedroom (ADA) Model at Stone Haven Townhomes in the starting from $1,970. The second greatest value Elkton apartment is the Excelsior Model at Crystal Bay Townhomes starting at $2,050 with a $1.38 price per square foot in the Historic Southwest neighborhood. Here is today’s list of the best values for Elkton apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Stone Haven Townhomes | 2 Bedroom (ADA) | 2BR,2BA | $1.22 |
| Crystal Bay Townhomes | Excelsior | 3BR,2BA | $1.38 |
| Avalon Cove Townhomes | B1R Townhome | 2BR,1.5BA | $1.43 |
| Kodiak Apartments | Three Bedroom Two Bath - 1078 Sq.Ft | 3BR,2BA | $1.46 |
| Edge Apartments | Two Bedroom | 2BR,2BA | $1.31 |
| Valley View Estates | Two Bedroom One and One Half Bath | 2BR,1.5BA | $1.47 |
| Lincoln Apartments LLC | Apt. 08 | 2BR,1BA | $1.46 |
| Webster Apartments | Apt. 01 | 2BR,1BA | $1.50 |
| Sutton Place | 1 bed 1 bath | 1BR,1BA | $1.41 |
| 105 Main St S | 1-bedroom | 1BR,1BA | $1.35 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 Elkton, MN Rentals by Map
See the most popular apartments and homes in Elkton, MN
Frequently Asked Questions about Cheap Elkton Apartments
What is the Cheapest Studio apartment in Elkton?
Currently the most affordable Cheap Studio Apartment in Elkton is at The Graham listed at $925.
How much is rent for a Cheap One Bedroom Elkton Apartment?
The lowest price for a Cheap One Bedroom Elkton Apartment is $675 at 105 Main St S.
What is the lowest price for a Cheap Two Bedroom Elkton Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Elkton is starting from $1,035 at Webster Apartments.
What is the most affordable Elkton Three Bedroom Apartment?
The best deal on a cheap Elkton Three Bedroom Apartment rental is at Valley View Estates and starts from $1,445.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.