
Cheap Homes for Rent in Elba, MN from $500 (5 Rentals)
Cheap Homes in Elba.


1923 Viking Dr NW
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

366 Elton Hills Dr NW

1207 8th Ave SE
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

4047 18th Ave NW
Elba, MN Local Guide

How much does it cost to rent a home in Elba?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Elba 2 Bedroom Homes for Rent | $1,731 | $1,295 | $2,300 |
Elba 3 Bedroom Homes for Rent | $2,200 | $1,700 | $3,500 |
Elba 4 Bedroom Homes for Rent | $2,331 | $2,000 | $3,350 |
Elba 5 Bedroom Homes for Rent | $550 | $550 | $550 |
Browse Top Homes for Rent in Elba
Explore Elba
Elba, MN Local Guide
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Cheapest Available Elba Apartments for Rent and Nearby
 The cheapest available apartment rental in Elba, MN is a Studio unit found at Key Randall Apartments priced from $525. Lakeview Manor Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here is today’s list of the most affordable Elba apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Key Randall Apartments | Studio | Studio,1BA | $525 |
Lakeview Manor Apartments | Studio | Studio,1BA | $725 |
River's Edge | One Bedroom | 1BR,1BA | $750 |
Best Value Apartments for Rent in Elba, MN and Nearby
As of May 02, 2025 the best value apartment in the Elba area is the $1.07 price per square foot 2BR Model at Broadway Plaza - Mayo Clinic in the in the Meadow Park neighborhood starting from $1,700. The second greatest value Elba apartment is the 3 Bedroom Model at River Glen starting at $1,665 with a $1.19 price per square foot in the North Rochester neighborhood. Here is today’s list of the best values for Elba apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Broadway Plaza - Mayo Clinic | 2BR | 2BR,2.5BA | $1.07 |
River Glen | 3 Bedroom | 3BR,2BA | $1.19 |
Country Valley | 16x72 | 3BR,2BA | $0.86 |
TwentyFirst Ave | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.40 |
Golfview Crossing Apartments | Two Bedroom | 2BR,1BA | $1.12 |
Olympik Village Apartments | Ares | 2BR,1BA | $1.17 |
Homestead Village Townhomes | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.30 |
Fairway Woods Apartments | One Bedroom | 1BR,1BA | $1.23 |
The Midtown Apartments | Two Bed One Bath | 2BR,1BA | $1.56 |
River's Edge | One Bedroom | 1BR,1BA | $1.11 |
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Frequently Asked Questions about Elba
What type of rentals are currently available in Elba?
There are currently 37 Apartments for Rent in Elba, MN with pricing that ranges from $400 to $3,300. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elba ranging from $550 to $3,500.
What is the current price range for Rental Homes in Elba?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Elba ranges from $550 to $3,500 with an average monthly rent of $1,648.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.