Cheap Homes for Rent in Elmore, MN from $500 (9 Rentals)

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Search the lowest-cost Homes available for rent right now in Elmore.

property at 517 E 4th St

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700

Total Monthly Price
$700

1 Bedroom, 1 Bath Condo for Rent

Available Mar 4

517 E 4th St

Albert LeaMN56007
property at 220 E 7th St

$795

Total Monthly Price

Total Monthly Price

Base Rent
$795

Total Monthly Price
$795

1 Bedroom, 1 Bath Condo for Rent

Available Mar 1

220 E 7th St

Albert LeaMN56007

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.

property at 334 W William St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

2 Bedroom, 1 Bath Condo for Rent

Available Now

334 W William St

Albert LeaMN56007
property at 102 E 4th St

$875

Total Monthly Price

Total Monthly Price

Base Rent
$875

Total Monthly Price
$875

2 Bedroom, 1 Bath Condo for Rent

Available Now

102 E 4th St

Albert LeaMN56007
property at 101 N Mill St

$795 - $895

2 Bedroom Rentals

Available Now

101 N Mill St

Lake MillsIA50450

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 702 E Main St

$900

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

Studio, 1 Bath Home for Rent

Available Now

702 E Main St

Albert LeaMN56007

Elmore, MN Local Guide

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 $525. Meadow Bloom Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $607. Here is today’s list of the most affordable Elmore apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Burt 18-Unit (Countryside Properties)1 Bedroom1BR,1BA$525
Meadow Bloom Apartments2 Bedroom2BR,1BA$607
Deer Creek Apartments1 Bed 1 Bath Apartment1BR,1BA$645

Best Value Apartments for Rent in Elmore, MN and Nearby

As of February 04, 2026 the best value apartment in the Elmore area is the $1.16 price per square foot Three Bedroom One Half Bathroom Model at Sibley Village Townhomes in the in the University neighborhood starting from $1,795. The second greatest value Elmore apartment is the 3 Bedroom 1.5 Bath Affordable Model at Dublin Road Townhomes starting at $1,500 with a $1.17 price per square foot in the City Center Mankato neighborhood. Here is today’s list of the best values for Elmore apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sibley Village TownhomesThree Bedroom One Half Bathroom3BR,1.5BA$1.16
Dublin Road Townhomes3 Bedroom 1.5 Bath Affordable3BR,1.5BA$1.17
Deer Creek Apartments3 Bedroom 1 Bathroom Apartment3BR,1BA$1.16
219 6th St SWTwo Bedroom2BR,2BA$1.10
Trimont Square Apartments1 Bed, 1 bath1BR,1BA$1.04
1212 Heckman CtStudioStudio ,1BA$0.83
Bunting Lane ApartmentsIndividual Roommates Included!2BR,2BA$0.92
Eytcheson Estates Sherburn2 Bedroom2BR,1BA$0.93
Eytcheson Estates Welcome1 Bedroom2BR,1BA$0.93
Hartshorn Manor1 Bed, 1 bath1BR,1BA$1.12

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 Article
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The 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.

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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.

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

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Frequently Asked Questions about Elmore

What type of rentals are currently available in Elmore?

There are currently 64 Apartments for Rent in Elmore, MN with pricing that ranges from $370 to $2,830. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elmore ranging from $550 to $3,500.

What is the current price range for Rental Homes in Elmore?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Elmore ranges from $550 to $3,500 with an average monthly rent of $1,323.

How much are larger Three and Four Bedroom Rentals in Elmore?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Elmore range from $450 to $2,830, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $445.

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 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

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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.

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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.