
Cheap Apartments for Rent near Elmore, MN from $400 (48 Rentals)
Search the lowest-cost Apartments available for rent right now in Elmore.


A-Lea Apartments

CityView Apartments

Eytcheson Estates Welcome

Eytcheson Estates Sherburn

Meadow Lake of Clear Lake Apartments

1212 Heckman Ct

Skye Lofts Apartments

Hartshorn Manor
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.

Deer Creek Apartments

Total Monthly Price
Highland Hills Apartments

Glenwood Terrace

Ashley Estates

1200 Jade Apartments

219 6th St SW

Valley View Apartments

Village Place Apartments of Mankato

Bricelyn Plaza
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.

Kee Valley Apartments

Cypress Pointe Emmetsburg

Irish Hospital Apartments

Cherry Ridge Apartments

Trimont Square Apartments

Total Monthly Price
The Grove at Mankato

Southwood Flats

Total Monthly Price
Village Court Apartments

Gray Hawk Apartments
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.

Total Monthly Price
Hoover Estates

Total Monthly Price
Woodside Apartments

Cherry Square

Total Monthly Price
The Edge Apartments

Huntington Hills Apartments & Townhomes

Burt 18-(Countryside Properties)

Lewis Lofts

119 Glenview Ave

Meadow Bloom Apartments
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.

Pheasant Run Apartments

107 Main St E

424 Bridge Ave

Blue Ridge Apartments & Townhomes

101 N Mill St

St. James Apartments

423 Adams Ave

201 Pilgrim St

325 E Washington St
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.

930 S Broadway Ave

107 S 5th St

Rita Road
Elmore, MN Local Guide

How much does it cost to rent an apartment in Elmore?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elmore Studio Apartments | $964 | $700 | $1,315 |
| Elmore 1 Bedroom Apartments | $1,186 | $625 | $2,155 |
| Elmore 2 Bedroom Apartments | $1,331 | $695 | $2,150 |
| Elmore 3 Bedroom Apartments | $1,480 | $935 | $1,829 |
| Elmore 4 Bedroom Apartments | $2,190 | $1,780 | $2,500 |
Browse Top Apartments in Elmore
See all Apartments in ElmoreExplore Elmore
Elmore, MN Local Guide
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Cheapest Available Elmore Apartments for Rent and Nearby
 The cheapest available apartment rental in Elmore, MN is a 1 Bed unit found at Burt 18-Unit (Countryside Properties) priced from $425. 501 W 1st St S has the second lowest priced unit, which is a 2 Beds apartment currently listed from $600. Here is today’s list of the most affordable Elmore apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Burt 18-Unit (Countryside Properties) | 1 Bedroom | 1BR,1BA | $425 |
| 501 W 1st St S | 2 BED/1 BATH | 2BR,1BA | $600 |
| Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $701 |
| Eytcheson Estates Welcome | 1 Bedroom | 2BR,1BA | $701 |
| A-Lea Apartments | B and C Buildings | 1BR,1BA | $725 |
| 1212 Heckman Ct | Studio | Studio,1BA | $750 |
| Skye Lofts Apartments | One Bedroom Unit | 1BR,1BA | $825 |
| Hartshorn Manor | 1 Bed, 1 bath | 1BR,1BA | $840 |
| Glenwood Terrace | 1 BR/1 BA | 1BR,1BA | $880 |
| Ashley Estates | 1 Bedroom - a | 1BR,1BA | $895 |
Best Value Apartments for Rent in Elmore, MN and Nearby
As of August 02, 2026 the best value apartment in the Elmore area is the $1.20 price per square foot 3 Bedroom 1.5 Bath Market Model at Dublin Road Townhomes in the in the City Center Mankato neighborhood starting from $1,525. The second greatest value Elmore apartment is the 1 Bed, 1 bath Model at Trimont Square Apartments starting at $935 with a $1.04 price per square foot . Here is today’s list of the best values for Elmore apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Dublin Road Townhomes | 3 Bedroom 1.5 Bath Market | 3BR,1.5BA | $1.20 |
| Trimont Square Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.04 |
| 1212 Heckman Ct | Studio | Studio ,1BA | $0.83 |
| Kee Valley Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.14 |
| Bunting Lane Apartments | Individual Roommates Included! | 2BR,2BA | $0.66 |
| 219 6th St SW | One Bedroom | 1BR,1BA | $1.20 |
| Hartshorn Manor | 1 Bed, 1 bath | 1BR,1BA | $1.12 |
| Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $0.93 |
| Eytcheson Estates Welcome | 1 Bedroom | 2BR,1BA | $0.93 |
| 501 W 1st St S | 1 BED/1 BATH | 1BR,1BA | $0.84 |
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 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 Elmore, MN Rentals by Map
See the most popular apartments and homes in Elmore, MN
Frequently Asked Questions about Cheap Elmore Apartments
What is the Cheapest Studio apartment in Elmore?
Currently the most affordable Cheap Studio Apartment in Elmore is at 1212 Heckman Ct listed at $750.
How much is rent for a Cheap One Bedroom Elmore Apartment?
The lowest price for a Cheap One Bedroom Elmore Apartment is $425 at Burt 18-Unit (Countryside Properties).
What is the lowest price for a Cheap Two Bedroom Elmore Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Elmore is starting from $600 at 501 W 1st St S.
What is the most affordable Elmore Three Bedroom Apartment?
The best deal on a cheap Elmore Three Bedroom Apartment rental is at Ashley Estates and starts from $1,230.
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.

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.

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.

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.