Cheap Homes for Rent in Elko New Market, MN from $700 (6 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Homes available for rent right now in Elko New Market.

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.

Elko New Market, MN Local Guide

Cheapest Available Elko New Market Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elko New Market, MN is a 1 Bed unit found at Centennial & Heritage Apartments in the Wood Hill neighborhood priced from $1,150. The Felix in the Vista View neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,155. Here is today’s list of the most affordable Elko New Market apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Centennial & Heritage Apartments1 bedroom1BR,1BA$1,150
The FelixThe Ellicott A1BR,1BA$1,155
Arris LakevillePineStudio,1BA$1,226

Best Value Apartments for Rent in Elko New Market, MN and Nearby

As of April 18, 2025 the best value apartment in the Elko New Market area is the $1.16 price per square foot Style F Model at Winfield Townhomes in the in the Vista View neighborhood starting from $1,605. The second greatest value Elko New Market apartment is the B6 Model at Provence starting at $2,120 with a $1.68 price per square foot in the Vista View neighborhood. Here is today’s list of the best values for Elko New Market apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Winfield TownhomesStyle F2BR,2BA$1.16
ProvenceB62BR,2BA$1.68
Rambush Estates2 Bed, 2 Bath2BR,2BA$1.55
Lakeville WoodsWillow A1BR,1BA$1.61
Courtwood Village 22 Bed/ 2 Bath2BR,2BA$1.72
Kestrel Village Apartments2 bed 1 bath2BR,1BA$1.58
Centennial & Heritage Apartments1 bedroom1BR,1BA$1.41
The Oaks of Lakeville1 BD / 1 BA1BR,1BA$1.66
The Grainwood Senior ApartmentsOne Bedroom - A1BR,1BA$1.83
The FelixThe Ronan1BR,1BA$1.80

Quick 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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Elko New Market

What type of rentals are currently available in Elko New Market?

There are currently 34 Apartments for Rent in Elko New Market, MN with pricing that ranges from $631 to $4,359. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elko New Market ranging from $750 to $4,995.

What is the current price range for Rental Homes in Elko New Market?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Elko New Market ranges from $750 to $4,995 with an average monthly rent of $2,678.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.