Cheap Apartments for Rent in Ellendale, MN from $400 (39 Rentals)

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

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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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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West Lake Meadows
Rent Specials
$1,125 - $1,595
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,125 - $1,595
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

West Lake Meadows

1575 24th Ave NWOwatonna, MN 55060
Corporate Housing
  • Verified
  • Utilities Included
  • 3D Tour
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The Pearl
$1,140 - $1,690
Total Monthly Price

Total Monthly Price

Base Rent
$1,100 - $1,650
Required Monthly Fees
$40
Total Monthly Price
$1,140 - $1,690
1 to 2 Bedroom Apartments Available Aug 1

The Pearl

130 E Pearl StOwatonna, MN 55060
Luxury
  • Verified
  • Customer Reviewed
  • Utilities Included
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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
  • Verified
  • Utilities Included
  • 3D Tour
property at 214 W College St

$650

Total Monthly Price

Total Monthly Price

Base Rent
$650
Total Monthly Price
$650

1 Bedroom, 1 Bath Townhome for Rent

Available Now

214 W College St

Albert LeaMN56007
property at 702 E Main St

$850

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$850
Total Monthly Price
$850

Studio, 1 Bath Home for Rent

Available Now

702 E Main St

Albert LeaMN56007

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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property at 207 E 4th St

$875

Total Monthly Price

Total Monthly Price

Base Rent
$875
Total Monthly Price
$875

Studio, 1 Bath Condo for Rent

Available Oct 3

207 E 4th St

Albert LeaMN56007
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
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 Jul 1

1506 7th St SE

AustinMN55912
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204 3rd Ave SE
1 to 3 Bedroom Apartments

204 3rd Ave SE

204 3rd Ave SEMedford, MN 55049
  • Utilities Included
property at 121 Main St S

$900 - $1,200

Total Monthly Price

Total Monthly Price

Base Rent
$900
Total Monthly Price
$900

Studio Rentals

Available Now

121 Main St S

Grand MeadowMN55936
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909 E Vine St
1 to 2 Bedroom Apartments

909 E Vine St

909 Vine St EOwatonna, MN 55060
property at 262 S Pearl St

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995
Total Monthly Price
$995

2 Bedroom, 1 Bath Condo for Rent

Available Jul 4

262 S Pearl St

Albert LeaMN56007
property at 240 E Rice St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

1 Bedroom, 1 Bath Townhome for Rent

Available Jul 10

240 E Rice St

OwatonnaMN55060

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.

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Academy Apartments
1 to 2 Bedroom Apartments

Academy Apartments

706 E Academy StOwatonna, MN 55060
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 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
Showing Results 1-39, Page 1 of 1

Ellendale, MN Local Guide

Cheapest Available Ellendale Apartments for Rent and Nearby

 

The cheapest available apartment rental in Ellendale, MN is a Studio unit found at CityView Apartments priced from $650. Skye Lofts Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $790. Here is today’s list of the most affordable Ellendale apartments for rent:

Apartment ListingModel NameBed/BathPriced From
CityView ApartmentsStudioStudio,1BA$650
Skye Lofts Apartments1 Bedroom Unit1BR,1BA$790
F and H Apartments1 Bed, 1 bath1BR,1BA$825
A-Lea ApartmentsB and C Buildings1BR,1BA$900
Northern Place ApartmentsTwo Bedroom2BR,1BA$940
Four Seasons ApartmentsCozy One Bedroom Apartment Home1BR,1BA$975
AireStudio, 1 bathStudio,1BA$1,020
Town's Edge Place Apartments1 Bedroom1BR,1BA$1,033
Webster ApartmentsApt. 012BR,1BA$1,035
Clifton Apartments1BD1BR,1BA$1,095

Best Value Apartments for Rent in Ellendale, MN and Nearby

As of June 19, 2026 the best value apartment in the Ellendale area is the $1.09 price per square foot 2 Bedroom Loft Model at Skye Lofts Apartments in the starting from $1,490. The second greatest value Ellendale apartment is the Two Bedroom Model at Apartments on Mound starting at $1,420 with a $1.24 price per square foot in the Downtown Owatonna neighborhood. Here is today’s list of the best values for Ellendale apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Skye Lofts Apartments2 Bedroom Loft2BR,1.5BA$1.09
Apartments on MoundTwo Bedroom2BR,1BA$1.24
South Pointe Apartments2 Bedroom 2 Bathroom2BR,2BA$1.30
Edge ApartmentsTwo Bedroom2BR,2BA$1.40
Heritage Bluff Apartments LLC2 bedroom 1 bathroom2BR,1BA$1.31
Radel CourtC2BR,1BA$1.46
Northern Place ApartmentsTwo Bedroom2BR,1BA$1.04
Hillside ApartmentsOne Bedroom One Bathroom1BR,1BA$1.30
Lincoln Apartments LLCApt. 082BR,1BA$1.46
CityView Apartments2 bedroom2BR,1BA$1.08

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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Quick Rent Budget Calculator

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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!

Explore Ellendale, MN Rentals by Map

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See the most popular apartments and homes in Ellendale, MN

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Frequently Asked Questions about Cheap Ellendale Apartments

What is the Cheapest Studio apartment in Ellendale?

Currently the most affordable Cheap Studio Apartment in Ellendale is at CityView Apartments listed at $650.

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

The lowest price for a Cheap One Bedroom Ellendale Apartment is $745 at CityView Apartments.

What is the lowest price for a Cheap Two Bedroom Ellendale Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Ellendale is starting from $865 at CityView Apartments.

What is the most affordable Ellendale Three Bedroom Apartment?

The best deal on a cheap Ellendale Three Bedroom Apartment rental is at Four Seasons Apartments and starts from $1,350.

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 Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

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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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

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.