Cheap Apartments for Rent near Elkton, MN from $600 (36 Rentals)

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Search the lowest-cost Apartments available for rent right now in Elkton.

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Northern Place Apartments
Rent Specials
$875 - $1,350
Total Monthly Price

Total Monthly Price

Base Rent
$795 - $1,270
Required Monthly Fees
$80

Total Monthly Price
$875 - $1,350
2 to 3 Bedroom Apartments Available Aug 14

Northern Place Apartments

203 SW 31st StAustin, MN 55912
  • Verified
  • Utilities Included
  • Smoke Free
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The Colby
Rent Specials
$1,050 - $1,125
Total Monthly Price

Total Monthly Price

Base Rent
$970 - $1,045
Required Monthly Fees
$80

Total Monthly Price
$1,050 - $1,125
1 Bedroom Apartments Available Now

The Colby

1804-1806 Second St SWRochester, MN 55902
Corporate Housing
  • Verified
  • Utilities Included
  • 3D Tour

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.

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Parkview Place
$1,160 - $1,460
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,045 - $1,345
Required Monthly Fees
$115

Total Monthly Price
$1,160 - $1,460
1 to 3 Bedroom Apartments Available Now

Parkview Place

303 27th St SWAustin, MN 55912
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  • Utilities Included
  • 3D Tour
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The Ida
$1,200 - $1,400
Total Monthly Price

Total Monthly Price

Base Rent
$1,200 - $1,400

Total Monthly Price
$1,200 - $1,400
1 Bedroom Apartments Available Now

The Ida

1226-1232 4th Ave SWRochester, MN 55902
Furnished
  • Verified
  • Customer Reviewed
  • Utilities Included
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Mill on Main I & II
Rent Specials
$1,239 - $2,509
Total Monthly Price

Total Monthly Price

Base Rent
$1,239 - $2,509

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Mill on Main I & II

704 1st Dr NWAustin, MN 55912
Transit Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
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5th on 5th Apartments
$1,270 - $1,680
Total Monthly Price

Total Monthly Price

Base Rent
$1,230 - $1,640
Required Monthly Fees
$40

Total Monthly Price
$1,270 - $1,680
Studio to 1 Bedroom Apartments Available Sep 1

5th on 5th Apartments

510 5th St SWRochester, MN 55902
Affordability
  • Verified
  • Utilities Included
  • 3D Tour

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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The Boulders
Rent Specials
$1,299 - $2,594
Total Monthly Price

Total Monthly Price

Base Rent
$1,299 - $2,594

Total Monthly Price
$1,299 - $2,594
1 to 3 Bedroom Apartments Available Now

The Boulders

350 Boulder Rd SERochester, MN 55904
Furnished
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 1506 7th St SE

$900

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

1 Bedroom, 1 Bath Home for Rent

Available Now

1506 7th St SE

AustinMN55912
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The Graham
Studio to 1 Bedroom Apartments

The Graham

108 16th St SERochester, MN 55904
Corporate Housing
  • Utilities Included
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Flats at Uptown
1 Bedroom Apartments

Flats at Uptown

221-229 19th Ave SWRochester, MN 55902
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1017 21st St SE
2 Bedroom Apartments

1017 21st St SE

1017 21st St SERochester, MN 55904
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Chester Estates
1 to 2 Bedroom Apartments

Chester Estates

1463-1537 6th Ave SERochester, MN 55904
property at 121 Main St S

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

Studio, 1 Bath Condo for Rent

Available Aug 1

121 Main St S

Grand MeadowMN55936

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.

property at 28 6th Ave SE

$1,050

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

1 Bedroom, 1 Bath Townhome for Rent

Available Now

28 6th Ave SE

RochesterMN55904
property at 302 19th St NE

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

2 Bedroom, 1 Bath Home for Rent

Available Jul 24

302 19th St NE

AustinMN55912
property at 1111 4th St NW

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

2 Bedroom, 1 Bath Townhome for Rent

Available Now

1111 4th St NW

AustinMN55912
property at 614 10th St NE

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

2 Bedroom, 1 Bath Home for Rent

Available Jul 24

614 10th St NE

AustinMN55912
property at 1206 10th St NE

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

1206 10th St NE

AustinMN55912
property at 2094 11th Ave SE

$1,250

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

2 Bedroom, 1 Bath Home for Rent

Available Now

2094 11th Ave SE

RochesterMN55904

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.

Elkton, MN Local Guide

Cheapest Available Elkton Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elkton, MN is a Studio unit found at Hillside Apartments in the Meadow Park neighborhood priced from $900. Meadow Park Apartments in the Meadow Park neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $995. Here is today’s list of the most affordable Elkton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hillside ApartmentsStudioStudio,1BA$900
Meadow Park ApartmentsModern Two Bedroom2BR,1BA$995
Webster ApartmentsApt. 012BR,1BA$1,035
The Colby1bd/1ba1BR,1BA$1,095
Lincoln Apartments LLCApt. 162BR,1BA$1,155
Parkview PlaceParkview 1 bed1BR,1BA$1,160
The IdaUnfurnished 1B1B1BR,1BA$1,200
Mill on Main I & IIMI - KaufmanStudio,1BA$1,239
Valley View EstatesTwo Bedroom One and One Half Bath2BR,1BA$1,295
Edge ApartmentsTwo Bedroom2BR,2BA$1,296

Best Value Apartments for Rent in Elkton, MN and Nearby

As of July 24, 2026 the best value apartment in the Elkton area is the $1.20 price per square foot 2 Bedroom Plus Den Model at Stone Haven Townhomes in the starting from $2,045. The second greatest value Elkton apartment is the B1R Townhome Model at Avalon Cove Townhomes starting at $1,758 with a $1.41 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Stone Haven Townhomes2 Bedroom Plus Den2BR,2.5BA$1.20
Avalon Cove TownhomesB1R Townhome2BR,1.5BA$1.41
Kodiak ApartmentsThree Bedroom Two Bath - 1078 Sq.Ft3BR,2BA$1.51
Flats on 21Spruce2BR,2BA$1.53
Woodridge on SecondB1R2BR,2BA$1.51
Edge ApartmentsTwo Bedroom2BR,2BA$1.30
Valley View EstatesTwo Bedroom One and One Half Bath2BR,1.5BA$1.47
Lincoln Apartments LLCApt. 082BR,1BA$1.46
Meadow Park ApartmentsClassic Two Bedrooom2BR,1BA$1.51
Webster ApartmentsApt. 012BR,1BA$1.50

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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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 Hillside Apartments listed at $900.

How much is rent for a Cheap One Bedroom Elkton Apartment?

The lowest price for a Cheap One Bedroom Elkton Apartment is $1,095 at The Colby.

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 $995 at Meadow Park Apartments.

What is the most affordable Elkton Three Bedroom Apartment?

The best deal on a cheap Elkton Three Bedroom Apartment rental is at Meadow Park Apartments and starts from $1,320.

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 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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.