
Cheap Apartments for Rent in Elkton, MN from $600 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in Elkton.


Flats on 21

Total Monthly Price
The Graham

Lobb Field Apartments

Hillside Apartments

Northern Place Apartments
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.

2nd St Flats

1017 21st St SE

Meadow Park Apartments

Total Monthly Price
Parkview Place

Webster Apartments

Cottages of Stewartville
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.

Total Monthly Price
Lincoln Apartments LLC

Dodger 56, LLC

The Park

Total Monthly Price
Kodiak Apartments

Total Monthly Price
The Ida

416 1st St SW
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Chester Estates

109 Grand Ave E

The Colby

709 13th St NE

111 8th Ave SE

121 Main St S
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

621 Oak St
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 | $1,203 | $689 | $1,410 |
| Elkton 1 Bedroom Apartments | $1,479 | $786 | $2,447 |
| Elkton 2 Bedroom Apartments | $1,663 | $950 | $3,000 |
| Elkton 3 Bedroom Apartments | $1,937 | $1,245 | $2,594 |
Browse Top Apartments in Elkton
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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. Hillside Apartments in the Meadow Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $900. 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 |
| Hillside Apartments | Studio | Studio,1BA | $900 |
| Northern Place Apartments | One Bedroom | 1BR,1BA | $925 |
| Chester Estates | 2BR/1.0BA | 2BR,1BA | $935 |
| 2nd St Flats | 1BR/1.0BA | 1BR,1BA | $950 |
Best Value Apartments for Rent in Elkton, MN and Nearby
As of January 22, 2026 the best value apartment in the Elkton area is the $1.34 price per square foot 3 Bedroom Model at Stone Haven Townhomes in the starting from $2,330. The second greatest value Elkton apartment is the Excelsior Model at Crystal Bay Townhomes starting at $1,820 with a $1.23 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 | 3 Bedroom | 3BR,2.5BA | $1.34 |
| Crystal Bay Townhomes | Excelsior | 3BR,2BA | $1.23 |
| Avalon Cove Townhomes | B1R Townhome | 2BR,1.5BA | $1.46 |
| Edge Apartments | Two Bedroom | 2BR,2BA | $1.30 |
| Lincoln Apartments LLC | Apt. 28 | 2BR,1BA | $1.23 |
| VALLEY VIEW ESTATES | 2 Bedroom 1.5 Bathroom | 2BR,1.5BA | $1.47 |
| Chester Estates | 2BR/1.0BA | 2BR,1BA | $1.17 |
| Webster Apartments | Apt. 10 | 2BR,1BA | $1.37 |
| 1017 21st St SE | 2 beds 1 bath | 2BR,1BA | $1.27 |
| Northern Place Apartments | One Bedroom | 1BR,1BA | $1.41 |
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 ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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 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 $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 $935 at Chester Estates.
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 $1,245.
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

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.