Cheap Apartments for Rent in Elkton, MN from $400 (40 Rentals)

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

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The Graham
$925 - $995
Total Monthly Price

Total Monthly Price

Base Rent
$925 - $995

Total Monthly Price
$925 - $995
Studio Apartments Available Now

The Graham

108 16th St SERochester, MN 55904
Furnished
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  • Utilities Included
  • Smoke Free
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The Ida
$1,000 - $1,400
Total Monthly Price

Total Monthly Price

Base Rent
$1,000 - $1,400

Total Monthly Price
$1,000 - $1,400
Studio to 1 Bedroom Apartments Available Now

The Ida

1226-1232 4th Ave SWRochester, MN 55902
Furnished
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  • Customer Reviewed
  • Utilities Included
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The Colby
$1,020 - $1,045
Total Monthly Price

Total Monthly Price

Base Rent
$1,020 - $1,045

Total Monthly Price
$1,020 - $1,045
1 Bedroom Apartments Available Now

The Colby

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

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.

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Parkview Place
$1,160 - $1,310
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,045 - $1,195
Required Monthly Fees
$115

Total Monthly Price
$1,160 - $1,310
1 to 2 Bedroom Apartments Available Now

Parkview Place

303 27th St SWAustin, MN 55912
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  • Utilities Included
  • 3D Tour
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Mill on Main I & II
Rent Specials
$1,219 - $2,509
Total Monthly Price

Total Monthly Price

Base Rent
$1,219 - $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

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.

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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 Contact Us For Availability

5th on 5th Apartments

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

Cash 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.

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The Manor at Med City
$1,360 - $1,765
Total Monthly Price

Total Monthly Price

Base Rent
$1,225 - $1,630
Required Monthly Fees
$135

Total Monthly Price
$1,360 - $1,765
1 to 3 Bedroom Apartments Available Now

The Manor at Med City

1505 Marion Rd SERochester, MN 55904
Affordability
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  • Utilities Included
  • 3D Tour
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The Berkman
Rent Specials
$1,392 - $10,096
Total Monthly Price

Total Monthly Price

Base Rent
$1,302 - $10,006
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The Berkman

217 14th Ave SWRochester, MN 55902
Furnished
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  • Smoke Free
property at 108 Main St N

$650 - $730

Total Monthly Price

Total Monthly Price

Base Rent
$650

Total Monthly Price
$650

1 Bedroom Rentals

Available Now

108 Main St N

Grand MeadowMN55936
property at 121 Clinton St

$900

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

2 Bedroom, 1 Bath Home for Rent

Available Now

121 Clinton St

AustinMN55912
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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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Flats at Uptown
1 Bedroom Apartments

Flats at Uptown

221-229 19th Ave SWRochester, MN 55902
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Chester Estates
1 to 2 Bedroom Apartments

Chester Estates

1463-1537 6th Ave SERochester, MN 55904

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.

property at 1203 11th St NW

$1,000

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

3 Bedroom, 2 Bath Home for Rent

Available Now

1203 11th St NW

AustinMN55912
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 1102 3rd St NW

$1,090

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,025
Required Monthly Fees
$65

Total Monthly Price
$1,090

3 Bedroom, 1.5 Bath Home for Rent

Available Now

1102 3rd St NW

AustinMN55912
property at 1102 3rd St NW

$1,090

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,025
Required Monthly Fees
$65

Total Monthly Price
$1,090

3 Bedroom, 1.5 Bath Home for Rent

Available Now

1102 3rd St NW

AustinMN55912
property at 1111 4th St NW

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Townhome for Rent

Available Jul 3

1111 4th St NW

AustinMN55912
property at 400 7th St SW

$1,265

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Required Monthly Fees
$65

Total Monthly Price
$1,265

2 Bedroom, 1 Bath Home for Rent

Available Now

400 7th St SW

AustinMN55912

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.

property at 400 7th St SW

$1,265

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Required Monthly Fees
$65

Total Monthly Price
$1,265

2 Bedroom, 1 Bath Home for Rent

Available Now

400 7th St SW

AustinMN55912
property at 2094 11th Ave SE

$1,350

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

2 Bedroom, 1 Bath Home for Rent

Available Now

2094 11th Ave SE

RochesterMN55904

Elkton, MN Local Guide

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. Northern Place Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $860. Here is today’s list of the most affordable Elkton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
105 Main St S1-bedroom1BR,1BA$675
Northern Place ApartmentsTwo Bedroom2BR,1BA$860
Hillside ApartmentsStudioStudio,1BA$900
Meadow Park ApartmentsClassic One Bedroom1BR,1BA$945
Flats at Uptown1BR/1.0BA1BR,1BA$950
Lincoln Apartments LLCApt. 121BR,1BA$1,005
Webster ApartmentsApt. 012BR,1BA$1,035
The Colby1bd/1ba1BR,1BA$1,045
Flats on 21HickoryStudio,1BA$1,109
Parkview PlaceParkview 1 bed1BR,1BA$1,160

Best Value Apartments for Rent in Elkton, MN and Nearby

As of June 08, 2026 the best value apartment in the Elkton area is the $1.70 price per square foot Terzina Model at The Berkman in the in the Meadow Park neighborhood starting from $3,999. The second greatest value Elkton apartment is the Two Bedroom Model at Edge Apartments starting at $1,296 with a $1.30 price per square foot . 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.
The BerkmanTerzina3BR,2BA$1.70
Edge ApartmentsTwo Bedroom2BR,2BA$1.30
Northern Place ApartmentsTwo Bed + Den2BR,1BA$1.18
Valley View EstatesTwo Bedroom One and One Half Bath2BR,1.5BA$1.47
Lincoln Apartments LLCApt. 082BR,1BA$1.46
Stone Haven ApartmentsOne Bed One Bath1BR,1BA$1.76
Webster ApartmentsApt. 012BR,1BA$1.50
Parkview PlaceParkview 1 bed1BR,1BA$1.93
105 Main St S1-bedroom1BR,1BA$1.23
Hillside ApartmentsStudioStudio ,1BA$1.90

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 $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 $860 at Northern Place 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 $1,020.

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

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.