703 SW Delaware St
LonsdaleMN55046
Cheap Homes for Rent in Elko, MN from $700 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Elko.
501 1st St W
NorthfieldMN55057
12655 Garner Way
St. PaulMN55124
20663 Brennan Path
FarmingtonMN55024
8461 144th St W
Apple ValleyMN55124
12656 Garner Way
St. PaulMN55124
6414 158th St W
Apple ValleyMN55124
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Elko, MN Local Guide
Sunrise with the sunflowers by Lorie Shaull is licensed under CC BY 2.0
How much does it cost to rent a home in Elko?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elko 2 Bedroom Homes for Rent | $2,003 | $1,400 | $3,400 |
| Elko 3 Bedroom Homes for Rent | $2,461 | $1,796 | $2,865 |
| Elko 4 Bedroom Homes for Rent | $2,951 | $750 | $4,995 |
| Elko 5 Bedroom Homes for Rent | $3,396 | $2,695 | $4,795 |
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Elko, MN Local Guide
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Cheapest Available Elko Apartments for Rent and Nearby
The cheapest available apartment rental in Elko, MN is a 1 Bed unit found at Woodridge Apartments in the Green Meadows neighborhood priced from $900. Northfield Estates in the Wood Hill neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $935. Here is today’s list of the most affordable Elko apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Woodridge Apartments | ** COMING SOON ** Surround yourself with nature. | 1BR,1BA | $900 |
| Northfield Estates | COMING SOON | 2BR,1BA | $935 |
| Hidden Valley Apartments | ** COMING SOON ** | 2BR,1BA | $1,000 |
Best Value Apartments for Rent in Elko, MN and Nearby
As of April 15, 2025 the best value apartment in the Elko area is the $1.61 price per square foot Willow A Model at Lakeville Woods in the in the Donnelly Farm neighborhood starting from $1,699. The second greatest value Elko apartment is the 2BR/1.0BA Model at Creekside Commons Apartments starting at $1,475 with a $1.53 price per square foot in the Downtown Prior Lake neighborhood. Here is today’s list of the best values for Elko apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lakeville Woods | Willow A | 1BR,1BA | $1.61 |
| Creekside Commons Apartments | 2BR/1.0BA | 2BR,1BA | $1.53 |
| Courtwood Village 2 | 2 Bed/ 2 Bath | 2BR,2BA | $1.72 |
| Kestrel Village Apartments | 2 bed 1 bath | 2BR,1BA | $1.47 |
| Hidden Valley Apartments | ** COMING SOON ** | 2BR,1BA | $1.10 |
| Maple Trails Apartments | ** COMING SOON ** | 2BR,1BA | $1.61 |
| Centennial & Heritage Apartments | 1 bedroom | 1BR,1BA | $1.41 |
| Northfield Estates | COMING SOON | 2BR,1BA | $1.17 |
| The Oaks of Lakeville | 1 BD / 1 BA | 1BR,1BA | $1.60 |
| Woodridge Apartments | ** COMING SOON ** Surround yourself with nature. | 1BR,1BA | $1.34 |
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Frequently Asked Questions about Elko
What type of rentals are currently available in Elko?
There are currently 35 Apartments for Rent in Elko, MN with pricing that ranges from $631 to $4,359. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elko ranging from $750 to $4,995.
What is the current price range for Rental Homes in Elko?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Elko ranges from $750 to $4,995 with an average monthly rent of $2,702.
How much are larger Three and Four Bedroom Rentals in Elko?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Elko range from $1,573 to $4,359, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,796 to $2,865. Four Bedroom Single-Family rentals are also available starting from $750 and Four Bedroom Apartments start at $2,500.
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.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
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.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.
How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.